Forum Funds Correlations
| FLXIX Fund | USD 10.62 0.02 0.19% |
The current 90-days correlation between Forum Funds and Virtus Seix Government is 0.05 (i.e., Significant diversification). The correlation of Forum Funds 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.
Forum Funds Correlation With Market
Significant diversification
The correlation between Forum Funds and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Forum Funds and DJI in the same portfolio, assuming nothing else is changed.
Forum |
Moving together with Forum Mutual Fund
| 0.69 | FCSZX | Franklin Convertible | PairCorr |
| 0.69 | FCSKX | Franklin Vertible | PairCorr |
| 0.68 | FISCX | Franklin Convertible | PairCorr |
| 0.67 | FROTX | Franklin Convertible | PairCorr |
| 0.76 | ANZCX | Allianzgi Convertible | PairCorr |
| 0.77 | ANZAX | Allianzgi Convertible | PairCorr |
| 0.76 | ANNPX | Allianzgi Convertible | PairCorr |
| 0.73 | VAADX | Virtus Convertible | PairCorr |
| 0.76 | FCVSX | Fidelity Convertible | PairCorr |
| 0.62 | NHS | Neuberger Berman High | PairCorr |
| 0.88 | IRCZX | International Small Cap | PairCorr |
| 0.85 | MKVDX | Mfs International Large | PairCorr |
| 0.69 | PDVYX | Putnam Diversified Income | PairCorr |
| 0.81 | TEQCX | Touchstone Sustainability | PairCorr |
| 0.72 | MMUHX | Mfs Utilities | PairCorr |
| 0.89 | JSCIX | International Small Pany | PairCorr |
| 0.74 | ESMCX | Invesco European Small | PairCorr |
| 0.7 | IUENX | Jpmorgan International | PairCorr |
| 0.82 | HFHIX | Hartford Floating | PairCorr |
| 0.7 | VCRQX | Mainstay Cbre Global | PairCorr |
| 0.77 | CIGYX | Ab Centrated Interna | PairCorr |
| 0.74 | CIUEX | Six Circles International | PairCorr |
| 0.92 | RECAX | Rbc Bluebay Emerging | PairCorr |
Related Correlations Analysis
| 0.69 | 0.99 | 0.74 | 0.73 | 0.92 | SSAGX | ||
| 0.69 | 0.68 | 0.75 | 0.6 | 0.61 | SWGXX | ||
| 0.99 | 0.68 | 0.73 | 0.73 | 0.92 | SIGVX | ||
| 0.74 | 0.75 | 0.73 | 0.77 | 0.6 | DVPXX | ||
| 0.73 | 0.6 | 0.73 | 0.77 | 0.65 | DPIGX | ||
| 0.92 | 0.61 | 0.92 | 0.6 | 0.65 | UGSDX | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Forum Mutual Fund performing well and Forum Funds 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 Forum Funds' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SSAGX | 0.06 | 0.01 | 0.64 | (1.27) | 0.00 | 0.10 | 0.61 | |||
| SWGXX | 0.03 | 0.01 | 0.00 | (1.71) | 0.00 | 0.00 | 1.01 | |||
| SIGVX | 0.06 | 0.01 | 0.64 | (5.83) | 0.00 | 0.10 | 0.61 | |||
| DVPXX | 0.03 | 0.01 | 0.00 | 0.93 | 0.00 | 0.00 | 1.01 | |||
| DPIGX | 0.11 | 0.01 | 0.46 | (5.36) | 0.00 | 0.21 | 0.63 | |||
| UGSDX | 0.03 | 0.01 | 0.00 | (1.72) | 0.00 | 0.00 | 0.52 |