Castle Focus Related Correlations

Generate correlation matrix for Castle Focus and other related equities to check the degree to which Castle Focus Fund price movement is correlated to its related entities. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for Castle Focus Fund. To filter out specific equities, please toggle its corresponding legend item. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Specify up to 10 symbols:
Please note, there is a significant difference between Castle Focus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Castle Focus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Castle Focus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Correlations

TWSMX
TCTZX
SAWMX
CMACX
WMBFX
SRJIX
FRTCX
TWSMX
1.00.980.960.940.980.99
TWSMX
TCTZX
1.00.980.960.950.980.99
TCTZX
SAWMX
0.980.980.960.940.970.98
SAWMX
CMACX
0.960.960.960.990.960.95
CMACX
WMBFX
0.940.950.940.990.940.94
WMBFX
SRJIX
0.980.980.970.960.940.97
SRJIX
FRTCX
0.990.990.980.950.940.97
FRTCX
TWSMX
TCTZX
SAWMX
CMACX
WMBFX
SRJIX
FRTCX
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Risk-Adjusted Indicators

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