Usaa Tax Correlations

Mutual Funds . USA . 
Fund . Usaa Tax Exempt
UITIX Fund  USD 12.65  0.01  0.08%   
The current 90-days correlation between Usaa Tax Exempt and Putnam Global Technology is 0.18 (i.e., Average diversification). The correlation of Usaa Tax 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.

Usaa Tax Correlation With Market

Good diversification

The correlation between Usaa Tax Exempt and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Usaa Tax Exempt 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 Usaa Tax Exempt. 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 Usaa Mutual Fund

  0.98UINCX Income Fund IncomePairCorr
  0.91UINQX Usaa Nasdaq 100PairCorr
  0.92SRVEX Victory Diversified StockPairCorr
  0.98UITBX Intermediate Term BondPairCorr
  0.98UITCX Usaa Intermediate TermPairCorr
  0.99GUTEX Victory Tax ExemptPairCorr
  0.62SBFCX Victory Incore InvestmentPairCorr
  0.69SBFMX Victory PortfoliosPairCorr
  0.64MMECX Victory IntegrityPairCorr
  0.65MMEAX Victory IntegrityPairCorr
  0.66MMMMX Victory IntegrityPairCorr
  1.0ULTIX Usaa Tax ExemptPairCorr
  0.92MNNAX Victory Munder MultiPairCorr
  0.93IPFIX Victory IncorePairCorr
  0.94RSDYX Victory Incore LowPairCorr
  0.87RSEGX Victory Rs SmallPairCorr
  0.8RSDGX Victory Rs SelectPairCorr
  0.9RSGGX Victory Rs GlobalPairCorr
  0.79RSGFX Victory Rs SelectPairCorr
  0.92RSGRX Victory Rs GrowthPairCorr
  0.94RSIFX Victory Rs SciencePairCorr
  0.72RSIGX Victory Rs InternationalPairCorr
  0.84RSNRX Victory Global NaturalPairCorr
  0.86RSNYX Victory Global NaturalPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Usaa Mutual Fund performing well and Usaa Tax 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 Usaa Tax'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