Fuller Thaler Correlations

FTVSX Fund

USD 32.30 0.90 2.71%

The current 90-days correlation between Fuller Thaler Behavioral and Fuller Thaler Behavioral is 0.84 (i.e., Very poor diversification). The correlation of Fuller Thaler 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.

Fuller Thaler Correlation With Market

Very poor diversification

The correlation between Fuller Thaler Behavioral and DJI is 0.82 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fuller Thaler Behavioral 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 Fuller Thaler Behavioral. 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 manufacturing.

Moving together with Fuller Mutual Fund

0.87	FTVCX	Fuller Thaler Behavioral	Pair Corr
1.0	FTVNX	Fuller Thaler Behavioral	Pair Corr
1.0	FTVZX	Fuller Thaler Behavioral	Pair Corr

Moving against Fuller Mutual Fund

0.49	FTZAX	Fuller Thaler Behavioral	Pair Corr
0.39	FTXFX	Fuller Thaler Behavioral	Pair Corr
0.39	FTXNX	Fuller Thaler Behavioral	Pair Corr
0.39	FTXSX	Fuller Thaler Behavioral	Pair Corr
0.37	FTZIX	Fuller Thaler Behavioral	Pair Corr
0.7	SMPSX	Semiconductor Ultrasector	Pair Corr
0.66	SMPIX	Semiconductor Ultrasector	Pair Corr
0.6	RSNRX	Victory Global Natural	Pair Corr
0.57	RSNYX	Victory Global Natural	Pair Corr
0.57	RGNCX	Victory Global Natural	Pair Corr
0.47	JSMAX	Jpmorgan Smartretirement	Pair Corr
0.47	QVGIX	Oppenheimer Gbl Alloc	Pair Corr
0.47	ACECX	Emerging Markets	Pair Corr
0.46	VFIAX	Vanguard 500 Index	Pair Corr
0.46	LSYNX	Lord Abbett Short	Pair Corr
0.41	FHREX	Fidelity Freedom Blend	Pair Corr
0.33	VTMGX	Vanguard Developed	Pair Corr

Related Correlations Analysis

	FTHNX	FTHSX	FTMSX	FTSAX	FTSIX	FTVCX	FTXFX	FTVNX	FTVSX
FTHNX		1.0	0.9	0.9	0.95	-0.3	0.93	-0.2	-0.19	FTHNX
FTHSX	1.0		0.9	0.9	0.95	-0.3	0.93	-0.2	-0.19	FTHSX
FTMSX	0.9	0.9		0.8	0.81	-0.29	0.95	-0.23	-0.22	FTMSX
FTSAX	0.9	0.9	0.8		0.91	0.01	0.82	-0.05	-0.04	FTSAX
FTSIX	0.95	0.95	0.81	0.91		-0.04	0.8	0.1	0.11	FTSIX
FTVCX	-0.3	-0.3	-0.29	0.01	-0.04		-0.43	0.87	0.87	FTVCX
FTXFX	0.93	0.93	0.95	0.82	0.8	-0.43		-0.4	-0.39	FTXFX
FTVNX	-0.2	-0.2	-0.23	-0.05	0.1	0.87	-0.4		1.0	FTVNX
FTVSX	-0.19	-0.19	-0.22	-0.04	0.11	0.87	-0.39	1.0		FTVSX
	FTHNX	FTHSX	FTMSX	FTSAX	FTSIX	FTVCX	FTXFX	FTVNX	FTVSX

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

FTHSX	+ 1.0	FTHNX
FTVSX	+ 1.0	FTVNX
FTSIX	+ 0.95	FTHNX
FTSIX	+ 0.95	FTHSX
FTXFX	+ 0.95	FTMSX
FTXFX	+ 0.93	FTHNX

High negative correlations

FTXFX	- 0.43	FTVCX
FTVNX	- 0.4	FTXFX
FTVSX	- 0.39	FTXFX
FTVCX	- 0.3	FTHSX
FTVCX	- 0.3	FTHNX
FTVCX	- 0.29	FTMSX

Risk-Adjusted Indicators

There is a big difference between Fuller Mutual Fund performing well and Fuller Thaler 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 Fuller Thaler'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
FTHNX	0.74	0.01	0.01	0.03	0.82	(0.83)	1.72	(1.18)	3.80
FTHSX	0.74	0.01	0.02	0.03	0.82	(0.83)	1.72	(1.19)	3.83
FTMSX	1.17	0.02	0.03	0.03	1.33	(1.32)	2.78	(2.34)	5.81
FTSAX	0.71	0.02	0.00	(0.90)	0.76	(0.79)	1.96	(1.11)	4.41
FTSIX	0.74	(0.06)	0.00	(0.03)	0.00	0.00	1.97	(1.13)	4.40
FTVCX	0.69	(0.10)	0.00	0.72	0.00	0.00	1.81	(1.63)	4.31
FTXFX	0.99	0.15	0.12	0.13	1.15	(1.07)	1.83	(1.65)	5.85
FTVNX	0.71	(0.18)	0.00	(0.12)	0.00	0.00	1.79	(1.71)	4.35
FTVSX	0.72	(0.18)	0.00	(0.12)	0.00	0.00	1.80	(1.70)	4.36

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