F/m Investments Correlations

IAFLX Fund  USD 19.90  0.13  0.66%   
The current 90-days correlation between Fm Investments Large and American Century Ultra is 0.88 (i.e., Very poor diversification). The correlation of F/m Investments 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.

F/m Investments Correlation With Market

Good diversification

The correlation between Fm Investments Large and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fm Investments Large 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 Fm Investments Large. 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 bureau of economic analysis.

Moving together with F/m Mutual Fund

  1.0IAFMX Fm Investments LargePairCorr
  0.71FAFGX American FundsPairCorr
  0.71FFAFX American FundsPairCorr
  0.71GFACX Growth FundPairCorr
  0.62GFAFX Growth FundPairCorr
  0.62AGTHX Growth FundPairCorr
  0.71CGFFX Growth FundPairCorr
  0.71CGFCX Growth FundPairCorr
  0.62CGFAX Growth FundPairCorr
  0.62CGFEX Growth FundPairCorr
  0.71RGAEX Growth FundPairCorr
  0.74VMIXX Jpmorgan Trust IPairCorr
  0.97MXNSX Great West SpPairCorr
  0.94ALVIX Large Pany ValuePairCorr
  0.7FKORQX FkorqxPairCorr
  0.97IRSLX Voya Target RetirementPairCorr
  0.94STITX Ridgeworth InternationalPairCorr
  0.62UTG Reaves Utility IfPairCorr
  0.99SBCCX Moderately ConservativePairCorr
  0.97HMCRX Harbor Mid CapPairCorr
  0.9TGWIX Tcw Emerging MarketsPairCorr
  0.9GLIFX Lazard Global ListedPairCorr
  0.96FAYZX Fidelity Advisor MultiPairCorr
  0.97TAAJX Transamerica AssetPairCorr
  0.91PDVYX Putnam Diversified IncomePairCorr
  0.98ARDRX One Choice 2040PairCorr
  0.91EEICX Eaton Vance EmergingPairCorr

Moving against F/m Mutual Fund

  0.4GPMFX Guidepath Managed FuturesPairCorr
  0.87RWINX Redwood AlphafactorPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between F/m Mutual Fund performing well and F/m Investments 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 F/m Investments' 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.