American Century Correlations

REAIX Fund

USD 26.38 0.06 0.23%

The current 90-days correlation between American Century Real and Terra Property Trust is 0.04 (i.e., Significant diversification). The correlation of American Century 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.

American Century Correlation With Market

Good diversification

The correlation between American Century Real and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding American Century Real 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 American Century Real. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as various price indices.

Related Correlations Analysis

	REACX	NBRFX	VGISX	TRREX	FREEX	BARDX	BRIIX	SREZX	TPTA
REACX		0.97	0.84	0.3	0.96	0.4	0.59	0.85	-0.28	REACX
NBRFX	0.97		0.8	0.23	0.95	0.33	0.45	0.84	-0.44	NBRFX
VGISX	0.84	0.8		0.67	0.94	0.79	0.75	0.98	0.03	VGISX
TRREX	0.3	0.23	0.67		0.49	0.95	0.72	0.54	0.6	TRREX
FREEX	0.96	0.95	0.94	0.49		0.59	0.65	0.93	-0.19	FREEX
BARDX	0.4	0.33	0.79	0.95	0.59		0.75	0.69	0.53	BARDX
BRIIX	0.59	0.45	0.75	0.72	0.65	0.75		0.69	0.42	BRIIX
SREZX	0.85	0.84	0.98	0.54	0.93	0.69	0.69		-0.09	SREZX
TPTA	-0.28	-0.44	0.03	0.6	-0.19	0.53	0.42	-0.09		TPTA
	REACX	NBRFX	VGISX	TRREX	FREEX	BARDX	BRIIX	SREZX	TPTA

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

SREZX	+ 0.98	VGISX
NBRFX	+ 0.97	REACX
FREEX	+ 0.96	REACX
FREEX	+ 0.95	NBRFX
BARDX	+ 0.95	TRREX
FREEX	+ 0.94	VGISX

High negative correlations

TPTA	- 0.44	NBRFX
TPTA	- 0.28	REACX
TPTA	- 0.19	FREEX
TPTA	- 0.09	SREZX

Risk-Adjusted Indicators

There is a big difference between American Mutual Fund performing well and American Century 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 American Century'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
REACX	0.54	(0.06)	0.00	(0.10)	0.00	0.00	0.91	(1.39)	3.31
NBRFX	0.58	(0.07)	0.00	(0.12)	0.00	0.00	1.03	(1.25)	3.21
VGISX	0.44	(0.02)	(0.09)	(0.01)	0.68	(0.42)	0.86	(1.22)	2.84
TRREX	0.66	0.01	(0.04)	0.10	0.85	(0.72)	1.21	(1.61)	7.13
FREEX	0.55	(0.06)	0.00	(0.07)	0.00	0.00	1.06	(1.29)	3.21
BARDX	0.45	0.02	(0.04)	0.12	0.67	(0.44)	0.88	(1.12)	2.80
BRIIX	0.53	(0.04)	(0.08)	0.00	0.80	(0.51)	0.88	(1.48)	3.45
SREZX	0.46	(0.03)	0.00	(0.03)	0.00	0.00	0.85	(1.23)	2.88
TPTA	0.29	0.06	(0.01)	2.90	0.17	(0.36)	0.85	(0.53)	1.80

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

2026 Macroaxis LLC