Lifestyle Correlations

Mutual Funds . USA . 
Fund . Lifestyle Ii Moderate
JLMRX Fund  USD 11.21  0.04  0.36%   
The current 90-days correlation between Lifestyle Ii Moderate and Cutler Equity is 0.22 (i.e., Modest diversification). The correlation of Lifestyle 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.

Lifestyle Correlation With Market

Poor diversification

The correlation between Lifestyle Ii Moderate and DJI is 0.67 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lifestyle Ii Moderate 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 Lifestyle Ii Moderate. 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 metropolitan statistical area.

Moving together with Lifestyle Mutual Fund

  1.0JQLMX Multimanager LifestylePairCorr
  0.92JQLBX Multimanager LifestylePairCorr
  0.71JQLAX Multimanager LifestylePairCorr
  0.91JQLCX Multimanager LifestylePairCorr
  0.83JQLGX Multimanager LifestylePairCorr
  0.67JRETX J Hancock IiPairCorr
  0.88JRLDX Retirement Living ThroughPairCorr
  0.94JRLFX Multi Index 2010PairCorr
  0.98JRLIX Retirement Living ThroughPairCorr
  0.94JRLHX Retirement Living ThroughPairCorr
  0.97JRLKX Multi Index 2015PairCorr
  0.9JRLLX Retirement Living ThroughPairCorr
  0.99JRLOX Retirement Living ThroughPairCorr
  0.79JRLQX Retirement Living ThroughPairCorr
  0.99JRLPX Multi Index 2020PairCorr
  0.8JRLUX Multi Index 2045PairCorr
  0.76JRLWX Retirement Living ThroughPairCorr
  0.79JRLVX Retirement Living ThroughPairCorr
  0.76JRLZX Retirement Living ThroughPairCorr
  0.74JROUX J Hancock IiPairCorr
  0.69JRODX J Hancock IiPairCorr
  0.68JAAFX Jhancock Multi IndexPairCorr
  0.68JAAJX Jhancock Multi IndexPairCorr
  0.76JAAIX Alternative AssetPairCorr
  0.68JAAKX Jhancock Multi IndexPairCorr
  0.86JAAPX Alternative AssetPairCorr
  1.0JRTBX Retirement Living ThroughPairCorr
  0.99JRTAX Retirement Living ThroughPairCorr
  0.84JAARX Alternative AssetPairCorr
  1.0JRTDX Multi Index 2025PairCorr
  0.96JRTGX Retirement Living ThroughPairCorr
  0.99JRTFX Retirement Living ThroughPairCorr
  0.85JAASX Alternative AssetPairCorr
  0.96JRTIX Multi Index 2030PairCorr
  0.73JAAVX Jhancock MultimanagerPairCorr
  0.91JRTKX Retirement Living ThroughPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Lifestyle Mutual Fund performing well and Lifestyle 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 Lifestyle'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