Timothy Plan Correlations

TPHD Etf

USD 39.46 0.18 0.46%

The current 90-days correlation between Timothy Plan High and Timothy Plan LargeMid is 0.86 (i.e., Very poor diversification). 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.

Timothy Plan Correlation With Market

Poor diversification

The correlation between Timothy Plan High and DJI is 0.79 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Timothy Plan High 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 High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate.

Moving together with Timothy Etf

0.97	VOE	Vanguard Mid Cap	Pair Corr
0.75	SDY	SPDR SP Dividend	Pair Corr
0.97	IWS	iShares Russell Mid	Pair Corr
0.94	COWZ	Pacer Cash Cows Low Volatility	Pair Corr
0.93	IJJ	iShares SP Mid	Pair Corr
0.96	DON	WisdomTree MidCap	Pair Corr
0.93	MDYV	SPDR SP 400	Pair Corr
0.9	PEY	Invesco High Yield	Pair Corr
0.98	ONEY	SPDR Russell 1000	Pair Corr
0.93	IVOV	Vanguard SP Mid	Pair Corr
0.83	DIG	ProShares Ultra Oil	Pair Corr
0.74	MLPR	ETRACS Quarterly Pay	Pair Corr
0.73	USD	ProShares Ultra Semi	Pair Corr
0.76	YCS	ProShares UltraShort Yen	Pair Corr
0.75	TBT	ProShares UltraShort Downward Rally	Pair Corr
0.88	ATMP	Barclays ETN Select	Pair Corr
0.81	AMZA	InfraCap MLP ETF	Pair Corr
0.81	BAC	Bank of America Aggressive Push	Pair Corr
0.71	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.87	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.89	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.71	T	ATT Inc Sell-off Trend	Pair Corr
0.86	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.81	DIS	Walt Disney Aggressive Push	Pair Corr
0.95	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr

Moving against Timothy Etf

0.68	NRGU	Bank Of Montreal	Pair Corr
0.73	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.71	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.63	KO	Coca Cola Aggressive Push	Pair Corr
0.6	PFE	Pfizer Inc Aggressive Push	Pair Corr

Related Correlations Analysis

	TPLC	TPSC	TPIF	TPHE	TPLE
TPLC		0.91	-0.36	0.98	1.0	TPLC
TPSC	0.91		-0.53	0.89	0.91	TPSC
TPIF	-0.36	-0.53		-0.38	-0.35	TPIF
TPHE	0.98	0.89	-0.38		0.98	TPHE
TPLE	1.0	0.91	-0.35	0.98		TPLE
	TPLC	TPSC	TPIF	TPHE	TPLE

Click cells to compare fundamentals

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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

TPLE	+ 1.0	TPLC
TPHE	+ 0.98	TPLC
TPLE	+ 0.98	TPHE
TPSC	+ 0.91	TPLC
TPLE	+ 0.91	TPSC
TPHE	+ 0.89	TPSC

High negative correlations

TPIF	- 0.53	TPSC
TPHE	- 0.38	TPIF
TPIF	- 0.36	TPLC
TPLE	- 0.35	TPIF

Timothy Plan Constituents Risk-Adjusted Indicators

There is a big difference between Timothy Etf performing well and Timothy Plan ETF 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
TPLC	0.58	0.01	(0.01)	0.13	0.54	(0.66)	1.23	(1.02)	3.87
TPSC	0.90	0.00	0.07	0.12	0.71	(1.07)	2.00	(1.31)	7.51
TPIF	0.59	(0.10)	0.00	(0.11)	0.00	0.00	1.57	(1.44)	3.37
TPHE	0.53	0.02	(0.01)	0.15	0.39	(0.62)	1.01	(0.87)	3.72
TPLE	0.58	0.01	0.00	0.13	0.52	(0.64)	1.29	(0.96)	3.91

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