Foreign Value Correlations

Mutual Funds . USA . 
Fund . Foreign Value Fund
VCFVX Fund  USD 11.76  0.01  0.09%   
The current 90-days correlation between Foreign Value and Mid Cap Index is 0.54 (i.e., Very weak diversification). The correlation of Foreign Value 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.

Foreign Value Correlation With Market

Very weak diversification

The correlation between Foreign Value Fund and DJI is 0.51 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Foreign Value 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 Foreign Value 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 real.

Moving together with Foreign Mutual Fund

  0.93VMIDX Mid Cap IndexPairCorr
  0.97VMSGX Mid Cap StrategicPairCorr
  0.95VAPPX Valic Company IPairCorr
  0.95VSRDX Valic Company IPairCorr
  0.96VSTIX Stock Index FundPairCorr
  0.83VSSVX Small Cap SpecialPairCorr
  0.96VBCVX Broad Cap ValuePairCorr
  0.95VCAAX Asset AllocationPairCorr
  0.71VCBDX Valic Company IPairCorr
  0.96VCBCX Blue Chip GrowthPairCorr
  0.96VCGAX Growth IncomePairCorr
  0.96VCGEX Emerging EconomiesPairCorr
  0.99VCIEX International EquitiesPairCorr
  0.72VCIFX International GovernmentPairCorr
  0.96VCIGX Valic Company IPairCorr
  0.95VCINX International GrowthPairCorr
  0.96VCNIX Nasdaq 100 IndexPairCorr
  0.96VCSTX Science TechnologyPairCorr
  0.75VCTPX Inflation ProtectedPairCorr
  0.99VCSOX Global Social AwarenessPairCorr
  0.95VCSLX Small Cap IndexPairCorr
  0.96VCULX Growth Fund GrowthPairCorr
  0.97VDAFX Dynamic AllocationPairCorr
  0.94VVMCX Valic Company IPairCorr
  0.96VVSGX Valic Company IPairCorr
  0.9VVSCX Valic Company IPairCorr
  0.96VGCLX Valic Company IPairCorr
  0.98VGLSX Global StrategyPairCorr
  0.9VGREX Global Real EstatePairCorr
  0.96VHYLX Valic Company IPairCorr
  0.98VIOPX Valic Company IPairCorr
  0.96VLAGX Valic Company IPairCorr
  0.95VLCGX Large Capital GrowthPairCorr
  0.97VLSMX Valic Company IPairCorr
  0.99DOXFX Dodge Cox InternationalPairCorr
  0.99OANIX Oakmark InternationalPairCorr
  0.98DODFX Dodge International StockPairCorr
  0.99OAKIX Oakmark InternationalPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Foreign Mutual Fund performing well and Foreign Value 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 Foreign 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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
VMIDX  0.74  0.08  0.08  0.22  0.76 
(0.85)
 2.16 
(1.56)
 6.18 
VMSGX  0.79  0.19  0.18  0.32  0.63 
(0.93)
 2.37 
(1.36)
 5.47 
VAPPX  0.82  0.30  0.15 (1.96) 0.68 
(0.98)
 2.27 
(1.56)
 5.92 
VSRDX  0.67  0.27  0.13 (1.78) 0.49 
(0.81)
 1.92 
(1.52)
 4.31 
VSTIX  0.65  0.11  0.11  0.25  0.56 
(0.77)
 2.02 
(1.12)
 4.86 
VSSVX  0.99  0.00  0.01  0.13  1.00 
(1.13)
 2.38 
(1.75)
 6.32 
VBCVX  0.58  0.05  0.03  0.19  0.52 
(0.66)
 1.63 
(1.09)
 3.91 
VCAAX  0.43  0.07  0.02  0.25  0.33 
(0.52)
 1.37 
(0.85)
 3.15 
VCBDX  0.25  0.03 (0.31)(1.63) 0.17 
(0.32)
 0.52 
(0.41)
 1.46 
VCBCX  0.82  0.17  0.16  0.29  0.71 
(0.98)
 2.43 
(1.40)
 5.66 

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