Blackrock Lifepath Correlations
| LPVIX Fund | USD 21.33 0.27 1.28% |
The current 90-days correlation between Blackrock Lifepath and John Hancock Variable is 0.04 (i.e., Significant diversification). The correlation of Blackrock Lifepath 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.
Blackrock |
Moving together with Blackrock Mutual Fund
| 1.0 | VFFVX | Vanguard Target Reti | PairCorr |
| 1.0 | FAJTX | American Funds 2055 | PairCorr |
| 0.89 | AAMTX | American Funds 2055 | PairCorr |
| 1.0 | FTYPX | Fidelity Freedom Index | PairCorr |
| 0.92 | PDI | Pimco Dynamic Income | PairCorr |
| 0.96 | FTCAX | Templeton Strained Bond | PairCorr |
| 0.94 | PSHAX | Short Term Fund | PairCorr |
| 1.0 | DQIYX | Dreyfus Equity Income | PairCorr |
| 0.97 | FFFCX | Fidelity Freedom 2010 | PairCorr |
| 0.95 | FISVX | Fidelity Small Cap | PairCorr |
| 0.95 | RIVKX | American Funds Inter | PairCorr |
| 0.99 | CSRYX | Columbia Select Large | PairCorr |
| 0.97 | FDEGX | Fidelity Growth Stra | PairCorr |
| 0.96 | SPSDX | Sterling Capital Beh | PairCorr |
| 0.9 | BA | Boeing Earnings Call This Week | PairCorr |
| 0.63 | IBM | International Business | PairCorr |
Moving against Blackrock Mutual Fund
| 0.98 | USPSX | Profunds Ultrashort Potential Growth | PairCorr |
| 0.98 | USPIX | Profunds Ultrashort Potential Growth | PairCorr |
| 0.96 | UIPIX | Ultrashort Mid Cap | PairCorr |
| 0.31 | HPQ | HP Inc | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Blackrock Mutual Fund performing well and Blackrock Lifepath 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 Blackrock Lifepath'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| JAFWX | 0.12 | 0.00 | (1.17) | 0.03 | 0.09 | 0.17 | 0.60 | |||
| UIGSX | 0.21 | 0.01 | (0.71) | 0.50 | 0.17 | 0.46 | 1.14 | |||
| SEGXX | 0.03 | 0.01 | 0.00 | 5.03 | 0.00 | 0.00 | 1.01 | |||
| FCSCX | 0.06 | 0.00 | (1.42) | 1.82 | 0.00 | 0.13 | 0.53 | |||
| PBMXX | 0.03 | 0.00 | 0.00 | 0.62 | 0.00 | 0.00 | 1.01 | |||
| DBBXX | 0.03 | 0.01 | 0.00 | 5.03 | 0.00 | 0.00 | 1.01 | |||
| LGRXX | 0.03 | 0.00 | 0.00 | 0.24 | 0.00 | 0.00 | 1.01 |