Performance by Correlated Group

 

Viewing Thursday's Closing data.

	cGroup	Funds	Trad.	RSf	1 Day	5 Days	1 Mth	3 Mths	6 Mths	1 Year
	Emerg Mkts	157	139	81.61	-0.16	0.38	3.95	11.04	14.97	21.34
	Industrial	15	13	75.36	0.34	2.46	5.31	7.09	11.94	27.25
	Technology	44	31	75.35	-0.36	0.08	3.10	4.34	12.76	26.19
	Materials	41	38	73.98	-0.66	0.34	3.10	10.92	8.79	21.82
	Financial	34	24	64.12	0.25	2.61	2.93	4.46	7.61	28.66
	Health Care	41	31	63.47	-0.34	-0.56	5.21	3.40	13.88	13.65
	Devlpd x/US	348	324	62.97	-0.17	0.26	2.51	4.73	9.84	16.92
	US Brd Mkt	494	441	51.61	-0.14	0.60	2.93	2.99	6.81	16.04
	n/c	92	82	46.34	-0.24	0.29	1.95	2.99	5.67	16.68
	Consum Discr	15	15	46.30	-0.15	-0.02	2.33	1.90	8.14	17.91
	Utilities	14	12	45.37	-0.05	-1.11	-0.64	1.82	5.56	10.71
	Currency	31	24	36.98	-0.03	0.32	1.48	3.11	3.53	2.44
	Metals	55	34	30.55	-0.71	-3.38	0.42	2.67	0.90	-6.75
	Real Estate	37	27	29.29	-0.18	-0.94	1.04	0.07	4.28	4.02
	Energy	108	85	29.26	-0.51	0.32	6.12	8.53	-1.36	-0.23
	Consum Stpl	14	12	26.03	-0.75	-1.24	-1.14	-0.24	1.55	5.05
	Fixed Income	280	256	25.69	0.01	-0.08	0.30	0.83	2.85	2.36
	Agriculture	25	23	15.86	0.03	0.30	2.79	3.31	-6.84	-10.64
	Volatility	17	8	1.46	0.02	-3.95	-8.19	-14.92	-33.06	-56.27

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 Thursday's Closing data.

Symbol	09/21	09/14	09/07	08/30	08/23	08/16	08/09	08/02	07/26	07/19	07/12	07/05	06/27
Emerg Mkts	81.6	81.3	82.3	82.5	81.7	76.2	72.7	73.3	72.6	71.7	70.2	65.1	68.2
Industrial	75.4	65.9	61.7	63.1	60.5	67.8	72.2	67.1	68.0	73.8	79.0	80.7	74.5
Technology	75.4	78.4	74.8	77.2	74.9	80.8	77.7	78.9	83.7	85.5	85.6	82.0	85.2
Materials	74.0	71.9	71.4	67.0	63.8	58.4	60.1	57.5	55.7	54.6	49.1	48.5	45.5
Financial	64.1	46.7	36.9	59.9	65.3	71.1	79.9	80.6	76.8	77.5	80.6	85.8	79.3
Health Care	63.5	74.4	74.7	68.4	59.8	58.1	64.2	64.2	73.5	69.8	66.6	72.5	70.6
Devlpd x/US	63.0	63.0	63.6	63.5	64.5	63.2	63.4	62.4	61.5	61.4	61.0	61.1	63.6
US Brd Mkt	51.6	49.3	46.5	48.3	49.2	52.6	55.1	54.5	54.6	54.3	55.1	56.7	55.6
n/c	46.3	46.9	47.1	48.7	50.4	50.1	51.5	49.8	49.1	47.8	49.8	48.8	49.3
Consum Discr	46.3	47.0	40.3	37.6	42.5	50.9	53.0	52.7	51.9	55.0	55.1	58.1	58.8
Utilities	45.4	57.2	65.9	65.6	72.5	75.2	61.3	52.0	43.0	35.4	38.2	34.1	42.0
Currency	37.0	35.3	38.9	36.9	34.8	28.7	28.1	26.1	28.1	26.4	27.0	24.6	21.3
Metals	30.5	44.4	52.3	42.0	27.4	24.7	22.8	20.6	19.8	17.4	17.8	18.3	21.0
Real Estate	29.3	36.9	43.9	36.3	39.8	39.7	35.8	35.1	31.2	28.8	27.9	33.1	40.3
Energy	29.3	25.6	23.4	15.9	13.4	13.8	17.4	17.9	14.5	14.7	12.9	12.3	12.1
Consum Stpl	26.0	30.7	33.8	29.4	39.6	43.2	35.8	34.8	33.7	30.9	31.1	32.4	34.9
Fixed Income	25.7	26.6	31.1	31.4	32.2	27.6	26.0	25.1	26.2	25.1	26.7	26.6	26.9
Agriculture	15.9	13.8	15.8	12.1	14.2	14.8	16.6	16.2	18.9	22.3	26.8	28.3	16.3
Volatility	1.5	1.6	1.8	1.9	26.5	1.7	1.8	1.5	1.6	1.7	2.0	1.9	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.