Real Estate Correlations

Mutual Funds . USA . 
Fund . Real Estate Securities
PREPX Fund  USD 28.93  0.12  0.41%   
The current 90-days correlation between Real Estate Securities and Principal Lifetime 2050 is -0.09 (i.e., Good diversification). The correlation of Real Estate 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.

Real Estate Correlation With Market

Weak diversification

The correlation between Real Estate Securities and DJI is 0.38 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Real Estate Securities 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 Real Estate Securities. 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 metropolitan statistical area.

Moving together with Real Mutual Fund

  0.74PFIJX Strategic Asset ManaPairCorr
  0.71PFIEX International EquityPairCorr
  0.7PFIFX Strategic Asset ManaPairCorr
  0.7PFISX International Small PanyPairCorr
  0.71PFIPX Strategic Asset ManaPairCorr
  0.97PFRSX Real Estate SecuritiesPairCorr
  0.74SAUPX Strategic Asset ManaPairCorr
  0.71PFUMX Finisterre UnconstrainedPairCorr
  0.81STCCX Short Term IncomePairCorr
  0.94PGRUX Global Real EstatePairCorr
  0.94PGSLX Principal Global SusPairCorr
  0.94PGRKX Global Real EstatePairCorr
  0.66PHJFX Principal Lifetime HybridPairCorr
  0.65PHJMX Principal Lifetime HybridPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Real Mutual Fund performing well and Real Estate 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 Real Estate'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
SABPX  0.49  0.22  0.39  9.18  0.00 
(0.67)
 0.81 
(0.64)
 11.40 
SACAX  0.69  0.00  0.39  0.00  0.00 
(0.85)
 1.10 
(1.03)
 14.71 
SAGPX  0.65  0.29  0.45  11.34  0.00 
(0.86)
 0.92 
(0.84)
 15.67 
PFIJX  0.17  0.05  0.04  4.02  0.00 
(0.22)
 0.48 
(0.32)
 1.76 
PFIEX  0.61  0.11  0.10  0.20  0.73 
(0.67)
 1.41 
(1.15)
 4.22 
PFIFX  0.18  0.02 (0.04) 0.13  0.10 
(0.22)
 0.47 
(0.39)
 1.67 
PFISX  0.61  0.10  0.09  0.20  0.84 
(0.66)
 1.35 
(1.36)
 3.75 
PFIPX  0.18  0.02 (0.03) 0.13  0.06 
(0.23)
 0.40 
(0.32)
 1.59 
SAIPX  0.32  0.14  0.28  6.12  0.00 
(0.42)
 0.59 
(0.42)
 6.99 
PFLJX  0.65  0.14  0.18  0.23  0.46 
(0.84)
 0.89 
(1.19)
 11.37 

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
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY