Rock Oak Correlations

RCKSX Fund

USD 20.10 0.06 0.30%

The current 90-days correlation between Rock Oak E and Live Oak Health is -0.21 (i.e., Very good diversification). The correlation of Rock Oak 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.

Rock Oak Correlation With Market

Almost no diversification

The correlation between Rock Oak E and DJI is 0.95 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rock Oak E and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rock Oak E. 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 state.

Moving together with Rock Mutual Fund

0.96	VIMAX	Vanguard Mid Cap	Pair Corr
0.96	VIMSX	Vanguard Mid Cap	Pair Corr
0.96	VMCPX	Vanguard Mid Cap	Pair Corr
0.96	VMCIX	Vanguard Mid Cap	Pair Corr
0.91	VEXAX	Vanguard Extended Market	Pair Corr
0.91	VEMPX	Vanguard Extended Market	Pair Corr
0.91	VIEIX	Vanguard Extended Market	Pair Corr
0.91	VSEMX	Vanguard Extended Market	Pair Corr
0.91	VEXMX	Vanguard Extended Market	Pair Corr
0.91	FSMAX	Fidelity Extended Market	Pair Corr
0.97	FTYPX	Fidelity Freedom Index	Pair Corr
0.97	FFBTX	Fidelity Freedom Blend	Pair Corr
0.85	GCAVX	Gmo Small Cap	Pair Corr
0.88	GQLOX	Gmo Quality Fund	Pair Corr
0.85	GHVIX	Gmo High Yield	Pair Corr
0.89	GMCQX	Gmo Equity Allocation	Pair Corr
0.62	MMM	3M Company	Pair Corr
0.87	AXP	American Express	Pair Corr
0.92	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.75	HD	Home Depot	Pair Corr
0.91	GE	GE Aerospace	Pair Corr
0.72	CSCO	Cisco Systems	Pair Corr
0.86	BA	Boeing	Pair Corr
0.9	BAC	Bank of America	Pair Corr
0.83	DIS	Walt Disney	Pair Corr

Moving against Rock Mutual Fund

0.5

GABFX

Gmo Asset Allocation

Pair Corr

Related Correlations Analysis

	LOGSX	RIVSX	BOGSX	POGSX	ROGSX
LOGSX		0.67	0.56	0.7	0.64	LOGSX
RIVSX	0.67		0.81	0.83	0.84	RIVSX
BOGSX	0.56	0.81		0.97	0.98	BOGSX
POGSX	0.7	0.83	0.97		0.97	POGSX
ROGSX	0.64	0.84	0.98	0.97		ROGSX
	LOGSX	RIVSX	BOGSX	POGSX	ROGSX

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Risk-Adjusted Indicators

There is a big difference between Rock Mutual Fund performing well and Rock Oak 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 Rock Oak'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	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
LOGSX	0.97	(0.03)	0.06	1.74	(2.00)	6.79
RIVSX	1.28	0.03	(0.06)	2.28	(2.28)	12.55
BOGSX	1.58	(0.06)	0.47	2.67	(3.67)	16.44
POGSX	1.16	(0.03)	0.15	1.97	(2.15)	11.27
ROGSX	1.63	(0.09)	0.84	2.44	(3.76)	16.45

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