Equity Series Correlations

Mutual Funds . USA . 
Fund . Equity Series Class
EXEYX Fund  USD 15.21  0.01  0.07%   
The current 90-days correlation between Equity Series Class and Large Cap Fund is 0.83 (i.e., Very poor diversification). The correlation of Equity Series 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.

Equity Series Correlation With Market

Almost no diversification

The correlation between Equity Series Class and DJI is 0.93 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Equity Series Class and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equity Series Class. 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 manufacturing.

Moving together with Equity Mutual Fund

  0.96CEIIX Manning Napier CallodinePairCorr
  0.96CEIZX Manning Napier CallodinePairCorr
  0.97CEISX Manning Napier CallodinePairCorr
  0.99MNBAX Pro Blend ExtendedPairCorr
  0.99MNBIX Pro Blend ExtendedPairCorr
  0.8MNCPX Unconstrained Bond SeriesPairCorr
  0.95MNCRX Pro Blend ServativePairCorr
  0.94MNCWX Manning Napier ProPairCorr
  0.96MNDFX Disciplined Value SeriesPairCorr
  0.99MNBRX Pro-blend(r) ExtendedPairCorr
  0.99MNBWX Manning Napier ProPairCorr
  0.95MNCCX Pro Blend ServativePairCorr
  0.95MNCIX Pro-blend(r) ConservativePairCorr
  0.92MNDWX Manning Napier DiverPairCorr
  0.99MNECX Pro Blend ExtendedPairCorr
  0.98MNHCX Pro-blend(r) MaximumPairCorr
  0.94MNHAX High Yield BondPairCorr
  1.0MNHIX Pro Blend MaximumPairCorr
  1.0MNHRX Pro-blend(r) MaximumPairCorr
  0.98MNHWX Manning Napier ProPairCorr
  0.94MNHYX High Yield BondPairCorr
  0.98MNMCX Pro-blend(r) ModeratePairCorr
  0.97MNMIX Pro-blend(r) ModeratePairCorr
  0.98MNMRX Pro-blend(r) ModeratePairCorr
  0.98MNMWX Manning Napier ProPairCorr
  0.96MNOSX Manning Napier OverseasPairCorr
  0.87MNOWX Manning Napier OverseasPairCorr
  0.96MNOZX Manning Napier OverseasPairCorr
  0.94RAIIX Rainier InternationalPairCorr
  0.95RAIRX Rainier InternationalPairCorr
  0.95RAIWX Manning Napier RainierPairCorr
  0.77MCDIX Manning Napier CreditPairCorr
  0.8MCDSX Manning Napier CreditPairCorr
  0.78MCDWX Manning Napier CreditPairCorr
  0.8MUBWX Manning Napier UnconPairCorr
  0.96MDFSX Disciplined Value SeriesPairCorr
  0.96MDVWX Manning Napier DisciPairCorr
  0.96MDVZX Manning Napier DisciPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Equity Mutual Fund performing well and Equity Series 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 Equity Series' 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