First Foundation Correlations

FBBYX Fund  USD 28.97  0.06  0.21%   
The current 90-days correlation between First Foundation Total and Ab Bond Inflation is -0.09 (i.e., Good diversification). The correlation of First Foundation 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.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Foundation Total. 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.
For more information on how to buy First Mutual Fund please use our How to Invest in First Foundation guide.

Moving together with First Mutual Fund

  0.7FBBAX First Foundation TotalPairCorr
  0.68FFBAX First Foundation FixedPairCorr
  0.86FFBYX First Foundation FixedPairCorr
  0.99FFIFX American FundsPairCorr
  0.99FAIFX American FundsPairCorr
  0.98IFACX Income FundPairCorr
  0.99IFAFX Income FundPairCorr
  0.69AMECX Income FundPairCorr
  0.98RIDBX Income FundPairCorr
  0.98CIMEX Income FundPairCorr
  0.99RIDFX Income FundPairCorr
  0.98CIMCX Income FundPairCorr
  0.99CIMFX Income FundPairCorr
  0.61RYMEX Commodities StrategyPairCorr
  0.76BRUFX Bruce Fund BrucePairCorr
  0.87SPGSX State Street PremierPairCorr
  0.78KF Korea ClosedPairCorr
  0.74PXTNX Pimco Rae PlusPairCorr
  0.93LMNSX Clearbridge Small CapPairCorr
  0.94OCHIX Oberweis China Oppor Steady GrowthPairCorr
  0.7BEMRX Brandes Emerging MarketsPairCorr
  0.86TWCCX Ultra Fund CPairCorr
  0.66LVOFX Lord Abbett ValuePairCorr
  0.71LEKIX Blackrock Lifepath EsgPairCorr
  0.93BTFAX Bts Tactical FixedPairCorr
  0.98FAASX Fidelity Asset ManagerPairCorr
  0.98AMPFX Amcap Fund ClassPairCorr
  0.88PASCX All Asset FundPairCorr
  0.98FRBLX Fidelity Advisor FreedomPairCorr
  0.82CTAGX Calamos Timpani SmidPairCorr
  0.69MENIX Madison FundsPairCorr
  0.94DIEAX Dreyfus InternationalPairCorr
  0.73REQTX Us Defensive EquityPairCorr
  0.96RTSSX Tax Managed MidPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between First Mutual Fund performing well and First Foundation 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 First Foundation'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.