Performance by Correlated Group

 

Viewing Monday's Closing data.

	cGroup	Funds	Trad.	RSf	1 Day	5 Days	1 Mth	3 Mths	6 Mths	1 Year
	Consum Discr	16	13	85.92	0.02	1.71	8.93	12.29	30.33	34.00
	Health Care	28	23	81.46	-0.51	0.02	4.29	11.85	29.08	33.42
	Industrial	22	20	80.69	1.45	4.34	16.07	11.63	40.70	32.88
	Financial	32	22	80.59	0.28	2.90	9.98	8.25	30.94	35.08
	Real Estate	28	22	78.00	0.16	1.03	3.50	11.02	25.06	31.37
	Consum Stpl	10	8	76.40	-0.88	1.00	2.76	10.95	26.53	28.34
	US Brd Mkt	391	325	67.98	0.18	1.79	6.76	9.20	24.85	26.96
	Devlpd x/US	155	140	63.18	0.37	0.75	6.17	5.50	20.24	29.01
	Utilities	9	7	58.37	-0.22	1.64	0.79	9.47	21.41	21.58
	Technology	47	32	52.50	-0.04	1.64	8.25	4.54	19.48	14.22
	Emerg Mkts	140	121	44.46	0.30	0.76	4.52	-0.60	10.25	17.46
	Energy	79	57	40.36	1.02	2.17	6.19	0.86	9.78	12.07
	n/c	23	22	33.81	0.00	-0.65	0.88	-6.82	-7.04	-6.51
	Fixed Income	218	182	31.72	0.03	-0.15	-0.41	0.77	1.07	4.56
	Materials	67	56	29.04	0.69	-0.09	4.13	-6.58	3.28	5.27
	Currency	34	24	25.72	0.21	-0.60	-0.94	-1.62	-1.12	0.08
	Agriculture	33	31	20.25	-0.03	-1.35	-0.92	-3.10	-4.52	-2.48
	Metals	54	37	13.19	2.56	-2.34	0.19	-16.23	-18.75	-10.36

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 Monday's Closing data.

Symbol	05/20	05/13	05/06	04/29	04/22	04/15	04/08	04/01	03/22	03/15	03/08	03/01	02/22
Consum Discr	85.9	87.0	87.4	86.2	84.4	85.7	84.1	80.5	81.4	78.9	77.4	73.9	73.8
Health Care	81.5	86.3	80.7	84.4	86.1	85.0	83.3	82.4	81.2	78.6	76.6	79.7	77.5
Industrial	80.7	78.1	76.4	73.6	62.9	62.3	56.9	61.0	62.6	67.7	74.6	68.2	73.0
Financial	80.6	78.7	76.9	74.9	73.8	76.1	80.8	83.3	85.0	87.7	86.7	85.3	85.2
Real Estate	78.0	78.8	81.6	78.4	85.6	84.5	84.5	69.3	68.0	66.7	64.0	72.2	69.2
Consum Stpl	76.4	84.3	86.1	88.7	91.7	89.4	89.0	87.8	86.1	73.4	67.8	74.3	73.5
US Brd Mkt	68.0	67.5	66.9	65.8	66.6	66.6	67.6	69.7	68.8	67.9	66.1	65.7	65.5
Devlpd x/US	63.2	66.0	66.2	68.1	63.1	63.2	60.4	57.1	62.8	64.5	64.6	66.2	67.8
Utilities	58.4	59.0	65.5	81.2	85.6	77.9	76.1	66.9	60.8	54.1	47.3	52.9	51.7
Technology	52.5	52.3	52.9	49.1	44.0	49.1	44.0	49.7	47.2	48.0	47.0	44.0	46.6
Emerg Mkts	44.5	42.8	41.5	41.0	37.7	34.2	33.7	41.2	38.4	43.8	54.8	54.9	53.1
Energy	40.4	35.7	36.7	38.4	35.9	36.4	42.4	49.4	43.7	45.2	39.4	35.5	37.1
n/c	33.8	34.4	33.9	33.6	34.5	36.9	37.8	37.7	31.1	32.4	32.9	30.1	27.1
Fixed Income	31.7	34.0	35.9	36.8	39.9	39.8	40.9	34.4	36.6	31.0	27.7	31.8	30.1
Materials	29.0	27.7	26.6	25.4	22.6	23.9	26.4	31.0	30.5	35.9	38.9	35.6	38.0
Currency	25.7	27.9	28.3	28.5	31.9	33.2	33.1	30.4	31.1	28.6	26.5	25.6	27.5
Agriculture	20.3	20.9	20.7	20.3	20.5	20.6	21.3	20.4	23.5	23.5	21.7	20.9	19.3
Metals	13.2	12.9	12.6	13.2	11.6	11.3	17.2	18.7	18.1	16.8	18.7	16.9	20.7

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.