Wilshire International Correlations

WLCTX Fund

USD 10.48 0.05 0.48%

The current 90-days correlation between Wilshire International and Large Pany Value is 0.77 (i.e., Poor diversification). The correlation of Wilshire International 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.

Wilshire International Correlation With Market

Modest diversification

The correlation between Wilshire International Equity and DJI is 0.22 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Wilshire International Equity 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 Wilshire International Equity. 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 estimate.

Moving together with Wilshire Mutual Fund

0.87	WSMVX	Small Pany Value	Pair Corr
0.8	WLCGX	Large Pany Growth	Pair Corr
0.87	WLCVX	Large Pany Value	Pair Corr
0.87	DTLGX	Wilshire Large	Pair Corr
0.87	DTLVX	Large Pany Value	Pair Corr
0.87	DTSVX	Small Pany Value	Pair Corr
0.94	WLTTX	Wilshire International	Pair Corr

Moving against Wilshire Mutual Fund

0.54	SBHPX	Segall Bryant Hamill	Pair Corr
0.33	FSPGX	Fidelity Large Cap	Pair Corr

Related Correlations Analysis

	DTLVX	DTLGX	DTSGX	DTSVX	WLTTX
DTLVX		0.94	0.6	0.98	0.86	DTLVX
DTLGX	0.94		0.67	0.95	0.82	DTLGX
DTSGX	0.6	0.67		0.71	0.43	DTSGX
DTSVX	0.98	0.95	0.71		0.83	DTSVX
WLTTX	0.86	0.82	0.43	0.83		WLTTX
	DTLVX	DTLGX	DTSGX	DTSVX	WLTTX

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Risk-Adjusted Indicators

There is a big difference between Wilshire Mutual Fund performing well and Wilshire International 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 Wilshire International'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
DTLVX	0.66	(0.09)	0.00	(0.18)	0.00	0.00	1.15	(0.94)	9.84
DTLGX	1.08	(0.03)	0.00	(0.03)	0.00	0.00	1.82	(2.29)	14.60
DTSGX	0.95	0.03	0.01	0.09	1.14	(1.01)	2.11	(1.72)	8.75
DTSVX	1.00	(0.13)	0.00	(0.19)	0.00	0.00	1.76	(2.03)	14.53
WLTTX	0.67	(0.16)	0.00	(0.45)	0.00	0.00	0.99	(1.50)	8.63

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