Bts Tactical Correlations
| BTFRX Fund | USD 7.84 0.01 0.13% |
The correlation of Bts Tactical 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.
Bts Tactical Correlation With Market
Good diversification
The correlation between Bts Tactical Fixed 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 Bts Tactical Fixed and DJI in the same portfolio, assuming nothing else is changed.
Bts |
Moving together with Bts Mutual Fund
| 0.99 | BTFIX | Bts Tactical Fixed | PairCorr |
| 0.96 | BTFCX | Bts Tactical Fixed | PairCorr |
| 1.0 | BTFAX | Bts Tactical Fixed | PairCorr |
| 0.94 | BTSIX | Bts Managed Income | PairCorr |
| 0.91 | BTSCX | Bts Managed Income | PairCorr |
| 0.93 | BTSAX | Bts Managed Income | PairCorr |
| 0.93 | BTSRX | Bts Managed Income | PairCorr |
| 0.74 | BSIKX | Blackrock Strategic | PairCorr |
| 0.78 | BSICX | Blackrock Strategic Opps | PairCorr |
| 0.77 | BASIX | Blackrock Strategic Opps | PairCorr |
| 0.76 | BSIIX | Blackrock Strategic | PairCorr |
| 0.81 | WARCX | Wells Fargo Advantage | PairCorr |
| 0.85 | SCFIX | Shenkman Short Duration | PairCorr |
| 0.65 | PIPTX | Virtus Kar Global | PairCorr |
| 0.78 | XSWZX | Swiss Helvetia | PairCorr |
| 0.82 | MXKVX | Great West Servative | PairCorr |
| 0.63 | THCAX | Thornburg Core Plus | PairCorr |
Moving against Bts Mutual Fund
| 0.71 | PQTNX | Pimco Trends Managed | PairCorr |
| 0.71 | PQTIX | Aa Pimco Tr | PairCorr |
| 0.62 | PQTAX | Pimco Trends Managed | PairCorr |
Related Correlations Analysis
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | HUCXX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | JRSXX | ||
| 0.0 | 0.0 | 0.29 | 0.99 | 0.69 | 0.0 | SBFAX | ||
| 0.0 | 0.0 | 0.29 | 0.28 | 0.13 | 0.0 | IAAEX | ||
| 0.0 | 0.0 | 0.99 | 0.28 | 0.71 | 0.0 | FNPIX | ||
| 0.0 | 0.0 | 0.69 | 0.13 | 0.71 | 0.0 | GCFSX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0P000070L2 | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Bts Mutual Fund performing well and Bts Tactical 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 Bts Tactical'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HUCXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| JRSXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SBFAX | 0.76 | 0.01 | 0.00 | (0.06) | 0.00 | 1.65 | 5.22 | |||
| IAAEX | 0.80 | (0.12) | 0.00 | (0.32) | 0.00 | 1.41 | 9.17 | |||
| FNPIX | 1.23 | 0.06 | 0.00 | (0.02) | 0.00 | 2.08 | 9.08 | |||
| GCFSX | 0.75 | 0.10 | 0.10 | 0.06 | 1.04 | 1.80 | 4.68 | |||
| 0P000070L2 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |