Retirement Living Correlations

JRTJX Fund  USD 13.88  0.04  0.29%   
The current 90-days correlation between Retirement Living Through and Small Cap Value Fund is -0.11 (i.e., Good diversification). The correlation of Retirement Living 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.

Retirement Living Correlation With Market

Average diversification

The correlation between Retirement Living Through and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Retirement Living Through 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 Retirement Living Through. 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 board of governors.

Moving together with Retirement Mutual Fund

  0.76JQLMX Multimanager LifestylePairCorr
  0.62JQLAX Multimanager LifestylePairCorr
  0.73JQLCX Multimanager LifestylePairCorr
  0.62JQLGX Multimanager LifestylePairCorr
  0.75JRETX J Hancock IiPairCorr
  0.84JRLDX Retirement Living ThroughPairCorr
  0.89JRLFX Multi Index 2010PairCorr
  0.63JRLIX Retirement Living ThroughPairCorr
  0.83JRLHX Retirement Living ThroughPairCorr
  0.85JRLKX Multi Index 2015PairCorr
  0.98JRLLX Retirement Living ThroughPairCorr
  0.86JRLOX Retirement Living ThroughPairCorr
  0.67JRLQX Retirement Living ThroughPairCorr
  0.64JRLPX Multi Index 2020PairCorr
  0.87JRLUX Multi Index 2045PairCorr
  0.84JRLWX Retirement Living ThroughPairCorr
  0.84JRLVX Retirement Living ThroughPairCorr
  0.77JRLZX Retirement Living ThroughPairCorr
  0.96JROUX J Hancock IiPairCorr
  0.77JRODX J Hancock IiPairCorr
  0.67JAAFX Jhancock Multi IndexPairCorr
  0.67JAAJX Jhancock Multi IndexPairCorr
  0.92JAAIX Alternative AssetPairCorr
  0.99JAAKX Jhancock Multi IndexPairCorr
  0.92JAAPX Alternative AssetPairCorr
  0.76JRTBX Retirement Living ThroughPairCorr
  0.64JRTAX Retirement Living ThroughPairCorr
  0.81JAARX Alternative AssetPairCorr
  0.86JRTDX Multi Index 2025PairCorr
  0.77JRTGX Retirement Living ThroughPairCorr
  1.0JRTFX Retirement Living ThroughPairCorr
  0.61JAASX Alternative AssetPairCorr
  0.75JRTIX Multi Index 2030PairCorr
  0.84JAAVX Jhancock MultimanagerPairCorr
  0.87JRTKX Retirement Living ThroughPairCorr
  0.72JAAWX Jhancock MultimanagerPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Retirement Mutual Fund performing well and Retirement Living 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 Retirement Living'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.