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
	Crypto/Blkchain	24	23	97.59	-1.31	-2.72	12.84	32.26	14.00	59.26
	Metals	38	26	88.31	0.51	-3.12	4.03	10.41	31.39	42.16
	Technology	117	104	82.90	-0.52	0.52	3.32	21.09	9.93	27.41
	Emerg Mkts	150	132	66.50	0.19	-0.42	2.57	11.42	14.73	16.87
	Utilities	15	12	66.38	0.69	-0.09	4.01	10.76	12.61	26.69
	Devlpd x/US	305	296	64.78	-0.15	-0.17	1.31	8.70	12.36	15.05
	Materials	37	33	58.30	-0.53	-1.57	4.94	15.03	11.36	8.57
	Industrial	72	67	57.81	-0.54	0.24	3.26	13.55	3.80	12.22
	US Brd Mkt	576	548	57.80	-0.20	0.40	2.56	12.01	4.05	13.65
	Financial	33	27	57.25	-0.22	-0.61	1.72	10.59	2.45	16.22
	n/c	636	579	48.24	-0.08	0.05	1.88	8.63	5.00	10.82
	Consum Discr	124	106	44.98	-0.60	-0.21	3.20	12.99	-1.79	4.69
	Volatility	5	3	39.35	1.28	-2.39	-3.50	-9.40	6.17	4.41
	Energy	62	52	33.94	1.12	2.72	3.78	7.62	-1.28	1.05
	Consum Stpl	46	44	32.39	0.34	-0.49	1.76	3.67	1.23	7.32
	Currency	13	9	26.34	-0.03	-0.63	-0.54	0.46	4.16	4.03
	Fixed Income	382	363	22.87	0.25	0.10	0.14	1.08	1.07	3.09
	Real Estate	39	34	22.28	1.35	-0.56	2.34	3.80	-0.02	2.94
	Agriculture	6	6	16.20	-0.34	-0.73	-0.87	-3.04	-4.24	-0.24
	Health Care	46	40	16.05	-0.95	0.29	2.53	4.61	-5.78	-6.62

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	07/29	07/22	07/15	07/08	06/30	06/23	06/13	06/06	05/30	05/22	05/15	05/08	05/01
Crypto/Blkchain	97.6	97.7	98.5	94.0	93.5	85.2	92.1	91.8	88.6	92.2	83.9	84.3	62.4
Metals	88.3	89.1	89.2	87.6	89.4	92.9	91.7	92.8	89.9	89.9	86.2	88.4	87.9
Technology	82.9	82.8	81.7	83.5	80.8	75.3	74.1	76.4	64.8	63.2	63.8	54.5	45.4
Emerg Mkts	66.5	66.0	67.9	59.9	67.5	65.7	69.3	70.8	72.4	70.6	73.2	67.7	63.9
Utilities	66.4	66.9	64.1	55.9	66.2	77.7	74.6	72.9	80.0	75.7	78.2	79.8	80.6
Devlpd x/US	64.8	65.0	66.7	68.4	70.7	70.5	72.5	71.3	75.5	75.4	74.5	74.1	72.9
Materials	58.3	62.6	58.3	59.2	45.2	43.5	44.5	39.6	34.2	33.2	31.5	30.4	26.7
Industrial	57.8	57.4	56.5	58.6	51.9	50.4	48.1	46.9	43.8	44.9	45.5	42.9	34.4
US Brd Mkt	57.8	56.8	55.8	56.9	55.3	54.3	53.5	53.6	49.4	48.6	49.9	46.1	41.7
Financial	57.2	63.3	70.1	71.7	69.3	70.3	64.4	67.5	60.0	63.8	70.0	67.8	57.2
n/c	48.2	47.8	47.4	47.0	48.0	48.7	48.8	48.9	48.9	49.2	48.8	49.1	50.6
Consum Discr	45.0	48.5	49.3	52.0	40.4	34.7	31.8	33.5	23.1	24.6	23.0	20.6	16.0
Volatility	39.4	36.6	33.7	36.1	61.7	87.7	90.1	75.2	91.4	91.2	90.6	90.1	92.2
Energy	33.9	20.2	26.6	28.1	17.0	31.6	44.7	28.7	20.0	23.0	27.8	28.3	29.2
Consum Stpl	32.4	34.4	35.5	36.4	35.0	41.4	40.0	36.2	44.2	44.2	48.2	56.8	57.2
Currency	26.3	28.3	27.1	29.8	44.5	47.1	48.7	47.0	59.3	59.1	55.5	62.3	71.0
Fixed Income	22.9	22.2	21.8	20.2	28.1	29.8	29.0	30.1	40.4	41.9	40.3	48.6	61.3
Real Estate	22.3	27.0	28.2	25.3	19.8	30.9	24.5	22.2	27.1	22.5	29.2	40.8	51.1
Agriculture	16.2	16.9	13.7	13.6	18.2	28.8	32.6	34.6	31.4	36.7	34.1	35.7	40.7
Health Care	16.0	22.1	19.8	23.7	18.3	14.8	16.3	17.3	15.5	13.9	11.1	14.7	17.1

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.