Manning Napier Correlations

Mutual Funds . USA . 
Fund . Manning Napier Pro Blend
MNBWX Fund  USD 20.39  0.01  0.05%   
The current 90-days correlation between Manning Napier Pro and Pnc Emerging Markets is 0.55 (i.e., Very weak diversification). The correlation of Manning Napier 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.

Manning Napier Correlation With Market

Very poor diversification

The correlation between Manning Napier Pro Blend and DJI is 0.88 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Manning Napier Pro Blend 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 Manning Napier Pro Blend. 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 housing.

Moving together with Manning Mutual Fund

  0.95CEIIX Manning Napier CallodinePairCorr
  0.95CEIZX Manning Napier CallodinePairCorr
  0.95CEISX Manning Napier CallodinePairCorr
  0.69MNBAX Pro Blend ExtendedPairCorr
  1.0MNBIX Pro Blend ExtendedPairCorr
  0.87MNCPX Unconstrained Bond SeriesPairCorr
  0.73MNCRX Pro Blend ServativePairCorr
  0.97MNDFX Disciplined Value SeriesPairCorr
  1.0MNBRX Pro-blend(r) ExtendedPairCorr
  0.98MNCCX Pro Blend ServativePairCorr
  0.98MNCIX Pro-blend(r) ConservativePairCorr
  0.94MNDWX Manning Napier DiverPairCorr
  1.0MNECX Pro Blend ExtendedPairCorr
  0.97MNHCX Pro-blend(r) MaximumPairCorr
  0.96MNHAX High Yield BondPairCorr
  0.99MNHIX Pro Blend MaximumPairCorr
  0.99MNHRX Pro-blend(r) MaximumPairCorr
  0.97MNHWX Manning Napier ProPairCorr
  0.96MNHYX High Yield BondPairCorr
  0.98MNMIX Pro-blend(r) ModeratePairCorr
  1.0MNMRX Pro-blend(r) ModeratePairCorr
  1.0MNMWX Manning Napier ProPairCorr
  0.96MNOSX Manning Napier OverseasPairCorr
  0.84MNOWX Manning Napier OverseasPairCorr
  0.96MNOZX Manning Napier OverseasPairCorr
  0.95RAIIX Rainier InternationalPairCorr
  0.96RAIRX Rainier InternationalPairCorr
  0.96RAIWX Manning Napier RainierPairCorr
  0.84MCDIX Manning Napier CreditPairCorr
  0.66MCBWX Manning Napier CorePairCorr
  0.85MCDWX Manning Napier CreditPairCorr
  0.86MUBWX Manning Napier UnconPairCorr
  0.97MDFSX Disciplined Value SeriesPairCorr
  0.97MDVZX Manning Napier DisciPairCorr
  0.98EXBAX Pro-blend(r) ModeratePairCorr
  0.84EXCPX Unconstrained Bond SeriesPairCorr
  0.62EXCIX Core Bond SeriesPairCorr
  0.98EXDAX Pro-blend(r) ConservativePairCorr
  0.62EXCRX Core Bond SeriesPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Manning Mutual Fund performing well and Manning Napier 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 Manning Napier'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