Tarkio Fund Correlations

TARKX Fund

USD 31.29 0.47 1.52%

The current 90-days correlation between Tarkio Fund Tarkio and Ultramid Cap Profund Ultramid Cap is 0.28 (i.e., Modest diversification). The correlation of Tarkio Fund 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.

Tarkio Fund Correlation With Market

Modest diversification

The correlation between Tarkio Fund Tarkio and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tarkio Fund Tarkio 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 Tarkio Fund Tarkio. 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 industry.

Moving together with Tarkio Mutual Fund

0.62	VIMAX	Vanguard Mid Cap	Pair Corr
0.65	VIMSX	Vanguard Mid Cap	Pair Corr
0.69	VMCPX	Vanguard Mid Cap	Pair Corr
0.65	VMCIX	Vanguard Mid Cap	Pair Corr
0.61	IHIFX	Ivy High Income	Pair Corr
0.74	CSJZX	Cohen Steers Realty	Pair Corr
0.76	CSRSX	Cohen Steers Realty	Pair Corr
0.72	FSMDX	Fidelity Mid Cap	Pair Corr
0.65	VHYAX	Vanguard High Dividend	Pair Corr

Moving against Tarkio Mutual Fund

0.61	DHEIX	Diamond Hill Short	Pair Corr
0.35	DBPIX	Deutsche Short Duration	Pair Corr
0.33	UGSDX	Us Government Securities	Pair Corr
0.58	VUBFX	Vanguard Ultra-short-term	Pair Corr
0.46	WSHNX	Short Duration Income	Pair Corr

Related Correlations Analysis

	UMPSX	RYLDX	RYCYX	RMBNX	RMBKX
UMPSX		0.91	0.95	0.9	0.9	UMPSX
RYLDX	0.91		0.98	0.81	0.8	RYLDX
RYCYX	0.95	0.98		0.88	0.87	RYCYX
RMBNX	0.9	0.81	0.88		1.0	RMBNX
RMBKX	0.9	0.8	0.87	1.0		RMBKX
	UMPSX	RYLDX	RYCYX	RMBNX	RMBKX

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Risk-Adjusted Indicators

There is a big difference between Tarkio Mutual Fund performing well and Tarkio Fund 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 Tarkio Fund'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
UMPSX	1.44	0.01	0.01	0.05	1.95	(1.49)	3.22	(2.41)	15.99
RYLDX	1.30	0.10	0.06	0.19	1.48	(1.52)	2.30	(1.97)	12.35
RYCYX	1.27	(0.01)	(0.01)	0.03	1.56	(1.47)	2.29	(1.97)	12.34
RMBNX	1.18	(0.01)	(0.02)	0.02	1.45	(1.36)	2.60	(2.31)	15.67
RMBKX	1.18	(0.01)	(0.02)	0.03	1.43	(1.37)	2.57	(2.32)	15.64

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