Conquer Risk Correlations

CRTBX Fund

USD 10.83 0.09 0.84%

The current 90-days correlation between Conquer Risk Tactical and Conquer Risk Defensive is 0.06 (i.e., Significant diversification). The correlation of Conquer Risk 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.

Conquer Risk Correlation With Market

Average diversification

The correlation between Conquer Risk Tactical and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Conquer Risk Tactical 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 Conquer Risk Tactical. 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 bureau of labor statistics.

Moving together with Conquer Mutual Fund

0.89	CRDBX	Conquer Risk Defensive	Pair Corr
0.86	CRMVX	Conquer Risk Managed	Pair Corr
0.92	CRTOX	Conquer Risk Tactical Steady Growth	Pair Corr
0.93	VSTSX	Vanguard Total Stock	Pair Corr
0.93	VSMPX	Vanguard Total Stock	Pair Corr
0.93	VITSX	Vanguard Total Stock	Pair Corr
0.93	VFFSX	Vanguard 500 Index	Pair Corr
0.94	VFIAX	Vanguard 500 Index	Pair Corr
0.93	VINIX	Vanguard Institutional	Pair Corr
0.93	VTSAX	Vanguard Total Stock	Pair Corr
0.92	GTEYX	Gateway Fund Class	Pair Corr
0.82	BFGIX	Baron Focused Growth	Pair Corr
0.85	VCDAX	Vanguard Sumer Discr	Pair Corr
0.81	RDPIX	Rising Dollar Profund	Pair Corr
0.92	OSPSX	Oppenheimer Steelpath Mlp	Pair Corr
0.96	QMLFX	Quantified Market Leaders	Pair Corr
0.77	RSFMX	Victory Floating Rate	Pair Corr
0.88	KAGCX	Kensington Dynamic Growth	Pair Corr
0.88	SEEGX	Jpmorgan Large Cap	Pair Corr
0.92	TVRFX	Thornburg Value	Pair Corr
0.88	BTCFX	Bitcoin Strategy Profund	Pair Corr
0.88	EGLIX	Eagle Mlp Strategy	Pair Corr
0.83	BGLTX	Baillie Gifford	Pair Corr
0.91	SDRIX	Swan Defined Risk	Pair Corr
0.73	AGDAX	Ab High Income	Pair Corr

Moving against Conquer Mutual Fund

0.36	ABRIX	Invesco Balanced Risk	Pair Corr
0.31	PAUPX	Pimco All Asset	Pair Corr
0.31	PAUIX	Pimco All Asset	Pair Corr
0.65	VTPSX	Vanguard Total Inter	Pair Corr
0.64	VTISX	Vanguard Total Inter	Pair Corr
0.64	VTSNX	Vanguard Total Inter	Pair Corr

Related Correlations Analysis

	CRDBX	CRMVX	CRTOX	CRTBX	GICPX	VFIAX	PLCIX	CNSIX	FAGAX	FRSAX
CRDBX		0.74	0.94	0.89	0.85	0.91	0.87	0.82	0.9	0.77	CRDBX
CRMVX	0.74		0.74	0.86	0.82	0.89	0.84	0.94	0.73	0.68	CRMVX
CRTOX	0.94	0.74		0.92	0.87	0.92	0.91	0.86	0.93	0.87	CRTOX
CRTBX	0.89	0.86	0.92		0.85	0.94	0.89	0.93	0.86	0.82	CRTBX
GICPX	0.85	0.82	0.87	0.85		0.9	0.96	0.83	0.95	0.71	GICPX
VFIAX	0.91	0.89	0.92	0.94	0.9		0.93	0.94	0.92	0.82	VFIAX
PLCIX	0.87	0.84	0.91	0.89	0.96	0.93		0.9	0.96	0.83	PLCIX
CNSIX	0.82	0.94	0.86	0.93	0.83	0.94	0.9		0.82	0.83	CNSIX
FAGAX	0.9	0.73	0.93	0.86	0.95	0.92	0.96	0.82		0.82	FAGAX
FRSAX	0.77	0.68	0.87	0.82	0.71	0.82	0.83	0.83	0.82		FRSAX
	CRDBX	CRMVX	CRTOX	CRTBX	GICPX	VFIAX	PLCIX	CNSIX	FAGAX	FRSAX

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Risk-Adjusted Indicators

There is a big difference between Conquer Mutual Fund performing well and Conquer Risk 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 Conquer Risk'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
CRDBX	0.71	0.13	0.09	0.77	0.85	(0.84)	1.40	(1.54)	6.51
CRMVX	0.16	(0.01)	0.00	(0.34)	0.00	0.00	0.29	(0.29)	1.16
CRTOX	0.48	0.17	0.29	2.05	0.00	(0.68)	1.31	(0.75)	4.41
CRTBX	0.46	0.06	0.06	0.53	0.37	(0.60)	1.13	(0.85)	3.74
GICPX	0.67	0.05	0.04	0.10	0.96	(0.63)	1.41	(1.87)	4.82
VFIAX	0.51	0.06	0.03	0.88	0.73	(0.50)	0.97	(0.96)	5.48
PLCIX	0.82	0.09	0.05	0.14	1.32	(0.72)	1.79	(2.44)	6.35
CNSIX	0.46	0.03	(0.01)	0.26	0.63	(0.50)	0.89	(0.75)	3.65
FAGAX	0.79	0.15	0.10	0.20	1.07	(0.77)	1.67	(1.49)	6.45
FRSAX	0.06	0.01	(0.24)	0.25	0.00	(0.21)	0.12	(0.12)	0.70

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