Wcm Focused Correlations
The correlation of Wcm Focused 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.
Wcm |
Moving together with Wcm Mutual Fund
| 0.66 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.63 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.73 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.78 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.75 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
| 0.82 | BAC | Bank of America Aggressive Push | PairCorr |
Moving against Wcm Mutual Fund
| 0.6 | LIIAX | Columbia Porate Income | PairCorr |
| 0.6 | CIFRX | Columbia Porate Income | PairCorr |
| 0.59 | SRINX | Columbia Porate Income | PairCorr |
| 0.76 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.75 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.71 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.42 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Wcm Mutual Fund performing well and Wcm Focused 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 Wcm Focused'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MXKJX | 0.59 | 0.00 | (0.02) | 0.13 | 0.51 | 1.26 | 3.51 | |||
| GDICX | 0.08 | 0.00 | (0.70) | (0.39) | 0.05 | 0.21 | 0.82 | |||
| AGGNX | 1.46 | (0.01) | (0.05) | 0.10 | 1.85 | 2.94 | 9.38 | |||
| UIPMX | 1.35 | (0.04) | 0.00 | (0.12) | 0.00 | 2.60 | 9.86 | |||
| USERX | 1.40 | 0.01 | (0.05) | 0.16 | 1.86 | 3.05 | 10.13 | |||
| FEGOX | 1.27 | (0.01) | (0.07) | 0.07 | 1.68 | 2.13 | 8.70 | |||
| SPPIX | 1.39 | 0.08 | (0.04) | (0.36) | 1.71 | 3.24 | 10.50 |