Timothy Plan Correlations

TPICX Fund

USD 12.32 0.04 0.33%

The current 90-days correlation between Timothy Plan Interna and Legg Mason Partners is 0.75 (i.e., 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Timothy Plan Correlation With Market

Very weak diversification

The correlation between Timothy Plan International and DJI is 0.53 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Timothy Plan International 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 International. 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 main economic indicators.

Moving together with Timothy Mutual Fund

1.0	TPIAX	Timothy Plan Interna	Pair Corr
1.0	TPIIX	Timothy Plan Interna	Pair Corr
0.98	VGTSX	Vanguard Total Inter	Pair Corr
0.98	VTIAX	Vanguard Total Inter	Pair Corr
0.97	VTSNX	Vanguard Total Inter	Pair Corr
0.97	VTPSX	Vanguard Total Inter	Pair Corr
0.97	VTISX	Vanguard Total Inter	Pair Corr
0.96	VTMGX	Vanguard Developed	Pair Corr

Moving against Timothy Mutual Fund

0.61	TICIX	Timothy Israel Mon	Pair Corr
0.61	TPAIX	Timothy Israel Mon	Pair Corr
0.61	TPCIX	Timothy Israel Mon	Pair Corr
0.33	VSTSX	Vanguard Total Stock	Pair Corr
0.33	VSMPX	Vanguard Total Stock	Pair Corr
0.33	VITSX	Vanguard Total Stock	Pair Corr
0.33	VTSAX	Vanguard Total Stock	Pair Corr

Related Correlations Analysis

	QLMABX	WAHSX	ARCNX	AGDAX	NEAIX	MWHIX	PARCX
QLMABX		0.78	0.67	0.8	0.79	0.4	0.93	QLMABX
WAHSX	0.78		0.68	0.99	0.46	0.81	0.75	WAHSX
ARCNX	0.67	0.68		0.66	0.49	0.5	0.73	ARCNX
AGDAX	0.8	0.99	0.66		0.51	0.83	0.77	AGDAX
NEAIX	0.79	0.46	0.49	0.51		0.25	0.89	NEAIX
MWHIX	0.4	0.81	0.5	0.83	0.25		0.51	MWHIX
PARCX	0.93	0.75	0.73	0.77	0.89	0.51		PARCX
	QLMABX	WAHSX	ARCNX	AGDAX	NEAIX	MWHIX	PARCX

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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
QLMABX	0.48	(0.01)	(0.06)	0.10	0.58	(0.50)	0.95	(1.07)	3.04
WAHSX	0.13	0.02	(0.49)	0.49	0.00	(0.25)	0.43	(0.14)	0.86
ARCNX	0.65	0.04	(0.08)	(1.16)	0.89	(0.62)	1.51	(1.37)	3.74
AGDAX	0.12	0.02	(0.44)	0.48	0.00	(0.25)	0.29	(0.28)	0.87
NEAIX	1.07	(0.12)	(0.05)	0.03	1.32	(1.13)	2.19	(2.27)	6.71
MWHIX	0.10	0.01	(0.69)	1.63	0.00	(0.19)	0.22	(0.21)	0.65
PARCX	0.34	(0.03)	(0.17)	0.05	0.43	(0.36)	0.66	(0.76)	2.10

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