Cohen Steers Correlations

FOF Fund

USD 13.06 0.06 0.46%

The current 90-days correlation between Cohen Steers Closed and Calamos Convertible Opportunities is 0.51 (i.e., Very weak diversification). The correlation of Cohen Steers 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.

Cohen Steers Correlation With Market

Very weak diversification

The correlation between Cohen Steers Closed and DJI is 0.52 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cohen Steers Closed 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 Cohen Steers Closed. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more detail on how to invest in Cohen Fund please use our How to Invest in Cohen Steers guide.

Moving together with Cohen Fund

0.86	CRF	Cornerstone Strategic	Pair Corr
0.93	DNP	Dnp Select Income	Pair Corr
0.89	ETJ	Eaton Vance Risk	Pair Corr
0.89	GAB	Gabelli Equity Trust	Pair Corr
0.76	ETY	Eaton Vance Tax	Pair Corr
0.91	RIV	Rivernorth Opportunities	Pair Corr
0.89	RGPFX	American Funds Balanced	Pair Corr
0.9	CCD	Calamos Dynamic Conv	Pair Corr
0.65	VFIAX	Vanguard 500 Index	Pair Corr
0.87	DODGX	Dodge Stock Fund	Pair Corr
0.8	FBNDX	Fidelity Investment Grade	Pair Corr
0.65	VFINX	Vanguard 500 Index	Pair Corr
0.74	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.88	CSCO	Cisco Systems	Pair Corr
0.94	WMT	Walmart	Pair Corr
0.82	GE	GE Aerospace Fiscal Year End 28th of January 2025	Pair Corr
0.93	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.9	MCD	McDonalds Fiscal Year End 3rd of February 2025	Pair Corr
0.84	KO	Coca Cola Sell-off Trend	Pair Corr
0.76	PG	Procter Gamble Sell-off Trend	Pair Corr
0.89	HD	Home Depot	Pair Corr
0.82	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr

Moving against Cohen Fund

0.74	GUT	Gabelli Utility Closed	Pair Corr
0.79	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.52	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.5	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.44	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr

Related Correlations Analysis

	CHI	CCD	CHW	CPZ	CHY	ETG	ETO	ETV
CHI		0.45	0.7	0.04	0.27	0.73	0.7	0.87	CHI
CCD	0.45		0.77	0.67	0.96	0.78	0.79	0.65	CCD
CHW	0.7	0.77		0.31	0.67	0.96	0.97	0.87	CHW
CPZ	0.04	0.67	0.31		0.71	0.36	0.36	0.22	CPZ
CHY	0.27	0.96	0.67	0.71		0.67	0.69	0.5	CHY
ETG	0.73	0.78	0.96	0.36	0.67		0.99	0.93	ETG
ETO	0.7	0.79	0.97	0.36	0.69	0.99		0.89	ETO
ETV	0.87	0.65	0.87	0.22	0.5	0.93	0.89		ETV
	CHI	CCD	CHW	CPZ	CHY	ETG	ETO	ETV

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Cohen Fund performing well and Cohen Steers 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 Cohen Steers' 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
CHI	0.71	(0.04)	(0.08)	0.03	1.04	(0.68)	1.52	(1.40)	5.59
CCD	0.82	0.14	0.10	0.32	0.79	(0.90)	2.11	(1.97)	4.90
CHW	0.80	(0.03)	(0.02)	0.08	1.25	(0.80)	1.65	(2.16)	6.04
CPZ	0.65	0.03	(0.04)	0.18	0.77	(0.73)	1.26	(1.11)	3.61
CHY	0.59	0.08	0.04	0.28	0.49	(0.67)	1.19	(0.87)	2.89
ETG	0.84	(0.05)	(0.02)	0.06	1.29	(0.83)	1.71	(1.95)	6.19
ETO	0.68	(0.02)	(0.02)	0.08	1.19	(0.60)	1.37	(1.77)	5.87
ETV	0.76	(0.07)	(0.07)	0.03	1.09	(0.75)	1.49	(1.69)	4.98

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

2024 Macroaxis LLC