Manning Napier Correlations

Mutual Funds USA . 
Fund . Manning Napier Credit
MCDWX Fund  USD 9.22  0.01  0.11%   
The current 90-days correlation between Manning Napier Credit and Omni Small Cap Value is 0.06 (i.e., Significant diversification). The correlation of Manning Napier 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.

Manning Napier Correlation With Market

Good diversification

The correlation between Manning Napier Credit and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Manning Napier Credit and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manning Napier Credit. 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 interest.

Moving together with Manning Mutual Fund

  0.83MNBAX Pro-blend(r) ExtendedPairCorr
  0.83MNBIX Pro-blend(r) ExtendedPairCorr
  0.99MNCPX Unconstrained Bond SeriesPairCorr
  0.97MNCRX Pro-blend(r) ConservativePairCorr
  0.97MNCWX Manning Napier ProPairCorr
  0.78MNDFX Disciplined Value SeriesPairCorr
  0.82MNBRX Pro-blend(r) ExtendedPairCorr
  0.84MNBWX Manning Napier ProPairCorr
  0.96MNCCX Pro-blend(r) ConservativePairCorr
  0.97MNCIX Pro-blend(r) ConservativePairCorr
  0.97MNDWX Manning Napier DiverPairCorr
  0.81MNECX Pro-blend(r) ExtendedPairCorr
  0.61MNHCX Pro-blend(r) MaximumPairCorr
  0.93MNHAX High Yield BondPairCorr
  0.65MNHIX Pro-blend(r) MaximumPairCorr
  0.63MNHRX Pro-blend(r) MaximumPairCorr
  0.68MNHWX Manning Napier ProPairCorr
  0.92MNHYX High Yield BondPairCorr
  0.88MNMCX Pro-blend(r) ModeratePairCorr
  0.89MNMIX Pro-blend(r) ModeratePairCorr
  0.89MNMRX Pro Blend ModeratePairCorr
  0.9MNMWX Manning Napier ProPairCorr
  0.61RAIRX Rainier InternationalPairCorr
  0.64RAIWX Manning Napier RainierPairCorr
  1.0MCDIX Manning Napier CreditPairCorr
  0.99MCBWX Manning Napier CorePairCorr
  0.99MCBZX Manning Napier CorePairCorr
  1.0MCDSX Manning Napier CreditPairCorr
  0.99MUBWX Manning Napier UnconPairCorr
  0.78MDFSX Disciplined Value SeriesPairCorr
  0.78MDVWX Manning Napier DisciPairCorr
  0.78MDVZX Manning Napier DisciPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Manning Mutual Fund performing well and Manning Napier 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 Manning Napier'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