Falling Dollar Correlations

FDPSX Fund

USD 12.57 0.01 0.08%

The current 90-days correlation between Falling Dollar Profund and Ridgeworth Seix Government is -0.02 (i.e., Good diversification). The correlation of Falling Dollar 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.

Falling Dollar Correlation With Market

Average diversification

The correlation between Falling Dollar Profund and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Falling Dollar Profund 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 Falling Dollar Profund. 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 main economic indicators.

Moving together with Falling Mutual Fund

0.76	UKPSX	Ultrashort Japan Profund Steady Growth	Pair Corr
0.76	UKPIX	Ultrashort Japan Profund Steady Growth	Pair Corr
0.61	INPSX	Internet Ultrasector	Pair Corr
0.84	WCPIX	Mobile Telecommunicatio	Pair Corr
0.83	WCPSX	Mobile Telecommunicatio	Pair Corr
0.61	CYPSX	Consumer Services Steady Growth	Pair Corr

Moving against Falling Mutual Fund

0.76	UJPIX	Ultrajapan Profund	Pair Corr
0.76	UJPSX	Ultrajapan Profund	Pair Corr
0.57	SRPIX	Short Real Estate	Pair Corr
0.48	SRPSX	Short Real Estate	Pair Corr
0.47	UIPSX	Ultrashort Mid Cap Steady Growth	Pair Corr
0.44	PHPIX	Pharmaceuticals Ultrasector	Pair Corr
0.39	UIPIX	Ultrashort Mid Cap Steady Growth	Pair Corr
0.38	OTPIX	Nasdaq 100 Profund	Pair Corr
0.36	OTPSX	Nasdaq 100 Profund	Pair Corr
0.33	TEPIX	Technology Ultrasector	Pair Corr
0.31	TEPSX	Technology Ultrasector	Pair Corr
0.31	LGPIX	Large Cap Growth	Pair Corr
0.53	OEPSX	Oil Equipment Services	Pair Corr
0.53	OEPIX	Oil Equipment Services	Pair Corr
0.44	PHPSX	Pharmaceuticals Ultrasector	Pair Corr
0.33	UOPIX	Ultra Nasdaq 100	Pair Corr
0.32	UOPSX	Ultranasdaq 100 Profund	Pair Corr

Related Correlations Analysis

	SIGVX	RGVEX	FICMX	RGVAX	SGVDX	DPIGX
SIGVX		0.69	0.67	0.61	0.65	0.91	SIGVX
RGVEX	0.69		0.9	0.98	0.98	0.89	RGVEX
FICMX	0.67	0.9		0.89	0.89	0.83	FICMX
RGVAX	0.61	0.98	0.89		0.98	0.84	RGVAX
SGVDX	0.65	0.98	0.89	0.98		0.85	SGVDX
DPIGX	0.91	0.89	0.83	0.84	0.85		DPIGX
	SIGVX	RGVEX	FICMX	RGVAX	SGVDX	DPIGX

Risk-Adjusted Indicators

There is a big difference between Falling Mutual Fund performing well and Falling Dollar 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 Falling Dollar'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
SIGVX	0.06	0.01	(0.50)	(3.84)	0.00	(0.16)	0.10	(0.10)	0.51
RGVEX	0.15	(0.01)	(0.33)	(0.04)	0.14	(0.17)	0.33	(0.25)	0.91
FICMX	0.19	(0.01)	(0.25)	(0.08)	0.20	(0.22)	0.33	(0.33)	1.10
RGVAX	0.13	(0.01)	(0.34)	(0.14)	0.14	(0.17)	0.25	(0.25)	0.83
SGVDX	0.16	(0.01)	(0.27)	(0.06)	0.19	(0.17)	0.30	(0.30)	0.91
DPIGX	0.09	0.00	(0.47)	0.35	0.00	(0.14)	0.21	(0.11)	0.53

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