Retirement Living Correlations

Mutual Funds . USA . 
Fund . Retirement Living Through
JHRDX Fund  USD 10.94  0.08  0.74%   
The current 90-days correlation between Retirement Living Through and Regional Bank Fund is -0.08 (i.e., Good diversification). The correlation of Retirement Living 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.

Retirement Living Correlation With Market

Average diversification

The correlation between Retirement Living Through and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Retirement Living Through and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Retirement Living Through. 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 unemployment.

Moving together with Retirement Mutual Fund

  0.63FRBAX Regional BankPairCorr
  0.63FRBCX Regional BankPairCorr
  0.72JQLMX Multimanager LifestylePairCorr
  0.85JQLBX Multimanager LifestylePairCorr
  0.75JQLAX Multimanager LifestylePairCorr
  0.88JQLGX Multimanager LifestylePairCorr
  0.63JRBFX Regional BankPairCorr
  0.72JRETX J Hancock IiPairCorr
  0.63JRGRX Regional BankPairCorr
  0.64JRLIX Retirement Living ThroughPairCorr
  0.62JRLKX Multi Index 2015PairCorr
  0.63JRLLX Retirement Living ThroughPairCorr
  0.68JRLOX Retirement Living ThroughPairCorr
  0.86JRLQX Retirement Living ThroughPairCorr
  0.67JRLPX Multi Index 2020PairCorr
  0.86JRLUX Multi Index 2045PairCorr
  0.85JRLWX Retirement Living ThroughPairCorr
  0.85JRLVX Retirement Living ThroughPairCorr
  0.85JRLZX Retirement Living ThroughPairCorr
  0.85JROUX J Hancock IiPairCorr
  0.85JRODX J Hancock IiPairCorr
  0.71JAAFX Jhancock Multi IndexPairCorr
  0.85JAAJX Jhancock Multi IndexPairCorr
  0.7JAAKX Jhancock Multi IndexPairCorr
  0.75JAAPX Alternative AssetPairCorr
  0.73JRTBX Retirement Living ThroughPairCorr
  0.68JRTAX Retirement Living ThroughPairCorr
  0.62JAARX Alternative AssetPairCorr
  0.73JRTDX Multi Index 2025PairCorr
  0.81JRTGX Retirement Living ThroughPairCorr
  0.74JRTFX Retirement Living ThroughPairCorr
  0.75JAASX Alternative AssetPairCorr
  0.81JRTIX Multi Index 2030PairCorr
  0.72JAAVX Jhancock MultimanagerPairCorr
  0.84JRTKX Retirement Living ThroughPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Retirement Mutual Fund performing well and Retirement Living 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 Retirement Living'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
FRBAX  1.25  0.12  0.06  0.85  1.39 
(1.54)
 2.76 
(2.89)
 15.75 
FRBCX  1.24  0.11  0.06  0.86  1.37 
(1.54)
 2.74 
(2.93)
 15.70 
JQLMX  0.26 (0.04) 0.00 (0.10) 0.00 
 0.00 
 0.56 
(0.56)
 2.15 
JQLBX  0.34 (0.03) 0.00 (0.04) 0.00 
 0.00 
 0.66 
(0.65)
 3.06 
JQLAX  0.51 (0.01)(0.04)(0.04) 0.71 
(0.53)
 1.07 
(0.92)
 3.11 
JQLCX  0.17 (0.03) 0.00 (0.17) 0.00 
 0.00 
 0.34 
(0.34)
 1.42 
JQLGX  0.43 (0.02)(0.05)(0.02) 0.61 
(0.46)
 0.90 
(0.76)
 3.86 
JRBFX  1.24  0.12  0.06  0.88  1.37 
(1.54)
 2.73 
(2.93)
 15.74 
JRETX  0.50  0.01 (0.01) 0.17  0.67 
(0.56)
 1.07 
(0.91)
 3.08 
JRGRX  1.24  0.12  0.06  0.84  1.36 
(1.54)
 2.76 
(2.89)
 15.70 

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