Kopernik Global Correlations

Mutual Funds USA . 
Fund . Kopernik Global All Cap
KGGIX Fund  USD 15.23  0.08  0.53%   
The current 90-days correlation between Kopernik Global All and Omni Small Cap Value is 0.19 (i.e., Average diversification). The correlation of Kopernik Global 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.

Kopernik Global Correlation With Market

Average diversification

The correlation between Kopernik Global All Cap and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kopernik Global All Cap and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Correlation Analysis to better understand how to build diversified portfolios. 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 gross domestic product.

Moving together with Kopernik Mutual Fund

  1.0KGGAX Kopernik Global AllPairCorr
  0.75KGIIX Kopernik InternationalPairCorr
  1.0KGIRX Kopernik InternationalPairCorr
  0.97DISVX Dfa International SmallPairCorr
  0.85DFVQX Dfa International VectorPairCorr
  0.87FMNEX Free Market InternationalPairCorr
  0.94OAZEX Oakmark InternationalPairCorr
  0.84OAKEX Oakmark InternationalPairCorr
  0.65VTSAX Vanguard Total StockPairCorr
  0.64VFIAX Vanguard 500 IndexPairCorr
  0.65VTSMX Vanguard Total StockPairCorr
  0.65VSMPX Vanguard Total StockPairCorr
  0.65VSTSX Vanguard Total StockPairCorr
  0.63VITSX Vanguard Total StockPairCorr
  0.64VFINX Vanguard 500 IndexPairCorr
  0.66VFFSX Vanguard 500 IndexPairCorr
  0.65ASDAX Aamhimco Short DurationPairCorr
  0.75KAUIX Federated KaufmannPairCorr
  0.92RYTNX Sp 500 2xPairCorr
  0.61HMCNX Harbor Mid CapPairCorr
  0.88JCE Nuveen Core EquityPairCorr
  0.9PLGAX Largecap GrowthPairCorr
  0.63TGWRX Transamerica Large GrowthPairCorr
  0.64DSTIX Dreyfus Short TermPairCorr
  0.87TLYRX Tiaa Cref LifecyclePairCorr
  0.92TRTFX T Rowe PricePairCorr
  0.88GCBLX Green Century BalancedPairCorr
  0.68TMPRX Touchstone Mid CapPairCorr
  0.64CSFYX Columbia ConvertiblePairCorr
  0.92JSAIX Jpmorgan SmartretirementPairCorr
  0.67NSCRX Nuveen Nwq SmallPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Kopernik Mutual Fund performing well and Kopernik Global 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 Kopernik 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.

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