Jacob Small Correlations

Mutual Funds . USA . 
Fund . Jacob Small Cap
JSIGX Fund  USD 23.52  0.16  0.68%   
The current 90-days correlation between Jacob Small Cap and Jacob Internet Fund is -0.13 (i.e., Good diversification). The correlation of Jacob 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.

Jacob Small Correlation With Market

Good diversification

The correlation between Jacob Small Cap and DJI is -0.16 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Jacob 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 Jacob 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 price.

Moving together with Jacob Mutual Fund

  0.95JAMFX Jacob Internet Steady GrowthPairCorr
  0.97JSCGX Jacob Small CapPairCorr
  0.97JMCGX Jacob Micro CapPairCorr
  0.95VSGAX Vanguard Small CapPairCorr
  0.93VSGIX Vanguard Small CapPairCorr
  0.93VISGX Vanguard Small CapPairCorr
  0.92VEXPX Vanguard ExplorerPairCorr
  0.92VEXRX Vanguard ExplorerPairCorr
  0.94JGMIX Janus TritonPairCorr
  0.94JGMRX Janus TritonPairCorr
  0.96JGMAX Janus TritonPairCorr
  0.94JGMCX Janus TritonPairCorr
  0.97JGMNX Janus TritonPairCorr
  0.64FGPMX Franklin Gold AndPairCorr
  0.62FKRCX Franklin Gold PreciousPairCorr
  0.61FRGOX Franklin Gold PreciousPairCorr
  0.95APHOX Artisan Emerging MarketsPairCorr
  0.95GMNCX Gabelli Global MiniPairCorr
  0.94TWUAX Ultra Fund APairCorr
  0.9MKVIX Mfs International LargePairCorr
  0.75ARYVX Global Real EstatePairCorr
  0.92WSICX Wells Fargo StrategicPairCorr
  0.93LBNRX Lord Abbett BondPairCorr
  0.66GDFTX Goldman Sachs EPairCorr
  0.95VNEYX Vontobel Global EnviPairCorr
  0.96TRLNX T Rowe PricePairCorr
  0.71RFCYX Strategic BondPairCorr
  0.86JIGDX Global Bond FundPairCorr
  0.77RRGCX Deutsche Global RealPairCorr
  0.96MBAAX Global StrategistPairCorr
  0.93SWLVX Schwab Large CapPairCorr
  0.88SIGWX Sentinel Small PanyPairCorr
  0.94JULCX Multimanager LifestylePairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Jacob Mutual Fund performing well and Jacob 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 Jacob 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
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY