Crafword Dividend Correlations
CDGCX Fund | USD 14.99 0.04 0.27% |
The current 90-days correlation between Crafword Dividend Growth and The Hartford Inflation is 0.04 (i.e., Significant diversification). The correlation of Crafword Dividend 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.
Crafword Dividend Correlation With Market
Almost no diversification
The correlation between Crafword Dividend Growth 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 Crafword Dividend Growth and DJI in the same portfolio, assuming nothing else is changed.
Crafword |
Moving together with Crafword Mutual Fund
0.97 | VVIAX | Vanguard Value Index | PairCorr |
0.99 | DOXGX | Dodge Cox Stock | PairCorr |
0.98 | AFMFX | American Mutual | PairCorr |
0.98 | FFMMX | American Funds American | PairCorr |
0.98 | FFFMX | American Funds American | PairCorr |
0.96 | AMRMX | American Mutual | PairCorr |
0.96 | AMFFX | American Mutual | PairCorr |
0.96 | AMFCX | American Mutual | PairCorr |
0.99 | DODGX | Dodge Stock Fund | PairCorr |
0.97 | VIVAX | Vanguard Value Index | PairCorr |
0.96 | LFRRX | Lord Abbett Inv | PairCorr |
0.81 | TFSLX | Touchstone Flexible | PairCorr |
0.94 | WAYRX | Western Asset High | PairCorr |
0.92 | DELNX | Doubleline Low Duration | PairCorr |
0.99 | VMCIX | Vanguard Mid Cap | PairCorr |
0.98 | GGIZX | Balanced Allocation | PairCorr |
0.96 | SIVIX | State Street Institu | PairCorr |
0.89 | FRIFX | Fidelity Real Estate | PairCorr |
0.97 | BCMPX | Blackrock Moderate | PairCorr |
0.62 | OCMAX | Ocm Mutual Fund | PairCorr |
0.95 | IAF | Aberdeen Australia | PairCorr |
0.97 | HILTX | Hartford International | PairCorr |
0.97 | VMNVX | Vanguard Global Minimum | PairCorr |
0.88 | AAAPX | Deutsche Real Assets | PairCorr |
0.96 | JGMNX | Janus Triton | PairCorr |
0.84 | XWDIX | Western Asset Diversified | PairCorr |
0.99 | PSILX | Spectrum International | PairCorr |
0.96 | RYPIX | Transportation Fund | PairCorr |
0.99 | IISPX | Voya Solution 2055 | PairCorr |
0.96 | VPACX | Vanguard Pacific Stock | PairCorr |
0.97 | EVFCX | Evaluator Conservative | PairCorr |
0.96 | CHYDX | Calamos High Income | PairCorr |
Related Correlations Analysis
0.98 | 0.92 | 0.95 | 0.99 | 0.93 | 0.98 | HIPCX | ||
0.98 | 0.94 | 0.92 | 0.99 | 0.94 | 0.99 | TIIHX | ||
0.92 | 0.94 | 0.9 | 0.94 | 0.96 | 0.94 | ABNTX | ||
0.95 | 0.92 | 0.9 | 0.95 | 0.9 | 0.92 | LIFAX | ||
0.99 | 0.99 | 0.94 | 0.95 | 0.95 | 0.98 | MXIHX | ||
0.93 | 0.94 | 0.96 | 0.9 | 0.95 | 0.92 | BPRIX | ||
0.98 | 0.99 | 0.94 | 0.92 | 0.98 | 0.92 | ABNCX | ||
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Risk-Adjusted Indicators
There is a big difference between Crafword Mutual Fund performing well and Crafword Dividend 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 Crafword Dividend'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
HIPCX | 0.17 | 0.00 | (0.41) | 0.00 | 0.08 | 0.31 | 1.14 | |||
TIIHX | 0.16 | 0.02 | (0.41) | (5.64) | 0.12 | 0.28 | 1.03 | |||
ABNTX | 0.14 | 0.03 | (0.42) | (2.06) | 0.00 | 0.29 | 1.08 | |||
LIFAX | 0.12 | 0.04 | (0.54) | 14.79 | 0.00 | 0.43 | 0.94 | |||
MXIHX | 0.16 | 0.03 | (0.40) | (4.01) | 0.00 | 0.33 | 0.87 | |||
BPRIX | 0.22 | 0.03 | (0.28) | 1.10 | 0.19 | 0.61 | 1.35 | |||
ABNCX | 0.14 | 0.02 | (0.39) | (10.50) | 0.09 | 0.30 | 1.09 |