Litman Gregory Correlations

MAHIX Fund

USD 9.95 0.03 0.30%

The current 90-days correlation between Litman Gregory Masters and Vanguard Financials Index is 0.28 (i.e., Modest diversification). The correlation of Litman Gregory 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.

Litman Gregory Correlation With Market

Weak diversification

The correlation between Litman Gregory Masters and DJI is 0.39 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Litman Gregory Masters 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 Litman Gregory Masters. 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 gross domestic product.

Moving together with Litman Mutual Fund

0.8	PFSVX	Imgp Sbh Focused	Pair Corr
0.85	JSORX	Jpmorgan Strategic Income	Pair Corr
0.84	JSOZX	Jpmorgan Strategic Income	Pair Corr
0.84	JSOCX	Jpmorgan Strategic Income	Pair Corr
0.84	JSOSX	Jpmorgan Strategic Income	Pair Corr
0.85	JSOAX	Jpmorgan Strategic Income	Pair Corr
0.84	TRSTX	T Rowe Price	Pair Corr
0.86	DOXGX	Dodge Cox Stock	Pair Corr
0.9	VIGAX	Vanguard Growth Index	Pair Corr
0.83	WWLAX	Westwood Largecap Value	Pair Corr
0.63	MATFX	Matthews Asia Innovators	Pair Corr
0.81	RBKTX	American Funds 2040	Pair Corr
0.88	DXQLX	Direxion Monthly Nasdaq	Pair Corr
0.9	HACAX	Harbor Capital Appre	Pair Corr
0.93	FPURX	Fidelity Puritan	Pair Corr
0.87	TRLCX	Tiaa-cref Large-cap	Pair Corr
0.81	VTTHX	Vanguard Target Reti	Pair Corr
0.73	TAIAX	American Funds Tax	Pair Corr
0.9	EVFMX	Evaluator Moderate Rms	Pair Corr
0.84	CII	Blackrock Enhanced	Pair Corr
0.88	AIO	Virtus Allianzgi Art	Pair Corr
0.86	AASMX	Thrivent Small Cap	Pair Corr
0.89	LCGNX	William Blair Large	Pair Corr
0.8	TSGHX	Tiaa Cref Lifestyle	Pair Corr

Moving against Litman Mutual Fund

0.78	POIVX	Imgp Oldfield Intern	Pair Corr
0.76	PFHCX	Pacific Funds Small	Pair Corr
0.62	MSILX	Litman Gregory Masters	Pair Corr
0.56	PMZCX	Pimco Mortgage Oppor	Pair Corr
0.31	NHS	Neuberger Berman High	Pair Corr

Related Correlations Analysis

	VFAIX	ICFAX	MCBXX	MSVIX	PFSQX	XFINX
VFAIX		0.71	0.16	0.84	1.0	0.68	VFAIX
ICFAX	0.71		0.1	0.7	0.72	0.43	ICFAX
MCBXX	0.16	0.1		0.08	0.17	0.45	MCBXX
MSVIX	0.84	0.7	0.08		0.87	0.68	MSVIX
PFSQX	1.0	0.72	0.17	0.87		0.7	PFSQX
XFINX	0.68	0.43	0.45	0.68	0.7		XFINX
	VFAIX	ICFAX	MCBXX	MSVIX	PFSQX	XFINX

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Risk-Adjusted Indicators

There is a big difference between Litman Mutual Fund performing well and Litman Gregory 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 Litman Gregory's 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 Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
VFAIX	0.78	0.06	0.12	0.17	0.51	(0.93)	1.77	(1.22)	8.51
ICFAX	0.93	(0.22)	0.00	(0.10)	0.00	0.00	1.43	(1.23)	5.10
MCBXX	0.03	0.00	0.00	0.48	0.00	0.00	0.00	0.00	1.01
MSVIX	0.78	(0.06)	(0.03)	0.08	0.83	(0.86)	1.78	(1.41)	5.71
PFSQX	0.80	0.04	0.11	0.16	0.51	(1.03)	1.58	(1.42)	8.34
XFINX	0.11	0.02	(0.28)	0.47	0.13	(0.14)	0.22	(0.14)	1.00

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