Intermediate-term Correlations

Intermediate-term Correlation With Market

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Intermediate Term Bond Fund. 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 bureau of labor statistics.

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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    OGMCX + 0.99 SGDLX OGMCX + 0.92 XGGNX XGGNX + 0.88 SGDLX VGSBX + 0.65 XGGNX VGSBX + 0.6 OGMCX VGSBX + 0.58 SGDLX

High negative correlations    OGMCX - 0.99 SPPIX SPPIX - 0.99 SGDLX SPPIX - 0.91 XGGNX VGSBX - 0.57 SPPIX GDUSX - 0.35 OGMCX GDUSX - 0.35 SGDLX

Risk-Adjusted Indicators

There is a big difference between Intermediate-term Mutual Fund performing well and Intermediate-term 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 Intermediate-term'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.