All of this reflects a very deliberate & fairly permanent allocation strategy — all in support of my quest for greater diversification &
less correlation in my portfolio.
Not exact matches
Nike CFO Andy Campion gave some extra clarity about future orders on the company's conference call, saying there had been
less correlation between orders and revenue than
in the past, and thus Nike would change how it would report those figures
in future quarters (likely to de-emphasize Wall Street's attention to those numbers).
Anecdotally, it appears market participants may be using relatively more liquid instruments to hedge exposures
in other
less liquid market segments, perhaps unintentionally contributing to increased
correlation across markets.
It should be noted, however, that this relationship is not perfect;
in certain environments, gold miner stocks and physical gold prices can move
in opposite directions, and
correlation between the two can be
less than perfect.
Unfortunately, attempts at diversification through public market investing alone have become
less effective
in recent years due to a rise
in correlations between public investments.
In addition to commodity ETFs, currency ETFs, fixed - income ETFs, and (to a
lesser degree) international ETFs can provide the same benefit of low US stock market
correlation.
Small caps (Russell 2000) and to a
lesser extent Nikkei and EM equities
in stocks all have below - average vol and
correlations today to S&P 500; makes index hedges cheaper, although the lower level of realized volatility means consensus is looking for an even better entry point to buy equity vol.»
Moreover, passive investments can be
less liquid
in volatile markets, and reduced central - bank stimulus could mean lower
correlations.
Many of the extreme ones are
in positions of power, because there's usually a
correlation between lack of morals, and religious zealotry, and the
less extreme but not
in power just follow along like sheep because that's what they are taught to do.
That would force a deeper recognition that,
in our capacities as consumers as well, there is far
less correlation than has been supposed between the richness of human experience and the quantity and quality of goods and services consumed.
In fact, bar Henrikh Mkhitaryan, there is a clear
correlation on the list, the more goals you score, the
less assists you make, and vice versa.
And also the
correlation between your truly - terrified - of - poop friend and your own fears — your imagination is generally worse than reality, and even when reality IS pretty gross (like that time my baby had an explosive poop all over my lap at a restaurant that only had the tiniest bathroom ever, like there wasn't enough room between the toilet and the door for the diaper bag, much
less a three - month - old) you just sort of... take it
in stride and deal with it, knowing that the benefits of babies and children outweigh the occasional brush with grossness.
Once again, the
correlation is strong and positive (r =.93, p < 0.001, n = 12), confirming that Europeans
in 2008 were
less sanguine about poorer countries being admitted to the EU.
, Gun prevalence vs homicide rates -
correlation and causation, and Same amount of weapons per person
in Canada as
in USA, far
less murders.
Matching the models with stalagmites There was a much clearer
correlation between
less rainfall
in the region and the Heinrich events, Carolin said.
[Jeff Weeks, a mathematician who is working with Spergel to analyze WMAP's data, says, «The large - scale temperature
correlations across the sky are much
less than one would expect
in an infinite universe but exactly what one would expect
in a finite one.»]
The analysis also revealed consistent differences
in personality traits between first - borns and later - borns — first - borns tended to be more extroverted, agreeable and conscientious, and had
less anxiety than later - borns, for example — but those differences were «infinitesimally small,» amounting to a
correlation of 0.02, Roberts said.
The branch lengths of the high - variance exon tree showed a strong positive
correlation with GC content and a negative
correlation with the average body mass of species, seen at a much
lesser magnitude
in the low - variance exon tree (Fig. 6, A to D).
«We're showing the biological underpinnings of these
correlations, and understand whether genetic variation may make some people more or
less susceptible to certain carcinogens
in food, which may have future important implications for prevention and population health.»
In healthy aging, it's less clear, although studies showed that mitochondrial lipid perodixation as strong correlation with MLSP (in mammals) but it's not necessarily 100 % causal but more correlative (studies said that mitochondrial membrane peroxidation contributes about 30 % in intrinsic aging weight; not 100 % itself alon
In healthy aging, it's
less clear, although studies showed that mitochondrial lipid perodixation as strong
correlation with MLSP (
in mammals) but it's not necessarily 100 % causal but more correlative (studies said that mitochondrial membrane peroxidation contributes about 30 % in intrinsic aging weight; not 100 % itself alon
in mammals) but it's not necessarily 100 % causal but more correlative (studies said that mitochondrial membrane peroxidation contributes about 30 %
in intrinsic aging weight; not 100 % itself alon
in intrinsic aging weight; not 100 % itself alone.
We first demonstrate
less variability of global Pearson
correlations with respect to the two chosen networks using a sliding - window approach during WM task compared to rest; then we show that the macroscopic decrease
in variations
in correlations during a WM task is also well characterized by the combined effect of a reduced number of dominant CAPs, increased spatial consistency across CAPs, and increased fractional contributions of a few dominant CAPs.
The spatial smoothness of T2 * images was greater at 3 T by
less than 1 mm, suggesting that the greater extent of activation at 3 T beyond these spatial scales was not due primarily to increased intrinsic spatial
correlations at 3 T. Rather, the increase
in percentage of voxels activated reflects increased sensitivity for detection of brain activation at higher field strength.
A negative
correlation is expected if slightly deleterious mutations, and possibly also genes that are
less constrained, accumulate
in regions of the genome with low recombination frequency because of the reduced efficiency of natural selection.
Ironically, when we look at plant protein — which The China Study argues so vigorously is cancer - protective — we find almost three times as many positive
correlations with various cancers as we do with animal protein, including colon cancer, rectal cancer, and esophageal cancer.20 Likewise, for heart disease and stroke, plant protein has a positive
correlation while animal protein and fish protein have negative or nearly neutral
correlations — meaning the animal - food eaters
in rural China, if anything, are getting
less cardiovascular disease than their more vegetarian friends.
