Catalystsmh Total Correlations

Mutual Funds . USA . 
Fund . Catalystsmh Total Return
TRIIX Fund  USD 4.78  0.01  0.21%   
The current 90-days correlation between Catalystsmh Total Return and Catalystsmh High Income is 0.74 (i.e., Poor diversification). The correlation of Catalystsmh Total 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.

Catalystsmh Total Correlation With Market

Poor diversification

The correlation between Catalystsmh Total Return and DJI is 0.62 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Catalystsmh Total Return 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 Catalystsmh Total Return. 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 gross domestic product.

Moving together with Catalystsmh Mutual Fund

  0.97HIICX Catalystsmh High IncomePairCorr
  0.97HIIFX Catalystsmh High IncomePairCorr
  0.97HIIIX Catalystsmh High IncomePairCorr
  0.9MLXCX Catalyst Mlp InfrastPairCorr
  0.9MLXAX Catalyst Mlp InfrastPairCorr
  0.9MLXIX Catalyst Mlp InfrastPairCorr
  0.86CFRIX Catalyst/princetonPairCorr
  0.86CFRFX Catalyst/cifc FloatingPairCorr
  0.86CFRCX Catalyst/princetonPairCorr
  0.87CFRAX Catalyst/princetonPairCorr
  0.83INSAX Catalyst Insider BuyingPairCorr
  0.83INSCX Catalyst Insider BuyingPairCorr
  0.83INSIX Catalyst Insider BuyingPairCorr
  0.84ATRFX Catalyst IntelligentPairCorr
  0.83ATRCX Catalyst IntelligentPairCorr
  0.83ATRAX Catalyst IntelligentPairCorr
  0.88SHIIX Catalystexceed DefinedPairCorr
  0.88SHIEX Catalystexceed DefinedPairCorr
  0.87SHINX Catalystexceed DefinedPairCorr
  0.86CLPCX Catalyst Exceed DefinedPairCorr
  0.86CLPAX Catalyst Exceed DefinedPairCorr
  0.86CLPFX Catalyst Exceed DefinedPairCorr
  0.85CLTIX Catalyst/lyons TacticalPairCorr
  0.85CLTCX Catalyst/lyons TacticalPairCorr
  0.85CLTAX Catalyst/lyons TacticalPairCorr
  0.91MBXAX Catalystmillburn HedgePairCorr
  0.91MBXFX Catalystmillburn HedgePairCorr
  0.91MBXCX Catalystmillburn HedgePairCorr
  0.91MBXIX Catalystmillburn HedgePairCorr
  0.86CPECX Catalyst Dynamic AlphaPairCorr
  0.86CPEAX Catalyst Dynamic AlphaPairCorr
  0.86CPEIX Catalyst Dynamic AlphaPairCorr
  1.0TRIFX Catalystsmh Total ReturnPairCorr
  1.0TRICX Catalystsmh Total ReturnPairCorr
  0.86TRXCX Catalystmap GlobalPairCorr
  0.87TRXAX Catalystmap GlobalPairCorr

Moving against Catalystsmh Mutual Fund

  0.94CWXIX CatalystwarringtonPairCorr
  0.93CWXCX CatalystwarringtonPairCorr
  0.9CWXAX CatalystwarringtonPairCorr

Related Correlations Analysis

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.
High positive correlations   
HIIFX
+ 1.0
HIICX
HIIIX
+ 1.0
HIICX
HIIIX
+ 1.0
HIIFX
MLXIX
+ 1.0
MLXCX
MLXAX
+ 0.99
MLXCX
MLXIX
+ 0.99
MLXAX
  
High negative correlations   
CWXCX
- 0.96
HIIIX
CWXCX
- 0.96
HIIFX
CWXCX
- 0.96
HIICX
CFRIX
- 0.95
CWXCX
CWXIX
- 0.95
HIIIX
CWXIX
- 0.95
HIIFX

Risk-Adjusted Indicators

There is a big difference between Catalystsmh Mutual Fund performing well and Catalystsmh Total 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 Catalystsmh Total'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
HIICX  0.39  0.13  0.07  0.52  0.00 
(0.56)
 0.89 
(0.56)
 2.03 
HIIFX  0.40  0.13  0.08  0.57  0.00 
(0.58)
 0.87 
(0.55)
 2.03 
HIIIX  0.41  0.12  0.08  0.51  0.00 
(0.59)
 0.89 
(0.57)
 2.04 
MLXCX  1.04  0.12  0.03  0.42  1.26 
(1.12)
 2.23 
(2.21)
 5.62 
MLXAX  1.00  0.13  0.04  0.49  1.20 
(1.11)
 2.23 
(2.21)
 5.54 
MLXIX  1.04  0.13  0.04  0.42  1.25 
(1.10)
 2.25 
(2.16)
 5.55 
CWXIX  0.02 (0.01) 0.00  0.97  0.00 
 0.00 
 0.00 
(0.11)
 0.21 
CWXCX  0.03 (0.02) 0.00  0.99  0.00 
 0.00 
 0.00 
(0.12)
 0.23 
CWXAX  0.02 (0.01) 0.00  0.71  0.00 
 0.00 
 0.00 
(0.11)
 0.22 
CFRIX  0.10  0.04 (0.67) 0.73  0.00 
(0.20)
 0.44 
(0.11)
 0.67 

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