Wasatch-hoisington Correlations

WHOSX Fund

USD 11.11 0.34 3.16%

The current 90-days correlation between Wasatch Hoisington and Zero Pon 2025 is 0.48 (i.e., Very weak diversification). The correlation of Wasatch-hoisington 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.

Wasatch-hoisington Correlation With Market

Very good diversification

The correlation between Wasatch Hoisington Treasury Fu and DJI is -0.21 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Wasatch Hoisington Treasury Fu 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 Wasatch Hoisington Treasury Fund. 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 Wasatch-hoisington Mutual Fund

0.69	WAIOX	Wasatch International	Pair Corr
0.65	WAINX	Wasatch Emerging India	Pair Corr
0.69	WIIOX	Wasatch International	Pair Corr
0.65	WIINX	Wasatch Emerging India	Pair Corr
1.0	FTLTX	Fidelity Series Long	Pair Corr
1.0	VLGSX	Vanguard Long Term	Pair Corr

Moving against Wasatch-hoisington Mutual Fund

0.85	WAUSX	Wasatch Select Investor	Pair Corr
0.78	WAAEX	Wasatch Small Cap	Pair Corr
0.78	WGMCX	Wasatch Ultra Growth	Pair Corr
0.78	WGROX	Wasatch E Growth	Pair Corr
0.78	WIAEX	Wasatch Small Cap	Pair Corr
0.77	WAMCX	Wasatch Ultra Growth	Pair Corr
0.74	WGICX	Wasatch Micro Cap	Pair Corr
0.73	WAMVX	Wasatch Micro Cap	Pair Corr
0.73	WGMVX	Wasatch Micro Cap	Pair Corr
0.7	WGGCX	Wasatch Greater China	Pair Corr
0.65	WAGCX	Wasatch Greater China	Pair Corr
0.65	WICVX	Wasatch Small Cap	Pair Corr
0.56	WAGOX	Wasatch Global Oppor	Pair Corr
0.53	WALSX	Wasatch Longshort Alpha	Pair Corr
0.53	WGLSX	Wells Fargo Advantage	Pair Corr
0.52	WGGSX	Wasatch Global Select	Pair Corr
0.51	WAGSX	Wasatch Global Select	Pair Corr
0.78	WIGRX	Wasatch E Growth	Pair Corr
0.74	WMICX	Wasatch Micro Cap	Pair Corr
0.65	WMCVX	Wasatch Small Cap	Pair Corr
0.56	WIGOX	Wasatch Global Oppor	Pair Corr

Related Correlations Analysis

	BTTRX	WAGTX	WMCVX	WAIGX	WMICX
BTTRX		0.28	0.35	0.13	0.3	BTTRX
WAGTX	0.28		-0.11	0.9	-0.2	WAGTX
WMCVX	0.35	-0.11		-0.27	0.96	WMCVX
WAIGX	0.13	0.9	-0.27		-0.31	WAIGX
WMICX	0.3	-0.2	0.96	-0.31		WMICX
	BTTRX	WAGTX	WMCVX	WAIGX	WMICX

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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

WMICX	+ 0.96	WMCVX
WAIGX	+ 0.9	WAGTX
WMCVX	+ 0.35	BTTRX
WMICX	+ 0.3	BTTRX
WAGTX	+ 0.28	BTTRX
WAIGX	+ 0.13	BTTRX

High negative correlations

WMICX	- 0.31	WAIGX
WAIGX	- 0.27	WMCVX
WMICX	- 0.2	WAGTX
WMCVX	- 0.11	WAGTX

Risk-Adjusted Indicators

There is a big difference between Wasatch-hoisington Mutual Fund performing well and Wasatch-hoisington 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 Wasatch-hoisington'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
BTTRX	0.04	0.00	(2.25)	(0.01)	0.00	(0.05)	0.09	(0.05)	0.30
WAGTX	0.49	(0.04)	0.00	(0.11)	0.00	0.00	0.72	(1.23)	3.66
WMCVX	0.90	(0.05)	0.01	0.09	0.87	(1.01)	1.99	(1.49)	7.94
WAIGX	0.71	(0.11)	0.00	(0.07)	0.00	0.00	1.53	(1.33)	4.11
WMICX	1.07	(0.05)	0.01	0.09	1.15	(1.18)	2.08	(1.98)	7.89

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