State Street Correlations

Mutual Funds USA . 
Fund . State Street Target
The correlation of State Street 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.
  
Check out World Market Map to better understand how to build diversified portfolios. 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 employment.

Moving together with State Mutual Fund

  1.0VFIFX Vanguard Target RetiPairCorr
  0.88AALTX American Funds 2050PairCorr
  0.88CCITX American Funds 2050PairCorr
  1.0FAITX American Funds 2050PairCorr
  1.0FFFHX Fidelity Freedom 2050PairCorr
  1.0FZTKX Fidelity Freedom 2050PairCorr
  1.0FRLPX Fidelity Freedom IndexPairCorr
  1.0TRJLX T Rowe PricePairCorr
  1.0FIPFX Fidelity Freedom IndexPairCorr
  0.94PHK Pimco High IncomePairCorr
  0.98UIVMX Mfs Intrinsic ValuePairCorr
  0.99JNRFX Janus ResearchPairCorr
  0.67WATPX Western Asset InflationPairCorr
  0.84MAUKX Pioneer Multi AssetPairCorr
  0.75HHMIX The Hartford MunicipalPairCorr
  0.88CVLOX Calamos Global GrowthPairCorr
  0.81ARSVX Amg River RoadPairCorr
  0.62CAT CaterpillarPairCorr
  0.61JPM JPMorgan Chase Sell-off TrendPairCorr

Moving against State Mutual Fund

  0.58MCD McDonaldsPairCorr
  0.41TRV The Travelers CompaniesPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between State Mutual Fund performing well and State Street 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 State Street'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.

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
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY