Retirement Living Correlations

Mutual Funds USA . 
Fund . Retirement Living Through
JHRLX Fund  USD 7.94  0.03  0.38%   
The current 90-days correlation between Retirement Living Through and Regional Bank Fund is 0.22 (i.e., Modest 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

Very weak diversification

The correlation between Retirement Living Through and DJI is 0.49 (i.e., Very weak 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 bureau of economic analysis.

Moving together with Retirement Mutual Fund

  0.89JQLMX Multimanager LifestylePairCorr
  0.64JQLBX Multimanager LifestylePairCorr
  0.98JQLCX Multimanager LifestylePairCorr
  0.98JRLDX Retirement Living ThroughPairCorr
  0.98JRLFX Multi Index 2010PairCorr
  0.95JRLIX Retirement Living ThroughPairCorr
  0.98JRLHX Retirement Living ThroughPairCorr
  0.96JRLKX Multi Index 2015PairCorr
  0.96JRLLX Retirement Living ThroughPairCorr
  0.92JRLOX Retirement Living ThroughPairCorr
  0.93JRLPX Multi Index 2020PairCorr
  0.87JRTBX Retirement Living ThroughPairCorr
  0.92JRTAX Retirement Living ThroughPairCorr
  0.88JRTDX Multi Index 2025PairCorr
  0.74JRTGX Retirement Living ThroughPairCorr
  0.76JRTFX Retirement Living ThroughPairCorr
  0.74JRTIX Multi Index 2030PairCorr
  0.63JRTKX 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  1.20  0.28  0.15  12.70  1.00 
(1.50)
 2.76 
(1.66)
 15.75 
FRBCX  1.21  0.07  0.14  0.12  0.99 
(1.54)
 2.74 
(1.65)
 15.70 
JQLMX  0.24 (0.02)(0.26) 0.03  0.25 
(0.26)
 0.56 
(0.48)
 1.43 
JQLBX  0.32 (0.01)(0.14) 0.07  0.30 
(0.38)
 0.66 
(0.58)
 2.06 
JQLAX  0.48  0.08 (0.01) 1.11  0.40 
(0.53)
 1.07 
(0.91)
 3.11 
JQLCX  0.16 (0.02)(0.38)(0.02) 0.17 
(0.21)
 0.34 
(0.33)
 1.00 
JQLGX  0.41  0.00 (0.08) 0.09  0.39 
(0.45)
 0.90 
(0.69)
 2.65 
JRBFX  1.21  0.07  0.15  0.12  0.99 
(1.54)
 2.73 
(1.66)
 15.74 
JRETX  0.47  0.02 (0.02) 0.12  0.40 
(0.57)
 1.07 
(0.83)
 3.08 
JRGRX  1.20  0.28  0.16  11.60  0.99 
(1.50)
 2.76 
(1.65)
 15.70 

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