Emerging Markets Correlations

Mutual Funds . USA . 
Fund . Emerging Markets Fund
JEVAX Fund  USD 9.77  0.03  0.31%   
The current 90-days correlation between Emerging Markets and Pace Strategic Fixed is -0.1 (i.e., Good diversification). The correlation of Emerging Markets 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.

Emerging Markets Correlation With Market

Weak diversification

The correlation between Emerging Markets Fund and DJI is 0.36 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Emerging Markets Fund and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Emerging Markets Fund. 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 nation.

Moving together with Emerging Mutual Fund

  0.79FRBAX Regional BankPairCorr
  0.79FRBCX Regional BankPairCorr
  0.79JQLMX Multimanager LifestylePairCorr
  0.9JQLBX Multimanager LifestylePairCorr
  0.9JQLAX Multimanager LifestylePairCorr
  0.88JQLCX Multimanager LifestylePairCorr
  0.87JQLGX Multimanager LifestylePairCorr
  0.79JRBFX Regional BankPairCorr
  0.79JRETX J Hancock IiPairCorr
  0.79JRGRX Regional BankPairCorr
  0.88JRLDX Retirement Living ThroughPairCorr
  0.86JRLIX Retirement Living ThroughPairCorr
  0.88JRLHX Retirement Living ThroughPairCorr
  0.89JRLKX Multi Index 2015PairCorr
  0.89JRLLX Retirement Living ThroughPairCorr
  0.98JRLOX Retirement Living ThroughPairCorr
  0.9JRLQX Retirement Living ThroughPairCorr
  0.79JRLUX Multi Index 2045PairCorr
  0.79JRLWX Retirement Living ThroughPairCorr
  0.9JRLVX Retirement Living ThroughPairCorr
  0.79JRLZX Retirement Living ThroughPairCorr
  0.9JROUX J Hancock IiPairCorr
  0.9JRODX J Hancock IiPairCorr
  0.99JAAFX Jhancock Multi IndexPairCorr
  0.9JAAJX Jhancock Multi IndexPairCorr
  0.9JAAKX Jhancock Multi IndexPairCorr
  0.89JRTBX Retirement Living ThroughPairCorr
  0.89JRTAX Retirement Living ThroughPairCorr
  0.79JRTGX Retirement Living ThroughPairCorr
  0.98JRTFX Retirement Living ThroughPairCorr
  0.89JAASX Alternative AssetPairCorr
  0.9JRTIX Multi Index 2030PairCorr
  0.99JAAVX Jhancock MultimanagerPairCorr
  0.79JRTKX Retirement Living ThroughPairCorr
  0.9JRTJX Retirement Living ThroughPairCorr
  0.9JAAWX Jhancock MultimanagerPairCorr
  0.87JRTMX Multi Index 2035PairCorr
  0.99JAAZX Jhancock MultimanagerPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Emerging Mutual Fund performing well and Emerging Markets 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 Emerging Markets' 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