Cm Modity Correlations
COMIX Fund | USD 71.13 0.48 0.67% |
The current 90-days correlation between Cm Modity Index and Greenspring Fund Retail is 0.07 (i.e., Significant diversification). The correlation of Cm Modity 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.
Cm Modity Correlation With Market
Very good diversification
The correlation between Cm Modity Index and DJI is -0.32 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cm Modity Index and DJI in the same portfolio, assuming nothing else is changed.
COMIX |
Moving together with COMIX Mutual Fund
0.76 | EMBAX | Unconstrained Emerging | PairCorr |
0.75 | EMBYX | Unconstrained Emerging | PairCorr |
0.76 | EMBUX | Unconstrained Emerging | PairCorr |
0.68 | EMRIX | Emerging Markets | PairCorr |
0.68 | EMRZX | Vaneck Emerging Markets | PairCorr |
0.68 | EMRYX | Emerging Markets | PairCorr |
0.68 | INIVX | International Investors | PairCorr |
0.67 | INIYX | International Investors | PairCorr |
0.67 | INIIX | International Investors | PairCorr |
0.85 | GHAIX | Global Hard Assets | PairCorr |
0.85 | GHAYX | Global Hard Assets | PairCorr |
0.84 | GHAAX | Global Hard Assets | PairCorr |
0.92 | CMCAX | Cm Modity Index | PairCorr |
1.0 | CMCYX | Cm Modity Index | PairCorr |
0.7 | MWMIX | Vaneck Morningstar Wide | PairCorr |
0.7 | MWMZX | Vaneck Morningstar Wide | PairCorr |
0.66 | IIGCX | International Investors | PairCorr |
0.68 | GBFAX | Emerging Markets | PairCorr |
0.94 | PCRIX | Commodityrealreturn | PairCorr |
0.86 | PCRRX | Commodityrealreturn | PairCorr |
0.86 | PCRPX | Pimco Modityrealreturn | PairCorr |
0.85 | PCSRX | Commodityrealreturn | PairCorr |
0.85 | PCRCX | Commodityrealreturn | PairCorr |
0.86 | PCRNX | Pimco Commodityrealret | PairCorr |
0.99 | PCLAX | Pimco Moditiesplus | PairCorr |
0.92 | PCPCX | Pimco Commoditiesplus | PairCorr |
0.99 | PCLNX | Pimco Commoditiesplus | PairCorr |
0.68 | PFN | Pimco Income Strategy | PairCorr |
0.67 | CIF | Mfs Intermediate High | PairCorr |
0.65 | PCF | Putnam High Income | PairCorr |
0.73 | FWWFX | Fidelity Worldwide | PairCorr |
0.74 | SPILX | Symmetry Panoramic | PairCorr |
0.72 | ETFWX | Stadion Tactical Def | PairCorr |
Moving against COMIX Mutual Fund
0.67 | XNBHX | Neuberger Berman Int | PairCorr |
0.66 | XDSMX | Dreyfus Strategic | PairCorr |
0.52 | XNXJX | Nuveen New Jersey | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between COMIX Mutual Fund performing well and Cm Modity 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 Cm Modity'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
GRSPX | 0.64 | 0.27 | 0.09 | (4.97) | 0.17 | 1.83 | 4.37 | |||
PASTX | 0.85 | 0.30 | 0.33 | 0.52 | 0.00 | 2.57 | 6.19 | |||
EEIFX | 0.47 | 0.21 | 0.01 | (11.00) | 0.00 | 1.26 | 3.94 | |||
CSPFX | 0.55 | 0.08 | 0.08 | 0.29 | 0.33 | 1.78 | 4.31 | |||
SMYIX | 0.49 | 0.11 | 0.09 | 0.34 | 0.00 | 1.49 | 3.63 | |||
JGECX | 0.48 | 0.23 | 0.04 | (8.53) | 0.00 | 1.49 | 3.38 | |||
FLDFX | 0.37 | 0.18 | (0.06) | (4.82) | 0.00 | 1.27 | 2.84 |