Secured Options Correlations

Mutual Funds . USA . 
Fund . Secured Options Portfolio
GTSOX Fund  USD 13.56  0.05  0.37%   
The current 90-days correlation between Secured Options Portfolio and Small Cap Equity is 0.84 (i.e., Very poor diversification). The correlation of Secured Options 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.

Secured Options Correlation With Market

Almost no diversification

The correlation between Secured Options Portfolio and DJI is 0.92 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Secured Options Portfolio and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Secured Options Portfolio. 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 persons.

Moving together with Secured Mutual Fund

  0.93NOVIX Glenmede InternationalPairCorr
  0.95GEQIX Equity Income PortfolioPairCorr
  0.94GWILX Woman In LeadershipPairCorr
  0.95RESGX Responsible Esg EquityPairCorr
  1.0GLSOX Secured Options PortfolioPairCorr
  0.94GQLVX Quantitative U SPairCorr
  0.92GQSCX Quantitative U SPairCorr
  0.81GTAPX Long/short PortfolioPairCorr
  0.95GTCEX Strategic Equity PorPairCorr
  0.79GTCIX International PortfolioPairCorr
  0.88GTCSX Small Cap EquityPairCorr
  0.88GTILX Large Cap GrowthPairCorr
  0.94GTLIX Large Cap CorePairCorr
  0.88GTLLX Large Cap GrowthPairCorr
  0.94GTLOX Large Cap EPairCorr
  0.8GTLSX Quantitative LongshortPairCorr
  0.88GTSCX Small Cap EquityPairCorr
  0.91GTTMX Total Market PortfolioPairCorr
  0.94JHQCX Jpmorgan Hedged EquityPairCorr
  0.94JHEQX Jpmorgan Hedged EquityPairCorr
  0.94JHQAX Jpmorgan Hedged EquityPairCorr
  0.92GTENX Gateway Fund ClassPairCorr
  0.93GTECX Gateway Fund ClassPairCorr
  0.92GTEYX Gateway Fund ClassPairCorr
  0.92GATEX Gateway Fund ClassPairCorr
  0.9JHDCX Jpmorgan Hedged EquityPairCorr
  0.89JHDRX Jpmorgan Hedged EquityPairCorr
  0.9JHDAX Jpmorgan Hedged EquityPairCorr
  0.92VSTSX Vanguard Total StockPairCorr
  0.92VSMPX Vanguard Total StockPairCorr
  0.92VITSX Vanguard Total StockPairCorr
  0.92VFFSX Vanguard 500 IndexPairCorr
  0.92VFIAX Vanguard 500 IndexPairCorr
  0.85VTISX Vanguard Total InterPairCorr
  0.85VTSNX Vanguard Total InterPairCorr
  0.85VTPSX Vanguard Total InterPairCorr
  0.92VINIX Vanguard InstitutionalPairCorr
  0.92VTSAX Vanguard Total StockPairCorr
  0.84FHAIX Franklin High IncomePairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Secured Mutual Fund performing well and Secured Options 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 Secured Options' 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