Teton Westwood Correlations

Mutual Funds . USA . 
Fund . Teton Westwood Equity
WEECX Fund  USD 12.40  0.13  1.04%   
The current 90-days correlation between Teton Westwood Equity and Teton Westwood Balanced is 0.95 (i.e., Almost no diversification). The correlation of Teton Westwood 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.

Teton Westwood Correlation With Market

Almost no diversification

The correlation between Teton Westwood Equity and DJI is 0.93 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Teton Westwood Equity and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Teton Westwood Equity. 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 main economic indicators.

Moving together with Teton Mutual Fund

  0.97WBBIX Teton Westwood BalancedPairCorr
  0.97WBCCX Teton Westwood BalancedPairCorr
  0.89WEBCX Teton Westwood BalancedPairCorr
  0.97WEBAX Teton Westwood BalancedPairCorr
  1.0WEEIX Teton Westwood EquityPairCorr
  0.92WEICX Teton Vertible SecuritiesPairCorr
  0.9WEIAX Teton Vertible SecuritiesPairCorr
  0.9WEIMX Teton Westwood MightyPairCorr
  0.89WEMMX Teton Westwood MightyPairCorr
  0.91WEQCX Teton Westwood EquityPairCorr
  1.0WESWX Teton Westwood EquityPairCorr
  0.92WESRX Teton Vertible SecuritiesPairCorr
  0.86WESCX Teton Westwood SmallPairCorr
  0.92WESIX Teton Vertible SecuritiesPairCorr
  0.86WWSAX Teton Westwood SmallPairCorr
  0.86WWSIX Teton Westwood SmallPairCorr
  0.85WWSCX Teton Westwood SmallPairCorr
  0.89WMMCX Teton Westwood MightyPairCorr
  0.89WMMAX Teton Westwood MightyPairCorr
  0.88VVIAX Vanguard Value IndexPairCorr
  0.91DOXGX Dodge Cox StockPairCorr
  0.9AFMFX American MutualPairCorr
  0.84FFMMX American Funds AmericanPairCorr
  0.9FFFMX American Funds AmericanPairCorr
  0.9AMRMX American MutualPairCorr
  0.84AMFFX American MutualPairCorr
  0.9AMFCX American MutualPairCorr
  0.97DODGX Dodge Stock FundPairCorr
  0.94VIVAX Vanguard Value IndexPairCorr
  0.94VTSAX Vanguard Total StockPairCorr
  0.89VFIAX Vanguard 500 IndexPairCorr
  0.94VTSMX Vanguard Total StockPairCorr
  0.94VSMPX Vanguard Total StockPairCorr
  0.94VSTSX Vanguard Total StockPairCorr
  0.9VITSX Vanguard Total StockPairCorr
  0.89VFINX Vanguard 500 IndexPairCorr
  0.93VFFSX Vanguard 500 IndexPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Teton Mutual Fund performing well and Teton Westwood 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 Teton Westwood'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
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY