Polen International Correlations

POIIX Fund

USD 16.67 0.07 0.42%

The current 90-days correlation between Polen International and Polen Growth Fund is 0.47 (i.e., Very weak diversification). The correlation of Polen International 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.

Polen International Correlation With Market

Average diversification

The correlation between Polen International Growth and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Polen International Growth and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polen International Growth. 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 gross domestic product.

Moving together with Polen Mutual Fund

0.75	RERFX	Europacific Growth	Pair Corr
0.73	AEPFX	Europacific Growth	Pair Corr
0.76	CEUAX	Europacific Growth	Pair Corr
0.74	CEUCX	Europacific Growth	Pair Corr
0.74	RERCX	Europacific Growth	Pair Corr
0.73	REREX	Europacific Growth	Pair Corr
0.75	RERGX	Europacific Growth	Pair Corr
0.73	CEUFX	Europacific Growth	Pair Corr
0.74	CEUEX	Europacific Growth	Pair Corr
0.74	RERAX	Europacific Growth	Pair Corr
0.7	NHS	Neuberger Berman High	Pair Corr
0.76	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.61	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.73	MMM	3M Company Fiscal Year End 28th of January 2025	Pair Corr
0.77	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.68	VZ	Verizon Communications Sell-off Trend	Pair Corr

Moving against Polen Mutual Fund

0.38	PBSIX	Polen Small Pany	Pair Corr
0.37	POLIX	Polen Growth	Pair Corr
0.56	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.49	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.48	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.44	CSCO	Cisco Systems	Pair Corr
0.34	HPQ	HP Inc	Pair Corr

Related Correlations Analysis

	POLIX	IMIDX	PGIIX	ZDIVX	PBSIX
POLIX		0.89	0.98	0.82	0.92	POLIX
IMIDX	0.89		0.9	0.88	0.92	IMIDX
PGIIX	0.98	0.9		0.82	0.91	PGIIX
ZDIVX	0.82	0.88	0.82		0.87	ZDIVX
PBSIX	0.92	0.92	0.91	0.87		PBSIX
	POLIX	IMIDX	PGIIX	ZDIVX	PBSIX

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Risk-Adjusted Indicators

There is a big difference between Polen Mutual Fund performing well and Polen International 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 Polen International'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
POLIX	0.67	0.12	(0.02)	(2.68)	0.91	(0.68)	1.29	(1.57)	5.81
IMIDX	0.71	0.11	(0.01)	0.85	0.71	(0.78)	1.54	(1.48)	5.44
PGIIX	0.61	0.08	(0.05)	3.09	0.77	(0.63)	1.29	(1.33)	4.07
ZDIVX	0.47	(0.02)	(0.11)	0.12	0.29	(0.58)	1.04	(0.62)	3.27
PBSIX	0.89	0.10	0.14	0.21	0.58	(1.00)	2.20	(1.27)	7.12

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