Cambria Global Correlations

GVAL Etf

USD 26.19 0.18 0.69%

The current 90-days correlation between Cambria Global Value and Cambria Foreign Shareholder is 0.69 (i.e., Poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cambria Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cambria Global Value moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Cambria Global Correlation With Market

Good diversification

The correlation between Cambria Global Value and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cambria Global Value and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Cambria Etf

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Cambria Global Value. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Cambria Etf

0.72	FNDC	Schwab Fundamental	Pair Corr
0.71	AVDV	Avantis International	Pair Corr
0.85	DLS	WisdomTree International	Pair Corr
0.71	PDN	Invesco FTSE RAFI	Pair Corr
0.9	DISV	Dimensional ETF Trust Low Volatility	Pair Corr
0.74	ISVL	iShares International Low Volatility	Pair Corr
0.92	DIM	WisdomTree International	Pair Corr
0.76	IGA	Voya Global Advantage	Pair Corr
0.71	SPIB	SPDR Barclays Interm	Pair Corr
0.86	MFDX	PIMCO RAFI Dynamic	Pair Corr
0.74	TBLU	Tortoise Global Water Symbol Change	Pair Corr
0.76	ESGD	iShares ESG Aware	Pair Corr
0.75	IDEV	iShares Core MSCI	Pair Corr
0.67	INDA	iShares MSCI India	Pair Corr

Moving against Cambria Etf

0.33

MAGS

Roundhill Magnificent

Pair Corr

Related Correlations Analysis

	FYLD	GMOM	EYLD	GAA	SYLD
FYLD		0.66	0.89	0.92	0.4	FYLD
GMOM	0.66		0.81	0.82	0.74	GMOM
EYLD	0.89	0.81		0.88	0.68	EYLD
GAA	0.92	0.82	0.88		0.48	GAA
SYLD	0.4	0.74	0.68	0.48		SYLD
	FYLD	GMOM	EYLD	GAA	SYLD

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Cambria Global Constituents Risk-Adjusted Indicators

There is a big difference between Cambria Etf performing well and Cambria Global ETF 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 Cambria Global'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
FYLD	0.95	0.08	0.10	1.62	1.80	(0.94)	1.89	(2.19)	10.19
GMOM	0.81	(0.02)	0.00	(0.35)	0.00	0.00	1.54	(1.93)	7.12
EYLD	1.03	0.09	0.11	0.17	1.53	(1.15)	1.83	(1.94)	7.49
GAA	0.56	0.03	0.15	0.29	0.90	(0.55)	0.92	(1.22)	4.20
SYLD	1.28	(0.15)	0.00	1.33	0.00	0.00	2.14	(2.81)	13.12

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