Dodge Cox Correlations
| DOXGX Fund | USD 256.29 1.70 0.67% |
The correlation of Dodge Cox 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.
Dodge Cox Correlation With Market
Almost no diversification
The correlation between Dodge Cox Stock and DJI is 0.96 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dodge Cox Stock and DJI in the same portfolio, assuming nothing else is changed.
Dodge |
Moving together with Dodge Mutual Fund
| 1.0 | DODGX | Dodge Stock Fund | PairCorr |
| 0.68 | DODEX | Dodge Cox Emerging | PairCorr |
| 0.88 | DODBX | Dodge Balanced | PairCorr |
| 0.87 | DODWX | Dodge Global Stock | PairCorr |
| 0.81 | DOXWX | Dodge Cox Global | PairCorr |
| 0.99 | VVIAX | Vanguard Value Index | PairCorr |
| 0.98 | AFMFX | American Mutual | PairCorr |
| 0.98 | FFMMX | American Funds American | PairCorr |
| 0.98 | FFFMX | American Funds American | PairCorr |
| 0.98 | AMRMX | American Mutual | PairCorr |
| 0.98 | AMFFX | American Mutual | PairCorr |
| 0.98 | AMFCX | American Mutual | PairCorr |
| 0.99 | VIVAX | Vanguard Value Index | PairCorr |
| 0.89 | GPMFX | Guidepath Managed Futures | PairCorr |
| 0.74 | PQTAX | Pimco Trends Managed | PairCorr |
| 0.74 | PQTNX | Pimco Trends Managed | PairCorr |
| 0.74 | PQTIX | Aa Pimco Tr | PairCorr |
| 0.87 | WARCX | Wells Fargo Advantage | PairCorr |
| 0.63 | FSYJX | Fidelity Sustainable | PairCorr |
Moving against Dodge Mutual Fund
| 0.64 | CPREX | Clarion Partners Real | PairCorr |
| 0.63 | TSTIX | Transamerica Short Term | PairCorr |
| 0.59 | HLLVX | Jpmorgan Short Duration | PairCorr |
| 0.48 | TPINX | Templeton Global Bond | PairCorr |
| 0.48 | VBILX | Vanguard Intermediate-ter | PairCorr |
| 0.45 | QCILRX | College Retirement | PairCorr |
| 0.42 | TEIMX | T Rowe Price | PairCorr |
| 0.33 | TNUIX | 1290 Unconstrained Bond | PairCorr |
Related Correlations Analysis
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | IVMXX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | STPXX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | MCBXX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | HEWXX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | SWGXX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | AEAXX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0P000070L2 | ||
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Dodge Mutual Fund performing well and Dodge Cox 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 Dodge Cox'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IVMXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| STPXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MCBXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HEWXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SWGXX | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | |||
| AEAXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| 0P000070L2 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |