Consumer Products Correlations

RYCPX Fund

USD 32.81 0.10 0.30%

The current 90-days correlation between Consumer Products and Kellanova is 0.18 (i.e., Average diversification). The correlation of Consumer Products 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.

Consumer Products Correlation With Market

Very good diversification

The correlation between Consumer Products Fund and DJI is -0.27 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Consumer Products Fund 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 Consumer Products Fund. 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 american community survey.

Moving together with Consumer Mutual Fund

0.91	K	Kellanova	Pair Corr
0.94	CL	Colgate Palmolive Fiscal Year End 24th of January 2025	Pair Corr
0.96	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.91	MO	Altria Group	Pair Corr
0.85	PG	Procter Gamble	Pair Corr
0.93	PM	Philip Morris Intern	Pair Corr
0.94	UG	United Guardian	Pair Corr
0.96	UL	Unilever PLC ADR	Pair Corr
0.93	DOLE	Dole PLC	Pair Corr
0.89	WILC	G Willi Food	Pair Corr
0.81	ACU	Acme United	Pair Corr

Moving against Consumer Mutual Fund

0.9	GO	Grocery Outlet Holding	Pair Corr
0.87	BJ	BJs Wholesale Club	Pair Corr
0.87	DLTR	Dollar Tree	Pair Corr
0.87	VITL	Vital Farms	Pair Corr
0.84	EL	Estee Lauder Companies	Pair Corr
0.82	DG	Dollar General	Pair Corr
0.81	EDBL	Edible Garden AG	Pair Corr
0.7	BG	Bunge Limited	Pair Corr
0.61	LW	Lamb Weston Holdings	Pair Corr
0.47	BRBMF	Big Rock Brewery	Pair Corr
0.43	VINE	Fresh Grapes LLC	Pair Corr
0.43	EAST	Eastside Distilling	Pair Corr
0.91	WEST	Westrock Coffee	Pair Corr
0.88	FAMI	Farmmi Inc	Pair Corr
0.87	AQB	AquaBounty Technologies	Pair Corr
0.75	DDC	DDC Enterprise	Pair Corr
0.71	FIZZ	National Beverage Corp	Pair Corr
0.68	WVVI	Willamette Valley	Pair Corr
0.61	CCU	Compania Cervecerias	Pair Corr
0.39	ADM	Archer Daniels Midland	Pair Corr
0.37	FARM	Farmer Bros	Pair Corr

Related Correlations Analysis

	K	BG	BJ	CL	DG	EL	FC	GO	KO	KR
K		-0.86	-0.85	0.9	-0.67	-0.84	0.05	-0.87	0.92	0.38	K
BG	-0.86		0.69	-0.71	0.45	0.68	0.21	0.72	-0.7	-0.19	BG
BJ	-0.85	0.69		-0.87	0.84	0.74	0.0	0.79	-0.85	-0.23	BJ
CL	0.9	-0.71	-0.87		-0.77	-0.8	0.17	-0.83	0.94	0.42	CL
DG	-0.67	0.45	0.84	-0.77		0.7	-0.2	0.79	-0.79	-0.45	DG
EL	-0.84	0.68	0.74	-0.8	0.7		-0.42	0.88	-0.88	-0.68	EL
FC	0.05	0.21	0.0	0.17	-0.2	-0.42		-0.27	0.31	0.72	FC
GO	-0.87	0.72	0.79	-0.83	0.79	0.88	-0.27		-0.89	-0.58	GO
KO	0.92	-0.7	-0.85	0.94	-0.79	-0.88	0.31	-0.89		0.56	KO
KR	0.38	-0.19	-0.23	0.42	-0.45	-0.68	0.72	-0.58	0.56		KR
	K	BG	BJ	CL	DG	EL	FC	GO	KO	KR

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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

KO	+ 0.94	CL
KO	+ 0.92	K
CL	+ 0.9	K
GO	+ 0.88	EL
DG	+ 0.84	BJ
GO	+ 0.79	BJ

High negative correlations

KO	- 0.89	GO
KO	- 0.88	EL
CL	- 0.87	BJ
GO	- 0.87	K
BG	- 0.86	K
KO	- 0.85	BJ

Risk-Adjusted Indicators

There is a big difference between Consumer Mutual Fund performing well and Consumer Products 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 Consumer Products' 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
K	1.15	0.62	0.49	(0.54)	0.00	(1.44)	3.34	(1.47)	17.43
BG	1.12	(0.15)	0.00	(0.04)	0.00	0.00	2.25	(2.77)	10.99
BJ	1.12	(0.24)	0.00	(0.21)	0.00	0.00	2.17	(2.06)	10.51
CL	0.75	0.08	(0.03)	0.64	0.68	(0.87)	1.77	(1.32)	4.80
DG	1.81	(0.45)	0.00	2.07	0.00	0.00	2.70	(3.23)	35.58
EL	1.42	(0.49)	0.00	(0.39)	0.00	0.00	2.48	(3.31)	9.49
FC	1.57	0.16	0.10	0.24	1.66	(1.78)	3.57	(2.95)	10.48
GO	1.96	(0.46)	0.00	(0.55)	0.00	0.00	4.93	(5.39)	12.32
KO	0.68	0.19	0.12	1.32	0.57	(0.80)	1.51	(1.38)	3.93
KR	1.04	0.06	(0.01)	0.24	1.04	(1.22)	2.17	(1.87)	9.23

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