Performance by Correlated Group

 

Viewing Wednesday's Closing data.

	cGroup	Funds	Trad.	RSf	1 Day	5 Days	1 Mth	3 Mths	6 Mths	1 Year
	Crypto/Blkchain	24	23	98.78	1.49	4.54	34.55	51.29	33.09	114.65
	Utilities	15	12	90.20	-0.09	2.27	1.01	10.85	14.98	34.11
	Financial	34	28	82.20	-0.11	-0.33	5.58	12.30	19.36	39.33
	Metals	38	26	77.09	-0.44	3.83	-8.61	3.97	5.13	29.81
	Consum Discr	127	109	73.73	0.21	-1.37	3.78	7.91	10.69	27.42
	Technology	117	104	73.18	0.12	-0.95	4.22	10.16	11.78	32.38
	Industrial	73	68	68.48	0.16	-0.89	2.27	7.24	8.71	26.12
	US Brd Mkt	585	556	66.91	0.12	-0.81	1.64	6.03	9.79	26.20
	Consum Stpl	46	44	61.13	0.13	0.17	0.84	4.12	8.86	21.52
	Real Estate	40	35	57.89	-0.38	-0.04	-1.76	1.36	12.21	19.84
	n/c	661	603	48.38	0.00	-0.25	0.22	3.44	5.12	16.87
	Emerg Mkts	150	132	40.22	-0.08	0.10	-3.81	2.57	0.84	10.23
	Energy	62	52	36.81	0.62	2.07	3.57	4.75	0.50	7.69
	Materials	37	33	32.75	0.19	0.82	-2.89	2.45	-4.03	6.71
	Fixed Income	391	372	31.11	-0.08	0.08	-0.34	-0.02	3.39	7.98
	Agriculture	6	6	30.38	0.07	1.60	0.30	6.29	-4.92	-5.55
	Devlpd x/US	313	304	29.03	-0.17	0.02	-2.59	-1.45	-0.08	12.28
	Health Care	46	40	26.86	0.74	-4.22	-4.44	-3.50	-0.26	15.11
	Currency	13	9	19.88	-0.16	0.09	-1.04	-1.16	1.26	2.25
	Volatility	6	4	18.42	0.81	2.06	-2.89	-3.11	1.40	-9.29

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 Wednesday's Closing data.

Symbol	11/20	11/13	11/06	10/30	10/23	10/16	10/09	10/02	09/25	09/18	09/11	09/04	08/27
Crypto/Blkchain	98.8	98.6	95.1	91.4	85.1	86.2	43.7	38.0	45.5	38.7	35.0	37.8	57.9
Utilities	90.2	84.0	75.7	85.9	94.0	94.6	91.5	95.0	93.5	88.8	88.1	87.5	80.8
Financial	82.2	81.2	80.1	76.3	75.6	79.3	78.5	76.6	79.2	82.3	82.2	85.2	81.7
Metals	77.1	62.2	78.0	87.5	88.0	80.9	76.6	85.0	85.9	83.4	81.5	69.2	78.3
Consum Discr	73.7	75.5	76.5	60.0	54.7	64.9	59.1	56.8	58.6	67.2	47.4	55.6	62.0
Technology	73.2	75.3	77.5	77.5	70.2	68.0	67.8	55.9	61.0	51.3	53.4	53.3	62.1
Industrial	68.5	69.7	68.5	63.1	64.0	66.2	66.3	64.4	62.2	64.6	57.7	60.6	59.2
US Brd Mkt	66.9	67.5	65.7	65.0	64.8	63.4	64.0	59.3	61.1	61.5	62.9	64.6	63.8
Consum Stpl	61.1	59.3	54.9	53.4	60.8	63.4	64.3	66.6	65.6	73.8	71.8	74.6	65.5
Real Estate	57.9	58.5	52.4	71.8	78.7	77.5	72.7	85.1	89.8	92.6	93.3	88.6	88.7
n/c	48.4	47.9	46.8	46.9	46.9	46.1	46.8	46.6	47.0	47.0	47.5	47.1	46.5
Emerg Mkts	40.2	40.1	48.0	53.7	60.3	56.6	59.7	69.3	53.7	37.1	37.6	40.6	37.9
Energy	36.8	27.7	26.2	17.5	17.2	16.6	19.1	16.9	17.5	19.8	18.8	20.2	21.2
Materials	32.8	31.3	40.1	35.3	38.5	33.9	29.9	35.6	30.4	25.1	20.6	20.0	25.2
Fixed Income	31.1	28.6	22.4	23.5	25.0	25.1	26.5	28.8	28.2	33.6	40.6	35.0	30.3
Agriculture	30.4	21.7	18.6	22.6	16.9	17.4	17.8	19.0	27.3	17.2	15.6	12.0	13.3
Devlpd x/US	29.0	31.6	39.3	43.3	43.1	43.8	46.9	50.4	51.1	50.3	48.3	49.3	50.9
Health Care	26.9	45.2	45.3	40.3	40.0	49.4	35.3	49.4	42.4	67.0	61.7	60.5	58.8
Currency	19.9	18.2	15.1	14.5	13.4	12.2	15.1	18.9	20.5	22.5	22.2	21.1	19.8
Volatility	18.4	18.9	16.7	21.0	20.1	19.1	23.9	19.3	19.7	20.3	23.8	27.9	23.7

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.