Principal Lifetime Correlations
LTAPX Fund | USD 8.63 0.08 0.94% |
The current 90-days correlation between Principal Lifetime 2015 and Lord Abbett Short is -0.15 (i.e., Good diversification). The correlation of Principal Lifetime 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.
Principal |
Moving together with Principal Mutual Fund
0.71 | SABPX | Strategic Asset Mana | PairCorr |
0.7 | SACAX | Strategic Asset Mana | PairCorr |
0.7 | SAGPX | Strategic Asset Mana | PairCorr |
0.7 | PFIJX | Strategic Asset Mana | PairCorr |
0.69 | PFIFX | Strategic Asset Mana | PairCorr |
0.61 | PFISX | International Small Pany | PairCorr |
0.69 | PFIPX | Strategic Asset Mana | PairCorr |
0.71 | SAIPX | Strategic Asset Mana | PairCorr |
0.7 | PFLJX | Principal Lifetime 2050 | PairCorr |
0.68 | PFPPX | Midcap Growth | PairCorr |
0.7 | SAUPX | Strategic Asset Mana | PairCorr |
0.73 | PFUMX | Finisterre Unconstrained | PairCorr |
0.71 | PGBAX | Global Diversified Income | PairCorr |
0.7 | PGBLX | Global Diversified Income | PairCorr |
0.68 | PGBEX | Blue Chip Fund | PairCorr |
0.68 | PGBGX | Blue Chip Fund | PairCorr |
0.68 | PGBHX | Blue Chip Fund | PairCorr |
0.69 | PGDCX | Global Diversified Income | PairCorr |
0.7 | PGDIX | Global Diversified Income | PairCorr |
0.73 | PGLSX | Global Multi Strategy | PairCorr |
0.65 | STCCX | Short Term Income | PairCorr |
0.63 | PGRTX | Smallcap Growth | PairCorr |
0.68 | PGWIX | Midcap Growth | PairCorr |
0.7 | SCBPX | Strategic Asset Mana | PairCorr |
0.7 | SCIPX | Strategic Asset Mana | PairCorr |
0.7 | SCGPX | Strategic Asset Mana | PairCorr |
0.7 | PHJEX | Principal Lifetime Hybrid | PairCorr |
0.7 | PHJFX | Principal Lifetime Hybrid | PairCorr |
0.7 | PHJGX | Principal Lifetime Hybrid | PairCorr |
0.7 | PHJBX | Principal Lifetime Hybrid | PairCorr |
0.7 | PHJDX | Principal Lifetime Hybrid | PairCorr |
0.7 | PHJNX | Principal Lifetime Hybrid | PairCorr |
0.7 | PHJQX | Principal Lifetime Hybrid | PairCorr |
0.7 | PHJJX | Principal Lifetime Hybrid | PairCorr |
Related Correlations Analysis
0.99 | 0.99 | 0.98 | 0.98 | 0.99 | LSYFX | ||
0.99 | 0.99 | 0.98 | 0.98 | 0.99 | FPIOX | ||
0.99 | 0.99 | 0.98 | 0.98 | 1.0 | NHIEX | ||
0.98 | 0.98 | 0.98 | 0.99 | 0.98 | DNHYX | ||
0.98 | 0.98 | 0.98 | 0.99 | 0.98 | PHDTX | ||
0.99 | 0.99 | 1.0 | 0.98 | 0.98 | ACHFX | ||
Risk-Adjusted Indicators
There is a big difference between Principal Mutual Fund performing well and Principal Lifetime 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 Principal Lifetime'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
LSYFX | 0.13 | 0.03 | (0.32) | 0.41 | 0.00 | 0.43 | 1.14 | |||
FPIOX | 0.12 | 0.03 | (0.36) | 0.37 | 0.00 | 0.46 | 0.81 | |||
NHIEX | 0.14 | 0.03 | (0.33) | 0.37 | 0.00 | 0.53 | 0.92 | |||
DNHYX | 0.12 | 0.04 | (0.32) | 0.40 | 0.00 | 0.24 | 0.71 | |||
PHDTX | 0.10 | 0.03 | (0.28) | 0.31 | 0.00 | 0.23 | 0.89 | |||
ACHFX | 0.13 | 0.03 | (0.29) | 0.33 | 0.00 | 0.48 | 1.04 |