Fuller Thaler Correlations

Mutual Funds . USA . 
Fund . Fuller Thaler Behavioral
FTHFX Fund  USD 46.30  0.20  0.43%   
The current 90-days correlation between Fuller Thaler Behavioral and Fuller Thaler Behavioral is -0.14 (i.e., Good diversification). The correlation of Fuller Thaler 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.

Fuller Thaler Correlation With Market

Very poor diversification

The correlation between Fuller Thaler Behavioral and DJI is 0.86 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fuller Thaler Behavioral 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 Fuller Thaler Behavioral. 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 census.

Moving together with Fuller Mutual Fund

  0.97FTHAX Fuller Thaler BehavioralPairCorr
  0.95FTXAX Fuller Thaler BehavioralPairCorr
  0.97FTXCX Fuller Thaler BehavioralPairCorr
  0.94FTZFX Fuller Thaler BehavioralPairCorr
  0.97FTYCX Fuller Thaler BehavioralPairCorr
  0.99VSMAX Vanguard Small CapPairCorr
  0.99VSCIX Vanguard Small CapPairCorr
  0.99VSCPX Vanguard Small CapPairCorr
  0.99NAESX Vanguard Small CapPairCorr
  0.98FSSNX Fidelity Small CapPairCorr
  0.99DFSTX Us Small CapPairCorr
  0.99PASVX T Rowe PricePairCorr
  0.96PRVIX T Rowe PricePairCorr
  0.98TRZVX T Rowe PricePairCorr
  0.99PRSVX T Rowe PricePairCorr
  0.86FSMMX Fs Multi StrategyPairCorr
  0.91BTMPX Ishares Msci EafePairCorr
  0.9BTMKX Blackrock InternationalPairCorr
  0.91MDIIX Blackrock Intern IndexPairCorr
  0.62SPMPX Invesco Steelpath MlpPairCorr
  0.63MLPNX Oppenheimer Steelpath MlpPairCorr
  0.61SPMJX Invesco Steelpath MlpPairCorr
  0.92DIEZX Destinations InternationalPairCorr
  0.76MFBCX Mfs Porate BondPairCorr
  0.95CSDGX Copeland Smid CapPairCorr
  0.96MBERX Mainstay BalancedPairCorr
  0.97PAFFX T Rowe PricePairCorr
  0.84HUBAX Hartford Ultrashort BondPairCorr
  0.85ASIQX Strategic IncomePairCorr
  0.69TNURX 1290 Unconstrained BondPairCorr
  0.91MSGGX Meridian Small CapPairCorr
  0.91PMFKX Pioneer Multi AssetPairCorr
  0.95NUEIX Northern Quality EsgPairCorr
  0.95CIPIX Champlain Mid CapPairCorr
  0.96TLVAX Timothy Largemid CapPairCorr
  0.95CGAEX Calvert Global EnergyPairCorr
  0.95AFGZX Alger Global GrowthPairCorr
  0.9WFGGX Wcm Focused GlobalPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Fuller Mutual Fund performing well and Fuller Thaler 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 Fuller Thaler'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.

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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY