Commodities Strategy Correlations

RYMEX Fund

USD 156.48 1.96 1.24%

The current 90-days correlation between Commodities Strategy and Global Technology Portfolio is 0.19 (i.e., Average diversification). The correlation of Commodities Strategy 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.

Commodities Strategy Correlation With Market

Good diversification

The correlation between Commodities Strategy Fund and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Commodities Strategy Fund 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 Commodities Strategy Fund. 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 services.

Moving against Commodities Mutual Fund

0.38	RYAHX	Mid Cap 15x	Pair Corr
0.34	RYALX	Inverse Nasdaq 100 Steady Growth	Pair Corr
0.33	RYBCX	Basic Materials	Pair Corr
0.32	RYACX	Inverse Nasdaq 100 Steady Growth	Pair Corr
0.32	RYAIX	Inverse Nasdaq 100 Steady Growth	Pair Corr
0.31	RYBAX	Basic Materials	Pair Corr
0.31	RYBIX	Basic Materials	Pair Corr
0.31	RYARX	Inverse Sp 500	Pair Corr
0.33	RYAPX	Inverse Nasdaq 100 Steady Growth	Pair Corr
0.31	RYAZX	Sp Smallcap 600	Pair Corr
0.31	RYAWX	Sp 500 Pure	Pair Corr
0.55	RYCIX	Consumer Products	Pair Corr
0.53	RYCPX	Consumer Products	Pair Corr
0.45	RYCAX	Consumer Products	Pair Corr
0.39	RYCWX	Inverse Dow 2x Steady Growth	Pair Corr
0.34	RYCDX	Rydex Inverse Nasdaq Steady Growth	Pair Corr
0.31	RYCRX	Real Estate Fund	Pair Corr

Related Correlations Analysis

	JGLTX	MTCCX	XSTKX	TEPIX	DTEYX	TOWTX
JGLTX		0.98	0.89	0.97	0.98	0.86	JGLTX
MTCCX	0.98		0.91	0.98	0.97	0.83	MTCCX
XSTKX	0.89	0.91		0.92	0.9	0.71	XSTKX
TEPIX	0.97	0.98	0.92		0.96	0.78	TEPIX
DTEYX	0.98	0.97	0.9	0.96		0.9	DTEYX
TOWTX	0.86	0.83	0.71	0.78	0.9		TOWTX
	JGLTX	MTCCX	XSTKX	TEPIX	DTEYX	TOWTX

Risk-Adjusted Indicators

There is a big difference between Commodities Mutual Fund performing well and Commodities Strategy 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 Commodities Strategy'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
JGLTX	0.88	(0.01)	0.00	0.04	1.30	(0.83)	1.40	(2.26)	5.45
MTCCX	0.92	0.04	0.04	0.08	1.26	(0.92)	1.71	(2.58)	5.71
XSTKX	1.38	0.16	0.05	(3.33)	2.07	(1.30)	2.51	(4.01)	10.20
TEPIX	1.42	0.04	0.03	0.07	2.22	(1.27)	2.74	(3.82)	8.82
DTEYX	1.03	0.02	0.02	0.06	1.53	(0.95)	1.67	(2.46)	6.53
TOWTX	0.68	0.00	0.00	0.04	0.92	(0.67)	1.59	(1.33)	4.93

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Commodities Strategy Correlations

Commodities Strategy Correlation With Market

Good diversification

Moving against Commodities Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

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