Correlation Between Perkins Select and Timothy Aggressive

Can any of the company-specific risk be diversified away by investing in both Perkins Select and Timothy Aggressive at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining Perkins Select and Timothy Aggressive into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between Perkins Select Value and Timothy Aggressive Growth, you can compare the effects of market volatilities on Perkins Select and Timothy Aggressive and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Perkins Select with a short position of Timothy Aggressive. Check out your portfolio center. Please also check ongoing floating volatility patterns of Perkins Select and Timothy Aggressive.

Diversification Opportunities for Perkins Select and Timothy Aggressive

-0.29

Correlation Coefficient

Perkins Select  Timothy Aggressive

Very good diversification

The 3 months correlation between Perkins and Timothy is -0.29. Overlapping area represents the amount of risk that can be diversified away by holding Perkins Select Value and Timothy Aggressive Growth in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Timothy Aggressive Growth and Perkins Select is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Perkins Select Value are associated (or correlated) with Timothy Aggressive. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Timothy Aggressive Growth has no effect on the direction of Perkins Select i.e., Perkins Select and Timothy Aggressive go up and down completely randomly.

Pair Corralation between Perkins Select and Timothy Aggressive

Assuming the 90 days horizon Perkins Select Value is expected to under-perform the Timothy Aggressive. But the mutual fund apears to be less risky and, when comparing its historical volatility, Perkins Select Value is 1.16 times less risky than Timothy Aggressive. The mutual fund trades about -0.01 of its potential returns per unit of risk. The Timothy Aggressive Growth is currently generating about 0.12 of returns per unit of risk over similar time horizon. If you would invest  1,323  in Timothy Aggressive Growth on September 6, 2025 and sell it today you would earn a total of  124.00  from holding Timothy Aggressive Growth or generate 9.37% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Moves Against
Strength	Insignificant
Accuracy	100.0%
Values	Daily Returns

Perkins Select Value  vs.  Timothy Aggressive Growth

Perkins Select Value

Risk-Adjusted Performance

Weakest

Over the last 90 days Perkins Select Value has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Perkins Select is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.

Timothy Aggressive Growth

Risk-Adjusted Performance

Fair

Compared to the overall equity markets, risk-adjusted returns on investments in Timothy Aggressive Growth are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak technical and fundamental indicators, Timothy Aggressive may actually be approaching a critical reversion point that can send shares even higher in January 2026.

Pair Trading with Perkins Select and Timothy Aggressive

The main advantage of trading using opposite Perkins Select and Timothy Aggressive positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Perkins Select position performs unexpectedly, Timothy Aggressive can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Timothy Aggressive will offset losses from the drop in Timothy Aggressive's long position.

The idea behind Perkins Select Value and Timothy Aggressive Growth pairs trading is to make the combined position market-neutral, meaning the overall market's direction will not affect its win or loss (or potential downside or upside). This can be achieved by designing a pairs trade with two highly correlated stocks or equities that operate in a similar space or sector, making it possible to obtain profits through simple and relatively low-risk investment.

Check out your portfolio center.

Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.