Cambria Value Correlations

VAMO Etf

USD 33.61 0.08 0.24%

The current 90-days correlation between Cambria Value and Strategy Shares is 0.52 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cambria Value moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cambria Value and moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Cambria Value Correlation With Market

Poor diversification

The correlation between Cambria Value and and DJI is 0.64 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cambria Value and and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Cambria Etf

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Cambria Value and. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry.

Moving together with Cambria Etf

0.61	ADME	Aptus Drawdown Managed	Pair Corr
0.67	GTR	WisdomTree Target Range	Pair Corr
0.68	VTV	Vanguard Value Index	Pair Corr
0.71	VO	Vanguard Mid Cap	Pair Corr
0.74	VB	Vanguard Small Cap	Pair Corr

Related Correlations Analysis

	DHSB	MBOX	DIEM	MCHI	DIPS	DISO	DIVB	DIVD	DIVG
DHSB		0.34	0.86	0.41	-0.59	-0.23	0.66	0.54	0.32	DHSB
MBOX	0.34		0.14	0.68	0.14	0.09	0.77	0.37	0.83	MBOX
DIEM	0.86	0.14		0.44	-0.73	-0.27	0.45	0.5	0.04	DIEM
MCHI	0.41	0.68	0.44		-0.34	0.12	0.55	0.11	0.45	MCHI
DIPS	-0.59	0.14	-0.73	-0.34		0.0	-0.2	-0.14	0.2	DIPS
DISO	-0.23	0.09	-0.27	0.12	0.0		0.13	-0.27	0.08	DISO
DIVB	0.66	0.77	0.45	0.55	-0.2	0.13		0.59	0.79	DIVB
DIVD	0.54	0.37	0.5	0.11	-0.14	-0.27	0.59		0.37	DIVD
DIVG	0.32	0.83	0.04	0.45	0.2	0.08	0.79	0.37		DIVG
	DHSB	MBOX	DIEM	MCHI	DIPS	DISO	DIVB	DIVD	DIVG

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

DIEM	+ 0.86	DHSB
DIVG	+ 0.83	MBOX
DIVG	+ 0.79	DIVB
DIVB	+ 0.77	MBOX
MCHI	+ 0.68	MBOX
DIVB	+ 0.66	DHSB

High negative correlations

DIPS	- 0.73	DIEM
DIPS	- 0.59	DHSB
DIPS	- 0.34	MCHI
DIVD	- 0.27	DISO
DISO	- 0.27	DIEM
DISO	- 0.23	DHSB

Cambria Value Constituents Risk-Adjusted Indicators

There is a big difference between Cambria Etf performing well and Cambria Value ETF 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 Cambria Value'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
DHSB	0.16	0.00	(0.14)	0.07	0.18	(0.16)	0.39	(0.43)	1.12
MBOX	0.52	(0.02)	(0.06)	0.03	0.60	(0.61)	1.17	(1.08)	3.23
DIEM	0.59	0.05	0.04	0.13	0.85	(0.58)	1.14	(1.19)	4.59
MCHI	1.02	0.00	(0.01)	0.06	1.40	(1.05)	1.74	(1.66)	8.40
DIPS	1.40	0.12	0.01	(0.09)	1.98	(1.40)	2.90	(3.20)	8.89
DISO	0.88	(0.17)	0.00	(0.10)	0.00	0.00	1.66	(1.46)	8.66
DIVB	0.52	(0.03)	(0.05)	0.03	0.69	(0.51)	1.04	(1.07)	3.36
DIVD	0.48	0.01	(0.02)	0.08	0.47	(0.55)	1.26	(0.85)	2.82
DIVG	0.52	(0.03)	(0.07)	0.02	0.69	(0.52)	0.97	(1.17)	2.82

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