Vulcan Value Correlations

VVPSX Fund

USD 12.31 0.17 1.40%

The current 90-days correlation between Vulcan Value Partners and Precious Metals And is 0.12 (i.e., Average diversification). The correlation of Vulcan Value 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.

Vulcan Value Correlation With Market

Very weak diversification

The correlation between Vulcan Value Partners and DJI is 0.41 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vulcan Value Partners 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 Vulcan Value Partners. 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 state.

Moving together with Vulcan Mutual Fund

0.95	VVISX	Vulcan Value Partners	Pair Corr
0.66	FSSNX	Fidelity Small Cap	Pair Corr
0.62	DFSTX	Us Small Cap	Pair Corr
0.82	PASVX	T Rowe Price	Pair Corr
0.83	PRVIX	T Rowe Price	Pair Corr
0.83	TRZVX	T Rowe Price	Pair Corr
0.83	PRSVX	T Rowe Price	Pair Corr
0.66	XDSMX	Dreyfus Strategic	Pair Corr
0.71	XNXJX	Nuveen New Jersey	Pair Corr
0.75	NXJ	Nuveen New Jersey	Pair Corr
0.77	XNBHX	Neuberger Berman Int	Pair Corr
0.67	JIYBX	Jpmorgan Smartretirement*	Pair Corr
0.63	RVPIX	Royce Smaller Companies	Pair Corr

Moving against Vulcan Mutual Fund

0.53	XNKGX	Nuveen Georgia Quality	Pair Corr
0.57	ESBLX	Eaton Vance Floating	Pair Corr
0.47	CUBA	Herzfeld Caribbean Basin	Pair Corr
0.39	NRABX	Neuberger Berman Absolute	Pair Corr
0.34	BLDAX	Blackrock Low Duration	Pair Corr
0.33	KCLIX	Knights Of Columbus	Pair Corr
0.31	HGOFX	Hartford Growth	Pair Corr
0.8	TTP	Tortoise Pipeline And	Pair Corr
0.69	QMHNX	Aqr Managed Futures	Pair Corr

Related Correlations Analysis

	UIPMX	IIGCX	IOGYX	EPGIX	GZIRX	MXKJX	QGLDX	FRGOX
UIPMX		0.99	0.98	0.94	-0.2	-0.32	0.78	0.99	UIPMX
IIGCX	0.99		0.98	0.94	-0.18	-0.33	0.8	0.99	IIGCX
IOGYX	0.98	0.98		0.96	-0.23	-0.27	0.72	0.97	IOGYX
EPGIX	0.94	0.94	0.96		-0.43	-0.23	0.59	0.94	EPGIX
GZIRX	-0.2	-0.18	-0.23	-0.43		0.09	0.23	-0.22	GZIRX
MXKJX	-0.32	-0.33	-0.27	-0.23	0.09		-0.38	-0.35	MXKJX
QGLDX	0.78	0.8	0.72	0.59	0.23	-0.38		0.8	QGLDX
FRGOX	0.99	0.99	0.97	0.94	-0.22	-0.35	0.8		FRGOX
	UIPMX	IIGCX	IOGYX	EPGIX	GZIRX	MXKJX	QGLDX	FRGOX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

IIGCX	+ 0.99	UIPMX
FRGOX	+ 0.99	UIPMX
FRGOX	+ 0.99	IIGCX
IOGYX	+ 0.98	UIPMX
IOGYX	+ 0.98	IIGCX
FRGOX	+ 0.97	IOGYX

High negative correlations

GZIRX	- 0.43	EPGIX
QGLDX	- 0.38	MXKJX
FRGOX	- 0.35	MXKJX
MXKJX	- 0.33	IIGCX
MXKJX	- 0.32	UIPMX
MXKJX	- 0.27	IOGYX

Risk-Adjusted Indicators

There is a big difference between Vulcan Mutual Fund performing well and Vulcan Value 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 Vulcan Value'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
UIPMX	1.33	(0.11)	0.00	(0.22)	0.00	0.00	2.57	(3.27)	7.60
IIGCX	1.31	(0.10)	0.00	(0.26)	0.00	0.00	2.68	(3.04)	8.36
IOGYX	1.32	(0.13)	0.00	(0.26)	0.00	0.00	2.61	(2.81)	8.99
EPGIX	1.46	(0.16)	0.00	(0.59)	0.00	0.00	3.24	(3.12)	8.68
GZIRX	0.12	0.02	(0.34)	0.72	0.00	(0.17)	0.22	(0.22)	0.75
MXKJX	0.95	0.02	(0.02)	0.20	2.42	(1.09)	1.42	(1.64)	26.05
QGLDX	0.85	0.03	(0.04)	0.52	1.27	(0.78)	1.40	(1.99)	4.89
FRGOX	1.32	(0.14)	0.00	(0.35)	0.00	0.00	2.59	(2.73)	8.02

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC