Performance by Correlated Group

 

Viewing Friday's Closing data.

	cGroup	Funds	Trad.	RSf	1 Day	5 Days	1 Mth	3 Mths	6 Mths	1 Year
	Health Care	23	19	89.02	0.89	2.43	9.17	14.62	19.13	16.61
	Consum Discr	14	11	88.56	2.27	2.69	9.28	13.49	19.97	13.05
	Real Estate	21	16	84.93	1.41	2.23	10.14	11.37	14.95	10.96
	Industrial	14	12	79.56	1.72	2.84	10.01	13.95	17.12	2.00
	Consum Stpl	8	6	73.61	0.52	1.08	1.52	5.79	9.68	13.28
	Technology	29	16	70.04	1.77	3.44	11.96	10.52	16.27	-0.86
	US Brd Mkt	325	261	68.51	1.37	2.48	7.09	8.72	10.47	2.51
	Utilities	8	6	64.03	0.59	0.87	-0.12	2.36	10.76	9.71
	Financial	23	15	63.38	2.63	4.38	9.93	14.82	11.05	-6.40
	Fixed Income	145	120	60.33	-0.26	0.26	1.69	1.85	3.57	11.56
	Metals	28	21	52.79	-1.50	-0.09	9.90	-0.17	-3.43	11.67
	n/c	197	166	48.45	0.95	1.80	5.88	5.72	2.92	1.10
	Emerg Mkts	117	95	41.83	1.60	3.79	14.40	7.75	0.67	-6.84
	Materials	47	39	38.45	1.40	1.68	10.56	7.87	0.31	-10.84
	Currency	33	27	36.68	0.24	0.59	3.31	1.26	-2.62	0.41
	Energy	80	60	36.07	1.13	0.57	2.18	1.13	-2.10	-8.30
	Devlpd x/US	140	129	34.72	1.33	2.56	7.61	5.97	2.40	-9.28
	Agriculture	20	17	19.79	0.38	0.13	0.13	-2.07	-7.87	-14.65

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 Friday's Closing data.

Symbol	02/03	01/27	01/20	01/12	01/05	12/28	12/20	12/13	12/06	11/29	11/21	11/14	11/07
Health Care	89.0	83.8	81.1	81.6	77.0	75.0	75.6	69.7	69.9	69.6	66.8	70.1	71.0
Consum Discr	88.6	86.8	85.7	83.5	82.9	79.6	80.9	79.7	83.5	72.2	77.4	78.5	77.0
Real Estate	84.9	83.7	81.2	79.8	78.9	79.5	78.6	61.5	51.8	51.7	57.2	57.4	70.9
Industrial	79.6	72.9	70.1	68.7	60.0	61.2	63.8	56.5	63.5	51.5	58.2	57.1	53.5
Consum Stpl	73.6	79.7	78.4	81.4	86.4	89.2	89.7	88.5	87.6	83.5	81.1	86.2	87.9
Technology	70.0	62.7	66.4	57.1	52.0	50.8	55.1	57.5	66.2	53.4	60.4	66.0	65.5
US Brd Mkt	68.5	65.6	66.4	65.6	63.7	64.3	64.7	62.7	65.4	57.5	60.3	61.8	63.3
Utilities	64.0	72.3	74.5	86.3	87.3	91.4	90.6	90.4	90.8	86.5	88.9	89.1	91.6
Financial	63.4	52.2	63.6	59.6	52.5	50.3	49.6	39.3	43.9	30.2	35.2	30.8	29.3
Fixed Income	60.3	76.0	73.8	76.8	76.8	79.9	80.4	80.9	77.1	82.8	82.1	78.8	76.1
Metals	52.8	61.5	54.5	50.1	49.5	45.2	43.8	50.9	57.3	61.0	59.1	74.3	72.1
n/c	48.5	51.1	50.6	50.6	50.3	47.9	45.6	50.0	50.4	49.0	51.6	49.8	51.0
Emerg Mkts	41.8	36.5	34.3	28.5	28.0	25.9	26.8	23.4	22.4	21.9	20.9	26.0	26.2
Materials	38.5	38.2	37.2	33.9	30.6	27.4	26.3	26.6	29.5	26.1	27.1	28.7	28.6
Currency	36.7	47.6	45.0	48.8	49.6	51.9	53.5	52.4	50.2	59.3	55.8	52.2	49.5
Energy	36.1	36.3	33.9	40.6	50.1	45.5	38.4	42.8	45.1	43.9	45.5	53.7	55.3
Devlpd x/US	34.7	29.2	30.4	29.8	31.7	29.9	34.3	35.0	33.5	31.1	27.5	29.3	29.3
Agriculture	19.8	24.2	22.2	24.9	28.9	34.6	25.4	23.1	22.0	27.8	32.7	33.7	38.2

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.