FLOATING RATE Correlations

LARCX Fund

USD 7.95 0.02 0.25%

Current 90-days correlation between Floating Rate and BlackRock Conservative Prprdptfinstttnl is -0.04 (i.e., Good diversification).The correlation of FLOATING RATE is a statistical measure of how it moves in relation to other instruments. The correlation coefficient ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5.

FLOATING RATE vs Market Correlation

Weak diversification

Across the chosen horizon, LARCX and DJI show a correlation of 0.37 and fall into the Weak diversification bucket. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.

Use Correlation Analysis to better understand diversified portfolio construction. Additional portfolio transparency improves capital positioning. This includes a position in Floating Rate Fund across the allocation. 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 services.

Moving together with FLOATING Mutual Fund

0.95	LFRAX	Floating Rate	Pair Corr
0.99	LFRFX	Floating Rate	Pair Corr
0.99	LFRIX	Floating Rate	Pair Corr
1.0	LFRRX	Lord Abbett Inv	Pair Corr
0.93	LFROX	Lord Abbett Floating	Pair Corr

Moving against FLOATING Mutual Fund

0.35	HYMCX	Lord Abbett High	Pair Corr
0.46	NYLAX	Lord Abbett New	Pair Corr
0.44	LONSX	Lord Abbett National	Pair Corr

Related Correlations Analysis

	HUDEX	LIXRX	QDARX	FZABX	HIIDX	DTICX	CFAIX	BICPX
HUDEX		0.85	0.67	0.83	0.84	0.68	0.88	0.79	HUDEX
LIXRX	0.85		0.83	0.99	0.96	0.78	0.98	0.98	LIXRX
QDARX	0.67	0.83		0.87	0.91	0.65	0.79	0.84	QDARX
FZABX	0.83	0.99	0.87		0.96	0.74	0.96	0.96	FZABX
HIIDX	0.84	0.96	0.91	0.96		0.76	0.93	0.94	HIIDX
DTICX	0.68	0.78	0.65	0.74	0.76		0.72	0.82	DTICX
CFAIX	0.88	0.98	0.79	0.96	0.93	0.72		0.96	CFAIX
BICPX	0.79	0.98	0.84	0.96	0.94	0.82	0.96		BICPX
	HUDEX	LIXRX	QDARX	FZABX	HIIDX	DTICX	CFAIX	BICPX

Risk-Adjusted Indicators

There is a big difference between FLOATING Mutual Fund performing well and FLOATING RATE 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 FLOATING RATE'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
HUDEX	0.53	0.02	0.03	0.01	0.71	-0.57	0.89	-1.12	4.42
LIXRX	0.24	0.01	0.05	0.02	0.29	-0.26	0.41	-0.58	1.77
QDARX	0.07	0.01	0.14	-0.66	0.00	-0.11	0.16	-0.15	0.47
FZABX	0.75	0.08	0.07	0.08	1.07	-0.73	1.45	-1.69	6.04
HIIDX	0.74	0.18	0.16	0.21	0.90	-0.78	1.41	-1.44	9.06
DTICX	0.06	0.00	0.08	-0.07	0.00	-0.17	0.25	-0.13	0.38
CFAIX	0.22	0.00	0.03	-0.01	0.28	-0.25	0.43	-0.53	1.42
BICPX	0.20	0.02	0.07	0.05	0.22	-0.24	0.43	-0.51	1.35

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