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	98.27	2.40	-2.86	3.39	41.44	38.19	109.80
	Technology	117	104	78.87	-0.28	-1.84	0.07	8.78	16.24	25.93
	Financial	34	28	78.69	-0.13	0.98	2.71	7.14	12.12	26.69
	Utilities	15	12	71.51	0.28	-2.51	0.90	-2.13	10.71	28.04
	US Brd Mkt	581	552	68.54	-0.26	-0.59	0.92	3.48	8.26	18.63
	Consum Discr	126	108	65.41	-0.27	-0.73	0.95	3.89	4.81	16.07
	Industrial	73	68	62.59	-0.25	-0.80	1.22	2.55	6.59	16.67
	Metals	38	26	59.64	0.59	0.09	5.07	-5.93	9.16	30.54
	Consum Stpl	46	44	49.21	-0.10	0.77	1.18	0.13	4.10	12.98
	n/c	650	592	49.05	-0.11	-0.31	0.94	1.07	4.80	12.03
	Agriculture	6	6	41.81	1.53	1.99	5.24	4.45	7.55	1.78
	Energy	62	52	39.30	0.27	-2.32	5.70	3.86	3.15	8.84
	Devlpd x/US	309	300	39.19	0.02	0.63	2.31	-0.33	1.74	8.63
	Health Care	46	40	38.38	-0.40	1.20	3.05	-0.99	-1.79	4.35
	Fixed Income	384	365	33.24	-0.08	0.24	0.63	-0.17	1.54	4.43
	Emerg Mkts	150	132	29.34	0.12	0.28	-0.42	-5.42	1.73	8.23
	Volatility	5	3	26.04	-0.41	-0.56	0.52	-8.90	-0.73	-5.70
	Currency	13	9	23.15	-0.05	0.15	0.31	-1.45	-0.18	0.55
	Real Estate	39	34	22.60	-1.33	-0.13	-0.59	-6.63	-1.44	5.97
	Materials	37	33	15.39	0.34	-0.29	2.70	-6.03	-3.16	1.26

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	01/29	01/22	01/14	01/06	12/27	12/19	12/12	12/05	11/27	11/20	11/13	11/06	10/30
Crypto/Blkchain	98.3	97.0	98.7	98.9	98.1	98.8	98.6	98.6	98.7	98.8	98.6	95.1	91.4
Technology	78.9	84.4	77.2	83.3	80.0	78.9	79.0	80.1	73.8	73.2	75.3	77.5	77.5
Financial	78.7	75.7	82.1	80.3	80.9	80.6	79.9	79.2	81.7	82.2	81.2	80.1	76.3
Utilities	71.5	76.5	80.2	75.7	77.1	76.9	75.0	82.6	90.3	90.2	84.0	75.7	85.9
US Brd Mkt	68.5	68.5	68.3	69.3	69.3	67.7	66.5	67.2	67.2	66.9	67.5	65.6	65.0
Consum Discr	65.4	65.9	68.1	68.5	63.0	63.7	75.8	75.6	78.6	73.7	75.4	76.4	60.0
Industrial	62.6	63.1	62.5	59.5	59.2	58.2	64.8	66.7	69.4	68.5	69.7	68.5	63.1
Metals	59.6	55.8	62.8	48.8	51.4	54.4	69.1	65.2	61.1	77.1	62.2	78.0	87.5
Consum Stpl	49.2	45.1	52.7	49.3	52.4	51.7	55.5	56.1	64.5	61.1	59.3	54.9	53.4
n/c	49.1	49.3	49.4	49.9	49.5	50.1	48.4	47.9	48.1	48.3	47.8	46.7	46.9
Agriculture	41.8	39.6	40.9	30.6	28.7	29.6	27.8	24.8	24.7	30.4	21.7	18.6	22.6
Energy	39.3	55.2	53.7	32.2	31.3	26.6	37.7	34.6	32.7	36.8	27.7	26.2	17.5
Devlpd x/US	39.2	34.1	28.8	31.7	30.4	30.5	34.3	36.5	28.2	28.9	31.5	39.3	43.3
Health Care	38.4	32.1	29.3	31.4	27.0	21.8	24.6	29.8	39.0	26.9	45.2	45.3	40.3
Fixed Income	33.2	33.2	38.7	38.7	37.8	37.4	27.3	25.1	31.3	31.2	28.7	22.5	23.7
Emerg Mkts	29.3	29.1	23.0	22.5	35.1	43.6	48.0	44.5	38.5	40.2	40.1	48.0	53.7
Volatility	26.0	27.2	30.3	27.0	29.9	73.9	24.4	23.7	22.6	23.2	23.6	21.1	26.8
Currency	23.2	23.4	32.2	28.5	30.3	30.4	18.5	15.9	17.8	19.9	18.2	15.1	14.5
Real Estate	22.6	22.4	27.3	29.8	27.1	22.0	41.8	46.3	64.6	58.2	58.7	52.6	71.9
Materials	15.4	14.9	14.4	10.9	11.8	14.4	27.2	33.9	31.4	32.8	31.3	40.1	35.3

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.