Us Equity Correlations

Mutual Funds . USA . 
Fund . The Equity Growth
BGGKX Fund  USD 28.62  0.26  0.90%   
The current 90-days correlation between Equity Growth and Short Duration Inflation is 0.04 (i.e., Significant diversification). The correlation of Us Equity 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.

Us Equity Correlation With Market

Good diversification

The correlation between The Equity Growth and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The Equity Growth 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 The Equity Growth. 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 industry.

Moving together with BGGKX Mutual Fund

  0.95BGEWX Baillie Gifford EmergingPairCorr
  0.95FAFGX American FundsPairCorr
  0.95FFAFX American FundsPairCorr
  0.95GFACX Growth FundPairCorr
  1.0GFAFX Growth FundPairCorr
  0.95AGTHX Growth FundPairCorr
  0.95CGFFX Growth FundPairCorr
  1.0CGFCX Growth FundPairCorr
  1.0CGFAX Growth FundPairCorr
  1.0CGFEX Growth FundPairCorr
  0.95RGAEX Growth FundPairCorr
  0.9BTMPX Ishares Msci EafePairCorr
  0.93BTMKX Blackrock InternationalPairCorr
  0.9MDIIX Blackrock Intern IndexPairCorr
  0.94FFFHX Fidelity Freedom 2050PairCorr
  0.94PEGZX Prudential Jennison MidPairCorr
  0.74TFBYX American Beacon TwenPairCorr
  0.86GSIMX Goldman Sachs GqgPairCorr
  0.86FAADX American Funds CollegePairCorr
  0.95FKGRX Franklin GrowthPairCorr
  0.75PYABX Payden Absolute ReturnPairCorr
  0.94FFBTX Fidelity Freedom BlendPairCorr
  0.95VALLX Value Line LargerPairCorr
  0.78ERSIX Eaton Vance ShortPairCorr
  0.87HRSTX Rational Real StrategiesPairCorr
  0.95ALGRX Alger Capital ApprecPairCorr
  0.95DXNLX Direxion Monthly NasdaqPairCorr
  0.93FFAMX Fidelity Asset ManagerPairCorr
  0.76PRUZX Prudential UtilityPairCorr
  0.96MSDLX Global StrategistPairCorr
  0.95IEOPX Ing Evergreen OmegaPairCorr
  0.89PISJX Columbia Pyrford IntPairCorr
  0.76JDURX Prudential UtilityPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between BGGKX Mutual Fund performing well and Us Equity 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 Us Equity'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY