Proxy Voting Correlations

ADEIX Fund  USD 17.35  0.03  0.17%   
The correlation of Proxy Voting 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.

Proxy Voting Correlation With Market

Almost no diversification

The correlation between Proxy Voting Where Does Your F and DJI is 0.92 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Proxy Voting Where Does Your F and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Proxy Voting Where Does Your Fund Manager Stand On Esg Issuesaspx. 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 gross domestic product.

Moving together with Proxy Mutual Fund

  0.79ANCIX Ancora MicrocapPairCorr
  0.91AAIIX Ancora IncomePairCorr
  0.98AATSX Ancora/thelen Small-midPairCorr
  0.98AATIX Ancora/thelen Small-midPairCorr
  0.99VVIAX Vanguard Value IndexPairCorr
  0.99DOXGX Dodge Cox StockPairCorr
  0.99AFMFX American MutualPairCorr
  0.99FFMMX American Funds AmericanPairCorr
  0.99FFFMX American Funds AmericanPairCorr
  0.99AMRMX American MutualPairCorr
  0.99AMFFX American MutualPairCorr
  0.99AMFCX American MutualPairCorr
  0.99DODGX Dodge Stock FundPairCorr
  0.99VIVAX Vanguard Value IndexPairCorr
  0.95PFN Pimco Income StrategyPairCorr
  0.95CIF Mfs Intermediate HighPairCorr
  0.7NXJ Nuveen New JerseyPairCorr
  0.94PCF Putnam High IncomePairCorr
  0.98MARMX Mutual Of AmericaPairCorr
  0.74XVBFX Invesco BondPairCorr
  0.71SGVAX Western Asset MortgagePairCorr
  0.99VFINX Vanguard 500 IndexPairCorr
  0.96BTMFX Boston Trust MidcapPairCorr
  0.99MMINX Mm Sp 500PairCorr
  0.95NAPIX Voya Multi ManagerPairCorr
  0.94LBNRX Lord Abbett BondPairCorr
  0.91HFEAX Henderson European FocusPairCorr
  0.98NSRKX Northern Global SustPairCorr
  0.99VFIAX Vanguard 500 IndexPairCorr
  0.98LSSNX Loomis Sayles SmallPairCorr
  0.93GCEBX Goldman Sachs CleanPairCorr
  0.85SLANX Deutsche Latin AmericaPairCorr
  0.85BGY Blackrock InternationalPairCorr
  0.97MDHVX Mainstay Short DurationPairCorr

Moving against Proxy Mutual Fund

  0.43XDSMX Dreyfus StrategicPairCorr
  0.53XNBHX Neuberger Berman IntPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Proxy Mutual Fund performing well and Proxy Voting 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 Proxy Voting'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.