{"id":2013021,"date":"2015-01-15T12:43:39","date_gmt":"2015-01-15T07:13:39","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=2013021"},"modified":"2015-01-15T12:47:00","modified_gmt":"2015-01-15T07:17:00","slug":"correlation-theme-components","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2015\/01\/15\/correlation-theme-components\/","title":{"rendered":"Correlation between Theme components"},"content":{"rendered":"<div class='row-fluid well well-small'>\nIf you concentrate your portfolio, your mistakes will kill you;<br \/>\nIf you diversify, the payoff from your successes will be diminished.<br \/>\n-Howard Marks\n<\/div>\n<p>Investors can now look at the correlation (over one-year and one-month horizons) between stocks that make up an investment &#8216;Theme&#8217; strategy. For example, here&#8217;s how the one-year correlation of the <a href=\"http:\/\/stockviz.biz\/#\/theme\/equity\/9eabd2f0-392a-4d89-a665-ef6576a7d471\" title=\"Financial Strength Score driven Value picks\" target=\"_blank\">Financial Strength Value Theme<\/a> looks like:<\/p>\n<p><a target=\"_blank\" href=\"http:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/web-theme-perf-charts\/9EABD2F0-392A-4D89-A665-EF6576A7D471.correlation.yr.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/web-theme-perf-charts\/9EABD2F0-392A-4D89-A665-EF6576A7D471.correlation.yr.png\" width=\"1000\" height=\"1000\" alt=\"one year correlation\" class=\"alignnone\" \/><\/a><\/p>\n<p>A lot of thick blue squares mean that positive correlations are high. Red squares mean negative correlations are high. Whites are the doldrums.<\/p>\n<p><em>Happy Sankranti and Pongal!<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you concentrate your portfolio, your mistakes will kill you; If you diversify, the payoff from your successes will be diminished. -Howard Marks Investors can now look at the correlation (over one-year and one-month horizons) between stocks that make up an investment &#8216;Theme&#8217; strategy. For example, here&#8217;s how the one-year correlation of the Financial Strength &hellip; <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,9],"tags":[954,2541],"class_list":["post-2013021","post","type-post","status-publish","format-standard","hentry","category-news","category-your-money","tag-correlation","tag-theme","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2013021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/comments?post=2013021"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2013021\/revisions"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=2013021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=2013021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=2013021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}