Teberg Fund Correlations

Mutual Funds . USA . 
Fund . The Teberg Fund
TEBRX Fund  USD 26.00  0.10  0.38%   
The current 90-days correlation between Teberg Fund and Federated Mdt Balanced is -0.11 (i.e., Good diversification). The correlation of Teberg Fund 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.

Teberg Fund Correlation With Market

Good diversification

The correlation between The Teberg Fund 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 The Teberg Fund 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 The Teberg Fund. 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 metropolitan statistical area.

Moving together with Teberg Mutual Fund

  1.0ABSTX Allianzgi Best StylesPairCorr
  0.96PAALX All Asset FundPairCorr
  0.96PATRX Pimco All AssetPairCorr
  0.96PAAIX All Asset FundPairCorr
  0.96PALPX Pimco All AssetPairCorr
  0.94PASAX All Asset FundPairCorr
  0.96PASCX All Asset FundPairCorr
  0.96PAANX Pimco All AssetPairCorr
  0.93PAUPX Pimco All AssetPairCorr
  0.93PAUIX Pimco All AssetPairCorr
  1.0VSTSX Vanguard Total StockPairCorr
  1.0VSMPX Vanguard Total StockPairCorr
  0.98VITSX Vanguard Total StockPairCorr
  1.0VFFSX Vanguard 500 IndexPairCorr
  0.98VFIAX Vanguard 500 IndexPairCorr
  0.98VTISX Vanguard Total InterPairCorr
  0.98VTSNX Vanguard Total InterPairCorr
  0.97VTPSX Vanguard Total InterPairCorr
  0.98VINIX Vanguard InstitutionalPairCorr
  1.0VTSAX Vanguard Total StockPairCorr
  0.98VEXMX Vanguard Extended MarketPairCorr
  0.96MOGLX Gabelli Media MogulPairCorr
  0.97SXMAX Saat Moderate StrategyPairCorr
  0.64JRVXX Jpmorgan Trust IPairCorr
  0.97HSMNX Horizon Defensive SmmdPairCorr
  0.98ARBIX Absolute ConvertiblePairCorr
  0.98VFINX Vanguard 500 IndexPairCorr
  0.95BMSCX Blackrock Secured CreditPairCorr
  0.62BAGPX Blackrock Gwth PtfPairCorr
  0.96TSDUX Ultra Short TermPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Teberg Mutual Fund performing well and Teberg Fund 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 Teberg Fund'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
QIBGX  0.33  0.08 (0.05) 0.39  0.00 
(0.38)
 0.81 
(0.52)
 2.85 
TRRNX  0.42  0.18 (0.01)(1.88) 0.26 
(0.50)
 1.19 
(0.85)
 3.67 
TEBRX  0.63  0.24  0.06 (4.33) 0.50 
(0.70)
 1.88 
(1.27)
 4.60 
BCIAX  0.11  0.01 (0.81)(0.27) 0.00 
(0.16)
 0.27 
(0.18)
 0.74 
ARDEX  0.57  0.02 (0.03) 0.20  0.63 
(0.67)
 1.36 
(0.99)
 3.97 
QCELX  0.56  0.14  0.12  0.41  0.00 
(0.70)
 1.23 
(0.73)
 4.81 
PLUDX  0.06  0.01 (1.42) 0.88  0.00 
(0.15)
 0.10 
(0.10)
 0.51 
RYVIX  1.52  0.21  0.00 (0.55) 1.68 
(1.69)
 3.50 
(3.10)
 8.56 
PINCX  0.23  0.02 (0.43) 0.93  0.19 
(0.29)
 0.40 
(0.40)
 1.20 
RBOFX  0.19  0.01 (0.65) 0.64  0.16 
(0.22)
 0.40 
(0.40)
 1.04 

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