Fam Value Correlations

FAMVX Fund

USD 104.47 0.44 0.42%

The current 90-days correlation between Fam Value Fund and Small Cap Value Profund is 0.06 (i.e., Significant diversification). The correlation of Fam Value 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.

Fam Value Correlation With Market

Average diversification

The correlation between Fam Value Fund and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fam Value Fund 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 Fam Value Fund. 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 unemployment.

Moving together with Fam Mutual Fund

0.76	FAMFX	Fam Small Cap	Pair Corr
0.82	FAMEX	Fam Equity Income	Pair Corr
0.85	FAMDX	Fam Small Cap	Pair Corr
0.89	FAMWX	Fam Value Fund	Pair Corr

Moving against Fam Mutual Fund

0.55	SMPIX	Semiconductor Ultrasector	Pair Corr
0.54	SMPSX	Semiconductor Ultrasector	Pair Corr
0.46	RSNRX	Victory Global Natural	Pair Corr
0.46	RSNYX	Victory Global Natural	Pair Corr
0.72	PRSAX	T Rowe Price	Pair Corr
0.65	DVCTX	Delaware Tax Free	Pair Corr
0.54	FTBAX	Fa529 Tl Pt	Pair Corr
0.51	DRRIX	Dreyfus Global Real	Pair Corr
0.51	MDBYX	Massmutual Premier	Pair Corr
0.46	RNECX	Rationalrgn Hedged Equity	Pair Corr
0.45	RGNCX	Victory Global Natural	Pair Corr
0.4	SEACX	Steward Select Bond	Pair Corr
0.4	CSXAX	Calvert Large Cap	Pair Corr
0.76	CMGUX	Cmg Ultra Short	Pair Corr
0.7	MAUCX	Pioneer Multi Asset	Pair Corr

Related Correlations Analysis

	SVPSX	SGPIX	UMPIX	MLPIX
SVPSX		0.87	0.81	0.78	SVPSX
SGPIX	0.87		0.92	0.9	SGPIX
UMPIX	0.81	0.92		0.97	UMPIX
MLPIX	0.78	0.9	0.97		MLPIX
	SVPSX	SGPIX	UMPIX	MLPIX

Risk-Adjusted Indicators

There is a big difference between Fam Mutual Fund performing well and Fam Value 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 Fam Value'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
SVPSX	0.95	(0.04)	(0.01)	0.03	1.13	(1.00)	2.08	(2.08)	5.65
SGPIX	0.82	(0.06)	(0.04)	0.01	1.01	(0.87)	2.09	(1.52)	5.21
UMPIX	1.48	(0.10)	(0.01)	0.01	1.95	(1.52)	3.24	(3.18)	8.93
MLPIX	0.72	(0.05)	(0.05)	0.01	0.92	(0.76)	1.46	(1.27)	4.46

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