Transamerica Multi-managed Correlations

TBLIX Fund

USD 35.90 0.04 0.11%

The correlation of Transamerica Multi-managed 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.

Check out World Market Map to better understand how to build diversified portfolios. 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 gross domestic product.

Moving together with Transamerica Mutual Fund

0.9	FBONX	American Funds American	Pair Corr
0.9	FBAFX	American Funds American	Pair Corr
0.9	ABALX	American Balanced	Pair Corr
0.9	BALCX	American Balanced	Pair Corr
0.9	BALFX	American Balanced	Pair Corr
0.9	RLBCX	American Balanced	Pair Corr
0.9	RLBBX	American Balanced	Pair Corr
0.9	CLBAX	American Balanced	Pair Corr
0.9	CLBEX	American Balanced	Pair Corr
0.9	RLBFX	American Balanced	Pair Corr
0.85	ASG	Liberty All Star	Pair Corr
0.85	IIF	Morgan Stanley India	Pair Corr
0.81	USA	Liberty All Star	Pair Corr
0.9	NFJ	Virtus Dividend Interest	Pair Corr

Moving against Transamerica Mutual Fund

0.57	MCD	McDonalds	Pair Corr
0.46	TRV	The Travelers Companies	Pair Corr
0.33	HPQ	HP Inc	Pair Corr

Related Correlations Analysis

	FLDFX	TOIIX	RTIUX	SNPTX	FREIX	ARTNX	CSPFX	MSTFX
FLDFX		0.96	0.98	0.99	0.99	0.97	0.98	0.98	FLDFX
TOIIX	0.96		0.97	0.97	0.95	0.95	0.98	0.97	TOIIX
RTIUX	0.98	0.97		0.97	0.95	0.97	0.97	1.0	RTIUX
SNPTX	0.99	0.97	0.97		0.98	0.98	1.0	0.97	SNPTX
FREIX	0.99	0.95	0.95	0.98		0.95	0.97	0.96	FREIX
ARTNX	0.97	0.95	0.97	0.98	0.95		0.99	0.96	ARTNX
CSPFX	0.98	0.98	0.97	1.0	0.97	0.99		0.97	CSPFX
MSTFX	0.98	0.97	1.0	0.97	0.96	0.96	0.97		MSTFX
	FLDFX	TOIIX	RTIUX	SNPTX	FREIX	ARTNX	CSPFX	MSTFX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Transamerica Mutual Fund performing well and Transamerica Multi-managed 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 Transamerica Multi-managed'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
FLDFX	0.38	0.16	(0.11)	(1.75)	0.11	(0.47)	1.27	(0.57)	2.84
TOIIX	0.49	0.18	0.07	0.72	0.15	(0.59)	1.17	(0.87)	3.25
RTIUX	0.45	0.22	0.00	(5.92)	0.11	(0.55)	1.17	(0.85)	2.99
SNPTX	0.58	0.09	0.08	0.31	0.17	(0.72)	1.86	(0.78)	4.47
FREIX	0.53	0.24	0.00	(1.38)	0.34	(0.60)	1.52	(0.71)	4.22
ARTNX	0.57	0.04	0.00	0.25	0.31	(0.66)	1.76	(1.03)	3.74
CSPFX	0.59	0.10	0.09	0.33	0.36	(0.70)	1.80	(1.15)	4.31
MSTFX	0.51	0.22	0.00	(3.51)	0.20	(0.63)	1.29	(0.81)	3.37

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

Transamerica Multi-managed Correlations

Moving together with Transamerica Mutual Fund

Moving against Transamerica Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY