Fulcrum Diversified Correlations

FARIX Fund

USD 9.82 0.01 0.10%

The current 90-days correlation between Fulcrum Diversified and Gurtin California Muni is 0.13 (i.e., Average diversification). The correlation of Fulcrum Diversified 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.

Fulcrum Diversified Correlation With Market

Significant diversification

The correlation between Fulcrum Diversified Absolute and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fulcrum Diversified Absolute 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 Fulcrum Diversified Absolute. 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 Fulcrum Mutual Fund

0.81	SMPIX	Semiconductor Ultrasector	Pair Corr
0.8	SMPSX	Semiconductor Ultrasector	Pair Corr
0.82	CISGX	Touchstone Sands Capital	Pair Corr
0.63	WWWFX	Kinetics Internet	Pair Corr
0.64	MIJFX	Matthews Japan	Pair Corr
0.79	LCIAX	Siit Large Cap	Pair Corr
0.81	BFRCX	Blackrock Floating Rate	Pair Corr
0.83	BHYRX	Blackrock High Yield	Pair Corr
0.74	FIKBX	Fidelity Advisor Fin	Pair Corr
0.8	AMONX	Aqr Large Cap	Pair Corr
0.73	USCAX	Small Cap Stock	Pair Corr
0.79	SCIRX	Columbia Seligman	Pair Corr
0.82	ASCGX	Lebenthal Lisanti Small	Pair Corr
0.72	SWVXX	Schwab Value Advantage	Pair Corr
0.84	FHTIX	Federated High Yield	Pair Corr

Related Correlations Analysis

	GCMVX	ATOAX	BBINX	PCMNX	JHSFX	RYAQX	TWTIX	OWMBX
GCMVX		0.79	0.98	0.96	0.99	0.08	0.93	0.99	GCMVX
ATOAX	0.79		0.71	0.63	0.8	0.56	0.58	0.75	ATOAX
BBINX	0.98	0.71		0.99	0.97	-0.02	0.98	0.98	BBINX
PCMNX	0.96	0.63	0.99		0.94	-0.09	0.99	0.97	PCMNX
JHSFX	0.99	0.8	0.97	0.94		0.1	0.91	0.98	JHSFX
RYAQX	0.08	0.56	-0.02	-0.09	0.1		-0.15	0.05	RYAQX
TWTIX	0.93	0.58	0.98	0.99	0.91	-0.15		0.93	TWTIX
OWMBX	0.99	0.75	0.98	0.97	0.98	0.05	0.93		OWMBX
	GCMVX	ATOAX	BBINX	PCMNX	JHSFX	RYAQX	TWTIX	OWMBX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

JHSFX	+ 0.99	GCMVX
OWMBX	+ 0.99	GCMVX
PCMNX	+ 0.99	BBINX
TWTIX	+ 0.99	PCMNX
BBINX	+ 0.98	GCMVX
TWTIX	+ 0.98	BBINX

High negative correlations

TWTIX	- 0.15	RYAQX
RYAQX	- 0.09	PCMNX
RYAQX	- 0.02	BBINX

Risk-Adjusted Indicators

There is a big difference between Fulcrum Mutual Fund performing well and Fulcrum Diversified 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 Fulcrum Diversified'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
GCMVX	0.16	0.01	(0.21)	(0.08)	0.27	(0.19)	0.40	(0.71)	1.74
ATOAX	0.02	0.00	0.00	0.61	0.00	0.00	0.00	0.00	0.40
BBINX	0.20	0.01	(0.18)	0.03	0.38	(0.21)	0.39	(0.80)	2.21
PCMNX	0.22	0.01	(0.16)	0.00	0.43	(0.23)	0.34	(0.93)	2.48
JHSFX	0.17	0.01	(0.19)	(0.04)	0.32	(0.19)	0.31	(0.81)	1.93
RYAQX	0.74	0.07	(0.05)	(0.64)	0.63	(0.98)	1.76	(1.14)	4.53
TWTIX	0.23	0.00	(0.16)	0.07	0.47	(0.23)	0.47	(0.96)	2.72
OWMBX	0.17	0.01	(0.18)	(0.08)	0.32	(0.18)	0.27	(0.72)	1.80

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