Swan Defined Correlations

Mutual Funds USA . 
Fund . Swan Defined Risk
SDAIX Fund  USD 14.46  0.05  0.34%   
The current 90-days correlation between Swan Defined Risk and Eip Growth And is 0.35 (i.e., Weak diversification). The correlation of Swan Defined 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.

Swan Defined Correlation With Market

Very poor diversification

The correlation between Swan Defined Risk and DJI is 0.82 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Swan Defined Risk and DJI in the same portfolio, assuming nothing else is changed.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Swan Defined Risk. 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 gross domestic product.

Moving together with Swan Mutual Fund

  1.0SDACX Swan Defined RiskPairCorr
  1.0SDAAX Swan Defined RiskPairCorr
  0.9SDCIX Swan Defined RiskPairCorr
  0.9SDCCX Swan Defined RiskPairCorr
  0.9SDCAX Swan Defined RiskPairCorr
  1.0SDRAX Swan Defined RiskPairCorr
  1.0SDRCX Swan Defined RiskPairCorr
  1.0SDRIX Swan Defined RiskPairCorr
  1.0JHQCX Jpmorgan Hedged EquityPairCorr
  1.0JHEQX Jpmorgan Hedged EquityPairCorr
  1.0JHQAX Jpmorgan Hedged EquityPairCorr
  0.99GTENX Gateway Fund ClassPairCorr
  0.99GTECX Gateway Fund ClassPairCorr
  0.99GTEYX Gateway Fund ClassPairCorr
  0.99GATEX Gateway Fund ClassPairCorr
  0.95JHDCX Jpmorgan Hedged EquityPairCorr
  0.95JHDRX Jpmorgan Hedged EquityPairCorr
  0.95JHDAX Jpmorgan Hedged EquityPairCorr
  0.86SMPSX Semiconductor UltrasectorPairCorr
  0.87SMPIX Semiconductor UltrasectorPairCorr
  0.87LSHUX Horizon Spin Off Steady GrowthPairCorr
  0.88LSHEX Kinetics Spin Off Steady GrowthPairCorr
  0.92RSNYX Victory Global NaturalPairCorr
  0.88LSHCX Horizon Spin Off Steady GrowthPairCorr
  0.92RSNRX Victory Global NaturalPairCorr
  0.87LSHAX Horizon Spin Off Steady GrowthPairCorr
  0.92RGNCX Victory Global NaturalPairCorr
  0.87WWNPX Kinetics Paradigm Steady GrowthPairCorr
  0.99SVSPX Ssga Sp 500PairCorr
  0.93VMIDX Mid Cap IndexPairCorr
  0.93PCWPX Strategic Asset ManaPairCorr
  0.79GLRBX James Balanced GoldenPairCorr

Moving against Swan Mutual Fund

  0.52SDJCX Swan Defined RiskPairCorr
  0.51SDJAX Swan Defined RiskPairCorr
  0.5SDJIX Swan Defined RiskPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Swan Mutual Fund performing well and Swan Defined 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 Swan Defined'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.

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