Consumer Services Correlations

CYPIX Fund

USD 77.65 0.81 1.03%

The current 90-days correlation between Consumer Services and Royce Global Value is -0.03 (i.e., Good diversification). The correlation of Consumer Services 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.

Consumer Services Correlation With Market

Good diversification

The correlation between Consumer Services Ultrasector and DJI is -0.2 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Consumer Services Ultrasector 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 Consumer Services Ultrasector. 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 Consumer Mutual Fund

0.66	LGPIX	Large Cap Growth	Pair Corr
0.63	LGPSX	Profunds Large Cap	Pair Corr
0.67	WCPSX	Mobile Telecommunicatio	Pair Corr
0.7	CYPSX	Consumer Services	Pair Corr

Moving against Consumer Mutual Fund

0.68	BRPIX	Bear Profund Bear	Pair Corr
0.68	BRPSX	Bear Profund Bear	Pair Corr
0.62	UIPSX	Ultrashort Mid Cap	Pair Corr
0.38	UKPSX	Ultrashort Japan Profund	Pair Corr
0.38	UKPIX	Ultrashort Japan Profund	Pair Corr
0.35	UIPIX	Ultrashort Mid Cap	Pair Corr
0.36	RRPSX	Rising Rates Opportunity	Pair Corr
0.36	RRPIX	Rising Rates Opportunity	Pair Corr

Related Correlations Analysis

	RGT	HILFX	SWYBX	SSGFX	NSDVX	BIPSX	IAFLX	IAFMX	MTPIX	PCM
RGT		0.73	0.41	0.42	0.49	0.16	0.24	0.23	0.0	0.75	RGT
HILFX	0.73		0.27	0.33	0.56	0.05	0.26	0.2	0.0	0.57	HILFX
SWYBX	0.41	0.27		0.96	-0.32	0.85	0.84	0.81	0.0	0.33	SWYBX
SSGFX	0.42	0.33	0.96		-0.33	0.81	0.91	0.87	0.0	0.32	SSGFX
NSDVX	0.49	0.56	-0.32	-0.33		-0.57	-0.48	-0.49	0.0	0.37	NSDVX
BIPSX	0.16	0.05	0.85	0.81	-0.57		0.72	0.83	0.0	0.14	BIPSX
IAFLX	0.24	0.26	0.84	0.91	-0.48	0.72		0.85	0.0	0.25	IAFLX
IAFMX	0.23	0.2	0.81	0.87	-0.49	0.83	0.85		0.0	0.29	IAFMX
MTPIX	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	MTPIX
PCM	0.75	0.57	0.33	0.32	0.37	0.14	0.25	0.29	0.0		PCM
	RGT	HILFX	SWYBX	SSGFX	NSDVX	BIPSX	IAFLX	IAFMX	MTPIX	PCM

Please upgrade your account to get full access to Macroaxis premium features

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

SSGFX	+ 0.96	SWYBX
IAFLX	+ 0.91	SSGFX
IAFMX	+ 0.87	SSGFX
BIPSX	+ 0.85	SWYBX
IAFMX	+ 0.85	IAFLX
IAFLX	+ 0.84	SWYBX

High negative correlations

BIPSX	- 0.57	NSDVX
IAFMX	- 0.49	NSDVX
IAFLX	- 0.48	NSDVX
NSDVX	- 0.33	SSGFX
NSDVX	- 0.32	SWYBX
PCM	- 0.0	MTPIX

Risk-Adjusted Indicators

There is a big difference between Consumer Mutual Fund performing well and Consumer Services 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 Consumer Services' 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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
RGT	0.58	(0.05)	(0.08)	0.00	0.80	(0.59)	1.27	(1.17)	4.64
HILFX	0.91	(0.14)	0.00	(0.01)	0.00	0.00	1.56	(1.81)	7.14
SWYBX	0.23	0.01	(0.11)	0.10	0.17	(0.27)	0.50	(0.43)	1.75
SSGFX	0.63	(0.01)	(0.03)	0.06	0.80	(0.65)	1.35	(1.29)	4.41
NSDVX	0.69	(0.11)	0.00	(0.05)	0.00	0.00	1.57	(1.49)	5.48
BIPSX	1.63	0.38	0.22	0.33	1.52	(1.84)	4.66	(2.78)	8.99
IAFLX	0.87	0.12	0.03	(1.06)	1.17	(0.92)	1.75	(1.87)	5.32
IAFMX	0.86	0.10	0.01	(0.94)	1.12	(0.93)	1.74	(1.87)	5.31
MTPIX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
PCM	0.52	0.00	(0.04)	0.09	0.94	(0.59)	1.36	(1.27)	5.87

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