Acap Strategic Correlations

Mutual Funds USA . 
Fund . Acap Strategic
XCWPX Fund  USD 20.92  0.26  1.26%   
The current 90-days correlation between Acap Strategic and Vanguard Total Stock is 0.62 (i.e., Poor diversification). The correlation of Acap Strategic 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.

Acap Strategic Correlation With Market

Very weak diversification

The correlation between Acap Strategic 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 Acap Strategic 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 Acap Strategic. 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 american community survey.

Moving together with Acap Mutual Fund

  0.99VTSAX Vanguard Total StockPairCorr
  0.99VFIAX Vanguard 500 IndexPairCorr
  0.99VTSMX Vanguard Total StockPairCorr
  0.99VITSX Vanguard Total StockPairCorr
  0.99VSTSX Vanguard Total StockPairCorr
  0.99VSMPX Vanguard Total StockPairCorr
  0.99VFINX Vanguard 500 IndexPairCorr
  0.99VFFSX Vanguard 500 IndexPairCorr
  0.98VGTSX Vanguard Total InterPairCorr
  0.98VTIAX Vanguard Total InterPairCorr
  0.72NHS Neuberger Berman HighPairCorr
  0.86PFE Pfizer IncPairCorr
  0.9AA Alcoa CorpPairCorr
  0.9DD Dupont De NemoursPairCorr
  0.97CSCO Cisco SystemsPairCorr
  0.92IBM International Business Earnings Call This WeekPairCorr
  0.96DIS Walt DisneyPairCorr
  0.82CVX Chevron CorpPairCorr
  0.98CAT CaterpillarPairCorr
  0.95BA BoeingPairCorr
  0.99MSFT MicrosoftPairCorr

Moving against Acap Mutual Fund

  0.58KO Coca Cola Earnings Call This WeekPairCorr
  0.4VZ Verizon Communications Earnings Call TomorrowPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Acap Mutual Fund performing well and Acap Strategic 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 Acap Strategic'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
VTSAX  0.66  0.12  0.11  0.27  0.54 
(0.76)
 2.07 
(1.17)
 5.05 
VFIAX  0.65  0.11  0.11  0.25  0.56 
(0.75)
 2.02 
(1.11)
 4.88 
VTSMX  0.66  0.12  0.12  0.26  0.55 
(0.75)
 2.08 
(1.17)
 5.04 
VITSX  0.66  0.12  0.11  0.26  0.55 
(0.75)
 2.07 
(1.17)
 5.05 
VSTSX  0.66  0.12  0.12  0.26  0.55 
(0.73)
 2.08 
(1.17)
 5.04 
VSMPX  0.66  0.12  0.12  0.26  0.55 
(0.75)
 2.08 
(1.17)
 5.04 
VFINX  0.66  0.12  0.11  0.26  0.54 
(0.77)
 2.02 
(1.11)
 4.88 
VFFSX  0.65  0.11  0.11  0.25  0.56 
(0.72)
 2.02 
(1.11)
 4.88 
VGTSX  0.46  0.15  0.11  0.52  0.17 
(0.52)
 1.31 
(0.84)
 3.09 
VTIAX  0.46  0.15  0.10  0.52  0.19 
(0.52)
 1.35 
(0.86)
 3.10 

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