Asset Allocation Correlations

Mutual Funds . USA . 
Fund . Asset Allocation Fund
VCAAX Fund  USD 12.14  0.03  0.25%   
The current 90-days correlation between Asset Allocation and Ab Bond Inflation is -0.06 (i.e., Good diversification). The correlation of Asset Allocation 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.

Asset Allocation Correlation With Market

Almost no diversification

The correlation between Asset Allocation Fund and DJI is 0.96 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Asset Allocation 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 Asset Allocation 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 nation.

Moving together with Asset Mutual Fund

  0.98VMIDX Mid Cap IndexPairCorr
  0.99VMSGX Mid Cap StrategicPairCorr
  0.99VAPPX Valic Company IPairCorr
  0.99VSRDX Valic Company IPairCorr
  1.0VSTIX Stock Index FundPairCorr
  0.92VSSVX Small Cap SpecialPairCorr
  0.99VBCVX Broad Cap ValuePairCorr
  0.99VCBCX Blue Chip GrowthPairCorr
  0.99VCGAX Growth IncomePairCorr
  0.97VCGEX Emerging EconomiesPairCorr
  0.92VCFVX Foreign ValuePairCorr
  0.92VCIEX International EquitiesPairCorr
  0.75VCIFX International GovernmentPairCorr
  0.99VCIGX Valic Company IPairCorr
  0.94VCINX International GrowthPairCorr
  0.99VCNIX Nasdaq 100 IndexPairCorr
  0.99VCSTX Science TechnologyPairCorr
  0.93VCSOX Global Social AwarenessPairCorr
  0.99VCULX Growth Fund GrowthPairCorr
  0.95VVMCX Valic Company IPairCorr
  0.99VVSGX Valic Company IPairCorr
  0.94VVSCX Valic Company IPairCorr
  0.99VGCLX Valic Company IPairCorr
  0.99VGLSX Global StrategyPairCorr
  0.87VGREX Global Real EstatePairCorr
  0.96VHYLX Valic Company IPairCorr
  0.96VIOPX Valic Company IPairCorr
  0.99VLAGX Valic Company IPairCorr
  0.99VLCGX Large Capital GrowthPairCorr
  0.96VLSMX Valic Company IPairCorr
  0.99FBONX American Funds AmericanPairCorr
  0.99FBAFX American Funds AmericanPairCorr
  0.96ABALX American BalancedPairCorr
  0.96BALCX American BalancedPairCorr
  1.0BALFX American BalancedPairCorr
  1.0RLBCX American BalancedPairCorr
  1.0RLBBX American BalancedPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Asset Mutual Fund performing well and Asset Allocation 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 Asset Allocation'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