Vanguard Consumer Correlations
| VCSAX Fund | USD 108.03 0.65 0.61% |
The current 90-days correlation between Vanguard Sumer Staples and Ab Global Risk is 0.42 (i.e., Very weak diversification). The correlation of Vanguard Consumer 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.
Vanguard Consumer Correlation With Market
Very weak diversification
The correlation between Vanguard Sumer Staples and DJI is 0.45 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Sumer Staples and DJI in the same portfolio, assuming nothing else is changed.
Vanguard |
Moving against Vanguard Mutual Fund
| 0.47 | DTCK | Davis Commodities | PairCorr |
| 0.43 | DAR | Darling Ingredients | PairCorr |
| 0.33 | DSY | Big Tree Cloud | PairCorr |
Related Correlations Analysis
| 0.97 | 0.98 | 0.93 | 1.0 | 0.88 | CBSYX | ||
| 0.97 | 0.98 | 0.89 | 0.97 | 0.84 | TINCX | ||
| 0.98 | 0.98 | 0.92 | 0.98 | 0.89 | MSTGX | ||
| 0.93 | 0.89 | 0.92 | 0.93 | 0.77 | LFLCX | ||
| 1.0 | 0.97 | 0.98 | 0.93 | 0.88 | CABIX | ||
| 0.88 | 0.84 | 0.89 | 0.77 | 0.88 | RGELX | ||
Risk-Adjusted Indicators
There is a big difference between Vanguard Mutual Fund performing well and Vanguard Consumer 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 Vanguard Consumer'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CBSYX | 0.26 | 0.02 | (0.13) | 0.17 | 0.06 | 0.55 | 1.64 | |||
| TINCX | 0.43 | 0.03 | (0.02) | 0.17 | 0.30 | 1.12 | 2.60 | |||
| MSTGX | 0.25 | 0.02 | (0.14) | 0.16 | 0.17 | 0.60 | 1.34 | |||
| LFLCX | 0.19 | 0.02 | (0.31) | 0.34 | 0.00 | 0.43 | 0.87 | |||
| CABIX | 0.27 | 0.02 | (0.13) | 0.16 | 0.10 | 0.56 | 1.65 | |||
| RGELX | 0.36 | 0.09 | (0.04) | (1.54) | 0.25 | 1.06 | 3.28 |