Fuller Thaler Correlations

Mutual Funds . USA . 
Fund . Fuller Thaler Behavioral
FTXFX Fund  USD 50.98  0.34  0.67%   
The current 90-days correlation between Fuller Thaler Behavioral and Pace Large Growth is 0.78 (i.e., Poor diversification). The correlation of Fuller Thaler 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.

Fuller Thaler Correlation With Market

Very poor diversification

The correlation between Fuller Thaler Behavioral and DJI is 0.8 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fuller Thaler Behavioral 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 Fuller Thaler Behavioral. 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 census.

Moving together with Fuller Mutual Fund

  0.97FTHNX Fuller Thaler BehavioralPairCorr
  0.97FTHSX Fuller Thaler BehavioralPairCorr
  0.95FTMSX Fuller Thaler Behavioral Steady GrowthPairCorr
  0.95FTSAX Fuller Thaler BehavioralPairCorr
  0.95FTSIX Fuller Thaler BehavioralPairCorr
  0.93FTVAX Fuller Thaler BehavioralPairCorr
  0.92FTVCX Fuller Thaler BehavioralPairCorr
  0.93FTVNX Fuller Thaler BehavioralPairCorr
  0.93FTVSX Fuller Thaler BehavioralPairCorr
  0.93FTVZX Fuller Thaler BehavioralPairCorr
  0.96FTZAX Fuller Thaler BehavioralPairCorr
  0.96FTZCX Fuller Thaler BehavioralPairCorr
  0.96FTZIX Fuller Thaler BehavioralPairCorr
  1.0FTXNX Fuller Thaler BehavioralPairCorr
  1.0FTXSX Fuller Thaler BehavioralPairCorr
  0.99VSGAX Vanguard Small CapPairCorr
  0.99VSGIX Vanguard Small CapPairCorr
  0.99VISGX Vanguard Small CapPairCorr
  0.98VEXPX Vanguard ExplorerPairCorr
  0.98VEXRX Vanguard ExplorerPairCorr
  0.96JGMIX Janus TritonPairCorr
  0.96JGMRX Janus TritonPairCorr
  0.96JGMAX Janus TritonPairCorr
  0.96JGMCX Janus TritonPairCorr
  0.96JGMNX Janus TritonPairCorr
  0.94KSCYX Kinetics Small CapPairCorr
  0.94KNPAX Kinetics Paradigm Steady GrowthPairCorr
  0.94KSCOX Kinetics Small CapPairCorr
  0.94KSOCX Kinetics Small CapPairCorr
  0.94WWNPX Kinetics Paradigm Steady GrowthPairCorr
  0.94KNPCX Kinetics Paradigm Steady GrowthPairCorr
  0.93KINCX Kinetics InternetPairCorr
  0.93KINAX Kinetics InternetPairCorr
  0.94LSHUX Horizon Spin Off Steady GrowthPairCorr
  0.71LPXIX Cohen Steers LowPairCorr
  0.97SDCIX Swan Defined RiskPairCorr
  0.99BMRRX Blackrock Mid CapPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Fuller Mutual Fund performing well and Fuller Thaler 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 Fuller Thaler'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
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY