Fpa Crescent Correlations
FPFRX Fund | 43.58 0.17 0.39% |
The correlation of Fpa Crescent 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.
Fpa Crescent Correlation With Market
Good diversification
The correlation between Fpa Crescent and DJI is -0.13 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fpa Crescent and DJI in the same portfolio, assuming nothing else is changed.
Fpa |
Moving together with Fpa Mutual Fund
0.9 | PTY | Pimco Corporate Income | PairCorr |
0.78 | FFIAX | Fpa Flexible Fixed | PairCorr |
0.97 | QRSAX | Fpa Queens Road | PairCorr |
0.97 | QRSIX | Fpa Queens Road | PairCorr |
0.98 | QRSVX | Queens Road Small | PairCorr |
0.97 | QRVLX | Queens Road Value | PairCorr |
0.99 | FPACX | Fpa Crescent | PairCorr |
0.99 | FPCSX | Fpa Crescent | PairCorr |
0.78 | FPFIX | Fpa Flexible Fixed | PairCorr |
0.76 | FPNRX | Fpa New Income | PairCorr |
0.75 | FPNIX | Fpa New Income | PairCorr |
0.98 | FFIFX | American Funds | PairCorr |
0.99 | FAIFX | American Funds | PairCorr |
0.98 | IFACX | Income Fund | PairCorr |
0.99 | IFAFX | Income Fund | PairCorr |
0.99 | AMECX | Income Fund | PairCorr |
0.98 | RIDBX | Income Fund | PairCorr |
0.98 | CIMEX | Income Fund | PairCorr |
0.98 | RIDFX | Income Fund | PairCorr |
0.98 | CIMCX | Income Fund | PairCorr |
0.98 | CIMFX | Income Fund | PairCorr |
0.94 | PDI | Pimco Dynamic Income | PairCorr |
0.96 | FTCAX | Templeton Strained Bond | PairCorr |
0.96 | TSWEX | Tsw Equity Portfolio | PairCorr |
0.95 | BGX | Blackstone Gso Long | PairCorr |
0.82 | FESIX | Fidelity Sai Real | PairCorr |
0.98 | FDDTX | American Funds 2025 | PairCorr |
0.98 | REMSX | Emerging Markets | PairCorr |
0.98 | DRGVX | Dreyfus Strategic Value | PairCorr |
0.99 | DUSQX | Us Lg Cap | PairCorr |
0.97 | GILCX | Guggenheim Large Cap | PairCorr |
0.89 | KNGLX | Cboe Vest Sp | PairCorr |
Moving against Fpa Mutual Fund
0.98 | USPIX | Profunds Ultrashort Potential Growth | PairCorr |
0.97 | USPSX | Profunds Ultrashort Potential Growth | PairCorr |
0.95 | UIPIX | Ultrashort Mid Cap | PairCorr |
0.79 | TCTGX | Transamerica Cleartrack | PairCorr |
0.79 | TCTJX | Transamerica Cleartrack | PairCorr |
0.79 | TCSUX | Cleartrack 2020 Class | PairCorr |
0.78 | TDKTX | Cleartrack 2015 Class | PairCorr |
Related Correlations Analysis
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Fpa Mutual Fund performing well and Fpa Crescent 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 Fpa Crescent'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
FPRAX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
FPPFX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
FPPTX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
FFIAX | 0.15 | 0.01 | (0.90) | 0.68 | 0.06 | 0.30 | 0.79 | |||
FPACX | 0.38 | 0.10 | (0.01) | 0.40 | 0.00 | 1.18 | 2.78 | |||
FPCSX | 0.37 | 0.10 | (0.01) | 0.41 | 0.00 | 1.15 | 2.80 | |||
FPFIX | 0.14 | 0.01 | (0.94) | 2.23 | 0.00 | 0.30 | 0.79 | |||
FPFRX | 0.36 | 0.20 | (0.04) | (2.51) | 0.00 | 1.18 | 2.78 | |||
FPIVX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |