Timothy Plan Correlations

TIGIX Fund

USD 11.11 0.08 0.73%

The correlation of Timothy Plan 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.

Timothy Plan Correlation With Market

Poor diversification

The correlation between Timothy Plan 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 Timothy Plan 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 Timothy Plan 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 gross domestic product.

Moving together with Timothy Mutual Fund

0.99	TGCIX	Timothy Plan Growth	Pair Corr
1.0	TGIAX	Timothy Plan Growth	Pair Corr
0.65	TLVAX	Timothy Large/mid-cap	Pair Corr
0.65	TMVIX	Timothy Large/mid-cap	Pair Corr
0.78	TPHCX	Timothy Plan High	Pair Corr
0.75	TPHAX	Timothy Plan High	Pair Corr
0.73	TPHIX	Timothy Plan High	Pair Corr
0.61	TPLNX	Timothy Small Cap	Pair Corr
0.61	TPVIX	Timothy Small Cap	Pair Corr
0.8	TSGCX	Timothy Strategic Growth	Pair Corr
0.8	TSGAX	Timothy Strategic Growth	Pair Corr
0.83	TCGAX	Timothy Servative Growth	Pair Corr
0.82	TCVCX	Timothy Servative Growth	Pair Corr
0.65	ABALX	American Balanced	Pair Corr
0.65	BALFX	American Balanced	Pair Corr
0.65	RLBCX	American Balanced	Pair Corr
0.66	RLBBX	American Balanced	Pair Corr
0.65	CLBEX	American Balanced	Pair Corr

Related Correlations Analysis

	AAVXF	SCRYY	444859BR2	AQUI	SCRYX	MSTSX	LBHIX	ABHYX	ID	SCAXF
AAVXF		0.0	0.0	-1.0	0.0	0.0	0.0	0.0	0.0	0.0	AAVXF
SCRYY	0.0		-0.44	0.0	0.44	0.47	0.5	0.31	0.45	-0.63	SCRYY
444859BR2	0.0	-0.44		0.0	-0.63	-0.62	-0.59	-0.09	-0.65	0.21	444859BR2
AQUI	-1.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	AQUI
SCRYX	0.0	0.44	-0.63	0.0		0.58	0.6	-0.03	0.62	-0.35	SCRYX
MSTSX	0.0	0.47	-0.62	0.0	0.58		0.72	0.4	0.4	0.03	MSTSX
LBHIX	0.0	0.5	-0.59	0.0	0.6	0.72		0.62	0.32	-0.21	LBHIX
ABHYX	0.0	0.31	-0.09	0.0	-0.03	0.4	0.62		-0.14	-0.01	ABHYX
ID	0.0	0.45	-0.65	0.0	0.62	0.4	0.32	-0.14		-0.44	ID
SCAXF	0.0	-0.63	0.21	0.0	-0.35	0.03	-0.21	-0.01	-0.44		SCAXF
	AAVXF	SCRYY	444859BR2	AQUI	SCRYX	MSTSX	LBHIX	ABHYX	ID	SCAXF

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

LBHIX	+ 0.72	MSTSX
ID	+ 0.62	SCRYX
ABHYX	+ 0.62	LBHIX
LBHIX	+ 0.6	SCRYX
MSTSX	+ 0.58	SCRYX
LBHIX	+ 0.5	SCRYY

High negative correlations

AQUI	- 1.0	AAVXF
ID	- 0.65	444859BR2
SCRYX	- 0.63	444859BR2
SCAXF	- 0.63	SCRYY
MSTSX	- 0.62	444859BR2
LBHIX	- 0.59	444859BR2

Risk-Adjusted Indicators

There is a big difference between Timothy Mutual Fund performing well and Timothy Plan 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 Timothy Plan'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
AAVXF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SCRYY	2.12	0.43	0.13	(1.15)	2.05	(2.81)	5.61	(4.09)	12.99
444859BR2	1.32	0.04	0.00	0.04	0.00	0.00	5.93	(4.60)	16.62
AQUI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SCRYX	0.97	0.09	0.01	0.99	0.96	(1.10)	2.39	(1.69)	7.88
MSTSX	0.49	(0.03)	(0.09)	0.05	0.52	(0.59)	1.21	(1.02)	2.80
LBHIX	0.11	0.00	(0.27)	0.00	0.00	(0.29)	0.24	(0.24)	0.96
ABHYX	0.16	0.00	(0.17)	0.11	0.26	(0.23)	0.34	(0.33)	1.91
ID	3.81	0.25	0.03	1.85	4.78	(4.93)	7.69	(7.69)	23.97
SCAXF	0.70	(0.40)	0.00	(1.01)	0.00	0.00	0.00	0.00	23.47

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

2024 Macroaxis LLC