Ocm Mutual Correlations

OCMGX Fund

USD 13.40 0.42 3.04%

The correlation of Ocm Mutual 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.

Ocm Mutual Correlation With Market

Average diversification

The correlation between Ocm Mutual Fund and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ocm Mutual Fund and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ocm Mutual Fund. 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 price.

Moving together with Ocm Mutual Fund

0.89	SGGDX	First Eagle Gold	Pair Corr
0.95	FEGIX	First Eagle Gold	Pair Corr
0.93	FEGOX	First Eagle Gold	Pair Corr
0.88	OPGSX	Oppenheimer Gold Spec	Pair Corr
0.91	OGMCX	Oppenheimer Gold Special	Pair Corr
0.9	FSAGX	Gold Portfolio Gold	Pair Corr
0.96	FIJDX	Gold Portfolio Fidelity	Pair Corr

Moving against Ocm Mutual Fund

0.32	KINCX	Kinetics Internet	Pair Corr
0.32	KINAX	Kinetics Internet	Pair Corr
0.38	FSRBX	Banking Portfolio Banking	Pair Corr

Related Correlations Analysis

	JYEBX	HTMIX	QREARX	MSULX	MURSX	FORFX
JYEBX		0.77	0.27	0.8	0.79	0.63	JYEBX
HTMIX	0.77		0.2	0.75	0.75	0.47	HTMIX
QREARX	0.27	0.2		0.39	0.4	0.66	QREARX
MSULX	0.8	0.75	0.39		1.0	0.75	MSULX
MURSX	0.79	0.75	0.4	1.0		0.76	MURSX
FORFX	0.63	0.47	0.66	0.75	0.76		FORFX
	JYEBX	HTMIX	QREARX	MSULX	MURSX	FORFX

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Risk-Adjusted Indicators

There is a big difference between Ocm Mutual Fund performing well and Ocm Mutual 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 Ocm Mutual'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
JYEBX	0.65	0.07	(0.04)	0.91	0.74	(0.69)	1.22	(1.15)	3.51
HTMIX	0.40	0.02	(0.12)	0.27	0.42	(0.60)	1.12	(0.75)	3.59
QREARX	0.05	0.00	(1.13)	0.35	0.07	(0.04)	0.08	(0.11)	0.73
MSULX	0.46	0.08	(0.06)	(6.88)	0.36	(0.77)	1.15	(0.85)	3.61
MURSX	0.45	0.08	(0.05)	(6.04)	0.35	(0.74)	1.28	(0.80)	3.61
FORFX	0.05	0.04	0.00	6.77	0.00	0.00	0.11	0.00	0.21

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