Nomura Real Correlations

NMMRF Fund

USD 1,008 0.00 0.00%

The current 90-days correlation between Nomura Real Estate and Vanguard Total Stock is 0.12 (i.e., Average diversification). The correlation of Nomura Real 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.

Nomura Real Correlation With Market

Significant diversification

The correlation between Nomura Real Estate and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Nomura Real Estate 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 Nomura Real Estate. Also, note that the market value of any otc fund could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving together with Nomura OTC Fund

0.67	VGTSX	Vanguard Total Inter	Pair Corr
0.67	VTIAX	Vanguard Total Inter	Pair Corr
0.81	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.88	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.74	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.66	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr

Moving against Nomura OTC Fund

0.91	MEGIX	Msvif Growth Port	Pair Corr
0.81	VITSX	Vanguard Total Stock	Pair Corr
0.8	BSDAX	Blackrock Smid Cap	Pair Corr
0.79	VFIAX	Vanguard 500 Index	Pair Corr
0.79	VFINX	Vanguard 500 Index	Pair Corr
0.78	VTSAX	Vanguard Total Stock	Pair Corr
0.78	VTSMX	Vanguard Total Stock	Pair Corr
0.78	VSTSX	Vanguard Total Stock	Pair Corr
0.78	VSMPX	Vanguard Total Stock	Pair Corr
0.77	VFFSX	Vanguard 500 Index	Pair Corr
0.76	CGSAX	Columbia Growth 529	Pair Corr
0.69	ELFNX	Elfun Trusts Elfun	Pair Corr
0.67	HCMFX	Hcm Dynamic Income	Pair Corr
0.97	DIS	Walt Disney	Pair Corr
0.87	WMT	Walmart	Pair Corr
0.85	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.7	CSCO	Cisco Systems	Pair Corr
0.66	HD	Home Depot	Pair Corr
0.52	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.51	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.42	MSFT	Microsoft	Pair Corr

Related Correlations Analysis

	VTSAX	VFIAX	VTSMX	VITSX	VSTSX	VSMPX	VFINX	VFFSX	VTIAX
VTSAX		0.95	1.0	0.96	1.0	1.0	0.95	1.0	-0.6	VTSAX
VFIAX	0.95		0.95	1.0	0.95	0.95	1.0	0.95	-0.64	VFIAX
VTSMX	1.0	0.95		0.96	1.0	1.0	0.95	1.0	-0.6	VTSMX
VITSX	0.96	1.0	0.96		0.96	0.96	1.0	0.96	-0.66	VITSX
VSTSX	1.0	0.95	1.0	0.96		1.0	0.95	1.0	-0.6	VSTSX
VSMPX	1.0	0.95	1.0	0.96	1.0		0.95	1.0	-0.6	VSMPX
VFINX	0.95	1.0	0.95	1.0	0.95	0.95		0.95	-0.64	VFINX
VFFSX	1.0	0.95	1.0	0.96	1.0	1.0	0.95		-0.58	VFFSX
VTIAX	-0.6	-0.64	-0.6	-0.66	-0.6	-0.6	-0.64	-0.58		VTIAX
	VTSAX	VFIAX	VTSMX	VITSX	VSTSX	VSMPX	VFINX	VFFSX	VTIAX

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

VTSMX	+ 1.0	VTSAX
VSTSX	+ 1.0	VTSAX
VSMPX	+ 1.0	VTSAX
VFFSX	+ 1.0	VTSAX
VITSX	+ 1.0	VFIAX
VFINX	+ 1.0	VFIAX

High negative correlations

VTIAX	- 0.66	VITSX
VTIAX	- 0.64	VFINX
VTIAX	- 0.64	VFIAX
VTIAX	- 0.6	VSMPX
VTIAX	- 0.6	VSTSX
VTIAX	- 0.6	VTSMX

Risk-Adjusted Indicators

There is a big difference between Nomura OTC Fund performing well and Nomura Real OTC 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 Nomura Real'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
VTSAX	0.55	0.05	0.05	0.07	0.75	(0.58)	0.98	(0.95)	4.11
VFIAX	0.48	0.10	0.13	1.81	0.44	(0.50)	0.97	(0.93)	3.84
VTSMX	0.55	0.05	0.05	0.07	0.75	(0.58)	0.98	(0.94)	4.11
VITSX	0.50	0.11	0.15	1.37	0.45	(0.56)	0.98	(0.94)	4.11
VSTSX	0.55	0.05	0.05	0.07	0.75	(0.58)	0.98	(0.95)	4.11
VSMPX	0.55	0.05	0.05	0.07	0.75	(0.58)	0.98	(0.95)	4.11
VFINX	0.48	0.10	0.13	1.80	0.44	(0.50)	0.97	(0.93)	3.84
VFFSX	0.52	0.04	0.05	0.07	0.72	(0.52)	0.97	(0.96)	3.84
VTIAX	0.59	(0.08)	0.00	(0.18)	0.00	0.00	1.15	(1.33)	4.11

Be your own money manager

Our tools can tell you how much better you can do entering a position in Nomura Real without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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