The 2010 Committee Opinion of the American College of Obstetricians and Gynecologists stated that «Moderate caffeine consumption (
less than 200 mg per day) does not appear to be a major contributing factor
in miscarriage;... a final conclusion can not be made as to whether there is a
correlation between high caffeine intake and miscarriage15.»
TRUTH: What's said
in the bestselling book «The China Study» does not match the findings of the actual China; Cornell - Oxford Study,
in which there was no
correlation with more or
less disease
in people eating a lot of plant foods.
A higher risk for COPD was found
in persons who smoked, but there was also a COPD
correlation with persons of lower household incomes,
less education, and lower BMI (body mass index).
That highly - quantitative theory ignores conventional baseball wisdom, scouting reports and popular stats like batting averages and RBIs
in favor of
lesser - appreciated indicators like slugging and on - base percentages which apparently have a higher
correlation to wins and losses.
Try this thought experiment with another observed practice to illustrate my point about how the results are being mis - reported... The
correlation between student observations that «My teacher seems to know if something is bothering me» and value added was.153, which was
less than the.195
correlation for «We spend a lot of time
in this class practicing for [the state test].»
In her research, Professor Dweck demonstrates a direct
correlation between having a growth mindset and living a
less stressful and more successful life.
The report, coauthored by FutureEd's Phyllis W. Jordan and Raegen Miller, reviews the research on absenteeism and its
correlation to student performance and well - being:
Less time
in school results
in «weaker reading skills, higher retention rates, and lagging development of the social skills needed to persist
in school.»
In an interesting correlation to the price issue, Coker also suggests that factors other than price are going to play a huge role in book selection, especially once consumers grow accustomed to paying $ 4.00 or less for a book on a regular basi
In an interesting
correlation to the price issue, Coker also suggests that factors other than price are going to play a huge role
in book selection, especially once consumers grow accustomed to paying $ 4.00 or less for a book on a regular basi
in book selection, especially once consumers grow accustomed to paying $ 4.00 or
less for a book on a regular basis.
@Mike: «From what I've seen, corporate bonds (which are included
in TBM) tend to have a higher
correlation to the stock market than Treasuries do, thereby making them somewhat
less effective as a diversifier.»
Speaking of Vanguard, it's making its second foray
in the world of liquid alts (after Vanguard Market Neutral) with Vanguard Alternative Strategies Fund seeks to generate returns that have low
correlation with the returns of the stock and bond markets, and that are
less volatile than the overall U.S. stock market.
You want to have enough diversity
in your stock picks that your overall portfolio becomes
less volatile by reducing
correlation between your holdings.
Now that we have a mental idea of how the broader stock market performs, we're going to try and use
correlation statistics that outperforms them with
less volatility (or,
in other words, have a significantly superior Sharpe Ratio).
They can also offer better diversification & lower
correlation in your portfolio — the possible opportunity & upside you see may be much
less dependent on the economy & the market (but far more dependent on that potential transformation & value being realized).
It should be noted, however, that this relationship is not perfect;
in certain environments, gold miner stocks and physical gold prices can move
in opposite directions, and
correlation between the two can be
less than perfect.
Larry Swedroe has an article looking at momentum
in general that's worth reading,
in particular the line about how the strategy becomes
less valuable as
correlations between global markets increase.
I know
correlations depend on each company's particular business model, but I'd prefer to invest
in a sugar company when sugar is back down at 12 cents or
less, I missed it last time» round.
The low volatility and negative
correlation scenario is a different shift — a decrease
in required risk premia due to the fact that diversified investment portfolios are
less risky to investors.
While looking at the
correlation between the level of care provided by cat caregivers and the economic status of the area
in which the cats lived, the authors observed that neutered male cats were
less aggressive than intact males.
That
correlation is «
less robust» for feline calicivirus (FCV) and feline herpes virus 1 (FHV - 1) than for FPV, and «a negative test result for FCV or FHV - 1 antibody would not necessarily indicate lack of protection
in a particular cat.»
Based on the research, there was a significant
correlation (not proving causation, but strong
correlation) that owners of small dogs were
less likely to train their dogs,
less likely to engage
in play interaction and had
less consistency
in training interactions than the owners of larger dogs.
The
correlation between these two selection indexes (0.771 — 0.774) is sufficiently
less than unity enabling the selection of dogs with different genetic propensity for laxity and for osteoarthritic CHD changes
in GSDs; this may also be applicable
in other breeds.
The procedure by Benjamini & Yekutieli [19], which keeps at the expected proportion of false positives and is therefore much
less conservative, also reveals no significant
correlation (adjusted values are reported
in the third table columns of Figure 2).
(
In less technical terms, the more the dots on your scatterplot resemble a line, the higher the strength of a
correlation.)
in my paper indicates that the d - o - f of all the fields is significantly
less (and sometimes much, much
less) than what you would get
in the zero spatial
correlation case.
I'm sure the likes of Ackoff would be the first to agree that it is not required «to demonstrate the existence of a
correlation» for causality to exist or even to be shown to exist, especially if you attempt very hard not to find such a
correlation solely by naively «eyeballing» a graph that plots
less than half the relevant data and then backing it up by the announcement «Stupid...
in fact I'm not.»
None of the
correlations showed an r2 > 0.24 (highest
in August), and most were much smaller (especially during the key spring period where the variance explained was
less than 5 %).