Defensive Market Correlations

GDMZX Fund

USD 12.55 0.04 0.32%

The current 90-days correlation between Defensive Market Str and Aam Select Income is 0.26 (i.e., Modest diversification). The correlation of Defensive Market 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.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Defensive Market Strategies. 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 nation.

Moving together with Defensive Mutual Fund

0.76	GCOZX	Growth Allocation	Pair Corr
1.0	GDMYX	Defensive Market Str	Pair Corr
0.93	GVEYX	Value Equity Institu	Pair Corr
0.73	GVEZX	Value Equity Investor	Pair Corr
0.71	GVIYX	Guidestone Value Equity	Pair Corr
0.93	GVIZX	Guidestone Value Equity	Pair Corr
0.93	GEIYX	Guidestone Growth Equity	Pair Corr
0.76	GEIZX	Guidestone Growth Equity	Pair Corr
0.91	GEMYX	Emerging Markets Equity	Pair Corr
0.77	GEMZX	Emerging Markets Equity	Pair Corr
0.78	GEQZX	Equity Index Investor	Pair Corr
0.69	GFIZX	Conservative Allocation	Pair Corr
0.67	GFSYX	Strategic Alternatives	Pair Corr
0.61	GGEYX	Guidestone Fds Growth	Pair Corr
0.68	GGIZX	Balanced Allocation	Pair Corr
0.68	GGRYX	Growth Allocation	Pair Corr
0.65	GIIYX	International Equity	Pair Corr
0.65	GLDYX	Low Duration Bond	Pair Corr
0.72	GMDYX	Medium Duration Bond	Pair Corr
0.71	GMFZX	Mydestination 2045	Pair Corr
0.72	GMHYX	Mydestination 2035	Pair Corr
0.8	GMHZX	Mydestination 2035	Pair Corr
0.71	GMGYX	Mydestination 2055	Pair Corr
0.71	GMGZX	Mydestination 2055	Pair Corr
0.72	GMTZX	Mydestination 2015	Pair Corr
0.8	GMWYX	Mydestination 2025	Pair Corr
0.71	GMYYX	Mydestination 2045	Pair Corr

Related Correlations Analysis

	CPUCX	LOTAX	REMVX	MFTTX	URNQX	HDCAX
CPUCX		0.78	0.63	0.66	0.68	0.7	CPUCX
LOTAX	0.78		0.9	0.94	0.89	0.93	LOTAX
REMVX	0.63	0.9		0.77	0.91	0.97	REMVX
MFTTX	0.66	0.94	0.77		0.78	0.83	MFTTX
URNQX	0.68	0.89	0.91	0.78		0.96	URNQX
HDCAX	0.7	0.93	0.97	0.83	0.96		HDCAX
	CPUCX	LOTAX	REMVX	MFTTX	URNQX	HDCAX

Risk-Adjusted Indicators

There is a big difference between Defensive Mutual Fund performing well and Defensive Market 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 Defensive Market'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
CPUCX	0.19	0.02	(0.16)	0.75	0.07	(0.24)	0.32	(0.32)	0.97
LOTAX	0.60	0.08	0.07	0.17	0.63	(0.67)	1.25	(1.01)	3.73
REMVX	0.65	0.12	0.11	0.24	0.72	(0.73)	1.38	(0.83)	4.64
MFTTX	1.11	0.13	0.10	0.20	1.11	(1.37)	2.91	(1.80)	6.72
URNQX	0.79	0.04	0.04	0.09	1.14	(0.76)	1.82	(2.05)	4.69
HDCAX	0.48	0.06	0.05	0.18	0.51	(0.52)	1.01	(0.99)	2.95

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

Defensive Market Correlations

Moving together with Defensive Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY