Oppenheimer Rochester Correlations

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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    CLARX + 1.0 SAREX CREFX + 0.99 PREJX SAREX + 0.98 PREJX CREFX + 0.98 SAREX CLARX + 0.97 PREJX CLARX + 0.97 CREFX

High negative correlations    CLARX - 0.65 CREMX CREMX - 0.61 SAREX CREMX - 0.53 RRSCX CREMX - 0.5 CREFX CREMX - 0.46 PREJX FORFX - 0.1 RRSCX

Risk-Adjusted Indicators

There is a big difference between Oppenheimer Mutual Fund performing well and Oppenheimer Rochester 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 Oppenheimer Rochester'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.