Wcm Focused Correlations
| WCFOX Fund | USD 9.95 0.01 0.10% |
The current 90-days correlation between Wcm Focused International and Touchstone Small Cap is 0.57 (i.e., Very weak diversification). The correlation of Wcm Focused 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.
Wcm Focused Correlation With Market
Modest diversification
The correlation between Wcm Focused International and DJI is 0.28 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Wcm Focused International and DJI in the same portfolio, assuming nothing else is changed.
Wcm |
Moving together with Wcm Mutual Fund
| 1.0 | WCMOX | Wcm Focused International | PairCorr |
| 0.85 | WCMSX | Wcm International Small | PairCorr |
| 0.85 | WCMGX | Wcm Focused Global | PairCorr |
| 0.84 | WFGGX | Wcm Focused Global | PairCorr |
| 0.82 | VTSAX | Vanguard Total Stock | PairCorr |
| 0.8 | VFIAX | Vanguard 500 Index | PairCorr |
| 0.82 | VTSMX | Vanguard Total Stock | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Wcm Mutual Fund performing well and Wcm Focused 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 Wcm Focused'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TVOYX | 0.81 | 0.02 | 0.01 | 0.06 | 0.96 | 1.56 | 9.38 | |||
| HSCVX | 0.72 | (0.01) | (0.02) | 0.00 | 0.88 | 1.47 | 8.08 | |||
| SCYVX | 0.91 | (0.02) | (0.02) | (0.01) | 1.22 | 1.73 | 9.85 | |||
| PSBMX | 0.86 | (0.01) | (0.01) | 0.00 | 1.22 | 1.48 | 9.63 | |||
| KSCYX | 1.64 | 0.25 | 0.09 | 0.28 | 2.34 | 3.29 | 16.43 | |||
| MMSCX | 0.86 | 0.03 | 0.01 | 0.13 | 1.10 | 1.68 | 10.01 | |||
| FCSGX | 0.87 | 0.07 | 0.05 | 0.19 | 1.08 | 1.70 | 9.09 | |||
| QUAZX | 1.00 | 0.03 | 0.01 | 0.06 | 1.35 | 1.93 | 9.06 |