Commodityrealreturn Correlations

PCRCX Fund

USD 12.58 0.05 0.40%

The current 90-days correlation between Commodityrealreturn and Biotechnology Fund Class is -0.08 (i.e., Good diversification). The correlation of Commodityrealreturn 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.

Commodityrealreturn Correlation With Market

Poor diversification

The correlation between Commodityrealreturn Strategy F and DJI is 0.75 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Commodityrealreturn Strategy F and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Commodityrealreturn Strategy 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 private.

Moving together with Commodityrealreturn Mutual Fund

0.71	PWLEX	Pimco Rae Worldwide	Pair Corr
0.72	PWLMX	Pimco Rae Worldwide	Pair Corr
0.72	PWLIX	Pimco Rae Worldwide	Pair Corr
0.64	PFBPX	Pimco Foreign Bond	Pair Corr
0.91	PFCJX	Pimco Preferred And	Pair Corr
0.75	PFATX	Pimco Fundamental	Pair Corr
0.91	PFANX	Pimco Capital Sec	Pair Corr
0.83	PFIAX	Pimco Floating Income	Pair Corr
0.83	PFIIX	Pimco Floating Income	Pair Corr
0.91	PFINX	Pimco Capital Sec	Pair Corr
0.74	PFMIX	Municipal Bond	Pair Corr
0.83	PFNCX	Pimco Floating Income	Pair Corr
0.64	PFONX	Pimco International Bond	Pair Corr
0.65	PFORX	Pimco Foreign Bond	Pair Corr
0.85	PFRCX	Foreign Bond	Pair Corr
0.62	PFRAX	Pimco Foreign Bond	Pair Corr
0.97	PFRMX	Pimco Inflation Response	Pair Corr
0.91	PFPNX	Pimco Capital Sec	Pair Corr
0.81	PFTPX	Pimco Floating Income	Pair Corr
0.61	PFRRX	Pimco Foreign Bond	Pair Corr
0.9	PFSIX	Pimco Emerging Markets	Pair Corr
0.88	PFUUX	Pimco Foreign Bond	Pair Corr
0.87	PFUAX	Foreign Bond	Pair Corr
0.88	PFUIX	Foreign Bond	Pair Corr
0.88	PFUPX	Pimco Foreign Bond	Pair Corr
0.91	PGAPX	Pimco Global Multi	Pair Corr
0.76	PXTIX	Fundamental Indexplus	Pair Corr
0.76	PXTNX	Pimco Rae Plus	Pair Corr
0.79	PGBIX	Global Bond Fund	Pair Corr
0.91	PGAIX	Pimco Global Multi	Pair Corr
0.62	PGCAX	Investment Grade Porate	Pair Corr
0.91	PGMCX	Pimco Global Multi	Pair Corr
0.64	PYMNX	Pimco High Yield	Pair Corr
0.63	PYMPX	Pimco High Yield	Pair Corr

Moving against Commodityrealreturn Mutual Fund

0.33	PFGCX	Long Term Government	Pair Corr
0.31	PFGAX	Long Term Government	Pair Corr
0.5	PGOVX	Long Term Government	Pair Corr

Related Correlations Analysis

	VCSTX	ICTEX	CMTFX	JAGTX	DTEYX	TEPIX	RYCFX
VCSTX		0.25	0.73	0.44	0.49	0.91	0.09	VCSTX
ICTEX	0.25		0.73	0.84	0.86	0.47	0.75	ICTEX
CMTFX	0.73	0.73		0.87	0.9	0.88	0.72	CMTFX
JAGTX	0.44	0.84	0.87		0.97	0.68	0.79	JAGTX
DTEYX	0.49	0.86	0.9	0.97		0.71	0.8	DTEYX
TEPIX	0.91	0.47	0.88	0.68	0.71		0.39	TEPIX
RYCFX	0.09	0.75	0.72	0.79	0.8	0.39		RYCFX
	VCSTX	ICTEX	CMTFX	JAGTX	DTEYX	TEPIX	RYCFX

Risk-Adjusted Indicators

There is a big difference between Commodityrealreturn Mutual Fund performing well and Commodityrealreturn 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 Commodityrealreturn'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
VCSTX	1.25	(0.20)	0.00	(0.10)	0.00	0.00	2.25	(3.24)	6.94
ICTEX	1.45	0.38	0.32	0.35	0.83	(1.91)	1.90	(2.01)	30.28
CMTFX	1.10	(0.10)	0.00	(0.01)	0.00	0.00	2.16	(2.67)	6.22
JAGTX	1.33	0.06	0.04	0.14	1.52	(1.37)	2.50	(2.60)	19.59
DTEYX	1.30	0.02	0.01	0.10	1.71	(1.24)	2.32	(2.69)	13.22
TEPIX	1.73	(0.23)	0.00	(0.06)	0.00	0.00	3.61	(4.02)	11.00
RYCFX	1.43	0.55	0.43	2.89	0.48	(1.76)	2.72	(1.50)	29.11

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