Inflation-adjusted Correlations

AIADX Fund

USD 10.82 0.02 0.19%

The current 90-days correlation between Inflation Adjusted Bond and Diversified Bond Fund is 0.86 (i.e., Very poor diversification). The correlation of Inflation-adjusted 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.

Inflation-adjusted Correlation With Market

Significant diversification

The correlation between Inflation Adjusted Bond Fund and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Inflation Adjusted Bond Fund and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Inflation Adjusted Bond Fund. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as various price indices.

Moving together with Inflation-adjusted Mutual Fund

0.99	VIPSX	Vanguard Inflation-protec	Pair Corr
0.99	VIPIX	Vanguard Inflation	Pair Corr
0.99	VAIPX	Vanguard Inflation	Pair Corr
0.98	FLIBX	American Funds Inflation	Pair Corr
0.98	FIBLX	American Funds Inflation	Pair Corr
0.97	BFICX	American Funds Inflation	Pair Corr
0.98	BFIAX	American Funds Inflation	Pair Corr
0.99	BFIFX	American Funds Inflation	Pair Corr
0.99	FSTDX	Fidelity Series 5	Pair Corr
0.94	PARRX	Real Return Fund	Pair Corr
0.76	WMT	Walmart	Pair Corr

Moving against Inflation-adjusted Mutual Fund

0.52	VZ	Verizon Communications	Pair Corr
0.37	CVX	Chevron Corp Sell-off Trend	Pair Corr
0.34	T	ATT Inc	Pair Corr

Related Correlations Analysis

	ADFIX	PDINX	PDNIX	FARIX	DLTZX	MNDWX
ADFIX		0.92	0.9	0.8	0.87	0.91	ADFIX
PDINX	0.92		0.84	0.68	0.82	0.82	PDINX
PDNIX	0.9	0.84		0.86	0.9	0.95	PDNIX
FARIX	0.8	0.68	0.86		0.79	0.89	FARIX
DLTZX	0.87	0.82	0.9	0.79		0.84	DLTZX
MNDWX	0.91	0.82	0.95	0.89	0.84		MNDWX
	ADFIX	PDINX	PDNIX	FARIX	DLTZX	MNDWX

Risk-Adjusted Indicators

There is a big difference between Inflation-adjusted Mutual Fund performing well and Inflation-adjusted 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 Inflation-adjusted'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
ADFIX	0.16	0.02	0.02	(8.95)	0.00	(0.21)	0.33	(0.32)	0.86
PDINX	0.11	0.01	(0.05)	0.19	0.00	(0.21)	0.20	(0.20)	0.60
PDNIX	0.14	0.03	0.10	0.52	0.00	(0.20)	0.31	(0.20)	0.82
FARIX	0.32	0.05	0.07	0.21	0.32	(0.38)	0.61	(0.67)	1.94
DLTZX	0.07	0.01	(0.07)	0.57	0.00	(0.18)	0.13	(0.13)	0.63
MNDWX	0.08	0.03	0.07	1.56	0.00	(0.13)	0.19	(0.10)	0.58

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC