Consumer Staples Correlations

FDFAX Fund

USD 99.11 0.54 0.55%

The current 90-days correlation between Consumer Staples Por and Consumer Discretionary Portfolio is 0.28 (i.e., Modest diversification). The correlation of Consumer Staples 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.

Consumer Staples Correlation With Market

Significant diversification

The correlation between Consumer Staples Portfolio and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Consumer Staples Portfolio and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Consumer Staples Portfolio. 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 nation.

Moving together with Consumer Mutual Fund

0.65	BG	Bunge Limited	Pair Corr
0.8	CL	Colgate Palmolive Fiscal Year End 24th of January 2025	Pair Corr
0.65	DG	Dollar General	Pair Corr
0.84	EL	Estee Lauder Companies	Pair Corr
0.78	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.62	UG	United Guardian	Pair Corr
0.76	UL	Unilever PLC ADR	Pair Corr
0.66	DLTR	Dollar Tree	Pair Corr
0.75	ADM	Archer Daniels Midland	Pair Corr

Moving against Consumer Mutual Fund

0.68	LW	Lamb Weston Holdings	Pair Corr
0.52	MO	Altria Group	Pair Corr
0.48	PM	Philip Morris Intern	Pair Corr
0.42	KR	Kroger Company Buyout Trend	Pair Corr
0.34	BJ	BJs Wholesale Club	Pair Corr
0.74	DAR	Darling Ingredients	Pair Corr
0.59	DDL	Dingdong ADR	Pair Corr
0.44	FIZZ	National Beverage Corp	Pair Corr
0.42	ACI	Albertsons Companies	Pair Corr
0.33	CHD	Church Dwight	Pair Corr

Related Correlations Analysis

	FSCPX	FCYIX	FDLSX	FSDPX	FSUTX
FSCPX		0.88	0.92	0.46	0.72	FSCPX
FCYIX	0.88		0.96	0.71	0.82	FCYIX
FDLSX	0.92	0.96		0.59	0.8	FDLSX
FSDPX	0.46	0.71	0.59		0.75	FSDPX
FSUTX	0.72	0.82	0.8	0.75		FSUTX
	FSCPX	FCYIX	FDLSX	FSDPX	FSUTX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Consumer Mutual Fund performing well and Consumer Staples 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 Consumer Staples' 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
FSCPX	0.81	0.33	0.25	(21.48)	0.45	(0.97)	1.96	(1.22)	4.38
FCYIX	0.74	0.19	0.11	0.82	0.57	(0.79)	1.97	(1.45)	7.00
FDLSX	0.60	0.25	0.22	3.51	0.29	(0.75)	1.42	(1.08)	3.79
FSDPX	0.69	0.08	(0.03)	0.93	0.59	(0.81)	1.62	(1.15)	3.93
FSUTX	0.86	0.10	0.02	0.43	0.97	(0.92)	1.87	(2.01)	5.83

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

2024 Macroaxis LLC