Floating Rate Correlations

Mutual Funds . USA . 
Fund . Floating Rate Fund
LARCX Fund  USD 8.06  0.04  0.50%   
The current 90-days correlation between Floating Rate and Abbey Capital Futures is -0.04 (i.e., Good diversification). The correlation of Floating Rate 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.

Floating Rate Correlation With Market

Significant diversification

The correlation between Floating Rate Fund and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Floating Rate Fund and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Floating Rate Fund. 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 interest.

Moving together with Floating Mutual Fund

  0.83ELMFX Lord Abbett TrustPairCorr
  0.83ELMCX Lord Abbett TrustPairCorr
  0.64LGLSX L Abbett GrowthPairCorr
  0.69LHCCX Lord Abbett HealthPairCorr
  0.7LIGFX Lord Abbett DiversifiedPairCorr
  0.75LOISX Lord Abbett IntermediatePairCorr
  0.98LRRKX Floating RatePairCorr
  0.83LACFX Lord Abbett VertiblePairCorr
  0.84LAIIX Lord Abbett IntermediatePairCorr
  0.82LBCQX Lord Abbett VertiblePairCorr
  0.74LBDFX Lord Abbett BondPairCorr
  0.75LSYIX Lord Abbett ShortPairCorr
  0.76LSYFX Lord Abbett ShortPairCorr
  0.86LSYNX Lord Abbett ShortPairCorr
  0.9LCDIX Lord Abbett EmergingPairCorr
  0.75LCFYX Lord Abbett ConvertiblePairCorr
  0.79CALAX Lord Abbett CaliforniaPairCorr
  0.89LDLVX Lord Abbett ShortPairCorr
  0.61OOSYX Oppenheimer SeniorPairCorr
  0.96OOSIX Oppenheimer SeniorPairCorr
  1.0LFRIX Floating RatePairCorr
  1.0LFRRX Lord Abbett InvPairCorr
  0.99LFRFX Floating RatePairCorr
  0.99LRRRX Floating RatePairCorr
  0.99LRRTX Floating RatePairCorr
  0.99LRRVX Floating RatePairCorr
  0.79DXQLX Direxion Monthly NasdaqPairCorr
  0.78RYVLX Nasdaq 100 2xPairCorr
  0.78RYVYX Nasdaq 100 2xPairCorr
  0.81UOPIX Ultra Nasdaq 100PairCorr
  0.78RYCCX Nasdaq 100 2xPairCorr
  0.74UOPSX Ultranasdaq 100 ProfundPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Floating Mutual Fund performing well and Floating Rate 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 Floating Rate'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