PERMANENT PORTFOLIO Competition
| PRPDX Fund | USD 79.18 -0.96 -1.20% |
PERMANENT PORTFOLIO and VANGUARD LIMITED-TERM Correlation Details
Very poor diversification
The correlation between PRPDX and VMLTX is 0.84, which Macroaxis classifies as Very poor diversification for the selected horizon. This matters because lower overlap can improve diversification, while higher overlap leaves more of the same risk inside the portfolio.
Moving together with PERMANENT Mutual Fund
The concept of mean reversion suggests that PERMANENT PORTFOLIO's price will eventually return toward its long-run average. High prices may deter value investors, while unusually low prices often attract buyers who anticipate a recovery.
PERMANENT PORTFOLIO Competition Correlation Matrix
Studying peer correlation around Permanent Portfolio Class gives investors a cleaner read on how much independent price behavior still exists across the competitive set. Used correctly, correlation analysis helps separate broad industry exposure from company-specific behavior before additional capital is allocated across the peer group.
| 0.97 | 0.92 | 0.95 | 0.95 | 0.96 | PCMNX | ||
| 0.97 | 0.95 | 0.98 | 0.98 | 0.98 | MSTPX | ||
| 0.92 | 0.95 | 0.92 | 0.92 | 0.89 | CRATX | ||
| 0.95 | 0.98 | 0.92 | 0.98 | 0.98 | PRFHX | ||
| 0.95 | 0.98 | 0.92 | 0.98 | 0.97 | FHTFX | ||
| 0.96 | 0.98 | 0.89 | 0.98 | 0.97 | VMLTX | ||
Risk-Adjusted Indicators
Evaluating PERMANENT Mutual Fund requires separating price momentum from underlying business quality relative to competitors. Without reviewing risk-adjusted indicators, investors may overweight recent returns and underweight the volatility required to achieve them. 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PCMNX | 0.07 | 0.01 | 0.30 | 0.20 | 0.00 | 0.16 | 0.72 | |||
| MSTPX | 0.07 | 0.01 | 0.42 | 0.56 | 0.00 | 0.10 | 0.60 | |||
| CRATX | 0.12 | 0.00 | 0.42 | -0.04 | 0.10 | 0.21 | 0.83 | |||
| PRFHX | 0.12 | 0.02 | 0.42 | 0.48 | 0.00 | 0.27 | 1.17 | |||
| FHTFX | 0.10 | 0.01 | 0.40 | 2.48 | 0.00 | 0.13 | 0.74 | |||
| VMLTX | 0.05 | 0.01 | 0.62 | 0.68 | 0.00 | 0.09 | 0.55 |
PERMANENT PORTFOLIO Competitive Analysis
| Better Than Average | Worse Than Peers | View Performance Chart |
PERMANENT PORTFOLIO Competition Peer Performance Charts
How to Analyze PERMANENT PORTFOLIO Against Peers
PERMANENT PORTFOLIO's peer analysis compares PERMANENT PORTFOLIO with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether PERMANENT PORTFOLIO trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where PERMANENT PORTFOLIO leads or lags and what catalysts could close or widen the gap.
Peer Comparison Metrics & Methodology
The peer benchmarking view for PERMANENT PORTFOLIO is most useful when filtered by business model similarity rather than just sector classification, which can be too broad to be actionable. Peer benchmarking can improve context for valuation without relying only on standalone multiples.
For Permanent Portfolio Class, this section uses fund disclosures and market reference feeds with Macroaxis normalization rules applied to keep cross-asset comparisons consistent. Intraday timing differences may exist.