Cohen Steers Correlations

Mutual Funds . USA . 
Fund . Cohen Steers Preferred
CPXFX Fund  USD 12.48  0.01  0.08%   
The current 90-days correlation between Cohen Steers Preferred and Pace Smallmedium Value is 0.37 (i.e., Weak diversification). The correlation of Cohen Steers 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.

Cohen Steers Correlation With Market

Good diversification

The correlation between Cohen Steers Preferred and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cohen Steers Preferred and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cohen Steers Preferred. 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 price.
For more information on how to buy Cohen Mutual Fund please use our How to Invest in Cohen Steers guide.

Moving together with Cohen Mutual Fund

  0.74MLOAX Cohen Steers MlpPairCorr
  0.63MLOCX Cohen Steers MlpPairCorr
  0.64MLORX Cohen Steers MlpPairCorr
  0.74MLOZX Cohen Steers MlpPairCorr
  0.7PISHX Cohen Steers PreferredPairCorr
  0.79IRFZX Cohen Steers IntlPairCorr
  0.79IRFAX Cohen Steers InternaPairCorr
  0.78IRFCX Cohen Steers InternaPairCorr
  0.73IRFIX Cohen Steers InternaPairCorr
  0.73IRFRX Cohen Steers IntlPairCorr
  0.71LPXRX Cohen Steers LowPairCorr
  0.99LPXZX Cohen Steers LowPairCorr
  0.93LPXCX Cohen Steers LowPairCorr
  1.0LPXFX Cohen Steers LowPairCorr
  0.7LPXIX Cohen Steers LowPairCorr
  1.0CPRRX Cohen Steers PreferredPairCorr
  0.94CPXIX Cohen Steers PrfrdPairCorr
  0.94CPXCX Cohen Steers PrefrdPairCorr
  1.0CPXAX Cohen Steers PreferdPairCorr
  1.0CPXZX Cohen Steers PreferredPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Cohen Mutual Fund performing well and Cohen Steers 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 Cohen Steers' 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