Catalyst Hedged Correlations

CFHAX Fund

USD 8.86 0.01 0.11%

The current 90-days correlation between Catalyst Hedged Modity and Catalystsmh High Income is 0.2 (i.e., Modest diversification). The correlation of Catalyst Hedged 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 Hedged Correlation With Market

Average diversification

The correlation between Catalyst Hedged Modity and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Catalyst Hedged Modity 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 Catalyst Hedged Modity. 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 Mutual Fund

0.83	CWXIX	Catalystwarrington	Pair Corr
0.83	CWXCX	Catalystwarrington	Pair Corr
0.82	CWXAX	Catalystwarrington	Pair Corr
1.0	CFHCX	Catalyst Hedged Modity	Pair Corr
1.0	CFHIX	Catalyst Hedged Modity	Pair Corr
0.94	DCXIX	Catalystmillburn Dyn	Pair Corr
0.94	DCXCX	Catalystmillburn Dyn	Pair Corr

Moving against Catalyst Mutual Fund

0.69	CLPCX	Catalyst Exceed Defined	Pair Corr
0.67	CLPAX	Catalyst Exceed Defined	Pair Corr
0.67	CLPFX	Catalyst Exceed Defined	Pair Corr
0.59	CFRIX	Catalystprinceton	Pair Corr
0.47	CFRCX	Catalystprinceton	Pair Corr
0.47	CFRAX	Catalystprinceton	Pair Corr
0.46	CFRFX	Catalystcifc Floating	Pair Corr
0.37	HIIIX	Catalystsmh High Income	Pair Corr
0.31	MLXIX	Catalyst Mlp Infrast Steady Growth	Pair Corr
0.59	IIXAX	Catalyst Insider Income	Pair Corr
0.56	IIXCX	Catalyst Insider Income	Pair Corr
0.56	IIXIX	Catalyst Insider Income	Pair Corr

Related Correlations Analysis

	HIICX	HIIFX	HIIIX	MLXCX	MLXAX	MLXIX	CWXIX	CWXCX	CWXAX
HIICX		0.96	0.96	0.89	0.89	0.89	-0.13	-0.19	-0.13	HIICX
HIIFX	0.96		0.97	0.92	0.92	0.92	-0.1	-0.16	-0.1	HIIFX
HIIIX	0.96	0.97		0.91	0.91	0.91	-0.21	-0.27	-0.21	HIIIX
MLXCX	0.89	0.92	0.91		1.0	1.0	-0.12	-0.17	-0.12	MLXCX
MLXAX	0.89	0.92	0.91	1.0		1.0	-0.12	-0.17	-0.12	MLXAX
MLXIX	0.89	0.92	0.91	1.0	1.0		-0.12	-0.18	-0.12	MLXIX
CWXIX	-0.13	-0.1	-0.21	-0.12	-0.12	-0.12		1.0	1.0	CWXIX
CWXCX	-0.19	-0.16	-0.27	-0.17	-0.17	-0.18	1.0		1.0	CWXCX
CWXAX	-0.13	-0.1	-0.21	-0.12	-0.12	-0.12	1.0	1.0		CWXAX
	HIICX	HIIFX	HIIIX	MLXCX	MLXAX	MLXIX	CWXIX	CWXCX	CWXAX

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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

MLXAX	+ 1.0	MLXCX
MLXIX	+ 1.0	MLXCX
MLXIX	+ 1.0	MLXAX
CWXCX	+ 1.0	CWXIX
CWXAX	+ 1.0	CWXIX
CWXAX	+ 1.0	CWXCX

High negative correlations

CWXCX	- 0.27	HIIIX
CWXAX	- 0.21	HIIIX
CWXIX	- 0.21	HIIIX
CWXCX	- 0.19	HIICX
CWXCX	- 0.18	MLXIX
CWXCX	- 0.17	MLXAX

Risk-Adjusted Indicators

There is a big difference between Catalyst Mutual Fund performing well and Catalyst Hedged 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 Hedged'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
HIICX	0.16	0.00	(0.12)	(0.15)	0.17	(0.32)	0.27	(0.27)	1.34
HIIFX	0.18	0.00	(0.11)	0.32	0.18	(0.33)	0.53	(0.53)	1.08
HIIIX	0.16	0.01	(0.09)	0.32	0.11	(0.33)	0.27	(0.27)	1.34
MLXCX	0.92	0.14	0.09	0.50	1.12	(0.96)	1.92	(2.04)	6.54
MLXAX	0.92	0.14	0.09	0.50	1.11	(0.96)	1.95	(2.04)	6.49
MLXIX	0.92	0.14	0.09	0.51	1.11	(0.96)	1.94	(2.03)	6.53
CWXIX	0.11	(0.05)	0.00	(1.48)	0.00	0.00	0.11	(0.11)	3.06
CWXCX	0.10	(0.04)	0.00	(1.67)	0.00	0.00	0.12	(0.12)	2.44
CWXAX	0.10	(0.05)	0.00	(1.44)	0.00	0.00	0.11	(0.11)	2.92

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