Deutsche Croci Correlations

SUIIX Fund  USD 58.20  0.11  0.19%   
The current 90-days correlation between Deutsche Croci Inter and Western Asset Diversified is -0.18 (i.e., Good diversification). The correlation of Deutsche Croci 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.

Deutsche Croci Correlation With Market

Good diversification

The correlation between Deutsche Croci International and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Deutsche Croci International and DJI in the same portfolio, assuming nothing else is changed.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Deutsche Croci International. 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 gross domestic product.

Moving together with Deutsche Mutual Fund

  0.73SRMAX Deutsche Short TermPairCorr
  0.72SRMCX Deutsche Short TermPairCorr
  0.69KTCCX Deutsche Science AndPairCorr
  0.69KTCAX Deutsche Science AndPairCorr
  0.74KTCIX Deutsche Science AndPairCorr
  0.9KTCSX Deutsche Science AndPairCorr
  0.71SRMSX Deutsche Short TermPairCorr
  0.93KTRAX Deutsche Global IncomePairCorr
  0.79KTRCX Deutsche Global IncomePairCorr
  0.9KTRIX Deutsche Global IncomePairCorr
  0.91KTRSX Deutsche Global IncomePairCorr
  0.91KTRZX Deutsche Global IncomePairCorr
  0.85SSDZX Deutsche Small CapPairCorr
  0.85SSDAX Deutsche Small CapPairCorr
  0.84SSDCX Deutsche Small CapPairCorr
  0.85SSDIX Deutsche Small CapPairCorr
  0.85SSDSX Deutsche Small CapPairCorr
  0.82SSLCX Deutsche Small CapPairCorr
  0.76KDHSX Deutsche Croci EquityPairCorr
  0.75KDHCX Deutsche Croci EquityPairCorr
  0.83KDHAX Deutsche Croci EquityPairCorr
  0.77KDHIX Deutsche Croci EquityPairCorr
  0.9SCDGX Deutsche E EquityPairCorr
  0.92SCEMX Deutsche EnhancedPairCorr
  0.94SCINX Deutsche Croci InterPairCorr
  0.9SCGSX Deutsche Capital GrowthPairCorr
  0.84SCOBX Deutsche Global GrowthPairCorr
  0.89SCQGX Deutsche Large CapPairCorr
  0.9SCPIX Deutsche Sp 500PairCorr
  0.71SCSBX Deutsche E PlusPairCorr

Moving against Deutsche Mutual Fund

  0.6NOTCX Deutsche Strategic HighPairCorr
  0.55KCTCX Deutsche California TaxPairCorr
  0.53KCTAX Deutsche California TaxPairCorr
  0.51NOTAX Deutsche Strategic HighPairCorr
  0.5NOTIX Deutsche Strategic HighPairCorr
  0.42SCMBX Deutsche Managed MunPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Deutsche Mutual Fund performing well and Deutsche Croci 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 Deutsche Croci'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.