Perkins Small Correlations

Mutual Funds . USA . 
Fund . Perkins Small Cap
JCSCX Fund  USD 22.02  0.07  0.32%   
The current 90-days correlation between Perkins Small Cap and Columbia Select Large Cap is 0.02 (i.e., Significant diversification). The correlation of Perkins Small 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.

Perkins Small Correlation With Market

Weak diversification

The correlation between Perkins Small Cap and DJI is 0.31 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Perkins Small Cap and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Perkins Small Cap. 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 unemployment.

Moving together with Perkins Mutual Fund

  0.81JRSIX Intech Managed VolatilityPairCorr
  0.81JRSNX Intech Managed VolatilityPairCorr
  0.65JACTX Janus Forty FundPairCorr
  0.81JADGX Janus Growth AndPairCorr
  0.69JAENX Janus EnterprisePairCorr
  0.78JAGTX Janus Global TechnologyPairCorr
  0.81JAGIX Janus Growth AndPairCorr
  0.82JAGLX Janus Global LifePairCorr
  0.69JANEX Janus EnterprisePairCorr
  0.7JSCVX Perkins Small CapPairCorr
  0.82JAOSX Janus OverseasPairCorr
  0.73JSCOX Perkins Small CapPairCorr
  0.66JARTX Janus Forty FundPairCorr
  0.76JATAX Janus Global TechnologyPairCorr
  0.83JAWWX Janus Global ResearchPairCorr
  0.76JSVAX Janus ContrarianPairCorr
  0.69JSVTX Perkins Select ValuePairCorr
  0.78JCNAX Janus TrarianPairCorr
  0.68JCNIX Janus TrarianPairCorr
  0.68JCONX Janus TrarianPairCorr
  0.87JDHCX Janus Henderson HighPairCorr
  0.82JDINX Janus OverseasPairCorr
  0.69JDMNX Janus EnterprisePairCorr
  0.7JDPAX Perkins Mid CapPairCorr
  0.68JDPNX Perkins Mid CapPairCorr
  0.68JDPRX Perkins Mid CapPairCorr
  0.7JDSNX Perkins Small CapPairCorr
  0.97JDSRX Perkins Small CapPairCorr
  0.67JDWNX Janus Henderson GlobalPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Perkins Mutual Fund performing well and Perkins Small 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 Perkins Small'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.

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
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY