Vanguard Intermediate-ter Correlations

Mutual Funds . USA . 
Fund . Vanguard Intermediate Term Bond
VBIMX Fund  USD 10.34  0.04  0.39%   
The current 90-days correlation between Vanguard Intermediate-ter and Oklahoma College Savings is 0.07 (i.e., Significant diversification). The correlation of Vanguard Intermediate-ter 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.

Vanguard Intermediate-ter Correlation With Market

Good diversification

The correlation between Vanguard Intermediate Term Bon and DJI is -0.18 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Intermediate Term Bon 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 Vanguard Intermediate Term Bond. 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 population.

Moving together with Vanguard Mutual Fund

  0.61VNJUX Vanguard New JerseyPairCorr
  0.61VNJTX Vanguard New JerseyPairCorr
  0.63VNYTX Vanguard New YorkPairCorr
  0.63VNYUX Vanguard New YorkPairCorr
  0.71VPADX Vanguard Pacific StockPairCorr
  0.71VPACX Vanguard Pacific StockPairCorr
  0.71VPKIX Vanguard Pacific StockPairCorr
  0.97VAIPX Vanguard Inflation-protecPairCorr
  0.85VSCSX Vanguard Short TermPairCorr
  0.86VSBIX Vanguard Short TermPairCorr
  0.79VSBSX Vanguard Short TermPairCorr

Moving against Vanguard Mutual Fund

  0.76VQNPX Vanguard Growth AndPairCorr
  0.7NAESX Vanguard Small CapPairCorr
  0.64VMVAX Vanguard Mid CapPairCorr
  0.64VMVIX Vanguard Mid CapPairCorr
  0.62VMVLX Vanguard Mega CapPairCorr
  0.57VPCCX Vanguard PrimecapPairCorr
  0.45VPMCX Vanguard PrimecapPairCorr
  0.45VPMAX Vanguard PrimecapPairCorr
  0.34VMIAX Vanguard Materials IndexPairCorr
  0.32VMNVX Vanguard Global MinimumPairCorr
  0.32VMVFX Vanguard Global MinimumPairCorr
  0.76VSPGX Vanguard Sp 500PairCorr
  0.75VSEMX Vanguard Extended MarketPairCorr
  0.75VSMPX Vanguard Total StockPairCorr
  0.71VSCIX Vanguard Small CapPairCorr
  0.71VSGAX Vanguard Small CapPairCorr
  0.71VSGIX Vanguard Small CapPairCorr
  0.71VSMAX Vanguard Small CapPairCorr
  0.7VSCPX Vanguard Small CapPairCorr
  0.7VSEQX Vanguard Strategic EquityPairCorr
  0.69VSIAX Vanguard Small CapPairCorr
  0.69VSIIX Vanguard Small CapPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Vanguard Mutual Fund performing well and Vanguard Intermediate-ter 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 Vanguard Intermediate-ter'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.

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