Cohen Steers Correlations

Mutual Funds . USA . 
Fund . Cohen Steers Low
LPXAX Fund  USD 9.50  0.01  0.11%   
The current 90-days correlation between Cohen Steers Low and Cohen Steers Mlp is 0.12 (i.e., Average diversification). The correlation of Cohen Steers is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Cohen Steers Correlation With Market

Significant diversification

The correlation between Cohen Steers Low and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cohen Steers Low and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Cohen Steers Low. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Cohen Mutual Fund please use our How to Invest in Cohen Steers guide.

Moving together with Cohen Mutual Fund

  0.98PISHX Cohen Steers PreferredPairCorr
  0.99LPXRX Cohen Steers LowPairCorr
  1.0LPXZX Cohen Steers LowPairCorr
  0.98LPXCX Cohen Steers LowPairCorr
  0.99LPXFX Cohen Steers LowPairCorr
  1.0LPXIX Cohen Steers LowPairCorr
  0.91CPRRX Cohen Steers PreferredPairCorr
  0.95CPXIX Cohen Steers PrfrdPairCorr
  0.93CPXFX Cohen Steers PreferredPairCorr
  0.89CPXCX Cohen Steers PrefrdPairCorr
  0.92CPXAX Cohen Steers PreferdPairCorr
  0.92CPXZX Cohen Steers PreferredPairCorr

Moving against Cohen Mutual Fund

  0.42IRFRX Cohen Steers IntlPairCorr
  0.37IRFAX Cohen Steers InternaPairCorr
  0.37IRFCX Cohen Steers InternaPairCorr
  0.37IRFIX Cohen Steers InternaPairCorr
  0.36IRFZX Cohen Steers IntlPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Cohen Mutual Fund performing well and Cohen Steers Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Cohen Steers' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
MLOAX  0.64  0.11  0.00  7.06  0.78 
(0.68)
 1.16 
(1.54)
 4.36 
MLOCX  0.66  0.02 (0.05) 0.17  0.88 
(0.69)
 1.14 
(1.54)
 3.43 
MLOIX  0.66  0.11  0.00  3.43  0.79 
(0.71)
 1.16 
(1.42)
 4.48 
MLORX  0.64  0.03 (0.04) 0.18  0.89 
(0.66)
 1.14 
(1.53)
 3.39 
MLOZX  0.66  0.11  0.00  5.07  0.79 
(0.69)
 1.23 
(1.54)
 4.36 
RAPAX  0.39  0.04 (0.15) 1.06  0.39 
(0.46)
 0.87 
(0.85)
 2.42 
RAPIX  0.38  0.00 (0.19) 0.15  0.44 
(0.41)
 0.77 
(0.87)
 1.91 
RAPCX  0.39  0.03 (0.15) 1.61  0.43 
(0.43)
 0.78 
(0.88)
 2.43 
RAPZX  0.37  0.00 (0.19) 0.15  0.41 
(0.44)
 0.77 
(0.87)
 1.82 
RAPRX  0.39  0.04 (0.15) 0.99  0.40 
(0.45)
 0.85 
(0.86)
 2.39 

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY