Hundredfold Select Correlations

Mutual Funds . USA . 
Fund . Hundredfold Select Alternative
SFHYX Fund  USD 23.56  0.05  0.21%   
The current 90-days correlation between Hundredfold Select and Nuveen All American Municipal is 0.14 (i.e., Average diversification). The correlation of Hundredfold Select 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.

Hundredfold Select Correlation With Market

Poor diversification

The correlation between Hundredfold Select Alternative and DJI is 0.76 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hundredfold Select Alternative and DJI in the same portfolio, assuming nothing else is changed.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Hundredfold Select Alternative. 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 Hundredfold Mutual Fund

  0.97SAPEX Spectrum AdvisorsPairCorr
  0.93OTRFX Ontrack E FundPairCorr
  0.93OTRGX Ontrack E FundPairCorr
  0.95SUNBX Spectrum UnconstrainedPairCorr
  0.92QMLAX Quantified Market LeadersPairCorr
  0.92QMLFX Quantified Market LeadersPairCorr
  0.98SVARX Spectrum Low VolatilityPairCorr
  0.65QRDTX Quantified RisingPairCorr
  0.86QALAX Quantified AlternativePairCorr
  0.88QALTX Quantified AlternativePairCorr
  0.8QSTFX Quantified StfPairCorr
  0.94QTSSX Quantified TacticalPairCorr
  0.88QGLDX Gold BullionPairCorr
  0.87QGLCX Gold BullionPairCorr
  0.82KAMAX Kensington Managed IncomePairCorr
  0.77KAMCX Kensington Managed IncomePairCorr
  0.82KAMIX Kensington Managed IncomePairCorr
  0.95PAALX All Asset FundPairCorr
  0.94PATRX Pimco All AssetPairCorr
  0.95PAAIX All Asset FundPairCorr
  0.95PALPX Pimco All AssetPairCorr
  0.95PASAX All Asset FundPairCorr
  0.94PASCX All Asset FundPairCorr
  0.95PAANX Pimco All AssetPairCorr
  0.94PAUPX Pimco All AssetPairCorr
  0.93PAUIX Pimco All AssetPairCorr
  0.91WARRX Wells Fargo AdvantagePairCorr
  0.87ONERX One Rock FundPairCorr
  0.88VWSNX Tomorrows Scholar CollegePairCorr
  0.97SEDAX Siit Emerging MarketsPairCorr

Moving against Hundredfold Mutual Fund

  0.4QFITX Quantified Tactical FixedPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Hundredfold Mutual Fund performing well and Hundredfold Select 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 Hundredfold Select'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