Tglix Correlations

TGLIX Fund

USD 128.61 0.00 0.00%

The correlation of Tglix 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.

Check out World Market Map to better understand how to build diversified portfolios. 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 Tglix Mutual Fund

0.67	AA	Alcoa Corp	Pair Corr
0.63	MRK	Merck Company	Pair Corr
0.61	JPM	JPMorgan Chase Earnings Call This Week	Pair Corr

Moving against Tglix Mutual Fund

0.43	PG	Procter Gamble	Pair Corr
0.42	MSFT	Microsoft	Pair Corr
0.4	HPQ	HP Inc	Pair Corr

Related Correlations Analysis

	SCYVX	MMSCX	LMBMX	SECAX	DFUKX	PASVX
SCYVX		0.87	0.91	0.88	0.86	0.93	SCYVX
MMSCX	0.87		0.94	0.92	0.83	0.9	MMSCX
LMBMX	0.91	0.94		0.95	0.81	0.93	LMBMX
SECAX	0.88	0.92	0.95		0.82	0.91	SECAX
DFUKX	0.86	0.83	0.81	0.82		0.74	DFUKX
PASVX	0.93	0.9	0.93	0.91	0.74		PASVX
	SCYVX	MMSCX	LMBMX	SECAX	DFUKX	PASVX

Risk-Adjusted Indicators

There is a big difference between Tglix Mutual Fund performing well and Tglix 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 Tglix'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
SCYVX	0.80	(0.01)	0.00	0.07	1.06	(0.86)	2.27	(1.91)	4.47
MMSCX	0.98	0.17	0.08	2.51	0.94	(1.09)	1.95	(1.77)	10.10
LMBMX	1.01	0.07	0.07	0.14	1.03	(1.11)	2.19	(1.85)	6.62
SECAX	1.08	0.12	0.11	0.16	0.99	(1.20)	2.40	(1.72)	10.96
DFUKX	0.64	0.00	(0.03)	0.08	0.65	(0.71)	1.55	(1.08)	3.79
PASVX	0.97	0.12	0.15	0.15	0.81	(1.09)	1.80	(1.84)	13.89

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

Tglix Correlations

Moving together with Tglix Mutual Fund

Moving against Tglix Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY