Us Government Correlations
| CGTFX Fund | USD 11.95 0.01 0.08% |
The current 90-days correlation between Us Government Securities and Vanguard Gnma Fund is 0.94 (i.e., Almost no diversification). The correlation of Us Government 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.
Us Government Correlation With Market
Good diversification
The correlation between Us Government Securities and DJI is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Us Government Securities and DJI in the same portfolio, assuming nothing else is changed.
CGTFX |
Moving together with CGTFX Mutual Fund
| 0.94 | FPPPX | American Funds Prese | PairCorr |
| 0.68 | TECCX | Tax Exempt Fund | PairCorr |
| 1.0 | AMUSX | Us Government Securities | PairCorr |
| 0.66 | FAX | Aberdeen Asia Pacific | PairCorr |
| 0.98 | FSUGX | American Funds Government | PairCorr |
| 0.98 | FSUUX | American Funds Government | PairCorr |
| 1.0 | CGTCX | Us Government Securities | PairCorr |
Moving against CGTFX Mutual Fund
| 0.72 | FAFGX | American Funds | PairCorr |
| 0.72 | GFACX | Growth Fund | PairCorr |
| 0.72 | GFAFX | Growth Fund | PairCorr |
| 0.72 | CGFEX | Growth Fund | PairCorr |
| 0.59 | WSHFX | Washington Mutual | PairCorr |
| 0.54 | AMFFX | American Mutual | PairCorr |
| 0.52 | AMFCX | American Mutual | PairCorr |
| 0.51 | FAHHX | American Funds American | PairCorr |
| 0.44 | FAUTX | American Funds 2040 | PairCorr |
| 0.34 | CWGCX | Capital World Growth | PairCorr |
| 0.72 | CGFFX | Growth Fund | PairCorr |
| 0.72 | CGFCX | Growth Fund | PairCorr |
| 0.72 | CGFAX | Growth Fund | PairCorr |
| 0.72 | FFAFX | American Funds | PairCorr |
| 0.71 | FUNFX | American Funds Funda | PairCorr |
| 0.5 | REITX | American Funds 2050 | PairCorr |
| 0.49 | FTAHX | American Funds American | PairCorr |
| 0.48 | AAGTX | American Funds 2040 | PairCorr |
| 0.47 | FBHTX | American Funds 2045 | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between CGTFX Mutual Fund performing well and Us Government 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 Us Government'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 Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VFIJX | 0.23 | (0.04) | 0.00 | 2.59 | 0.00 | 0.32 | 1.20 | |||
| VSIGX | 0.19 | (0.03) | 0.00 | 0.95 | 0.00 | 0.35 | 1.04 | |||
| UGSFX | 0.23 | (0.04) | 0.00 | 1.37 | 0.00 | 0.34 | 1.31 | |||
| AMUSX | 0.22 | (0.04) | 0.00 | 1.43 | 0.00 | 0.34 | 1.31 | |||
| FSUGX | 0.22 | (0.05) | 0.00 | (0.63) | 0.00 | 0.34 | 1.31 | |||
| UGSCX | 0.21 | (0.04) | 0.00 | 1.34 | 0.00 | 0.34 | 1.24 | |||
| FSUUX | 0.22 | (0.04) | 0.00 | (0.55) | 0.00 | 0.34 | 1.23 | |||
| VMBSX | 0.24 | (0.03) | 0.00 | 0.89 | 0.00 | 0.43 | 1.37 | |||
| VFIIX | 0.22 | (0.04) | 0.00 | 2.25 | 0.00 | 0.32 | 1.20 | |||
| FUTBX | 0.21 | (0.04) | 0.00 | 0.70 | 0.00 | 0.45 | 1.26 |