Inflation Protection Correlations

PIFPX Fund

USD 7.24 0.01 0.14%

The current 90-days correlation between Inflation Protection and Strategic Asset Management is 0.07 (i.e., Significant diversification). The correlation of Inflation Protection 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.

Inflation Protection Correlation With Market

Average diversification

The correlation between Inflation Protection Fund and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Inflation Protection 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 Inflation Protection 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 main economic indicators.

Moving together with Inflation Mutual Fund

0.61

PGDIX

Global Diversified Income

Pair Corr

Moving against Inflation Mutual Fund

0.56	SAUPX	Strategic Asset Mana	Pair Corr
0.56	PGBEX	Blue Chip Fund	Pair Corr
0.56	PGBGX	Blue Chip Fund	Pair Corr
0.53	PFLJX	Principal Lifetime 2050	Pair Corr
0.52	SABPX	Strategic Asset Mana	Pair Corr
0.52	SACAX	Strategic Asset Mana	Pair Corr
0.52	SAGPX	Strategic Asset Mana Potential Growth	Pair Corr
0.51	SAIPX	Strategic Asset Mana	Pair Corr
0.45	PFIJX	Strategic Asset Mana	Pair Corr
0.44	PFIPX	Strategic Asset Mana	Pair Corr
0.39	PFIFX	Strategic Asset Mana	Pair Corr
0.38	PFUMX	Finisterre Unconstrained	Pair Corr
0.61	SCGPX	Strategic Asset Mana	Pair Corr
0.6	SCBPX	Strategic Asset Mana	Pair Corr
0.59	SCIPX	Strategic Asset Mana	Pair Corr
0.56	PGBHX	Blue Chip Fund	Pair Corr
0.53	PGRTX	Smallcap Growth	Pair Corr
0.5	PHJGX	Principal Lifetime Hybrid	Pair Corr
0.5	PHJBX	Principal Lifetime Hybrid	Pair Corr
0.47	PHJEX	Principal Lifetime Hybrid	Pair Corr
0.35	STCCX	Short Term Income	Pair Corr
0.33	PGLSX	Global Multi Strategy	Pair Corr
0.55	SCUPX	Strategic Asset Mana	Pair Corr
0.52	PHSPX	Pimco High Yield	Pair Corr
0.51	PHJYX	Principal Lifetime Hybrid	Pair Corr
0.51	PHJUX	Principal Lifetime Hybrid	Pair Corr
0.51	PHTUX	Principal Lifetime Hybrid	Pair Corr
0.48	PHJDX	Principal Lifetime Hybrid	Pair Corr

Related Correlations Analysis

	SABPX	SACAX	SAGPX	PFIJX	PFIEX	PFIFX	PFISX	PFIPX	SAIPX	PFLJX
SABPX		1.0	1.0	0.91	0.77	0.85	0.61	0.89	1.0	0.99	SABPX
SACAX	1.0		1.0	0.91	0.78	0.85	0.63	0.89	1.0	0.99	SACAX
SAGPX	1.0	1.0		0.9	0.76	0.83	0.61	0.88	1.0	0.99	SAGPX
PFIJX	0.91	0.91	0.9		0.85	0.96	0.72	1.0	0.92	0.92	PFIJX
PFIEX	0.77	0.78	0.76	0.85		0.87	0.91	0.85	0.77	0.81	PFIEX
PFIFX	0.85	0.85	0.83	0.96	0.87		0.75	0.96	0.86	0.89	PFIFX
PFISX	0.61	0.63	0.61	0.72	0.91	0.75		0.72	0.62	0.68	PFISX
PFIPX	0.89	0.89	0.88	1.0	0.85	0.96	0.72		0.91	0.91	PFIPX
SAIPX	1.0	1.0	1.0	0.92	0.77	0.86	0.62	0.91		0.99	SAIPX
PFLJX	0.99	0.99	0.99	0.92	0.81	0.89	0.68	0.91	0.99		PFLJX
	SABPX	SACAX	SAGPX	PFIJX	PFIEX	PFIFX	PFISX	PFIPX	SAIPX	PFLJX

Please upgrade your account to get full access to Macroaxis premium features

Risk-Adjusted Indicators

There is a big difference between Inflation Mutual Fund performing well and Inflation Protection 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 Inflation Protection'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
SABPX	0.54	0.15	0.22	0.29	0.17	(0.65)	0.81	(0.67)	10.26
SACAX	0.74	0.18	0.22	0.26	0.47	(0.84)	1.16	(1.07)	13.36
SAGPX	0.70	0.21	0.28	0.33	0.21	(0.86)	1.00	(0.87)	14.48
PFIJX	0.19	0.01	(0.10)	0.09	0.07	(0.26)	0.40	(0.32)	1.20
PFIEX	0.64	(0.03)	(0.04)	0.01	0.94	(0.62)	1.12	(1.45)	4.47
PFIFX	0.21	(0.01)	(0.13)	0.00	0.29	(0.25)	0.48	(0.39)	1.11
PFISX	0.65	(0.06)	0.00	(0.04)	0.00	0.00	1.02	(1.35)	4.58
PFIPX	0.18	0.01	(0.10)	0.09	0.06	(0.26)	0.40	(0.39)	1.03
SAIPX	0.35	0.09	0.15	0.26	0.00	(0.46)	0.58	(0.50)	6.14
PFLJX	0.70	0.09	0.08	0.15	0.75	(0.84)	1.14	(1.16)	9.95

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

2025 Macroaxis LLC