Us Government Correlations

RGVEX Fund

USD 11.94 0.01 0.08%

The current 90-days correlation between Us Government Securities and Eic Value Fund is -0.13 (i.e., Good diversification). The correlation of Us Government 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.

Us Government Correlation With Market

Good diversification

The correlation between Us Government Securities and DJI is -0.14 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Us Government Securities 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 Us Government Securities. 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 income.

Moving together with RGVEX Mutual Fund

0.78	RGVAX	Us Government Securities	Pair Corr
0.78	RGVCX	Us Government Securities	Pair Corr
0.88	FLIBX	American Funds Inflation	Pair Corr
0.78	UGSFX	Us Government Securities	Pair Corr
0.88	CBOCX	Intermediate Bond	Pair Corr
0.89	VFIJX	Vanguard Gnma	Pair Corr
0.9	VSIGX	Vanguard Intermediate	Pair Corr
1.0	AMUSX	Us Government Securities	Pair Corr
1.0	FSUGX	American Funds Government	Pair Corr
0.78	UGSCX	Us Government Securities	Pair Corr
1.0	FSUUX	American Funds Government	Pair Corr
0.85	VMBSX	Vanguard Mortgage-backed	Pair Corr
0.64	VFIIX	Vanguard Gnma	Pair Corr
0.75	FUTBX	Fidelity Sai Treasury	Pair Corr

Moving against RGVEX Mutual Fund

0.46	HPQ	HP Inc	Pair Corr
0.4	AA	Alcoa Corp	Pair Corr
0.38	PG	Procter Gamble	Pair Corr
0.33	CAT	Caterpillar	Pair Corr
0.31	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.31	BA	Boeing	Pair Corr
0.31	JPM	JPMorgan Chase	Pair Corr

Related Correlations Analysis

	EICVX	TIODX	FDBLX	ABPYX	PAEIX	TIMXX	CIPMX
EICVX		0.37	0.81	0.93	0.88	0.52	0.81	EICVX
TIODX	0.37		0.58	0.23	0.18	0.14	0.08	TIODX
FDBLX	0.81	0.58		0.75	0.75	0.49	0.64	FDBLX
ABPYX	0.93	0.23	0.75		0.94	0.7	0.92	ABPYX
PAEIX	0.88	0.18	0.75	0.94		0.79	0.91	PAEIX
TIMXX	0.52	0.14	0.49	0.7	0.79		0.77	TIMXX
CIPMX	0.81	0.08	0.64	0.92	0.91	0.77		CIPMX
	EICVX	TIODX	FDBLX	ABPYX	PAEIX	TIMXX	CIPMX

Click cells to compare fundamentals

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Risk-Adjusted Indicators

There is a big difference between RGVEX Mutual Fund performing well and Us Government 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 Us Government'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
EICVX	0.82	0.01	(0.01)	(0.11)	1.35	(0.80)	1.43	(1.71)	7.40
TIODX	0.25	0.00	(0.06)	(0.07)	0.31	(0.26)	0.52	(0.52)	1.64
FDBLX	0.25	0.01	(0.05)	0.15	0.31	(0.27)	0.49	(0.49)	1.70
ABPYX	0.73	0.05	0.02	(0.80)	1.11	(0.79)	1.55	(1.62)	7.85
PAEIX	0.85	0.05	0.01	(0.80)	1.50	(0.82)	1.41	(1.72)	8.50
TIMXX	0.03	0.01	0.00	1.29	0.00	0.00	0.00	0.00	1.01
CIPMX	1.13	0.04	0.02	0.06	1.65	(1.20)	2.38	(2.49)	12.32

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