Retirement Living Correlations

JRLWX Fund  USD 12.96  0.19  1.44%   
The current 90-days correlation between Retirement Living Through and Specialized Technology Fund is -0.02 (i.e., Good diversification). 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 Living Correlation With Market

Significant diversification

The correlation between Retirement Living Through and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Retirement Living Through 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 Retirement Living Through. 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 housing.

Moving together with Retirement Mutual Fund

  0.78FRBAX Regional BankPairCorr
  0.75FRBCX Regional BankPairCorr
  0.8JQLMX Multimanager LifestylePairCorr
  0.69JQLBX Multimanager LifestylePairCorr
  0.83JQLAX Multimanager LifestylePairCorr
  0.68JQLCX Multimanager LifestylePairCorr
  0.74JQLGX Multimanager LifestylePairCorr
  0.75JRBFX Regional BankPairCorr
  0.74JRETX J Hancock IiPairCorr
  0.75JRGRX Regional BankPairCorr
  0.67JRLDX Retirement Living ThroughPairCorr
  0.67JRLFX Multi Index 2010PairCorr
  0.78JRLIX Retirement Living ThroughPairCorr
  0.66JRLHX Retirement Living ThroughPairCorr
  0.78JRLKX Multi Index 2015PairCorr
  0.78JRLLX Retirement Living ThroughPairCorr
  0.85JRLOX Retirement Living ThroughPairCorr
  1.0JRLQX Retirement Living ThroughPairCorr
  0.86JRLPX Multi Index 2020PairCorr
  1.0JRLUX Multi Index 2045PairCorr
  1.0JRLVX Retirement Living ThroughPairCorr
  1.0JRLZX Retirement Living ThroughPairCorr
  1.0JROUX J Hancock IiPairCorr
  1.0JRODX J Hancock IiPairCorr
  1.0JAAFX Jhancock Multi IndexPairCorr
  1.0JAAJX Jhancock Multi IndexPairCorr
  0.95JAAIX Alternative AssetPairCorr
  1.0JAAKX Jhancock Multi IndexPairCorr
  0.96JAAPX Alternative AssetPairCorr
  0.9JRTBX Retirement Living ThroughPairCorr
  0.85JRTAX Retirement Living ThroughPairCorr
  0.95JAARX Alternative AssetPairCorr
  0.9JRTDX Multi Index 2025PairCorr
  0.96JRTGX Retirement Living ThroughPairCorr
  0.9JRTFX Retirement Living ThroughPairCorr
  0.95JAASX Alternative AssetPairCorr
  0.96JRTIX Multi Index 2030PairCorr
  1.0JAAVX Jhancock MultimanagerPairCorr
  0.98JRTKX Retirement Living ThroughPairCorr

Related Correlations Analysis

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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.