Flexible Bond Correlations

Mutual Funds . USA . 
Fund . Flexible Bond Portfolio
JAFLX Fund  USD 9.82  0.02  0.20%   
The current 90-days correlation between Flexible Bond Portfolio and Siit High Yield is 0.3 (i.e., Weak diversification). The correlation of Flexible Bond 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.

Flexible Bond Correlation With Market

Modest diversification

The correlation between Flexible Bond Portfolio and DJI is 0.24 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Flexible Bond 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 Flexible Bond 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 bureau of economic analysis.

Moving together with Flexible Mutual Fund

  0.71JRAAX Janus ResearchPairCorr
  0.71JRACX Janus ResearchPairCorr
  0.71JRAIX Janus ResearchPairCorr
  0.71JRANX Janus ResearchPairCorr
  0.71JRARX Janus Henderson ResearchPairCorr
  0.72JRASX Janus ResearchPairCorr
  0.67JAAGX Enterprise PortfolioPairCorr
  0.74JABAX Janus BalancedPairCorr
  0.76JABCX Janus BalancedPairCorr
  0.68JRSAX Intech Managed VolatilityPairCorr
  0.7JRSDX Intech Managed VolatilityPairCorr
  0.7JRSCX Intech Managed VolatilityPairCorr
  0.7JRSIX Intech Managed VolatilityPairCorr
  0.7JRSNX Intech Managed VolatilityPairCorr
  0.7JRSSX Intech Managed VolatilityPairCorr
  0.7JRSTX Intech Managed VolatilityPairCorr
  0.79JACNX Janus ContrarianPairCorr
  0.77JACTX Janus Forty FundPairCorr
  0.91JADFX Janus Flexible BondPairCorr
  0.72JADGX Janus Growth AndPairCorr
  0.76JABLX Balanced PortfolioPairCorr
  0.76JABNX Janus BalancedPairCorr
  0.76JABRX Janus BalancedPairCorr
  0.77JACAX Forty Portfolio InstPairCorr
  0.75JACCX Janus Forty FundPairCorr
  0.69JAENX Janus EnterprisePairCorr
  0.99JAFIX Janus Flexible BondPairCorr
  0.72JAGRX Research PortfolioPairCorr
  0.73JAGTX Janus Global TechnologyPairCorr
  0.72JAGCX Janus Global TechnologyPairCorr
  0.73JAGIX Janus Growth AndPairCorr
  0.78JAHYX Janus High YieldPairCorr
  0.65JAIGX Overseas PortfolioPairCorr
  0.76JANBX Janus BalancedPairCorr
  0.69JANEX Janus EnterprisePairCorr
  0.99JANFX Janus Flexible BondPairCorr
  0.74JANIX Janus TritonPairCorr
  0.72JANRX Janus Global SelectPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Flexible Mutual Fund performing well and Flexible Bond 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 Flexible Bond'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