Us Government Correlations

RGVAX Fund

USD 11.90 0.03 0.25%

The current 90-days correlation between Us Government Securities and Rbc Bluebay Emerging is 0.67 (i.e., Poor diversification). The correlation of Us Government 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.

Us Government Correlation With Market

Average diversification

The correlation between Us Government Securities and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Us Government 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 Us Government 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 nation.

Moving together with RGVAX Mutual Fund

0.71	AMFCX	American Mutual	Pair Corr
0.72	AMFFX	American Mutual	Pair Corr
0.81	RNCCX	American Funds Income	Pair Corr
0.61	FPPPX	American Funds Prese	Pair Corr
0.61	ANCFX	American Funds Funda	Pair Corr
0.72	FAUTX	American Funds 2040	Pair Corr
1.0	CGTCX	Us Government Securities	Pair Corr
0.71	RRPPX	American Funds Retirement	Pair Corr
0.69	FCJTX	American Funds 2055	Pair Corr
0.65	RRQPX	American Funds Retirement	Pair Corr
0.78	RROPX	American Funds Retirement	Pair Corr
0.72	AAGTX	American Funds 2040	Pair Corr
0.72	ABALX	American Balanced	Pair Corr
0.73	FFPNX	American Funds New	Pair Corr
0.86	REGAX	American Funds Emerging	Pair Corr
0.78	REJTX	American Funds 2015	Pair Corr
0.62	RFNFX	American Funds Funda	Pair Corr
0.99	USGFX	Us Government Securities	Pair Corr
0.61	RGACX	Growth Fund	Pair Corr
1.0	RGVCX	Us Government Securities	Pair Corr
0.99	RGVJX	Us Government Securities	Pair Corr
0.61	CPGCX	American Funds Global	Pair Corr
0.73	RIVDX	American Funds Inter	Pair Corr
0.73	WMFFX	Washington Mutual	Pair Corr
0.91	FLIBX	American Funds Inflation	Pair Corr
1.0	UGSFX	Us Government Securities	Pair Corr
0.9	CBOAX	Intermediate Bond	Pair Corr
0.71	CCGTX	American Funds 2040	Pair Corr
0.69	CCKTX	American Funds 2060	Pair Corr
0.99	VFIJX	Vanguard Gnma	Pair Corr
0.9	VSIGX	Vanguard Intermediate-ter	Pair Corr
0.99	AMUSX	Us Government Securities	Pair Corr
0.99	FSUGX	American Funds Government	Pair Corr
1.0	UGSCX	Us Government Securities	Pair Corr
0.99	FSUUX	American Funds Government	Pair Corr
0.98	VMBSX	Vanguard Mortgage-backed	Pair Corr
0.99	VFIIX	Vanguard Gnma	Pair Corr
0.98	FUTBX	Fidelity Sai Treasury	Pair Corr

Moving against RGVAX Mutual Fund

0.68	PQTAX	Pimco Trends Managed	Pair Corr
0.68	PQTNX	Pimco Trends Managed	Pair Corr
0.68	PQTIX	Aa Pimco Tr	Pair Corr
0.58	GPMFX	Guidepath Managed Futures	Pair Corr

Related Correlations Analysis

	RESAX	TRZOX	NWCSX	GHVIX	SWSFX	HWDCX	MBSAX
RESAX		0.53	0.8	0.86	0.47	0.91	0.94	RESAX
TRZOX	0.53		0.37	0.79	0.89	0.52	0.52	TRZOX
NWCSX	0.8	0.37		0.68	0.27	0.74	0.73	NWCSX
GHVIX	0.86	0.79	0.68		0.75	0.76	0.88	GHVIX
SWSFX	0.47	0.89	0.27	0.75		0.47	0.51	SWSFX
HWDCX	0.91	0.52	0.74	0.76	0.47		0.9	HWDCX
MBSAX	0.94	0.52	0.73	0.88	0.51	0.9		MBSAX
	RESAX	TRZOX	NWCSX	GHVIX	SWSFX	HWDCX	MBSAX

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Risk-Adjusted Indicators

There is a big difference between RGVAX Mutual Fund performing well and Us Government 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 Us Government'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
RESAX	0.21	0.03	0.08	0.48	0.14	(0.27)	0.49	(0.36)	1.60
TRZOX	0.09	0.02	0.05	(13.80)	0.00	(0.25)	0.22	(0.22)	0.66
NWCSX	0.30	0.02	0.04	0.21	0.35	(0.36)	0.68	(0.58)	2.23
GHVIX	0.14	0.02	0.08	(1.97)	0.00	(0.17)	0.30	(0.24)	0.90
SWSFX	0.05	0.01	0.00	(0.84)	0.00	0.00	0.10	0.00	0.69
HWDCX	0.12	0.01	0.05	0.94	0.00	(0.17)	0.31	(0.21)	0.73
MBSAX	0.19	0.02	0.05	(0.46)	0.19	(0.21)	0.37	(0.30)	1.34

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