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
	Crypto/Blkchain	24	23	97.47	1.51	4.40	6.23	43.75	44.32	121.45
	Technology	117	104	83.93	-0.27	3.27	3.82	10.57	18.97	28.41
	Utilities	15	12	79.27	0.57	1.64	5.68	0.56	15.67	33.62
	Financial	34	28	75.32	0.31	1.39	3.59	5.45	13.38	27.41
	US Brd Mkt	581	552	68.32	-0.10	2.05	3.13	3.64	10.21	20.35
	Consum Discr	126	108	66.29	-0.15	1.42	3.18	3.97	8.20	17.37
	Industrial	73	68	63.86	-0.18	1.67	3.70	2.81	9.61	18.51
	Metals	38	26	55.44	0.73	2.09	6.24	-7.22	8.06	31.43
	n/c	650	592	48.89	0.06	1.61	2.45	1.16	6.04	13.10
	Energy	62	52	48.89	-0.31	-1.64	8.85	6.27	5.01	14.12
	Consum Stpl	46	44	46.26	0.25	0.93	1.75	-0.86	5.34	13.54
	Devlpd x/US	309	300	38.28	0.34	2.70	3.88	-0.78	2.45	10.09
	Agriculture	6	6	37.35	-0.08	2.44	4.35	2.41	5.09	0.65
	Emerg Mkts	150	132	32.11	0.61	2.55	0.61	-5.68	2.37	10.38
	Health Care	46	40	32.02	-0.09	3.40	4.32	-2.96	-1.40	3.77
	Fixed Income	384	365	30.22	0.14	0.38	0.55	-0.56	1.84	4.52
	Real Estate	39	34	28.63	0.45	0.84	1.60	-5.90	1.15	6.74
	Volatility	5	3	26.63	-0.19	-0.80	-4.55	-6.05	-3.82	-4.62
	Currency	13	9	22.15	0.22	0.65	0.26	-1.51	-0.07	0.92
	Materials	37	33	16.83	0.06	1.46	4.84	-5.83	-0.93	3.29

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 Friday's Closing data.

Symbol	01/24	01/16	01/08	12/31	12/23	12/16	12/09	12/02	11/22	11/15	11/08	11/01	10/25
Crypto/Blkchain	97.5	97.9	98.5	98.7	98.3	98.8	98.1	98.4	98.8	98.9	95.6	93.4	81.4
Technology	83.9	81.3	80.1	78.8	81.0	82.2	80.6	78.6	74.6	71.3	78.1	77.1	74.3
Utilities	79.3	83.0	76.8	75.5	77.8	73.1	74.3	85.6	90.1	90.0	80.6	85.5	92.2
Financial	75.3	80.3	82.1	83.8	81.7	80.2	77.5	80.1	82.1	83.1	78.7	77.1	73.9
US Brd Mkt	68.3	67.9	68.9	69.0	69.1	67.6	65.9	67.2	66.9	68.2	65.9	64.4	64.7
Consum Discr	66.3	67.8	67.7	67.2	64.3	72.5	76.7	79.1	77.3	73.5	75.9	62.3	53.6
Industrial	63.9	63.4	60.2	58.2	59.6	63.1	65.4	68.5	69.3	70.3	68.7	64.4	62.3
Metals	55.4	59.7	61.5	48.4	54.1	61.8	69.3	60.7	74.9	60.4	75.3	87.7	90.3
n/c	48.9	49.1	49.8	49.7	49.7	49.1	47.8	48.0	48.2	48.3	47.0	47.0	47.3
Energy	48.9	62.2	39.6	34.3	27.3	29.3	34.4	34.4	38.7	29.3	25.3	19.8	17.7
Consum Stpl	46.3	49.4	50.4	53.2	52.1	52.8	53.0	59.4	63.1	61.6	55.7	53.3	56.5
Devlpd x/US	38.3	30.8	30.5	30.2	29.7	33.4	36.1	31.9	29.0	30.2	38.5	44.6	43.2
Agriculture	37.4	37.8	32.4	31.8	28.6	27.8	30.0	21.6	25.1	28.6	18.6	20.6	16.3
Emerg Mkts	32.1	27.2	22.6	28.0	38.4	46.2	51.5	39.9	37.3	35.7	45.0	56.0	58.9
Health Care	32.0	25.7	33.4	26.7	27.6	25.1	31.0	36.7	31.3	25.5	49.6	43.1	38.0
Fixed Income	30.2	35.2	39.1	39.4	36.7	29.8	24.9	28.2	30.1	33.3	23.6	21.3	25.6
Real Estate	28.6	27.9	25.8	33.5	29.3	38.2	44.8	52.8	59.8	58.1	58.4	60.6	74.9
Volatility	26.6	24.9	28.2	26.8	29.5	26.6	23.5	22.6	23.0	24.3	22.0	19.8	28.0
Currency	22.1	26.2	29.4	30.4	29.4	21.2	15.7	16.1	18.9	21.0	14.2	14.5	13.5
Materials	16.8	14.8	10.9	10.5	12.9	19.6	35.6	35.2	32.9	27.8	38.0	39.8	35.6

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.