Crow Point Correlations

CGHIX Fund  USD 10.38  0.01  0.1%   
The current 90-days correlation between Crow Point Defined and Ultra Short Term Fixed is -0.07 (i.e., Good diversification). The correlation of Crow Point 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.

Crow Point Correlation With Market

Good diversification

The correlation between Crow Point Defined and DJI is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Crow Point Defined 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 Crow Point Defined. 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 Crow Mutual Fund

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  0.9PAUPX Pimco All AssetPairCorr
  0.76SMPIX Semiconductor Ultrasector Steady GrowthPairCorr
  0.76SMPSX Semiconductor Ultrasector Steady GrowthPairCorr
  0.69RSNYX Victory Global NaturalPairCorr
  0.68RSNRX Victory Global NaturalPairCorr
  0.68JSIPX Jpmorgan SmartretirementPairCorr
  0.71GRMAX Nationwide Sp 500PairCorr
  0.98ATCIX Atac Inflation RotationPairCorr
  0.72CAFCX Amcap Fund ClassPairCorr
  0.7FSRFX Transportation Portfolio Potential GrowthPairCorr
  0.99LMPPX Clearbridge AppreciationPairCorr
  0.69RAMTX American Funds 2055PairCorr
  0.93TIERX Tiaa Cref InternationalPairCorr
  0.64VINEX Vanguard InternationalPairCorr
  0.69PCBAX Blackrock TacticalPairCorr
  0.92MSAAX Active InternationalPairCorr
  0.96RPELX T Rowe PricePairCorr
  0.68FEYIX Fidelity Asset ManagerPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Crow Mutual Fund performing well and Crow Point 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 Crow Point'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.