Intech Managed Correlations

JRSIX Fund

USD 12.08 0.09 0.75%

The current 90-days correlation between Intech Managed Volatility and Lsv Small Cap is 0.21 (i.e., Modest diversification). The correlation of Intech Managed 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.

Intech Managed Correlation With Market

Modest diversification

The correlation between Intech Managed Volatility and DJI is 0.22 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Intech Managed Volatility 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 Intech Managed Volatility. 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 Intech Mutual Fund

0.71	JRAAX	Janus Research	Pair Corr
0.71	JRAIX	Janus Research	Pair Corr
0.71	JRARX	Janus Henderson Research	Pair Corr
0.71	JRASX	Janus Research	Pair Corr
0.73	JAAGX	Enterprise Portfolio	Pair Corr
0.77	JABAX	Janus Balanced	Pair Corr
0.77	JABCX	Janus Balanced	Pair Corr
0.93	JRSAX	Intech Managed Volatility	Pair Corr
1.0	JRSDX	Intech Managed Volatility	Pair Corr
1.0	JRSNX	Intech Managed Volatility	Pair Corr
1.0	JRSSX	Intech Managed Volatility	Pair Corr
1.0	JRSTX	Intech Managed Volatility	Pair Corr
0.69	JACNX	Janus Trarian	Pair Corr
0.67	JACTX	Janus Forty Fund	Pair Corr
0.75	JADGX	Janus Growth And	Pair Corr
0.77	JABNX	Janus Balanced	Pair Corr
0.77	JABRX	Janus Balanced	Pair Corr
0.91	JACCX	Janus Forty Fund	Pair Corr
0.72	JAENX	Janus Enterprise	Pair Corr
0.68	JAGTX	Janus Global Technology	Pair Corr
0.76	JAGIX	Janus Growth And	Pair Corr
0.65	JAIGX	Overseas Portfolio	Pair Corr
0.99	JANBX	Janus Balanced	Pair Corr
0.72	JANEX	Janus Enterprise	Pair Corr
0.89	JANIX	Janus Triton	Pair Corr
0.89	JANRX	Janus Global Select	Pair Corr

Moving against Intech Mutual Fund

0.75	JRSCX	Intech Managed Volatility	Pair Corr
0.72	JAFLX	Flexible Bond Portfolio	Pair Corr

Related Correlations Analysis

	LVAQX	CCSMX	GMLGX	LACFX	MFCAX	STK	MHD	MUJ	MXXIX
LVAQX		0.5	0.73	0.09	0.5	0.09	-0.17	0.32	0.71	LVAQX
CCSMX	0.5		0.45	0.05	0.55	-0.07	-0.19	-0.02	0.78	CCSMX
GMLGX	0.73	0.45		0.51	0.72	0.56	0.19	0.68	0.48	GMLGX
LACFX	0.09	0.05	0.51		0.81	0.79	0.52	0.35	0.21	LACFX
MFCAX	0.5	0.55	0.72	0.81		0.58	0.37	0.32	0.6	MFCAX
STK	0.09	-0.07	0.56	0.79	0.58		0.46	0.52	-0.04	STK
MHD	-0.17	-0.19	0.19	0.52	0.37	0.46		0.41	-0.21	MHD
MUJ	0.32	-0.02	0.68	0.35	0.32	0.52	0.41		-0.1	MUJ
MXXIX	0.71	0.78	0.48	0.21	0.6	-0.04	-0.21	-0.1		MXXIX
	LVAQX	CCSMX	GMLGX	LACFX	MFCAX	STK	MHD	MUJ	MXXIX

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

MFCAX	+ 0.81	LACFX
STK	+ 0.79	LACFX
MXXIX	+ 0.78	CCSMX
GMLGX	+ 0.73	LVAQX
MFCAX	+ 0.72	GMLGX
MXXIX	+ 0.71	LVAQX

High negative correlations

MXXIX	- 0.21	MHD
MHD	- 0.19	CCSMX
MHD	- 0.17	LVAQX
MXXIX	- 0.1	MUJ
STK	- 0.07	CCSMX
MXXIX	- 0.04	STK

Risk-Adjusted Indicators

There is a big difference between Intech Mutual Fund performing well and Intech Managed 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 Intech Managed'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
LVAQX	0.81	(0.12)	0.00	(0.05)	0.00	0.00	1.82	(1.66)	8.45
CCSMX	0.83	(0.05)	0.00	(0.15)	0.00	0.00	1.98	(1.65)	4.61
GMLGX	0.60	(0.03)	(0.04)	0.02	0.85	(0.58)	1.35	(1.21)	3.46
LACFX	0.77	(0.03)	(0.04)	0.02	0.97	(0.83)	1.26	(1.79)	4.62
MFCAX	0.99	(0.04)	(0.01)	0.03	1.20	(1.02)	1.83	(1.91)	5.11
STK	1.17	0.04	0.00	0.20	1.52	(1.14)	2.07	(2.74)	7.32
MHD	0.31	0.00	(0.10)	0.02	0.43	(0.32)	0.51	(0.69)	2.14
MUJ	0.36	0.08	0.10	0.39	0.09	(0.46)	0.96	(0.76)	2.36
MXXIX	0.89	(0.10)	0.00	(0.03)	0.00	0.00	1.61	(1.84)	4.85

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