Nomura Real Correlations

NMMRF Fund

USD 1,008 0.00 0.00%

The current 90-days correlation between Nomura Real Estate and Global Real Estate is 0.42 (i.e., Very weak diversification). The correlation of Nomura Real 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.

Nomura Real Correlation With Market

Significant diversification

The correlation between Nomura Real Estate and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Nomura Real Estate 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 Nomura Real Estate. Also, note that the market value of any otc fund could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving together with Nomura OTC Fund

0.68	VGTSX	Vanguard Total Inter	Pair Corr
0.68	VTIAX	Vanguard Total Inter	Pair Corr
0.8	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.88	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.72	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.64	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr

Moving against Nomura OTC Fund

0.91	MEGIX	Msvif Growth Port	Pair Corr
0.8	VITSX	Vanguard Total Stock	Pair Corr
0.79	VFIAX	Vanguard 500 Index	Pair Corr
0.79	VFINX	Vanguard 500 Index	Pair Corr
0.79	BSDAX	Blackrock Smid Cap	Pair Corr
0.77	VTSAX	Vanguard Total Stock	Pair Corr
0.77	VTSMX	Vanguard Total Stock	Pair Corr
0.77	VSTSX	Vanguard Total Stock	Pair Corr
0.77	VSMPX	Vanguard Total Stock	Pair Corr
0.76	VFFSX	Vanguard 500 Index	Pair Corr
0.69	CGSAX	Columbia Growth 529	Pair Corr
0.68	HCMFX	Hcm Dynamic Income	Pair Corr
0.68	ELFNX	Elfun Trusts Elfun	Pair Corr
0.97	DIS	Walt Disney	Pair Corr
0.88	WMT	Walmart	Pair Corr
0.84	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.7	CSCO	Cisco Systems	Pair Corr
0.57	HD	Home Depot	Pair Corr
0.48	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.46	MSFT	Microsoft Sell-off Trend	Pair Corr
0.45	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr

Related Correlations Analysis

	MSRDX	RENTX	MSURX	SRPIX	REPIX	JYEBX	SAMZF	URREX	GURPX
MSRDX		0.0	0.63	0.01	-0.04	-0.17	0.0	0.0	-0.04	MSRDX
RENTX	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	RENTX
MSURX	0.63	0.0		0.36	-0.38	0.13	0.0	0.0	-0.12	MSURX
SRPIX	0.01	0.0	0.36		-0.88	-0.5	0.0	0.0	-0.92	SRPIX
REPIX	-0.04	0.0	-0.38	-0.88		0.62	0.0	0.0	0.79	REPIX
JYEBX	-0.17	0.0	0.13	-0.5	0.62		0.0	0.0	0.72	JYEBX
SAMZF	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	SAMZF
URREX	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	URREX
GURPX	-0.04	0.0	-0.12	-0.92	0.79	0.72	0.0	0.0		GURPX
	MSRDX	RENTX	MSURX	SRPIX	REPIX	JYEBX	SAMZF	URREX	GURPX

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

GURPX	+ 0.79	REPIX
GURPX	+ 0.72	JYEBX
MSURX	+ 0.63	MSRDX
JYEBX	+ 0.62	REPIX
SRPIX	+ 0.36	MSURX
JYEBX	+ 0.13	MSURX

High negative correlations

GURPX	- 0.92	SRPIX
REPIX	- 0.88	SRPIX
JYEBX	- 0.5	SRPIX
REPIX	- 0.38	MSURX
JYEBX	- 0.17	MSRDX
GURPX	- 0.12	MSURX

Risk-Adjusted Indicators

There is a big difference between Nomura OTC Fund performing well and Nomura Real OTC 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 Nomura Real'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 Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
MSRDX	0.40	0.03	0.02	0.15	0.42	(0.68)	1.11	(0.86)	3.75
RENTX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MSURX	0.45	0.07	0.08	0.29	0.35	(0.77)	1.16	(0.83)	3.64
SRPIX	0.78	0.18	0.18	(0.61)	0.61	(0.94)	1.95	(1.25)	4.28
REPIX	1.16	(0.24)	0.00	(0.65)	0.00	0.00	1.86	(2.96)	6.08
JYEBX	0.70	(0.09)	0.00	(0.47)	0.00	0.00	1.15	(1.54)	3.40
SAMZF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
URREX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
GURPX	0.63	(0.14)	0.00	(0.33)	0.00	0.00	1.10	(1.23)	5.09

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Our tools can tell you how much better you can do entering a position in Nomura Real without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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