Cambria Value Correlations

VAMO Etf

USD 32.22 0.14 0.43%

The current 90-days correlation between Cambria Value and Cambria Global Momentum is 0.56 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cambria Value moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cambria Value and moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Cambria Value Correlation With Market

Poor diversification

The correlation between Cambria Value and and DJI is 0.76 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cambria Value and and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Cambria Value and. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.

Moving together with Cambria Etf

0.88	ACIO	Aptus Collared Income	Pair Corr
0.89	ADME	Aptus Drawdown Managed	Pair Corr
0.85	MSTB	ETF Series Solutions	Pair Corr
0.88	HEGD	Swan Hedged Equity	Pair Corr
0.9	HEQT	Simplify Exchange Traded	Pair Corr
0.87	GTR	WisdomTree Target Range	Pair Corr
0.93	VTI	Vanguard Total Stock	Pair Corr
0.91	SPY	SPDR SP 500 Aggressive Push	Pair Corr
0.91	IVV	iShares Core SP	Pair Corr
0.91	VTV	Vanguard Value Index Sell-off Trend	Pair Corr
0.9	VUG	Vanguard Growth Index	Pair Corr
0.95	VO	Vanguard Mid Cap	Pair Corr
0.99	VB	Vanguard Small Cap	Pair Corr
0.63	XOM	Exxon Mobil Corp Sell-off Trend	Pair Corr
0.92	CVX	Chevron Corp Sell-off Trend	Pair Corr
0.92	BAC	Bank of America Aggressive Push	Pair Corr
0.72	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.88	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.85	WMT	Walmart Aggressive Push	Pair Corr
0.96	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.69	HD	Home Depot Sell-off Trend	Pair Corr

Moving against Cambria Etf

0.7	BND	Vanguard Total Bond	Pair Corr
0.68	CCOR	Core Alternative ETF	Pair Corr
0.59	VEA	Vanguard FTSE Developed	Pair Corr
0.82	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.78	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.62	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr

Related Correlations Analysis

	GMOM	EYLD	SYLD	FYLD	GVAL
GMOM		0.13	0.87	0.04	0.25	GMOM
EYLD	0.13		0.02	0.93	0.92	EYLD
SYLD	0.87	0.02		-0.04	0.07	SYLD
FYLD	0.04	0.93	-0.04		0.87	FYLD
GVAL	0.25	0.92	0.07	0.87		GVAL
	GMOM	EYLD	SYLD	FYLD	GVAL

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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

FYLD	+ 0.93	EYLD
GVAL	+ 0.92	EYLD
SYLD	+ 0.87	GMOM
GVAL	+ 0.87	FYLD
GVAL	+ 0.25	GMOM
EYLD	+ 0.13	GMOM

High negative correlations

FYLD

- 0.04

SYLD

Cambria Value Constituents Risk-Adjusted Indicators

There is a big difference between Cambria Etf performing well and Cambria Value ETF 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 Cambria Value'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
GMOM	0.71	(0.02)	(0.05)	0.09	0.74	(0.75)	1.38	(1.19)	4.32
EYLD	0.85	(0.13)	0.00	(0.26)	0.00	0.00	1.62	(2.03)	5.01
SYLD	0.79	(0.06)	(0.04)	0.07	0.78	(0.91)	1.59	(1.46)	5.59
FYLD	0.72	(0.13)	0.00	(0.31)	0.00	0.00	1.41	(1.51)	4.24
GVAL	0.76	(0.09)	0.00	(0.22)	0.00	0.00	1.34	(1.67)	5.27

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