Wcm China Correlations

Mutual Funds . USA . 
Fund . Wcm China Quality
WCMCX Fund  USD 10.38  0.10  0.97%   
The current 90-days correlation between Wcm China Quality and Omni Small Cap Value is 0.22 (i.e., Modest diversification). The correlation of Wcm China 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.

Wcm China Correlation With Market

Weak diversification

The correlation between Wcm China Quality and DJI is 0.35 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Wcm China Quality and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wcm China Quality. 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 main economic indicators.

Moving together with Wcm Mutual Fund

  0.88WCFEX Investment ManagersPairCorr
  0.88WCFOX Wcm Focused InternationalPairCorr
  0.88WCMOX Wcm Focused InternationalPairCorr
  0.93WCMNX Wcm Small CapPairCorr
  0.93WCMLX Wcm Small CapPairCorr
  0.91WCMJX Wcm Focused SmallPairCorr
  0.88WCMWX Investment ManagersPairCorr
  0.89WCMVX Wcm Focused InternationalPairCorr
  0.87WCMSX Wcm International SmallPairCorr
  0.86WCMRX Wcm Focused InternationalPairCorr
  0.86WCMIX Wcm Focused InternationalPairCorr
  0.86WCMGX Wcm Focused GlobalPairCorr
  0.91WCMFX Wcm Focused SmallPairCorr
  0.92WCMEX Wcm Focused EmergingPairCorr
  1.0WCQGX Wcm China Quality Steady GrowthPairCorr
  0.9WFEMX Wcm Focused EmergingPairCorr
  0.88WFGGX Wcm Focused GlobalPairCorr
  0.88WLIVX Wcm Focused InternationalPairCorr
  0.89WMIDX Wcm Mid CapPairCorr
  0.9WMVYX Wcm Mid CapPairCorr
  0.92FHKTX Fidelity China Region Steady GrowthPairCorr
  0.92FCHKX Fidelity China Region Steady GrowthPairCorr
  0.92FHKAX Fidelity China Region Steady GrowthPairCorr
  0.94FHKIX Fidelity China Region Steady GrowthPairCorr
  0.92FIQFX Fidelity China Region Steady GrowthPairCorr
  0.94FHKCX Fidelity China Region Steady GrowthPairCorr
  0.95MICFX Matthews China Steady GrowthPairCorr
  0.95MCHFX Matthews China Steady GrowthPairCorr
  0.83PFN Pimco Income StrategyPairCorr
  0.85CIF Mfs Intermediate HighPairCorr
  0.88PCF Putnam High IncomePairCorr
  0.89ICMPX Lazard InternationalPairCorr
  0.89TADAX Transamerica GrowthPairCorr
  0.88APHUX Artisan Floating RatePairCorr

Moving against Wcm Mutual Fund

  0.37XDSMX Dreyfus StrategicPairCorr
  0.35XNBHX Neuberger Berman IntPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Wcm Mutual Fund performing well and Wcm China 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 Wcm China'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