Crm Small/mid Correlations
| CRIAX Fund | USD 10.96 0.12 1.11% |
The current 90-days correlation between Crm Smallmid Cap and American Funds Conservative is -0.12 (i.e., Good diversification). The correlation of Crm Small/mid 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.
Crm Small/mid Correlation With Market
Poor diversification
The correlation between Crm Smallmid Cap and DJI is 0.71 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Crm Smallmid Cap and DJI in the same portfolio, assuming nothing else is changed.
Crm |
Moving together with Crm Mutual Fund
| 0.8 | VIMAX | Vanguard Mid Cap | PairCorr |
| 0.8 | VIMSX | Vanguard Mid Cap | PairCorr |
| 0.8 | VMCPX | Vanguard Mid Cap | PairCorr |
| 0.8 | VMCIX | Vanguard Mid Cap | PairCorr |
| 0.8 | VEXAX | Vanguard Extended Market | PairCorr |
| 0.8 | VEMPX | Vanguard Extended Market | PairCorr |
| 0.8 | VIEIX | Vanguard Extended Market | PairCorr |
| 0.76 | VSEMX | Vanguard Extended Market | PairCorr |
| 0.8 | VEXMX | Vanguard Extended Market | PairCorr |
| 0.8 | FSMAX | Fidelity Extended Market | PairCorr |
| 0.7 | VGTSX | Vanguard Total Inter | PairCorr |
| 0.7 | VTIAX | Vanguard Total Inter | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Crm Mutual Fund performing well and Crm Small/mid 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 Crm Small/mid'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FPTPX | 0.25 | 0.13 | (0.19) | (2.76) | 0.00 | 0.91 | 1.83 | |||
| DDFIX | 0.53 | 0.03 | (0.02) | 0.25 | 0.40 | 1.45 | 3.63 | |||
| VDSCX | 0.63 | 0.35 | 0.10 | (1.22) | 0.32 | 2.05 | 4.77 | |||
| XACVX | 0.58 | 0.27 | 0.06 | (3.44) | 0.32 | 1.55 | 3.71 | |||
| CAARX | 0.26 | 0.03 | (0.24) | 0.28 | 0.00 | 0.68 | 1.88 | |||
| PGBLX | 0.14 | 0.02 | (0.89) | 0.39 | 0.00 | 0.26 | 0.86 | |||
| BICPX | 0.23 | 0.03 | (0.30) | 0.32 | 0.00 | 0.64 | 1.53 |