Versus Capital Correlations
| VCMIX Fund | USD 24.50 0.03 0.12% |
The current 90-days correlation between Versus Capital Multi and Lord Abbett Intermediate is -0.02 (i.e., Good diversification). The correlation of Versus Capital 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.
Versus Capital Correlation With Market
Weak diversification
The correlation between Versus Capital Multi Manager 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 Versus Capital Multi Manager and DJI in the same portfolio, assuming nothing else is changed.
Versus |
Moving together with Versus Mutual Fund
| 0.97 | BRUFX | Bruce Fund Bruce | PairCorr |
| 0.62 | SPGSX | State Street Premier | PairCorr |
| 0.61 | MRSIX | Mfs Research Interna | PairCorr |
| 0.71 | AA | Alcoa Corp | PairCorr |
| 0.72 | DIS | Walt Disney | PairCorr |
| 0.68 | XOM | Exxon Mobil Corp Aggressive Push | PairCorr |
| 0.9 | DD | Dupont De Nemours | PairCorr |
| 0.66 | HD | Home Depot Earnings Call Today | PairCorr |
| 0.87 | PG | Procter Gamble | PairCorr |
| 0.76 | TRV | The Travelers Companies | PairCorr |
Moving against Versus Mutual Fund
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Versus Mutual Fund performing well and Versus Capital 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 Versus Capital'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LOISX | 0.14 | 0.00 | 0.03 | (0.46) | 0.15 | 0.29 | 1.27 | |||
| FITSX | 0.25 | 0.01 | 0.05 | 0.17 | 0.26 | 0.57 | 1.60 | |||
| CGTCX | 0.24 | 0.01 | 0.06 | 0.17 | 0.24 | 0.60 | 1.64 | |||
| PRRXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| USGFX | 0.24 | 0.02 | 0.07 | 0.26 | 0.22 | 0.59 | 1.62 | |||
| FCSCX | 0.06 | 0.01 | 0.12 | 1.89 | 0.00 | 0.13 | 0.67 | |||
| ATOAX | 0.02 | 0.00 | 0.00 | (0.34) | 0.00 | 0.00 | 0.30 | |||
| RGVAX | 0.24 | 0.02 | 0.06 | 0.20 | 0.24 | 0.60 | 1.72 |