Thompson Bond Correlations

Mutual Funds . USA . 
Fund . Thompson Bond Fund
THOPX Fund  USD 10.57  0.01  0.09%   
The current 90-days correlation between Thompson Bond and Tcw Total Return is 0.72 (i.e., Poor diversification). The correlation of Thompson Bond 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.

Thompson Bond Correlation With Market

Modest diversification

The correlation between Thompson Bond Fund and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Thompson Bond 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 Thompson Bond 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 american community survey.

Moving together with Thompson Mutual Fund

  0.92THPGX Thompson LargecapPairCorr
  0.87THPMX Thompson MidcapPairCorr
  0.78VBIRX Vanguard Short TermPairCorr
  0.87VFSUX Vanguard Short TermPairCorr
  0.95VFSIX Vanguard Short TermPairCorr
  0.95VFSTX Vanguard Short TermPairCorr
  0.9VBITX Vanguard Short TermPairCorr
  0.9VBISX Vanguard Short TermPairCorr
  0.92LALDX Lord Abbett ShortPairCorr
  0.97VSCSX Vanguard Short TermPairCorr
  0.94LDLAX Lord Abbett ShortPairCorr
  0.93LDLRX Lord Abbett ShortPairCorr
  0.9CPAYX Columbia Pacific/asiaPairCorr
  0.93CASAX Columbia Pacific/asiaPairCorr
  0.78CCCZX Center St BrookfieldPairCorr
  0.92CASCX Columbia PacificasiaPairCorr
  0.85MGHRX Morgan Stanley Insti Steady GrowthPairCorr
  0.85MSEQX Growth Portfolio Class Steady GrowthPairCorr
  0.85MSHLX Growth Portfolio Class Steady GrowthPairCorr
  0.89AWF AlliancebernsteinPairCorr
  0.86HSCVX Hunter Small CapPairCorr
  0.89TASZX Third Avenue SmallPairCorr
  0.84ICELX Mainstay Epoch InterPairCorr
  0.91FDCPX Computers PortfolioPairCorr
  0.92JRI Nuveen Real AssetPairCorr
  0.87GSCZX Small Cap EquityPairCorr
  0.94JAFSX John Hancock VariablePairCorr
  0.89JHBLX Jhancock Multi IndexPairCorr
  0.88BBVSX Bridge Builder SmallmidPairCorr
  0.84MSPTX Global Advantage Por Steady GrowthPairCorr
  0.88MMGPX Msvif Mid Cap Steady GrowthPairCorr
  0.86BFCAX American Funds PoratePairCorr
  0.92JRTDX Multi Index 2025PairCorr
  0.95FTDWX Fidelity Asset ManagerPairCorr
  0.8GOPIX Aberdeen China OpptyPairCorr
  0.82ISMOX Voya Midcap OpportunitiesPairCorr
  0.91RLGAX Riverfront Dynamic EquityPairCorr
  0.91PMADX Pacific Funds PortfolioPairCorr
  0.95ITTSX Hartford BalancedPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Thompson Mutual Fund performing well and Thompson Bond 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 Thompson Bond'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