Large Capitalization Correlations

Mutual Funds . USA . 
Fund . Large Capitalization Growth
SLGYX Fund  USD 21.06  0.07  0.33%   
The current 90-days correlation between Large Capitalization and Franklin Biotechnology Discovery is 0.13 (i.e., Average diversification). The correlation of Large Capitalization 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.

Large Capitalization Correlation With Market

Poor diversification

The correlation between Large Capitalization Growth and DJI is 0.71 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Large Capitalization Growth 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 Large Capitalization Growth. 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 private.

Moving together with Large Mutual Fund

  0.93SABAX Salient Alternative BetaPairCorr
  0.93SABIX Aggressive BalancedPairCorr
  0.93SABCX Salient Alternative BetaPairCorr
  0.94SAMAX Moderately AggressivePairCorr
  0.94SAMCX Salient Mlp FundPairCorr
  0.93SAMIX Moderately AggressivePairCorr
  0.84SSCCX Saratoga Small CapitPairCorr
  0.82SSCPX Small CapitalizationPairCorr
  0.84SSCYX Small CapitalizationPairCorr
  0.94SBCCX Moderately ServativePairCorr
  0.68SBHIX Health BiotchnologyPairCorr
  0.94SBMCX Moderate BalancedPairCorr
  0.94SBMIX Moderate BalancedPairCorr
  0.96STPAX Technology CommunicationsPairCorr
  0.95STPCX Technology CommunicationsPairCorr
  0.95STPIX Technology CommunicationsPairCorr
  0.94SCAAX Conservative BalancedPairCorr
  0.94SUMCX Conservative BalancedPairCorr
  0.73SHPAX Health BiotchnologyPairCorr
  0.8SHPCX Health BiotchnologyPairCorr
  0.9SLCVX Large Cap ValuePairCorr
  0.92SLVCX Large Cap ValuePairCorr
  0.91SLVYX Large Cap ValuePairCorr
  0.94SMACX Moderately ConservativePairCorr
  0.94SMICX Moderately ConservativePairCorr
  0.88SMIPX Mid CapitalizationPairCorr
  0.94SMPAX Moderate BalancedPairCorr
  0.94LUNAX Conservative BalancedPairCorr
  0.92SPMAX Mid CapitalizationPairCorr

Moving against Large Mutual Fund

  0.94SLGCX Large CapitalizationPairCorr
  0.93SPMCX Mid CapitalizationPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Large Mutual Fund performing well and Large Capitalization 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 Large Capitalization'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.

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