Vaughan Nelson Correlations

VNVYX Fund

USD 29.46 0.30 1.03%

The current 90-days correlation between Vaughan Nelson Value and Qs Growth Fund is 0.01 (i.e., Significant diversification). The correlation of Vaughan Nelson 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.

Vaughan Nelson Correlation With Market

Very poor diversification

The correlation between Vaughan Nelson Value and DJI is 0.87 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vaughan Nelson Value 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 Vaughan Nelson Value. 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 manufacturing.

Moving together with Vaughan Mutual Fund

0.97	NOANX	Natixis Oakmark	Pair Corr
0.99	GCPAX	Gateway Equity Call	Pair Corr
0.99	GCPCX	Gateway Equity Call	Pair Corr
0.99	GCPNX	Gateway Equity Call	Pair Corr
0.99	GCPYX	Gateway Equity Call	Pair Corr
0.8	LGMAX	Loomis Sayles Global	Pair Corr
0.78	LGMCX	Loomis Sayles Global	Pair Corr
0.8	LGMNX	Loomis Sayles Global	Pair Corr
0.98	LGRCX	Loomis Sayles Growth	Pair Corr
0.98	LGRNX	Loomis Sayles Growth	Pair Corr
0.98	LGRRX	Loomis Sayles Growth	Pair Corr
0.95	VNSYX	Vaughan Nelson Select	Pair Corr
0.94	VNSCX	Vaughan Nelson Select	Pair Corr
0.95	VNSAX	Vaughan Nelson Select	Pair Corr
0.95	VNSNX	Vaughan Nelson Select	Pair Corr
1.0	VNVCX	Vaughan Nelson Value	Pair Corr
1.0	VNVAX	Vaughan Nelson Value	Pair Corr
1.0	VNVNX	Vaughan Nelson Value	Pair Corr
0.61	LIGCX	Loomis Sayles Intern	Pair Corr
0.63	LIGGX	Loomis Sayles Intern	Pair Corr
0.63	LIGNX	Loomis Sayles Intern	Pair Corr
0.63	LIGYX	Loomis Sayles Intern	Pair Corr
0.94	NSFLX	Natixis Sustainable	Pair Corr
0.89	NSFKX	Natixis Sustainable	Pair Corr
0.89	NSFJX	Natixis Sustainable	Pair Corr

Moving against Vaughan Mutual Fund

0.74	LGBCX	Loomis Sayles Investment	Pair Corr
0.71	LGBNX	Loomis Sayles Investment	Pair Corr
0.54	LGANX	Loomis Sayles Limited	Pair Corr
0.53	AMFAX	Asg Managed Futures	Pair Corr
0.52	AMFNX	Asg Managed Futures	Pair Corr
0.44	NOICX	Natixis Oakmark Inte	Pair Corr
0.42	NOIAX	Natixis Oakmark Inte	Pair Corr
0.38	NOIYX	Natixis Oakmark Intl	Pair Corr
0.73	LIGAX	Loomis Sayles Investment	Pair Corr
0.72	LIGRX	Loomis Sayles Investment	Pair Corr
0.31	NRFAX	Aew Real Estate	Pair Corr
0.31	NRFYX	Aew Real Estate	Pair Corr
0.75	NECRX	Loomis Sayles E	Pair Corr
0.55	ASFCX	Asg Managed Futures	Pair Corr

Related Correlations Analysis

	LANIX	BOSVX	TWBIX	DTICX	FMFTX	USCAX	VOLMX	LIGFX
LANIX		0.79	0.88	-0.06	0.72	0.88	0.91	0.8	LANIX
BOSVX	0.79		0.64	-0.15	0.55	0.88	0.86	0.77	BOSVX
TWBIX	0.88	0.64		0.19	0.74	0.78	0.69	0.84	TWBIX
DTICX	-0.06	-0.15	0.19		0.15	-0.12	-0.1	0.33	DTICX
FMFTX	0.72	0.55	0.74	0.15		0.53	0.66	0.79	FMFTX
USCAX	0.88	0.88	0.78	-0.12	0.53		0.81	0.74	USCAX
VOLMX	0.91	0.86	0.69	-0.1	0.66	0.81		0.8	VOLMX
LIGFX	0.8	0.77	0.84	0.33	0.79	0.74	0.8		LIGFX
	LANIX	BOSVX	TWBIX	DTICX	FMFTX	USCAX	VOLMX	LIGFX

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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

VOLMX	+ 0.91	LANIX
TWBIX	+ 0.88	LANIX
USCAX	+ 0.88	LANIX
USCAX	+ 0.88	BOSVX
VOLMX	+ 0.86	BOSVX
LIGFX	+ 0.84	TWBIX

High negative correlations

DTICX	- 0.15	BOSVX
USCAX	- 0.12	DTICX
VOLMX	- 0.1	DTICX
DTICX	- 0.06	LANIX

Risk-Adjusted Indicators

There is a big difference between Vaughan Mutual Fund performing well and Vaughan Nelson 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 Vaughan Nelson'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
LANIX	0.52	0.06	(0.06)	(4.41)	0.57	(0.55)	1.22	(0.87)	3.14
BOSVX	0.98	(0.04)	0.02	0.07	0.86	(1.16)	2.15	(1.62)	8.98
TWBIX	0.37	0.02	(0.16)	(1.03)	0.47	(0.39)	0.78	(0.92)	2.38
DTICX	0.08	0.00	(0.65)	(0.86)	0.05	(0.14)	0.13	(0.13)	0.64
FMFTX	0.77	(0.04)	(0.04)	0.06	0.87	(0.84)	1.90	(1.47)	5.17
USCAX	0.93	0.08	(0.01)	0.98	0.94	(1.12)	2.26	(1.70)	7.45
VOLMX	0.60	0.00	0.00	0.10	0.60	(0.71)	1.14	(1.35)	4.49
LIGFX	0.25	(0.01)	(0.26)	0.06	0.23	(0.29)	0.62	(0.50)	1.31

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