Growth Fund Correlations

Mutual Funds . USA . 
Fund . Growth Fund Growth
VCULX Fund  USD 18.58  0.28  1.53%   
The current 90-days correlation between Growth Fund Growth and Allianzgi Convertible Income is 0.73 (i.e., Poor diversification). The correlation of Growth Fund 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.

Growth Fund Correlation With Market

Poor diversification

The correlation between Growth Fund Growth and DJI is 0.71 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Growth Fund Growth and DJI in the same portfolio, assuming nothing else is changed.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Growth Fund Growth. 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 industry.

Moving together with Growth Mutual Fund

  0.91VMIDX Mid Cap IndexPairCorr
  0.97VMSGX Mid Cap StrategicPairCorr
  0.76VAPPX Valic Company IPairCorr
  0.72VSRDX Valic Company IPairCorr
  0.74VSTIX Stock Index FundPairCorr
  0.94VBCVX Broad Cap ValuePairCorr
  0.74VCAAX Asset AllocationPairCorr
  0.62VCBDX Valic Company IPairCorr
  0.99VCBCX Blue Chip GrowthPairCorr
  0.98VCGAX Growth IncomePairCorr
  0.73VCGEX Emerging EconomiesPairCorr
  0.86VCFVX Foreign ValuePairCorr
  0.61VCIGX Valic Company IPairCorr
  0.77VCNIX Nasdaq 100 IndexPairCorr
  0.8VCSTX Science TechnologyPairCorr
  0.91VCTPX Inflation ProtectedPairCorr
  0.81VCSOX Global Social AwarenessPairCorr
  0.7VDAFX Dynamic AllocationPairCorr
  0.93VVMCX Valic Company IPairCorr
  0.91VVSCX Valic Company IPairCorr
  0.97VGCLX Valic Company IPairCorr
  0.69VGLSX Global StrategyPairCorr
  0.73VHYLX Valic Company IPairCorr
  0.62VIOPX Valic Company IPairCorr
  0.8VLCGX Large Capital GrowthPairCorr
  0.98VLSMX Valic Company IPairCorr
  0.76FAFGX American FundsPairCorr
  0.76FFAFX American FundsPairCorr
  0.76GFACX Growth FundPairCorr
  0.99GFAFX Growth FundPairCorr
  0.76AGTHX Growth FundPairCorr
  0.76CGFFX Growth FundPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY