Madison Investors Correlations

Mutual Funds USA . 
Fund . Madison Investors Fund
MINVX Fund  USD 32.52  0.09  0.28%   
The current 90-days correlation between Madison Investors and Vanguard Total Stock is 0.89 (i.e., Very poor diversification). The correlation of Madison Investors 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.

Madison Investors Correlation With Market

Almost no diversification

The correlation between Madison Investors Fund and DJI is 0.92 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Madison Investors Fund and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Madison Investors Fund. 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 real.

Moving together with Madison Mutual Fund

  0.99MMCRX Madison Mid CapPairCorr
  0.71MMDAX Madison Moderate AllPairCorr
  0.67MMDCX Madison Moderate AllPairCorr
  1.0MNVAX Madison InvestorsPairCorr
  1.0MNVRX Madison InvestorsPairCorr
  0.96BVAOX Broadview OpportunityPairCorr
  0.85MAACX Madison AggressivePairCorr
  0.94MADAX Madison Dividend IncomePairCorr
  0.94MADRX Madison FundsPairCorr
  0.86MAGSX Madison AggressivePairCorr
  0.94BHBFX Madison Dividend IncomePairCorr
  0.96MSCIX Madison Small CapPairCorr
  0.96MSCRX Madison Small CapPairCorr
  0.96MASMX Madison Small CapPairCorr
  0.86MBLAX Madison DiversifiedPairCorr
  0.82MBLCX Madison DiversifiedPairCorr
  0.99MDCIX Madison Mid CapPairCorr
  0.94MDMIX Madison Dividend IncomePairCorr
  0.63MENIX Madison FundsPairCorr
  0.63MENRX Madison Ered CallPairCorr
  0.62MENYX Madison Ered CallPairCorr
  0.99MERAX Madison Mid CapPairCorr
  0.87MFSIX Mfs Series TrustPairCorr
  0.87MFSYX Madison FundsPairCorr
  1.0MIVIX Madison InvestorsPairCorr
  0.99GTSGX Madison Mid CapPairCorr

Moving against Madison Mutual Fund

  0.62MBOAX Madison E BondPairCorr
  0.61MBORX Madison FundsPairCorr
  0.61MBOYX Madison E BondPairCorr
  0.6MBOIX Madison Core BondPairCorr
  0.59MIIRX Madison FundsPairCorr
  0.59MIIBX Madison High QualityPairCorr
  0.49BTMPX Ishares Msci EafePairCorr
  0.49BTMKX Blackrock InternationalPairCorr
  0.49MDIIX Blackrock Intern IndexPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Madison Mutual Fund performing well and Madison Investors 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 Madison Investors' 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
VTSAX  0.57  0.01  0.00  0.14  0.65 
(0.61)
 1.10 
(1.31)
 4.11 
VFIAX  0.55  0.01 (0.02) 0.14  0.65 
(0.56)
 1.17 
(1.31)
 3.84 
VTSMX  0.56  0.01  0.00  0.14  0.65 
(0.61)
 1.10 
(1.31)
 4.11 
VITSX  0.57  0.01  0.00  0.14  0.65 
(0.61)
 1.10 
(1.31)
 4.11 
VSMPX  0.57  0.01  0.00  0.14  0.65 
(0.61)
 1.10 
(1.30)
 4.11 
VSTSX  0.57  0.01  0.00  0.14  0.65 
(0.61)
 1.10 
(1.31)
 4.11 
VFINX  0.55  0.01 (0.02) 0.14  0.65 
(0.57)
 1.17 
(1.31)
 3.84 
VFFSX  0.55  0.01 (0.02) 0.14  0.65 
(0.56)
 1.17 
(1.31)
 3.84 
VINIX  0.55  0.01 (0.02) 0.14  0.65 
(0.56)
 1.17 
(1.31)
 3.84 
VIIIX  0.55  0.01 (0.02) 0.14  0.65 
(0.56)
 1.17 
(1.31)
 3.84 

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