1919 Financial Correlations

SFSLX Fund

USD 26.08 0.02 0.08%

The current 90-days correlation between 1919 Financial Services and Access Flex High is -0.05 (i.e., Good diversification). The correlation of 1919 Financial 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.

1919 Financial Correlation With Market

Good diversification

The correlation between 1919 Financial Services and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding 1919 Financial Services and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 1919 Financial Services. 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 bureau of economic analysis.

Moving together with 1919 Mutual Fund

0.81	VFAIX	Vanguard Financials Index	Pair Corr
0.9	FRBCX	Regional Bank	Pair Corr
0.9	JRGRX	Regional Bank	Pair Corr
0.89	PRISX	T Rowe Price	Pair Corr
0.89	FIDCX	Financial Industries	Pair Corr
0.89	JFDRX	Financial Industries	Pair Corr
0.89	TFIFX	T Rowe Price	Pair Corr
0.8	DVFYX	Davis Financial	Pair Corr
0.86	RPFGX	Davis Financial	Pair Corr
0.87	DFFCX	Davis Financial	Pair Corr
0.66	RYMEX	Commodities Strategy	Pair Corr
0.66	RYMJX	Commodities Strategy	Pair Corr
0.73	BRUFX	Bruce Fund Bruce	Pair Corr
0.82	SPGSX	State Street Premier	Pair Corr
0.7	KF	Korea Closed	Pair Corr
0.61	EMF	Templeton Emerging	Pair Corr
0.91	BAC	Bank of America Aggressive Push	Pair Corr
0.7	HD	Home Depot Earnings Call Today	Pair Corr
0.74	AA	Alcoa Corp	Pair Corr
0.68	GE	GE Aerospace	Pair Corr
0.83	AXP	American Express Sell-off Trend	Pair Corr
0.83	CAT	Caterpillar	Pair Corr
0.84	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.76	IBM	International Business	Pair Corr
0.8	MMM	3M Company	Pair Corr
0.77	JPM	JPMorgan Chase	Pair Corr
0.85	HPQ	HP Inc Earnings Call This Week	Pair Corr

Moving against 1919 Mutual Fund

0.6

SAEXX

State Street Institu

Pair Corr

Related Correlations Analysis

	FYAIX	AGDZX	PARJX	TRRJX	PARKX	SGYAX	CABIX
FYAIX		0.95	0.86	0.95	0.85	0.95	0.87	FYAIX
AGDZX	0.95		0.84	0.91	0.83	0.99	0.81	AGDZX
PARJX	0.86	0.84		0.91	1.0	0.85	0.83	PARJX
TRRJX	0.95	0.91	0.91		0.91	0.91	0.88	TRRJX
PARKX	0.85	0.83	1.0	0.91		0.83	0.81	PARKX
SGYAX	0.95	0.99	0.85	0.91	0.83		0.78	SGYAX
CABIX	0.87	0.81	0.83	0.88	0.81	0.78		CABIX
	FYAIX	AGDZX	PARJX	TRRJX	PARKX	SGYAX	CABIX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between 1919 Mutual Fund performing well and 1919 Financial 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 1919 Financial'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
FYAIX	0.36	0.00	0.12	(0.15)	0.56	(0.33)	0.67	(0.86)	4.34
AGDZX	0.21	0.00	0.12	0.10	0.32	(0.28)	0.58	(0.44)	1.76
PARJX	0.57	0.03	0.06	0.00	0.93	(0.53)	1.04	(1.20)	5.61
TRRJX	0.81	0.01	0.05	(0.19)	1.34	(0.75)	1.55	(1.81)	8.11
PARKX	0.80	0.05	0.05	0.00	1.35	(0.73)	1.56	(1.78)	8.13
SGYAX	0.21	0.00	0.12	(0.30)	0.31	(0.29)	0.58	(0.57)	1.72
CABIX	0.43	0.02	0.12	(0.46)	0.59	(0.46)	0.93	(0.91)	3.47

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