Quantified Evolution Correlations

QEVOX Fund

USD 5.94 0.09 1.49%

The current 90-days correlation between Quantified Evolution Plus and Goldman Sachs Small is -0.01 (i.e., Good diversification). The correlation of Quantified Evolution 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.

Quantified Evolution Correlation With Market

Good diversification

The correlation between Quantified Evolution Plus and DJI is -0.2 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Quantified Evolution Plus 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 Quantified Evolution Plus. 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 metropolitan statistical area.

Moving together with Quantified Mutual Fund

0.84	SAPEX	Spectrum Advisors	Pair Corr
0.77	OTRFX	Ontrack E Fund	Pair Corr
0.77	OTRGX	Ontrack E Fund	Pair Corr
0.84	QMLAX	Quantified Market Leaders	Pair Corr
0.84	QMLFX	Quantified Market Leaders	Pair Corr
0.76	SVARX	Spectrum Low Volatility	Pair Corr
0.75	SFHYX	Hundredfold Select	Pair Corr
0.86	QRDTX	Quantified Rising	Pair Corr
0.61	QALAX	Quantified Alternative	Pair Corr
0.61	QALTX	Quantified Alternative	Pair Corr
0.8	QSPMX	Quantified Pattern	Pair Corr
0.64	QSTFX	Quantified Stf	Pair Corr
0.64	QSTAX	Quantified Stf	Pair Corr
0.66	QBDAX	Quantified Managed Income	Pair Corr
0.85	QBDSX	Quantified Managed Income	Pair Corr
0.76	QTSSX	Quantified Tactical	Pair Corr
0.64	QCGDX	Quantified Common Ground	Pair Corr
0.8	QGBLX	Quantified Global	Pair Corr
0.62	QGLDX	Gold Bullion	Pair Corr
0.77	KAMAX	Kensington Managed Income	Pair Corr
0.77	KAMCX	Kensington Managed Income	Pair Corr
0.79	KAMIX	Kensington Managed Income	Pair Corr
0.8	PAALX	All Asset Fund	Pair Corr
0.79	PATRX	Pimco All Asset	Pair Corr
0.8	PAAIX	All Asset Fund	Pair Corr
0.8	PALPX	Pimco All Asset	Pair Corr
0.79	PASAX	All Asset Fund	Pair Corr
0.8	PASCX	All Asset Fund	Pair Corr
0.8	PAANX	Pimco All Asset	Pair Corr
0.81	PAUPX	Pimco All Asset	Pair Corr
0.81	PAUIX	Pimco All Asset	Pair Corr
0.7	WARRX	Wells Fargo Advantage	Pair Corr
0.75	VSTSX	Vanguard Total Stock	Pair Corr
0.75	VSMPX	Vanguard Total Stock	Pair Corr

Moving against Quantified Mutual Fund

0.31

QFITX

Quantified Tactical Fixed

Pair Corr

Related Correlations Analysis

	GTTTX	DRSVX	RRMVX	MGPIX	VSCPX	BMGKX	CRNSX
GTTTX		0.94	0.94	0.93	0.95	0.49	0.91	GTTTX
DRSVX	0.94		0.97	0.84	0.97	0.37	0.9	DRSVX
RRMVX	0.94	0.97		0.86	0.99	0.41	0.86	RRMVX
MGPIX	0.93	0.84	0.86		0.88	0.64	0.85	MGPIX
VSCPX	0.95	0.97	0.99	0.88		0.48	0.88	VSCPX
BMGKX	0.49	0.37	0.41	0.64	0.48		0.57	BMGKX
CRNSX	0.91	0.9	0.86	0.85	0.88	0.57		CRNSX
	GTTTX	DRSVX	RRMVX	MGPIX	VSCPX	BMGKX	CRNSX

Risk-Adjusted Indicators

There is a big difference between Quantified Mutual Fund performing well and Quantified Evolution 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 Quantified Evolution'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
GTTTX	0.81	0.14	0.08	(0.81)	0.76	(1.00)	2.20	(1.54)	5.80
DRSVX	0.80	(0.03)	0.00	0.04	0.84	(0.89)	1.93	(1.33)	5.25
RRMVX	0.61	(0.02)	(0.01)	0.04	0.57	(0.73)	1.70	(0.93)	3.74
MGPIX	0.67	0.07	0.01	(0.40)	0.65	(0.86)	1.53	(1.30)	3.82
VSCPX	0.69	0.00	0.03	0.06	0.62	(0.81)	1.75	(1.03)	4.06
BMGKX	0.73	0.05	(0.02)	(0.22)	0.80	(0.78)	1.14	(1.27)	4.15
CRNSX	0.42	0.04	(0.03)	(0.68)	0.47	(0.45)	1.03	(0.84)	2.66

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