Litman Gregory Correlations

MSEFX Fund

USD 12.04 0.09 0.74%

The current 90-days correlation between Litman Gregory Masters and Legg Mason Partners is 0.15 (i.e., Average 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

Very weak diversification

The correlation between Litman Gregory Masters and DJI is 0.51 (i.e., Very 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 census.

Moving together with Litman Mutual Fund

0.97	PFSVX	Imgp Sbh Focused	Pair Corr
0.63	IDMIX	Im Dolan Mceniry	Pair Corr
0.97	FCWGX	American Funds Capital	Pair Corr
0.97	FWCGX	American Funds Capital	Pair Corr
0.97	CWGIX	Capital World Growth	Pair Corr
0.97	CWGFX	Capital World Growth	Pair Corr
0.97	CWGCX	Capital World Growth	Pair Corr
0.97	RWIFX	Capital World Growth	Pair Corr
0.97	CWICX	Capital World Growth	Pair Corr
0.97	RWIAX	Capital World Growth	Pair Corr
0.97	CWIAX	Capital World Growth	Pair Corr
0.97	WGIFX	Capital World Growth	Pair Corr
0.63	JHBCX	Jhancock Blue Chip	Pair Corr
0.7	ALEAX	Alger Funds	Pair Corr
0.73	JFFAX	Jpmorgan Smartretirement	Pair Corr
0.63	MFOCX	Marsico Focus	Pair Corr
0.62	FLSZX	Franklin Lifesmart 2055	Pair Corr
0.81	IPSHX	Pinnacle Sherman Multi	Pair Corr
0.74	FTVZX	Fuller Thaler Behavioral	Pair Corr

Moving against Litman Mutual Fund

0.61	IIRFX	Voya Russia Fund	Pair Corr
0.56	IWRFX	Voya Russia Fund	Pair Corr
0.82	NTG	Tortoise Mlp Closed	Pair Corr
0.8	TTP	Tortoise Pipeline And	Pair Corr
0.67	GAEGX	Columbia Large Cap	Pair Corr
0.63	DFFGX	Dfa Short Term	Pair Corr
0.56	LETRX	Voya Russia Fund	Pair Corr
0.59	MLCIX	Bmo Large Cap	Pair Corr
0.54	TFLAX	Transamerica Floating	Pair Corr

Related Correlations Analysis

	QLMSIX	ARTSX	RYSVX	VYRDX	FCSGX	PSBMX	RRSVX
QLMSIX		0.8	0.83	0.95	0.88	0.91	0.92	QLMSIX
ARTSX	0.8		0.87	0.75	0.93	0.83	0.86	ARTSX
RYSVX	0.83	0.87		0.87	0.92	0.88	0.95	RYSVX
VYRDX	0.95	0.75	0.87		0.83	0.92	0.92	VYRDX
FCSGX	0.88	0.93	0.92	0.83		0.87	0.93	FCSGX
PSBMX	0.91	0.83	0.88	0.92	0.87		0.96	PSBMX
RRSVX	0.92	0.86	0.95	0.92	0.93	0.96		RRSVX
	QLMSIX	ARTSX	RYSVX	VYRDX	FCSGX	PSBMX	RRSVX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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
QLMSIX	0.96	0.07	0.00	0.35	1.22	(0.95)	1.75	(1.65)	9.23
ARTSX	1.03	0.05	0.01	0.17	1.31	(1.03)	2.14	(2.19)	6.98
RYSVX	0.94	0.05	0.00	0.18	1.11	(0.99)	1.99	(1.76)	10.89
VYRDX	0.79	0.04	(0.04)	0.37	1.00	(0.89)	1.66	(1.25)	10.40
FCSGX	0.89	0.09	0.03	0.29	1.10	(0.96)	1.88	(1.50)	9.09
PSBMX	0.88	0.00	(0.03)	0.10	1.24	(0.86)	1.72	(1.55)	9.63
RRSVX	0.79	0.03	(0.02)	0.15	0.91	(0.98)	1.62	(1.26)	10.30

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