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.
Retirement |
Moving together with Retirement Mutual Fund
| 0.99 | FSNKX | Fidelity Freedom 2010 | PairCorr |
| 0.97 | RRTAX | T Rowe Price | PairCorr |
| 0.98 | PARAX | T Rowe Price | PairCorr |
| 0.99 | AAATX | American Funds 2010 | PairCorr |
| 0.99 | FAATX | American Funds 2010 | PairCorr |
| 0.97 | CCATX | American Funds 2010 | PairCorr |
| 0.99 | FFFCX | Fidelity Freedom 2010 | PairCorr |
| 0.99 | FOTKX | Fidelity Freedom 2010 | PairCorr |
| 0.99 | REATX | American Funds 2010 | PairCorr |
| 0.98 | RAATX | American Funds 2010 | PairCorr |
| 0.92 | VSTSX | Vanguard Total Stock | PairCorr |
| 0.92 | VSMPX | Vanguard Total Stock | PairCorr |
| 0.92 | VITSX | Vanguard Total Stock | PairCorr |
| 0.92 | VFFSX | Vanguard 500 Index | PairCorr |
| 0.92 | VFIAX | Vanguard 500 Index | PairCorr |
| 0.96 | VTISX | Vanguard Total Inter | PairCorr |
| 0.96 | VTSNX | Vanguard Total Inter | PairCorr |
| 0.97 | VTPSX | Vanguard Total Inter | PairCorr |
| 0.92 | VINIX | Vanguard Institutional | PairCorr |
| 0.92 | VTSAX | Vanguard Total Stock | PairCorr |
| 0.96 | FPXIX | Fidelity Advisor 529 | PairCorr |
| 0.88 | GPICX | Guidepath Conservative | PairCorr |
| 0.8 | IBM | International Business | PairCorr |
| 0.89 | GE | GE Aerospace | PairCorr |
| 0.75 | CAT | Caterpillar | PairCorr |
| 0.64 | WMT | Walmart | PairCorr |
| 0.69 | AXP | American Express | PairCorr |
| 0.77 | INTC | Intel Aggressive Push | PairCorr |
Moving against Retirement Mutual Fund
| 0.71 | VZ | Verizon Communications | PairCorr |
| 0.7 | T | ATT Inc | PairCorr |
| 0.57 | PG | Procter Gamble | PairCorr |
| 0.44 | DIS | Walt Disney | PairCorr |
| 0.42 | HD | Home Depot | PairCorr |
Related Correlations Analysis
| 0.82 | 0.87 | 0.23 | 0.86 | 0.32 | BTO | ||
| 0.82 | 0.8 | 0.26 | 0.82 | 0.33 | IAAEX | ||
| 0.87 | 0.8 | 0.61 | 0.94 | 0.7 | FIKBX | ||
| 0.23 | 0.26 | 0.61 | 0.45 | 0.92 | GCFSX | ||
| 0.86 | 0.82 | 0.94 | 0.45 | 0.62 | FNPIX | ||
| 0.32 | 0.33 | 0.7 | 0.92 | 0.62 | DFFCX | ||
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.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BTO | 1.01 | (0.18) | 0.00 | (0.15) | 0.00 | 1.61 | 7.10 | |||
| IAAEX | 0.62 | (0.07) | 0.00 | (0.08) | 0.00 | 1.15 | 4.01 | |||
| FIKBX | 0.67 | (0.08) | 0.00 | (0.06) | 0.00 | 1.42 | 5.55 | |||
| GCFSX | 0.53 | (0.03) | 0.00 | (0.02) | 0.00 | 1.06 | 3.47 | |||
| FNPIX | 0.94 | (0.12) | 0.00 | (0.07) | 0.00 | 1.63 | 6.62 | |||
| DFFCX | 0.61 | (0.03) | 0.00 | (0.02) | 0.00 | 1.32 | 3.95 |