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
	Technology	44	31	84.87	-0.35	1.00	2.99	9.83	17.71	32.75
	Financial	36	24	77.02	-0.12	0.02	2.83	6.46	7.83	32.17
	Health Care	43	33	73.29	0.10	1.09	1.60	10.96	18.38	13.94
	Industrial	15	13	70.00	-0.16	-0.61	2.74	5.90	9.59	22.60
	Emerg Mkts	165	145	69.86	-0.15	0.57	5.33	8.80	17.34	20.01
	Devlpd x/US	359	335	61.46	-0.33	0.42	2.28	6.92	11.17	16.92
	US Brd Mkt	502	449	54.52	-0.14	0.57	2.04	4.80	8.32	15.57
	Consum Discr	15	15	52.80	-0.12	0.53	1.51	5.39	9.53	16.88
	Materials	42	39	52.65	-0.24	0.56	5.36	4.74	4.09	15.25
	n/c	93	83	49.07	-0.03	0.51	1.66	3.83	6.12	12.69
	Utilities	14	12	41.52	0.54	2.57	-0.30	2.75	9.14	5.66
	Consum Stpl	14	12	32.99	0.14	0.81	0.26	1.61	6.48	3.13
	Real Estate	37	27	28.19	-0.07	0.64	0.21	0.52	5.16	1.47
	Currency	31	24	26.29	0.03	0.34	1.58	1.72	3.24	1.55
	Fixed Income	290	264	25.62	0.08	0.44	0.59	1.62	3.22	2.48
	Agriculture	25	23	23.88	0.02	1.25	5.51	1.40	-6.65	-6.78
	Metals	56	34	18.41	0.55	2.08	0.86	-3.13	-0.69	-9.98
	Energy	111	86	13.64	-1.33	-0.46	5.48	-4.66	-10.17	-2.73
	Volatility	17	8	1.76	-0.48	-3.59	-8.98	-25.42	-38.01	-58.50

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	07/21	07/14	07/07	06/29	06/22	06/15	06/08	06/01	05/24	05/17	05/10	05/03	04/26
Technology	84.9	85.1	83.4	83.2	87.6	85.4	91.0	89.1	88.5	89.1	89.6	88.5	87.4
Financial	77.0	79.8	85.6	83.3	74.2	78.0	59.1	54.8	60.6	62.8	80.4	86.1	86.8
Health Care	73.3	68.3	69.7	71.7	76.7	53.1	48.3	45.7	47.3	46.0	54.9	58.6	56.9
Industrial	70.0	79.0	81.5	76.2	72.2	76.3	65.1	67.0	66.6	58.1	71.9	78.3	77.9
Emerg Mkts	69.9	68.8	62.7	64.7	65.1	65.6	71.7	72.0	70.8	73.8	63.3	64.0	60.5
Devlpd x/US	61.5	60.9	61.1	63.4	62.6	65.2	66.3	67.8	68.2	68.7	62.6	59.8	57.6
US Brd Mkt	54.5	54.9	56.6	56.5	56.4	55.7	55.3	54.5	54.5	55.2	60.1	60.8	62.4
Consum Discr	52.8	54.4	56.6	57.8	58.6	59.1	62.4	64.5	58.8	56.8	64.5	63.2	60.1
Materials	52.7	50.9	47.2	48.5	40.7	39.8	44.1	44.7	48.8	40.1	40.1	39.3	51.1
n/c	49.1	47.2	48.3	48.3	48.9	50.3	50.8	48.9	49.7	51.3	53.5	53.5	53.4
Utilities	41.5	34.6	36.8	40.6	49.5	65.0	62.6	63.9	61.7	61.9	41.4	42.7	53.9
Consum Stpl	33.0	32.3	32.7	34.7	35.8	42.2	43.5	47.0	41.7	41.4	33.9	33.8	38.8
Real Estate	28.2	29.8	30.2	36.2	40.7	44.0	37.0	31.3	36.3	31.4	28.7	33.8	38.2
Currency	26.3	25.9	26.1	24.8	20.1	20.7	21.7	22.4	21.4	23.4	20.9	20.1	19.5
Fixed Income	25.6	25.3	26.7	27.6	28.5	28.5	28.3	28.1	28.0	30.8	24.7	25.3	25.7
Agriculture	23.9	22.1	28.8	18.8	15.7	17.6	19.0	19.8	18.9	21.5	20.3	20.6	16.6
Metals	18.4	17.1	18.1	21.2	23.7	23.0	28.1	25.3	19.4	18.9	15.3	16.7	24.9
Energy	13.6	13.6	12.5	12.4	11.3	12.2	11.9	14.9	19.9	17.7	20.8	20.5	20.0
Volatility	1.8	1.8	2.3	1.7	1.8	1.7	1.7	1.6	1.5	1.8	1.8	1.7	1.6

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.