Catalyst Exceed Correlations

Mutual Funds . USA . 
Fund . Catalyst Exceed Defined
CLPFX Fund  USD 14.29  0.03  0.21%   
The current 90-days correlation between Catalyst Exceed Defined and Jennison Natural Resources is 0.24 (i.e., Modest diversification). The correlation of Catalyst Exceed is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Catalyst Exceed Correlation With Market

Poor diversification

The correlation between Catalyst Exceed Defined and DJI is 0.79 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Catalyst Exceed Defined and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Catalyst Exceed Defined. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in census.

Moving together with Catalyst Mutual Fund

  1.0CLPCX Catalyst Exceed DefinedPairCorr
  1.0CLPAX Catalyst Exceed DefinedPairCorr
  0.97MBXAX Catalystmillburn HedgePairCorr
  0.97MBXIX Catalystmillburn HedgePairCorr
  0.99JHQCX Jpmorgan Hedged EquityPairCorr
  0.99JHEQX Jpmorgan Hedged EquityPairCorr
  0.99JHQAX Jpmorgan Hedged EquityPairCorr
  0.99GTENX Gateway Fund ClassPairCorr
  1.0GTECX Gateway Fund ClassPairCorr
  0.99GTEYX Gateway Fund ClassPairCorr
  0.99GATEX Gateway Fund ClassPairCorr
  0.98JHDCX Jpmorgan Hedged EquityPairCorr
  0.98JHDRX Jpmorgan Hedged EquityPairCorr
  0.98JHDAX Jpmorgan Hedged EquityPairCorr
  0.82LIIAX Columbia Porate IncomePairCorr
  0.82SRINX Columbia Porate IncomePairCorr
  0.94WRHIX Ivy High IncomePairCorr
  0.94WHIAX Ivy High IncomePairCorr
  0.94IHIFX Ivy High IncomePairCorr
  0.94IVHIX Ivy High IncomePairCorr
  0.84FRIFX Fidelity Real EstatePairCorr
  0.99HGOTX Hartford Growth OppoPairCorr
  0.99QGRPX Ubs Quality GrowthPairCorr
  0.99LPREX Blackrock LifepathPairCorr
  0.84DLEUX Doubleline ShillerPairCorr
  0.78LSIIX Loomis Sayles InvestmentPairCorr
  0.99MSPIX Mainstay Sp 500PairCorr
  0.96EMXIX Ashmore Emerging MarketsPairCorr
  0.99VFIAX Vanguard 500 IndexPairCorr
  0.98GCMRX Goldman Sachs MidPairCorr
  0.75ANGLX Angel Oak MultiPairCorr
  0.99PRSIX Trowe Price PersonalPairCorr
  0.97STRBX Sterling Capital BehPairCorr
  0.96DHMYX Diamond Hill SmallPairCorr
  0.98JGMNX Janus TritonPairCorr
  0.74BIMIX Baird Intermediate BondPairCorr
  0.93UTF Cohen And SteersPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Catalyst Mutual Fund performing well and Catalyst Exceed Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Catalyst Exceed's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY