Quadratic Deflation Correlations

BNDD Etf

USD 13.73 0.20 1.48%

The current 90-days correlation between Quadratic Deflation ETF and Quadratic Interest Rate is -0.33 (i.e., Very good diversification). The correlation of Quadratic Deflation 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.

Quadratic Deflation Correlation With Market

Significant diversification

The correlation between Quadratic Deflation ETF and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Quadratic Deflation ETF and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Quadratic Deflation ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Moving together with Quadratic Etf

0.93	TLT	iShares 20 Year Aggressive Push	Pair Corr
0.78	IEF	iShares 7 10	Pair Corr
0.92	SPTL	SPDR Barclays Long	Pair Corr
0.86	TLH	iShares 10 20	Pair Corr
0.96	EDV	Vanguard Extended	Pair Corr
0.97	GOVZ	iShares 25 Year Low Volatility	Pair Corr
0.91	SCHQ	Schwab Long Term	Pair Corr
0.87	TYA	Simplify Exchange Traded Low Volatility	Pair Corr
0.68	WGMI	Valkyrie Bitcoin Miners	Pair Corr
0.61	PMBS	PIMCO Mortgage Backed	Pair Corr
0.69	VZ	Verizon Communications Aggressive Push	Pair Corr
0.63	HD	Home Depot	Pair Corr
0.8	DIS	Walt Disney	Pair Corr

Moving against Quadratic Etf

0.64	BA	Boeing	Pair Corr
0.41	AMPD	Tidal Trust II	Pair Corr
0.6	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.47	MMM	3M Company	Pair Corr
0.38	JPM	JPMorgan Chase	Pair Corr
0.37	CSCO	Cisco Systems	Pair Corr
0.34	AXP	American Express	Pair Corr
0.32	GE	GE Aerospace	Pair Corr

Related Correlations Analysis

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		-0.34	0.54	-0.68	0.78	0.45	-0.1	0.85	-0.78	-0.4	META
MSFT	-0.34		-0.63	0.28	-0.48	0.2	0.71	-0.47	0.59	-0.15	MSFT
UBER	0.54	-0.63		-0.15	0.73	-0.02	-0.49	0.72	-0.74	0.37	UBER
F	-0.68	0.28	-0.15		-0.38	-0.16	0.33	-0.41	0.58	0.77	F
T	0.78	-0.48	0.73	-0.38		0.06	-0.2	0.73	-0.78	0.0	T
A	0.45	0.2	-0.02	-0.16	0.06		0.21	0.53	-0.02	-0.29	A
CRM	-0.1	0.71	-0.49	0.33	-0.2	0.21		-0.25	0.43	-0.06	CRM
JPM	0.85	-0.47	0.72	-0.41	0.73	0.53	-0.25		-0.78	-0.08	JPM
MRK	-0.78	0.59	-0.74	0.58	-0.78	-0.02	0.43	-0.78		0.1	MRK
XOM	-0.4	-0.15	0.37	0.77	0.0	-0.29	-0.06	-0.08	0.1		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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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

JPM	+ 0.85	META
T	+ 0.78	META
XOM	+ 0.77	F
T	+ 0.73	UBER
JPM	+ 0.73	T
JPM	+ 0.72	UBER

High negative correlations

MRK	- 0.78	JPM
MRK	- 0.78	T
MRK	- 0.78	META
MRK	- 0.74	UBER
F	- 0.68	META
UBER	- 0.63	MSFT

Quadratic Deflation Competition Risk-Adjusted Indicators

There is a big difference between Quadratic Etf performing well and Quadratic Deflation ETF 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 Quadratic Deflation'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
META	1.30	0.26	0.16	0.64	1.38	(1.36)	3.22	(2.26)	7.11
MSFT	0.99	(0.06)	0.00	(0.23)	0.00	0.00	2.20	(1.90)	10.31
UBER	1.88	0.15	0.05	(2.68)	2.72	(1.87)	4.72	(3.13)	12.29
F	1.35	(0.21)	0.00	(0.27)	0.00	0.00	2.46	(2.90)	10.97
T	0.92	0.24	0.21	0.47	0.95	(1.07)	1.80	(1.75)	7.94
A	1.09	0.08	0.07	0.13	1.03	(1.33)	2.81	(1.91)	6.12
CRM	1.43	(0.07)	0.00	(0.08)	0.00	0.00	3.10	(2.95)	15.92
JPM	0.90	0.08	0.06	0.11	1.21	(0.99)	1.92	(1.51)	6.85
MRK	1.22	(0.07)	0.00	(1.13)	0.00	0.00	2.43	(1.81)	11.57
XOM	0.94	(0.13)	0.00	(0.24)	0.00	0.00	1.76	(2.14)	5.69

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