Catholic Values Correlations

Mutual Funds . USA . 
Fund . Catholic Values Fixed
CFVAX Fund  USD 8.60  0.02  0.23%   
The current 90-days correlation between Catholic Values Fixed and Artisan High Income is 0.4 (i.e., Very weak diversification). The correlation of Catholic Values 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.

Catholic Values Correlation With Market

Modest diversification

The correlation between Catholic Values Fixed and DJI is 0.28 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Catholic Values Fixed 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 Catholic Values Fixed. 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 nation.

Moving together with Catholic Mutual Fund

  0.76SAAAX Simt Multi AssetPairCorr
  0.79SRYRX Simt Real ReturnPairCorr
  0.62TFCAX Tax Free ConservativePairCorr
  0.61TFCYX Tax Free ConservativePairCorr
  0.68SSTDX Saat Servative StrategyPairCorr
  0.7SBDAX Stet California MunicipalPairCorr
  0.63STDAX Saat Defensive StrategyPairCorr
  0.64ENIAX Siit Opportunistic IncomePairCorr
  0.99SCFYX Simt E FixedPairCorr
  0.62SCMSX Saat E MarketPairCorr
  0.85SCOAX Siit E FixedPairCorr
  1.0CFVYX Catholic Values FixedPairCorr
  0.84SCXIX Sei Insti MgdPairCorr
  0.65SCYYX Stet California MunicipalPairCorr
  0.65SUMAX Stet Short DurationPairCorr
  0.73SUSAX Siit Ultra ShortPairCorr
  0.87SDGFX Sdit Short DurationPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Catholic Mutual Fund performing well and Catholic Values 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 Catholic Values' 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