Matson Money Correlations

FMVUX Fund

USD 33.27 0.38 1.16%

The current 90-days correlation between Matson Money Equity and Vanguard Total Stock is 0.83 (i.e., Very poor diversification). The correlation of Matson Money 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.

Matson Money Correlation With Market

Very poor diversification

The correlation between Matson Money Equity and DJI is 0.89 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Matson Money Equity and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Matson Money 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 employment.

Moving together with Matson Mutual Fund

0.95	CVLOX	Calamos Global Growth	Pair Corr
0.94	AA	Alcoa Corp	Pair Corr
0.98	CAT	Caterpillar	Pair Corr
0.97	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.95	MSFT	Microsoft Earnings Call This Week	Pair Corr
0.83	INTC	Intel	Pair Corr
0.97	BAC	Bank of America Aggressive Push	Pair Corr
0.89	MMM	3M Company	Pair Corr
0.92	DD	Dupont De Nemours Earnings Call This Week	Pair Corr
0.92	DIS	Walt Disney	Pair Corr
0.86	PFE	Pfizer Inc Sell-off Trend	Pair Corr

Moving against Matson Mutual Fund

0.68

MCD

McDonalds

Pair Corr

Related Correlations Analysis

	VTSAX	VFIAX	VTSMX	VITSX	VSTSX	VSMPX	VFINX	VFFSX
VTSAX		1.0	1.0	0.87	1.0	1.0	0.88	1.0	VTSAX
VFIAX	1.0		1.0	0.88	1.0	1.0	0.88	1.0	VFIAX
VTSMX	1.0	1.0		0.87	1.0	1.0	0.88	1.0	VTSMX
VITSX	0.87	0.88	0.87		0.87	0.87	1.0	0.88	VITSX
VSTSX	1.0	1.0	1.0	0.87		1.0	0.88	1.0	VSTSX
VSMPX	1.0	1.0	1.0	0.87	1.0		0.88	1.0	VSMPX
VFINX	0.88	0.88	0.88	1.0	0.88	0.88		0.88	VFINX
VFFSX	1.0	1.0	1.0	0.88	1.0	1.0	0.88		VFFSX
	VTSAX	VFIAX	VTSMX	VITSX	VSTSX	VSMPX	VFINX	VFFSX

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Risk-Adjusted Indicators

There is a big difference between Matson Mutual Fund performing well and Matson Money 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 Matson Money'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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
VTSAX	0.55	0.06	0.00	0.31	0.14	(0.65)	1.15	(0.81)	5.05
VFIAX	0.53	0.05	(0.01)	0.31	0.08	(0.64)	1.12	(0.79)	4.88
VTSMX	0.54	0.05	0.00	0.30	0.17	(0.64)	1.15	(0.81)	5.04
VITSX	0.54	0.25	(0.01)	(1.82)	0.15	(0.64)	1.15	(0.81)	5.05
VSTSX	0.54	0.05	0.00	0.30	0.16	(0.62)	1.15	(0.81)	5.04
VSMPX	0.55	0.05	0.00	0.30	0.16	(0.64)	1.15	(0.81)	5.04
VFINX	0.53	0.24	(0.01)	(2.74)	0.00	(0.65)	1.12	(0.79)	4.88
VFFSX	0.53	0.05	(0.01)	0.31	0.08	(0.61)	1.11	(0.78)	4.88

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