Catalyst/map Global Correlations

CAXAX Fund  USD 17.71  0.03  0.17%   
The current 90-days correlation between Catalystmap Global Equity and Catalystsmh High Income is 0.44 (i.e., Very weak diversification). The correlation of Catalyst/map Global 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.

Catalyst/map Global Correlation With Market

Catalyst/mapDowDiversified AwayCatalyst/mapDowDiversified Away100%

Weak diversification

The correlation between Catalystmap Global Equity and DJI is 0.3 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Catalystmap Global Equity 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 Catalystmap Global Equity. 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 nation.

Moving together with Catalyst/map Mutual Fund

  0.93CFHCX Catalyst Hedged ModityPairCorr
  0.93CFHAX Catalyst Hedged ModityPairCorr
  0.94CFHIX Catalyst Hedged ModityPairCorr
  0.69INSAX Catalyst Insider BuyingPairCorr
  0.7INSCX Catalyst Insider BuyingPairCorr
  0.69INSIX Catalyst Insider BuyingPairCorr
  0.71ATRFX Catalyst IntelligentPairCorr
  0.72ATRCX Catalyst IntelligentPairCorr
  0.71ATRAX Catalyst IntelligentPairCorr
  0.84CLTIX Catalyst/lyons TacticalPairCorr
  0.86CLTCX Catalyst/lyons TacticalPairCorr
  0.85CLTAX Catalyst/lyons TacticalPairCorr
  0.91CPECX Catalyst Dynamic AlphaPairCorr
  0.91CPEAX Catalyst Dynamic AlphaPairCorr
  0.91CPEIX Catalyst Dynamic AlphaPairCorr

Moving against Catalyst/map Mutual Fund

  0.83CWXAX Catalyst/warringtonPairCorr
  0.81CWXIX Catalyst/warringtonPairCorr
  0.66CWXCX Catalyst/warringtonPairCorr
  0.41CFRIX Catalyst/princetonPairCorr
  0.4CFRCX Catalyst/princetonPairCorr
  0.4CFRAX Catalyst/princetonPairCorr
  0.38CFRFX Catalyst/cifc FloatingPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

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   
MLXAXMLXCX
MLXIXMLXCX
MLXIXMLXAX
CWXAXCWXIX
HIIFXHIICX
HIIIXHIICX
  
High negative correlations   
CFHCXCWXAX
CFHCXCWXIX
CFHCXCWXCX
CWXCXHIICX
CWXCXHIIIX
CWXCXHIIFX

Risk-Adjusted Indicators

There is a big difference between Catalyst/map Mutual Fund performing well and Catalyst/map Global 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 Catalyst/map Global'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  0.19  0.02  0.05  0.21  0.14 
 0.27 
 1.35 
HIIFX  0.21  0.02  0.06  0.22  0.11 
 0.53 
 1.09 
HIIIX  0.18  0.02  0.05  0.16  0.11 
 0.27 
 1.09 
MLXCX  1.10  0.07  0.04  0.18  1.56 
 2.39 
 6.93 
MLXAX  1.11  0.07  0.04  0.18  1.59 
 2.36 
 6.92 
MLXIX  1.10  0.07  0.04  0.19  1.55 
 2.35 
 6.85 
CWXIX  0.04  0.00 (0.05) 0.33  0.00 
 0.11 
 0.98 
CWXCX  0.04 (0.01)(0.08) 0.72  0.05 
 0.12 
 0.95 
CWXAX  0.04 (0.01)(0.06) 0.34  0.00 
 0.11 
 1.00 
CFHCX  0.53 (0.05) 0.00 (0.28) 0.00 
 1.22 
 4.80