Performance by Correlated Group

 

Viewing Tuesday's Closing data.

	cGroup	Funds	Trad.	RSf	1 Day	5 Days	1 Mth	3 Mths	6 Mths	1 Year
	Consum Discr	16	12	91.42	1.05	2.26	0.02	11.81	24.84	37.96
	Health Care	25	20	89.40	0.92	0.75	0.21	10.73	24.09	35.69
	Financial	28	21	85.04	0.83	1.05	-0.12	6.73	25.05	37.84
	Industrial	8	7	79.15	1.23	1.96	0.06	5.34	19.01	33.35
	Consum Stpl	6	5	74.72	0.42	1.61	-1.74	6.44	17.21	25.77
	US Brd Mkt	446	373	70.62	0.69	1.45	-0.76	7.07	16.89	28.81
	Technology	50	35	67.98	0.93	1.67	-0.21	6.33	15.64	22.87
	Utilities	9	7	56.00	0.90	1.72	-3.69	3.22	12.27	13.59
	Devlpd x/US	118	104	54.79	0.54	1.91	-4.17	0.75	6.60	22.00
	Real Estate	30	24	54.18	0.71	2.68	-9.12	0.53	8.62	20.38
	n/c	13	13	46.34	0.54	1.65	1.51	1.88	-2.83	2.23
	Energy	82	58	44.41	0.35	1.82	-0.40	0.15	5.33	14.29
	Fixed Income	219	183	34.13	-0.03	0.24	-1.85	-1.28	-1.33	2.47
	Currency	34	24	32.19	-0.35	0.01	-0.12	-1.48	-2.56	0.82
	Emerg Mkts	138	120	31.65	0.05	0.75	-8.54	-4.91	-5.05	8.36
	Materials	69	62	26.02	-0.05	0.36	-3.06	-6.09	-7.09	1.40
	Agriculture	33	30	24.42	0.10	-0.66	-0.88	-3.31	-6.74	0.82
	Metals	52	36	10.63	-1.13	-1.86	-0.43	-17.70	-23.75	-19.44

The dynamics of Relative Strength are illustraded below for the past quarter. From this you can visualize which funds are improving on a relative basis and which are deteriorating.

5-day Intervals

Viewing Tuesday's Closing data.

Symbol	06/18	06/11	06/04	05/28	05/20	05/13	05/06	04/29	04/22	04/15	04/08	04/01	03/22
Consum Discr	91.4	89.6	88.5	89.9	89.1	89.5	88.7	86.8	85.0	85.8	84.2	79.7	80.9
Health Care	89.4	90.0	87.7	89.9	84.2	88.8	83.6	85.3	87.5	86.0	84.3	84.7	82.6
Financial	85.0	87.5	86.9	85.3	83.0	80.2	79.4	77.5	76.3	78.3	83.0	85.6	87.0
Industrial	79.2	79.4	79.0	77.7	76.2	72.4	71.1	65.8	66.7	74.5	77.7	81.4	83.9
Consum Stpl	74.7	74.9	70.2	75.3	72.2	81.6	84.4	87.6	90.9	88.0	88.2	85.9	84.0
US Brd Mkt	70.6	70.9	70.4	70.4	68.6	68.7	67.8	67.2	66.8	67.1	67.3	68.9	69.0
Technology	68.0	66.1	63.7	60.8	59.5	57.8	58.2	53.9	48.0	53.7	46.8	54.5	52.3
Utilities	56.0	55.9	51.7	54.5	58.4	59.0	65.5	81.2	85.6	77.9	76.1	66.9	60.8
Devlpd x/US	54.8	54.1	55.7	55.1	60.2	62.9	64.4	66.8	62.9	62.2	59.5	55.5	60.8
Real Estate	54.2	51.1	54.1	62.5	78.3	79.3	82.2	79.2	85.9	84.5	84.6	70.6	69.2
n/c	46.3	49.5	50.2	46.3	44.1	46.4	47.2	41.1	42.8	46.9	46.3	45.7	37.1
Energy	44.4	42.2	40.7	38.0	37.9	32.9	33.8	35.8	32.6	33.6	39.7	46.7	40.6
Fixed Income	34.1	35.0	31.6	30.7	31.7	34.0	35.9	36.8	39.9	39.7	40.9	34.4	36.6
Currency	32.2	34.0	28.8	25.5	25.7	27.9	28.3	28.5	31.9	33.2	33.1	30.4	31.1
Emerg Mkts	31.6	30.2	40.2	45.3	45.6	43.7	42.5	41.7	38.0	34.4	34.1	41.8	39.0
Materials	26.0	26.9	29.5	27.8	27.1	24.9	23.5	23.0	20.7	20.8	23.9	27.9	27.5
Agriculture	24.4	25.5	22.6	20.2	20.7	21.4	20.4	20.2	20.4	20.6	21.5	20.2	23.5
Metals	10.6	12.4	13.0	11.8	12.6	12.2	12.0	12.4	10.7	10.2	17.0	18.4	16.9

Groups are seeded with one or more funds and then other funds are added based on correlation. Exceptions include Currency and Fixed Income funds which are assigned to their group due to generally weak correlations.

Note that some funds will be assigned a group that looks inappropriate. Often there is an economic reason for the fund to track the assigned group but sometimes, especially with low volume funds, the fund may not have strong correlation with any group.

The statistics above reflect the average of all traditional funds in the group. This excludes the effect of short and leveraged funds of which some groups have more than others. The number of traditional funds is in the Trad column above, where the Funds column is the total number of funds in the group.