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.
First |
Moving together with First Mutual Fund
0.7 | FBBAX | First Foundation Total | PairCorr |
0.68 | FFBAX | First Foundation Fixed | PairCorr |
0.86 | FFBYX | First Foundation Fixed | PairCorr |
0.99 | FFIFX | American Funds | PairCorr |
0.99 | FAIFX | American Funds | PairCorr |
0.98 | IFACX | Income Fund | PairCorr |
0.99 | IFAFX | Income Fund | PairCorr |
0.69 | AMECX | Income Fund | PairCorr |
0.98 | RIDBX | Income Fund | PairCorr |
0.98 | CIMEX | Income Fund | PairCorr |
0.99 | RIDFX | Income Fund | PairCorr |
0.98 | CIMCX | Income Fund | PairCorr |
0.99 | CIMFX | Income Fund | PairCorr |
0.61 | RYMEX | Commodities Strategy | PairCorr |
0.76 | BRUFX | Bruce Fund Bruce | PairCorr |
0.87 | SPGSX | State Street Premier | PairCorr |
0.78 | KF | Korea Closed | PairCorr |
0.74 | PXTNX | Pimco Rae Plus | PairCorr |
0.93 | LMNSX | Clearbridge Small Cap | PairCorr |
0.94 | OCHIX | Oberweis China Oppor Steady Growth | PairCorr |
0.7 | BEMRX | Brandes Emerging Markets | PairCorr |
0.86 | TWCCX | Ultra Fund C | PairCorr |
0.66 | LVOFX | Lord Abbett Value | PairCorr |
0.71 | LEKIX | Blackrock Lifepath Esg | PairCorr |
0.93 | BTFAX | Bts Tactical Fixed | PairCorr |
0.98 | FAASX | Fidelity Asset Manager | PairCorr |
0.98 | AMPFX | Amcap Fund Class | PairCorr |
0.88 | PASCX | All Asset Fund | PairCorr |
0.98 | FRBLX | Fidelity Advisor Freedom | PairCorr |
0.82 | CTAGX | Calamos Timpani Smid | PairCorr |
0.69 | MENIX | Madison Funds | PairCorr |
0.94 | DIEAX | Dreyfus International | PairCorr |
0.73 | REQTX | Us Defensive Equity | PairCorr |
0.96 | RTSSX | Tax Managed Mid | PairCorr |
Related Correlations Analysis
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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.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
ANBIX | 0.14 | 0.03 | (0.39) | (6.72) | 0.00 | 0.29 | 0.97 | |||
MSTBX | 0.10 | 0.01 | (0.82) | 1.34 | 0.00 | 0.21 | 0.41 | |||
LCCMX | 0.12 | 0.05 | (0.57) | 2.40 | 0.00 | 0.51 | 1.00 | |||
BTFRX | 0.17 | 0.01 | (0.33) | 0.19 | 0.09 | 0.27 | 1.19 | |||
PBNAX | 0.21 | 0.02 | (0.36) | 0.34 | 0.15 | 0.43 | 1.13 | |||
BXHCX | 0.16 | 0.06 | (0.27) | 0.59 | 0.00 | 0.50 | 1.02 | |||
MBSAX | 0.25 | 0.04 | (0.16) | 0.32 | 0.08 | 0.52 | 1.62 | |||
TSDUX | 0.04 | 0.02 | 0.00 | (1.80) | 0.00 | 0.10 | 0.10 |