Clipper Fund Correlations

Mutual Funds . USA . 
Fund . Clipper Fund Inc
CFIMX Fund  USD 14.27  0.02  0.14%   
The current 90-days correlation between Clipper Fund and Value Fund Value is 0.93 (i.e., Almost no diversification). The correlation of Clipper Fund 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.

Clipper Fund Correlation With Market

Good diversification

The correlation between Clipper Fund Inc and DJI is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Clipper Fund Inc 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 Clipper Fund Inc. 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 Clipper Mutual Fund

  0.83VVIAX Vanguard Value IndexPairCorr
  0.76DOXGX Dodge Cox StockPairCorr
  0.98AFMFX American MutualPairCorr
  0.98FFMMX American Funds AmericanPairCorr
  0.98FFFMX American Funds AmericanPairCorr
  0.81AMRMX American MutualPairCorr
  0.78AMFFX American MutualPairCorr
  0.78AMFCX American MutualPairCorr
  0.83DODGX Dodge Stock FundPairCorr
  0.83VIVAX Vanguard Value IndexPairCorr
  0.98FTYPX Fidelity Freedom IndexPairCorr
  0.98FFBTX Fidelity Freedom BlendPairCorr
  0.82GAAVX Gmo Alternative AlloPairCorr
  0.81GCAVX Gmo Small CapPairCorr
  0.99GQLOX Gmo Quality FundPairCorr
  0.73GHVIX Gmo High YieldPairCorr
  0.77GMCQX Gmo Equity AllocationPairCorr
  0.98FAETX American Funds 2030PairCorr
  0.9HLMIX Harding Loevner IntePairCorr
  0.83CLBAX American BalancedPairCorr
  0.73GCFSX Gabelli Global FinancialPairCorr
  0.64BTO John Hancock FinancialPairCorr
  0.98VBIAX Vanguard Balanced IndexPairCorr
  0.83FBAFX American Funds AmericanPairCorr
  0.82CLREX Columbia BalancedPairCorr
  0.98BALFX American BalancedPairCorr
  0.72GSHTX Goldman Sachs HighPairCorr
  0.79JEVNX Emerging MarketsPairCorr
  0.63DVRFX Mfs Global AlternativePairCorr
  0.81VTMSX Vanguard Tax ManagedPairCorr
  0.95IGAIX International Growth AndPairCorr
  0.92GICUX Goldman Sachs InternPairCorr
  0.77RNCCX American Funds IncomePairCorr
  0.97VSOIX Victory Sycamore SmallPairCorr
  0.98MNNCX Victory Munder MultiPairCorr
  0.89ERSGX Eaton Vance SmallPairCorr
  0.92HRIOX Manager Directed PorPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Clipper Mutual Fund performing well and Clipper Fund 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 Clipper Fund'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.

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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY