Robinson Tax Correlations

ROBCX Fund

USD 8.97 0.02 0.22%

The current 90-days correlation between Robinson Tax Advantaged and Robinson Tax Advantaged is 0.99 (i.e., No risk reduction). The correlation of Robinson Tax 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.

Robinson Tax Correlation With Market

Average diversification

The correlation between Robinson Tax Advantaged 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 Robinson Tax Advantaged 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 Robinson Tax Advantaged. 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 Robinson Mutual Fund

1.0	ROBAX	Robinson Tax Advantaged	Pair Corr
1.0	ROBNX	Robinson Tax Advantaged	Pair Corr
0.78	VWLTX	Vanguard Long Term	Pair Corr
0.81	VWAHX	Vanguard High Yield	Pair Corr
0.81	VWALX	Vanguard High Yield	Pair Corr
0.8	FSMUX	Strategic Advisers	Pair Corr
0.79	VWLUX	Vanguard Long Term	Pair Corr
0.79	FAFTX	Franklin Federal Tax	Pair Corr
0.77	FFTQX	Franklin Federal Tax	Pair Corr
0.79	FKTIX	Franklin Federal Tax	Pair Corr
0.78	FRFTX	Franklin Federal Tax	Pair Corr
0.79	FFQAX	Franklin Federal Tax	Pair Corr

Related Correlations Analysis

	ROBCX	ROBNX	BDKAX	RBNCX	REIAX	REICX	REIIX
ROBCX		1.0	0.56	0.6	0.5	0.49	0.5	ROBCX
ROBNX	1.0		0.59	0.63	0.48	0.47	0.48	ROBNX
BDKAX	0.56	0.59		0.87	0.29	0.25	0.29	BDKAX
RBNCX	0.6	0.63	0.87		0.15	0.12	0.16	RBNCX
REIAX	0.5	0.48	0.29	0.15		1.0	1.0	REIAX
REICX	0.49	0.47	0.25	0.12	1.0		1.0	REICX
REIIX	0.5	0.48	0.29	0.16	1.0	1.0		REIIX
	ROBCX	ROBNX	BDKAX	RBNCX	REIAX	REICX	REIIX

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Risk-Adjusted Indicators

There is a big difference between Robinson Mutual Fund performing well and Robinson Tax 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 Robinson Tax'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
ROBCX	0.27	0.00	(0.25)	0.09	0.37	(0.29)	0.67	(0.67)	1.88
ROBNX	0.28	0.00	(0.23)	0.15	0.37	(0.30)	0.67	(0.67)	1.99
BDKAX	0.09	0.02	(0.70)	(0.28)	0.00	(0.18)	0.15	(0.15)	0.46
RBNCX	0.22	0.03	(0.25)	0.33	0.03	(0.27)	0.48	(0.47)	1.24
REIAX	0.69	0.03	(0.10)	0.81	0.80	(0.76)	1.32	(1.25)	3.88
REICX	0.68	0.03	(0.10)	0.79	0.81	(0.75)	1.33	(1.25)	3.90
REIIX	0.68	0.03	(0.10)	0.93	0.81	(0.75)	1.32	(1.24)	3.80

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Robinson Tax Correlations

Robinson Tax Correlation With Market

Average diversification

Moving together with Robinson Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

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