Retirement Living Correlations

The correlation of Retirement Living 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. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as various price indices.

Moving together with Retirement Mutual Fund

  0.99FSNKX Fidelity Freedom 2010PairCorr
  0.97RRTAX T Rowe PricePairCorr
  0.98PARAX T Rowe PricePairCorr
  0.99AAATX American Funds 2010PairCorr
  0.99FAATX American Funds 2010PairCorr
  0.97CCATX American Funds 2010PairCorr
  0.99FFFCX Fidelity Freedom 2010PairCorr
  0.99FOTKX Fidelity Freedom 2010PairCorr
  0.99REATX American Funds 2010PairCorr
  0.98RAATX American Funds 2010PairCorr
  0.92VSTSX Vanguard Total StockPairCorr
  0.92VSMPX Vanguard Total StockPairCorr
  0.92VITSX Vanguard Total StockPairCorr
  0.92VFFSX Vanguard 500 IndexPairCorr
  0.92VFIAX Vanguard 500 IndexPairCorr
  0.96VTISX Vanguard Total InterPairCorr
  0.96VTSNX Vanguard Total InterPairCorr
  0.97VTPSX Vanguard Total InterPairCorr
  0.92VINIX Vanguard InstitutionalPairCorr
  0.92VTSAX Vanguard Total StockPairCorr
  0.96FPXIX Fidelity Advisor 529PairCorr
  0.88GPICX Guidepath ConservativePairCorr
  0.8IBM International BusinessPairCorr
  0.89GE GE AerospacePairCorr
  0.75CAT CaterpillarPairCorr
  0.64WMT WalmartPairCorr
  0.69AXP American ExpressPairCorr
  0.77INTC Intel Aggressive PushPairCorr

Moving against Retirement Mutual Fund

  0.71VZ Verizon CommunicationsPairCorr
  0.7T ATT IncPairCorr
  0.57PG Procter GamblePairCorr
  0.44DIS Walt DisneyPairCorr
  0.42HD Home DepotPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Retirement Mutual Fund performing well and Retirement Living 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 Retirement Living'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.