Cohen Correlations

PSF Etf

USD 20.23 0.05 0.25%

The current 90-days correlation between Cohen and Steers and Rivernorth Opportunistic Municipalome is 0.27 (i.e., Modest diversification). The correlation of Cohen 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.

Cohen Correlation With Market

Significant diversification

The correlation between Cohen and Steers 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 Cohen and Steers and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Cohen Etf

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Cohen and Steers. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state.

Moving together with Cohen Etf

0.71	GBTC	Grayscale Bitcoin Trust	Pair Corr
0.86	USD	ProShares Ultra Semi	Pair Corr
0.73	DFEN	Direxion Daily Aerospace	Pair Corr
0.81	DUSL	Direxion Daily Indus	Pair Corr
0.82	DIG	ProShares Ultra Oil	Pair Corr
0.94	FNGO	MicroSectors FANG Index	Pair Corr
0.71	BPI	Grayscale Funds Trust	Pair Corr
0.7	TAXF	American Century Div	Pair Corr
0.97	BSCQ	Invesco BulletShares 2026	Pair Corr
0.78	EWG	iShares MSCI Germany	Pair Corr
0.7	INRO	BlackRock Industry	Pair Corr
0.86	GBIL	Goldman Sachs Access	Pair Corr
0.67	QQQI	NEOS Nasdaq 100 Sell-off Trend	Pair Corr
0.84	HDV	iShares Core High	Pair Corr
0.78	MBSF	Valued Advisers Trust	Pair Corr
0.69	FQAL	Fidelity Quality Factor	Pair Corr
0.62	FMDE	Fidelity Covington Trust	Pair Corr
0.83	DHSB	Strategy Shares	Pair Corr
0.75	FJP	First Trust Japan	Pair Corr
0.63	ESIX	SPDR SP SmallCap	Pair Corr
0.85	VOO	Vanguard SP 500 Sell-off Trend	Pair Corr
0.64	SGDJ	Sprott Junior Gold	Pair Corr
0.64	JIVE	JPMorgan International	Pair Corr
0.83	JEPI	JPMorgan Equity Premium Sell-off Trend	Pair Corr
0.84	VXUS	Vanguard Total Inter	Pair Corr
0.86	MINT	PIMCO Enhanced Short	Pair Corr
0.64	WCLD	WisdomTree Cloud Com	Pair Corr
0.84	VIOO	Vanguard SP Small	Pair Corr
0.96	XAR	SPDR SP Aerospace	Pair Corr
0.93	PXF	Invesco FTSE RAFI	Pair Corr
0.95	WBIF	WBI BullBear Value	Pair Corr
0.77	FTXR	First Trust Nasdaq	Pair Corr
0.97	IBMQ	iShares Trust	Pair Corr

Related Correlations Analysis

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.98	0.84	0.82	0.55	0.93	0.29	0.94	0.23	0.56	META
MSFT	0.98		0.87	0.85	0.52	0.89	0.29	0.96	0.24	0.55	MSFT
UBER	0.84	0.87		0.9	0.42	0.81	0.54	0.88	0.21	0.5	UBER
F	0.82	0.85	0.9		0.4	0.84	0.28	0.91	0.43	0.72	F
T	0.55	0.52	0.42	0.4		0.57	0.17	0.5	0.27	0.22	T
A	0.93	0.89	0.81	0.84	0.57		0.24	0.89	0.37	0.67	A
CRM	0.29	0.29	0.54	0.28	0.17	0.24		0.23	-0.26	-0.11	CRM
JPM	0.94	0.96	0.88	0.91	0.5	0.89	0.23		0.32	0.64	JPM
MRK	0.23	0.24	0.21	0.43	0.27	0.37	-0.26	0.32		0.55	MRK
XOM	0.56	0.55	0.5	0.72	0.22	0.67	-0.11	0.64	0.55		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

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

MSFT	+ 0.98	META
JPM	+ 0.96	MSFT
JPM	+ 0.94	META
A	+ 0.93	META
JPM	+ 0.91	F
F	+ 0.9	UBER

High negative correlations

MRK	- 0.26	CRM
XOM	- 0.11	CRM

Cohen Competition Risk-Adjusted Indicators

There is a big difference between Cohen Etf performing well and Cohen ETF 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 Cohen'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
META	1.51	0.26	0.21	0.32	1.10	(1.82)	3.99	(2.35)	10.48
MSFT	0.90	0.30	0.27	0.47	0.54	(1.09)	2.33	(1.08)	8.85
UBER	1.64	0.20	0.13	0.33	1.40	(2.08)	4.19	(2.54)	10.87
F	1.32	0.14	0.06	0.32	1.47	(1.42)	2.69	(2.61)	7.46
T	1.02	(0.05)	(0.10)	0.00	1.35	(1.06)	2.35	(2.35)	5.71
A	1.46	(0.07)	0.00	0.09	1.81	(1.51)	2.54	(2.89)	14.01
CRM	1.33	(0.13)	(0.04)	0.04	1.74	(1.28)	2.95	(3.19)	9.31
JPM	0.90	0.22	0.18	0.38	0.67	(1.02)	2.25	(1.36)	6.03
MRK	1.39	(0.09)	(0.05)	0.04	1.96	(1.32)	2.88	(3.31)	10.58
XOM	1.13	0.05	(0.04)	0.41	1.36	(1.15)	2.40	(2.58)	5.84

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