Wilshire Income Correlations

Mutual Funds . USA . 
Fund . Wilshire Income Opport
WIORX Fund  USD 9.04  0.01  0.11%   
The current 90-days correlation between Wilshire Income Opport and Small Pany Growth is 0.15 (i.e., Average diversification). The correlation of Wilshire Income 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.

Wilshire Income Correlation With Market

Average diversification

The correlation between Wilshire Income Opport and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Wilshire Income Opport 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 Wilshire Income Opport. 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 metropolitan statistical area.

Moving together with Wilshire Mutual Fund

  0.79WSMGX Small Pany GrowthPairCorr
  0.86WSMVX Small Pany ValuePairCorr
  0.87WFIVX Wilshire 5000 IndexPairCorr
  0.98WIOPX Wilshire Income OpportPairCorr
  0.87WINDX Wilshire 5000 IndexPairCorr
  0.86WLCGX Large Pany GrowthPairCorr
  0.84WLCVX Large Pany ValuePairCorr
  0.86DTLGX Wilshire LargePairCorr
  0.84DTLVX Large Pany ValuePairCorr
  0.86DTSVX Small Pany ValuePairCorr
  0.79DTSGX Small Pany GrowthPairCorr
  0.87WLTTX Wilshire InternationalPairCorr
  0.96PONAX Pimco IncomePairCorr
  0.96PONCX Pimco IncomePairCorr
  0.96PIPNX Pimco IncomePairCorr
  0.99PONRX Pimco IncomePairCorr
  0.99PONPX Pimco Incme FundPairCorr
  0.99PIINX Pimco IncomePairCorr
  0.96PIMIX Pimco IncomePairCorr
  0.94LBNDX Lord Abbett BondPairCorr
  0.94FSTAX Fidelity Advisor StrPairCorr
  0.96FSRIX Fidelity Advisor StrPairCorr
  0.89SMPSX Semiconductor UltrasectorPairCorr
  0.89SMPIX Semiconductor UltrasectorPairCorr
  0.75EMO Clearbridge Energy MlpPairCorr
  0.86RSNYX Victory Global NaturalPairCorr
  0.86RSNRX Victory Global NaturalPairCorr
  0.82JHJAX John Hancock EsgPairCorr
  0.87LPCNX Blackrock LifepathPairCorr
  0.86FSTGX Fidelity IntermediatePairCorr
  0.8HAGIX Eagle Mid CapPairCorr
  0.87PGIEX Putnam Global IndustrialsPairCorr
  0.85BWVAX Sterling Capital WestPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Wilshire Mutual Fund performing well and Wilshire Income 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 Wilshire Income'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
WSMGX  0.85  0.05  0.05  0.21  0.84 
(0.98)
 2.14 
(1.52)
 5.51 
WSMVX  0.95  0.11  0.11  0.26  0.83 
(1.14)
 2.36 
(1.82)
 6.34 
WFIVX  0.62  0.12  0.12  0.30  0.35 
(0.73)
 2.08 
(0.84)
 5.03 
WIORX  0.15  0.03 (0.65) 0.90  0.00 
(0.21)
 0.34 
(0.23)
 0.79 
WIOPX  0.16  0.04 (0.57) 4.23  0.00 
(0.20)
 0.34 
(0.34)
 0.80 
WINDX  0.62  0.12  0.12  0.30  0.36 
(0.73)
 2.07 
(0.80)
 4.99 
WLCGX  0.83  0.23  0.23  0.42  0.36 
(1.05)
 2.50 
(1.39)
 5.67 
WLCVX  0.59  0.05  0.02  0.23  0.45 
(0.67)
 1.66 
(1.05)
 4.32 
WLCTX  1,032  507.98  916.23  5.52  0.00 
(864.79)
 1.60 
(0.81)
 2.94 
DTLGX  0.82  0.22  0.23  0.40  0.36 
(1.02)
 2.49 
(1.39)
 5.64 

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