Us Targeted Correlations

DFFVX Fund

USD 28.61 1.28 4.28%

The current 90-days correlation between Us Targeted Value and Us Government Securities is -0.22 (i.e., Very good diversification). The correlation of Us Targeted 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.

Us Targeted Correlation With Market

Very poor diversification

The correlation between Us Targeted Value and DJI is 0.89 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Us Targeted Value and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Us Targeted Value. 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 real.

Moving together with DFFVX Mutual Fund

0.82	DREIX	World Core Equity	Pair Corr
0.85	DRIIX	Dimensional 2045 Target	Pair Corr
0.71	DRIHX	Dimensional 2040 Target	Pair Corr
0.87	DRILX	Dimensional 2060 Target	Pair Corr
0.87	DRIKX	Dimensional 2055 Target	Pair Corr
0.86	DRIJX	Dimensional 2050 Target	Pair Corr
0.74	DAADX	Dfa Emerging Markets	Pair Corr
1.0	DAABX	Dfa Sustainability	Pair Corr
0.99	DSCGX	Dfa Small	Pair Corr
0.85	DSHGX	Dfa Selectively Hedged	Pair Corr
0.87	DTDRX	Dimensional 2065 Target	Pair Corr
0.86	DURPX	Us High Relative	Pair Corr
0.96	DUSQX	Us Lg Cap	Pair Corr
0.84	DUSLX	Dfa Large	Pair Corr

Moving against DFFVX Mutual Fund

0.73	DIPSX	Dfa Inflation Protected	Pair Corr
0.73	DMREX	Dfa Municipal Real	Pair Corr
0.7	DMNBX	Dfa Mn Municipal	Pair Corr
0.64	DNYMX	Dfa Ny Municipal	Pair Corr
0.56	DISVX	Dfa International Small	Pair Corr
0.37	DOGMX	Dfa Oregon Municipal	Pair Corr
0.34	DIHRX	Intal High Relative	Pair Corr
0.76	DTCPX	Dfa Targeted Credit	Pair Corr
0.75	DCARX	Dfa California Municipal	Pair Corr
0.73	DSFIX	Dfa Social Fixed	Pair Corr
0.73	DFAPX	Dfa Investment Grade	Pair Corr
0.51	DRXIX	Dfa Ltip Portfolio	Pair Corr
0.41	DSCLX	Dfa International Social	Pair Corr
0.4	DFALX	Large Cap International	Pair Corr
0.36	DCIBX	Dfa Ca Int	Pair Corr

Related Correlations Analysis

	RGVAX	HHMYX	GVPIX	FMUUX	OKMIX	GANPX	HCSBX
RGVAX		0.6	0.96	0.91	0.39	0.89	0.53	RGVAX
HHMYX	0.6		0.73	0.72	0.94	0.83	0.9	HHMYX
GVPIX	0.96	0.73		0.88	0.55	0.91	0.64	GVPIX
FMUUX	0.91	0.72	0.88		0.49	0.94	0.68	FMUUX
OKMIX	0.39	0.94	0.55	0.49		0.67	0.83	OKMIX
GANPX	0.89	0.83	0.91	0.94	0.67		0.75	GANPX
HCSBX	0.53	0.9	0.64	0.68	0.83	0.75		HCSBX
	RGVAX	HHMYX	GVPIX	FMUUX	OKMIX	GANPX	HCSBX

Click cells to compare fundamentals

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Risk-Adjusted Indicators

There is a big difference between DFFVX Mutual Fund performing well and Us Targeted 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 Us Targeted'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
RGVAX	0.26	0.05	0.72	(1.51)	0.08	(0.34)	0.60	(0.43)	1.56
HHMYX	0.15	0.01	0.70	(0.80)	0.10	(0.21)	0.36	(0.36)	0.85
GVPIX	0.78	0.10	0.32	(2.04)	0.70	(0.92)	1.96	(1.36)	3.76
FMUUX	0.03	0.00	0.00	0.00	0.00	0.00	0.10	0.00	0.40
OKMIX	0.21	0.01	0.41	(0.53)	0.23	(0.28)	0.57	(0.58)	1.34
GANPX	0.08	0.01	1.46	(1.97)	0.00	(0.14)	0.19	(0.10)	0.49
HCSBX	0.06	0.00	1.11	(0.99)	0.00	(0.12)	0.10	(0.10)	0.42

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