Conquer Risk Correlations

CRTOX Fund

USD 10.27 0.07 0.69%

The current 90-days correlation between Conquer Risk Tactical and Conquer Risk Defensive is 0.13 (i.e., Average 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 0.1 (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 persons.

Moving together with Conquer Mutual Fund

0.94	CRDBX	Conquer Risk Defensive	Pair Corr
0.74	CRMVX	Conquer Risk Managed	Pair Corr
0.92	CRTBX	Conquer Risk Tactical	Pair Corr
0.62	COGVX	Cognios Large Cap	Pair Corr
0.86	SPMPX	Invesco Steelpath Mlp	Pair Corr
0.86	MLPNX	Oppenheimer Steelpath Mlp	Pair Corr
0.86	MLPMX	Oppenheimer Steelpath Mlp	Pair Corr
0.86	SPMJX	Invesco Steelpath Mlp	Pair Corr
0.88	PRGTX	T Rowe Price	Pair Corr
0.71	AGOVX	Invesco Government	Pair Corr
0.97	MAPPX	Advantage Portfolio Class	Pair Corr
0.93	VFINX	Vanguard 500 Index	Pair Corr
0.94	VIGIX	Vanguard Growth Index	Pair Corr
0.84	FZOKX	Oklahoma College Savings	Pair Corr
0.77	TEPSX	Technology Ultrasector	Pair Corr
0.92	ANZAX	Allianzgi Vertible	Pair Corr
0.97	BTCLX	Cboe Vest Bitcoin	Pair Corr
0.73	JSOSX	Jpmorgan Strategic Income	Pair Corr
0.92	TRIHX	Tiaa Cref Large	Pair Corr
0.84	KMKCX	Kinetics Market Oppo	Pair Corr
0.88	PFRIX	Prudential Floating Rate	Pair Corr

Moving against Conquer Mutual Fund

0.83	BTMPX	Ishares Msci Eafe Potential Growth	Pair Corr
0.83	MDIIX	Blackrock Intern Index Potential Growth	Pair Corr
0.81	BTMKX	Blackrock International	Pair Corr
0.6	ABRIX	Invesco Balanced Risk	Pair Corr
0.54	PAUPX	Pimco All Asset	Pair Corr
0.54	PAUIX	Pimco All Asset	Pair Corr
0.46	PASCX	All Asset Fund	Pair Corr
0.42	PATRX	Pimco All Asset	Pair Corr
0.41	PASAX	All Asset Fund	Pair Corr
0.4	PALPX	Pimco All Asset	Pair Corr
0.39	PAALX	All Asset Fund	Pair Corr
0.39	PAAIX	All Asset Fund	Pair Corr
0.39	PAANX	Pimco All Asset	Pair Corr
0.35	FMFFX	Fs Managed Futures	Pair Corr

Related Correlations Analysis

	CRDBX	CRMVX	CRTOX	CRTBX	PFICX	CMGIX	CNEIX	WMPXX	JGLTX	IIXIX
CRDBX		0.74	0.94	0.89	0.83	0.84	0.94	0.35	0.83	0.88	CRDBX
CRMVX	0.74		0.74	0.86	0.66	0.87	0.77	0.21	0.76	0.74	CRMVX
CRTOX	0.94	0.74		0.92	0.9	0.91	0.97	0.37	0.89	0.95	CRTOX
CRTBX	0.89	0.86	0.92		0.83	0.93	0.88	0.36	0.86	0.88	CRTBX
PFICX	0.83	0.66	0.9	0.83		0.83	0.88	0.62	0.83	0.94	PFICX
CMGIX	0.84	0.87	0.91	0.93	0.83		0.9	0.3	0.92	0.91	CMGIX
CNEIX	0.94	0.77	0.97	0.88	0.88	0.9		0.36	0.9	0.93	CNEIX
WMPXX	0.35	0.21	0.37	0.36	0.62	0.3	0.36		0.36	0.44	WMPXX
JGLTX	0.83	0.76	0.89	0.86	0.83	0.92	0.9	0.36		0.85	JGLTX
IIXIX	0.88	0.74	0.95	0.88	0.94	0.91	0.93	0.44	0.85		IIXIX
	CRDBX	CRMVX	CRTOX	CRTBX	PFICX	CMGIX	CNEIX	WMPXX	JGLTX	IIXIX

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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
PFICX	0.06	0.01	(0.17)	3.36	0.00	(0.23)	0.13	(0.13)	0.76
CMGIX	0.94	0.09	0.07	0.11	1.21	(1.03)	1.98	(1.98)	7.83
CNEIX	0.91	0.22	0.12	1.27	1.26	(0.92)	2.20	(2.05)	6.45
WMPXX	0.03	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.01
JGLTX	0.80	0.08	0.06	0.13	1.19	(0.80)	1.34	(2.61)	5.34
IIXIX	0.10	0.02	(0.10)	0.78	0.00	(0.14)	0.22	(0.22)	0.66

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