Matson Money Correlations
FMVFX Fund | USD 24.38 0.02 0.08% |
The current 90-days correlation between Matson Money Fixed and Vanguard Total Stock is 0.14 (i.e., Average diversification). The correlation of Matson Money 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.
Matson Money Correlation With Market
Modest diversification
The correlation between Matson Money Fixed and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Matson Money Fixed and DJI in the same portfolio, assuming nothing else is changed.
Matson |
Moving together with Matson Mutual Fund
0.88 | VTSAX | Vanguard Total Stock | PairCorr |
0.88 | VFIAX | Vanguard 500 Index | PairCorr |
0.88 | VTSMX | Vanguard Total Stock | PairCorr |
0.88 | VITSX | Vanguard Total Stock | PairCorr |
0.88 | VSTSX | Vanguard Total Stock | PairCorr |
0.88 | VSMPX | Vanguard Total Stock | PairCorr |
0.88 | VFINX | Vanguard 500 Index | PairCorr |
0.88 | VFFSX | Vanguard 500 Index | PairCorr |
0.89 | VGTSX | Vanguard Total Inter | PairCorr |
0.89 | VTIAX | Vanguard Total Inter | PairCorr |
0.71 | NHS | Neuberger Berman High | PairCorr |
0.9 | PFE | Pfizer Inc | PairCorr |
0.66 | XOM | Exxon Mobil Corp | PairCorr |
0.75 | AA | Alcoa Corp | PairCorr |
0.78 | DD | Dupont De Nemours | PairCorr |
0.89 | CSCO | Cisco Systems | PairCorr |
0.88 | IBM | International Business Earnings Call This Week | PairCorr |
0.82 | DIS | Walt Disney | PairCorr |
0.84 | CVX | Chevron Corp | PairCorr |
0.89 | CAT | Caterpillar | PairCorr |
0.77 | BA | Boeing | PairCorr |
0.86 | MSFT | Microsoft | PairCorr |
Moving against Matson Mutual Fund
0.49 | VZ | Verizon Communications Earnings Call Today | PairCorr |
0.46 | KO | Coca Cola Earnings Call Tomorrow | PairCorr |
Related Correlations Analysis
Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Matson Mutual Fund performing well and Matson Money 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 Matson Money'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
VTSAX | 0.66 | 0.12 | 0.11 | 0.27 | 0.54 | 2.07 | 5.05 | |||
VFIAX | 0.65 | 0.11 | 0.11 | 0.25 | 0.56 | 2.02 | 4.88 | |||
VTSMX | 0.66 | 0.12 | 0.12 | 0.26 | 0.55 | 2.08 | 5.04 | |||
VITSX | 0.66 | 0.12 | 0.11 | 0.26 | 0.55 | 2.07 | 5.05 | |||
VSTSX | 0.66 | 0.12 | 0.12 | 0.26 | 0.55 | 2.08 | 5.04 | |||
VSMPX | 0.66 | 0.12 | 0.12 | 0.26 | 0.55 | 2.08 | 5.04 | |||
VFINX | 0.66 | 0.12 | 0.11 | 0.26 | 0.54 | 2.02 | 4.88 | |||
VFFSX | 0.65 | 0.11 | 0.11 | 0.25 | 0.56 | 2.02 | 4.88 | |||
VGTSX | 0.46 | 0.15 | 0.11 | 0.52 | 0.17 | 1.31 | 3.09 | |||
VTIAX | 0.46 | 0.15 | 0.10 | 0.52 | 0.19 | 1.35 | 3.10 |