Timothy Plan Correlations

Etfs . USA . 
Etf . Timothy Plan International
TPIF Etf  USD 27.73  0.07  0.25%   
The current 90-days correlation between Timothy Plan Interna and Timothy Plan LargeMid is 0.65 (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.

Timothy Plan Correlation With Market

Weak diversification

The correlation between Timothy Plan International and DJI is 0.38 (i.e., 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 etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Timothy Etf

  0.95VEA Vanguard FTSE DevelopedPairCorr
  0.93IEFA iShares Core MSCIPairCorr
  0.98VEU Vanguard FTSE AllPairCorr
  0.92EFA iShares MSCI EAFEPairCorr
  0.98IXUS iShares Core MSCIPairCorr
  0.94SPDW SPDR SP WorldPairCorr
  0.93IDEV iShares Core MSCIPairCorr
  0.93ESGD iShares ESG AwarePairCorr
  0.92JIRE JP Morgan ExchangePairCorr
  0.98DFAX Dimensional WorldPairCorr
  0.61KO Coca Cola Fiscal Year End 11th of February 2025 PairCorr
  0.71JNJ Johnson JohnsonPairCorr
  0.61DD Dupont De NemoursPairCorr

Related Correlations Analysis

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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.

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