Performance Trust Correlations

PTIMX Fund

USD 22.03 0.03 0.14%

The current 90-days correlation between Performance Trust and Performance Trust Strategic is 0.1 (i.e., Average diversification). The correlation of Performance Trust 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.

Performance Trust Correlation With Market

Good diversification

The correlation between Performance Trust Municipal and DJI is -0.13 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Performance Trust Municipal and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Performance Trust Municipal. 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 population.

Moving together with Performance Mutual Fund

0.81	PTAOX	Performance Trust	Pair Corr
0.62	PTCOX	Performance Trust	Pair Corr
1.0	PTRMX	Performance Trust	Pair Corr
0.7	VWITX	Vanguard Intermediate	Pair Corr
0.68	VWIUX	Vanguard Intermediate	Pair Corr
0.7	AFTEX	Tax Exempt Bond	Pair Corr
0.7	TEBCX	Tax Exempt Bond	Pair Corr
0.71	TFEBX	Tax Exempt Bond	Pair Corr
0.65	MDNLX	Blackrock National	Pair Corr
0.66	MFNLX	Blackrock Natl Muni	Pair Corr

Moving against Performance Mutual Fund

0.33

UPMMX

Precious Metals And

Pair Corr

Related Correlations Analysis

	PTIAX	PTRMX	SSIRX	NHMRX	GIBIX
PTIAX		0.48	0.78	0.77	0.77	PTIAX
PTRMX	0.48		0.57	0.52	0.56	PTRMX
SSIRX	0.78	0.57		0.78	0.69	SSIRX
NHMRX	0.77	0.52	0.78		0.54	NHMRX
GIBIX	0.77	0.56	0.69	0.54		GIBIX
	PTIAX	PTRMX	SSIRX	NHMRX	GIBIX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Performance Mutual Fund performing well and Performance Trust 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 Performance Trust'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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
PTIAX	0.32	(0.01)	(0.07)	(0.08)	0.43	(0.31)	0.56	(0.62)	1.83
PTRMX	0.31	(0.03)	0.00	0.64	0.00	0.00	0.41	(1.23)	3.23
SSIRX	0.17	(0.03)	0.00	(0.39)	0.00	0.00	0.26	(0.46)	1.13
NHMRX	0.51	(0.06)	0.00	(0.13)	0.00	0.00	0.83	(2.01)	5.50
GIBIX	0.29	0.01	(0.05)	2.00	0.37	(0.30)	0.55	(0.55)	1.77

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