Wcm Focused Correlations

WCMOX Fund

USD 10.41 0.16 1.56%

The current 90-days correlation between Wcm Focused International and Fidelity Advisor Technology is 0.64 (i.e., Poor 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

Weak diversification

The correlation between Wcm Focused International and DJI is 0.33 (i.e., Weak 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.

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wcm Focused International. 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 persons.

Moving together with Wcm Mutual Fund

1.0	WCFOX	Wcm Focused International	Pair Corr
0.7	WCMVX	Wcm Focused International	Pair Corr
0.91	WCMSX	Wcm International Small	Pair Corr
0.81	WCMGX	Wcm Focused Global	Pair Corr
0.71	WFGGX	Wcm Focused Global	Pair Corr
0.75	FSMMX	Fs Multi Strategy	Pair Corr

Moving against Wcm Mutual Fund

0.4

FMFFX

Fs Managed Futures

Pair Corr

Related Correlations Analysis

	FIKHX	TEFQX	TOWTX	GISTX	BSTSX	BGSIX
FIKHX		0.54	0.32	0.52	0.67	0.66	FIKHX
TEFQX	0.54		0.67	0.92	0.68	0.71	TEFQX
TOWTX	0.32	0.67		0.66	0.55	0.57	TOWTX
GISTX	0.52	0.92	0.66		0.76	0.8	GISTX
BSTSX	0.67	0.68	0.55	0.76		1.0	BSTSX
BGSIX	0.66	0.71	0.57	0.8	1.0		BGSIX
	FIKHX	TEFQX	TOWTX	GISTX	BSTSX	BGSIX

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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
FIKHX	1.27	(0.10)	0.00	(0.14)	0.00	0.00	2.12	(3.00)	9.58
TEFQX	1.36	0.11	0.04	0.28	1.81	(1.42)	2.95	(3.10)	8.29
TOWTX	0.65	0.03	(0.03)	0.21	1.06	(0.68)	1.27	(1.69)	5.74
GISTX	1.12	0.09	0.02	0.34	1.62	(1.10)	2.26	(2.89)	7.34
BSTSX	1.26	(0.01)	(0.03)	0.06	2.06	(1.22)	2.40	(3.58)	9.07
BGSIX	1.25	(0.01)	(0.03)	0.07	2.03	(1.22)	2.40	(3.58)	9.08

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