Shelton Tactical Correlations

DEBIX Fund

USD 10.27 0.01 0.1%

The current 90-days correlation between Shelton Tactical Credit and Gamco Natural Resources is 0.09 (i.e., Significant diversification). The correlation of Shelton 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.

Shelton Tactical Correlation With Market

Good diversification

The correlation between Shelton Tactical Credit and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Shelton Tactical Credit and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Shelton Tactical Credit. 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 gross domestic product.

Moving together with Shelton Mutual Fund

0.77	EMSLX	Shelton Emerging Markets	Pair Corr
0.77	EMSQX	Shelton Emerging Markets	Pair Corr
0.64	CFNTX	California Tax Free	Pair Corr
0.87	SISEX	Shelton International	Pair Corr
0.87	SISLX	Shelton International	Pair Corr
1.0	DEBTX	Shelton Tactical Credit	Pair Corr
0.91	CAUKX	Us Government Securities	Pair Corr
0.91	CAUSX	Us Government Securities	Pair Corr
0.94	BSIKX	Blackrock Strategic	Pair Corr
0.94	BSICX	Blackrock Strategic Opps	Pair Corr
0.93	BASIX	Blackrock Strategic Opps	Pair Corr
0.93	BSIIX	Blackrock Strategic	Pair Corr
0.77	JSORX	Jpmorgan Strategic Income	Pair Corr
0.77	JSOZX	Jpmorgan Strategic Income	Pair Corr
0.75	JSOCX	Jpmorgan Strategic Income	Pair Corr
0.78	JSOSX	Jpmorgan Strategic Income	Pair Corr
0.75	JSOAX	Jpmorgan Strategic Income	Pair Corr
0.9	PMZCX	Pimco Mortgage Oppor	Pair Corr
0.67	GAAVX	Gmo Alternative Allo	Pair Corr
0.87	GABFX	Gmo Asset Allocation	Pair Corr
0.91	GHVIX	Gmo High Yield	Pair Corr

Moving against Shelton Mutual Fund

0.59	SMCIX	Sp Smallcap Index	Pair Corr
0.59	SMLKX	Sp Smallcap Index	Pair Corr
0.52	MIDKX	Sp Midcap Index	Pair Corr
0.51	SPMIX	Sp Midcap Index	Pair Corr
0.44	NEXTX	Shelton Green Alpha	Pair Corr
0.43	NEXIX	Shelton Green Alpha	Pair Corr
0.4	NASDX	Nasdaq 100 Index	Pair Corr
0.4	NDXKX	Nasdaq 100 Index	Pair Corr
0.39	NQQQX	Shelton Funds	Pair Corr
0.52	GCAVX	Gmo Small Cap	Pair Corr
0.35	GMCQX	Gmo Equity Allocation	Pair Corr

Related Correlations Analysis

	XGNTX	PEO	TMCLX	FRNRX	VENAX	HNRGX	FIKAX	XEMOX
XGNTX		0.66	0.61	0.61	0.54	0.59	0.4	0.74	XGNTX
PEO	0.66		0.83	0.95	0.96	0.96	0.89	0.84	PEO
TMCLX	0.61	0.83		0.86	0.84	0.86	0.83	0.97	TMCLX
FRNRX	0.61	0.95	0.86		0.97	0.99	0.96	0.85	FRNRX
VENAX	0.54	0.96	0.84	0.97		0.99	0.96	0.82	VENAX
HNRGX	0.59	0.96	0.86	0.99	0.99		0.96	0.84	HNRGX
FIKAX	0.4	0.89	0.83	0.96	0.96	0.96		0.77	FIKAX
XEMOX	0.74	0.84	0.97	0.85	0.82	0.84	0.77		XEMOX
	XGNTX	PEO	TMCLX	FRNRX	VENAX	HNRGX	FIKAX	XEMOX

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Risk-Adjusted Indicators

There is a big difference between Shelton Mutual Fund performing well and Shelton 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 Shelton 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
XGNTX	0.56	0.08	0.13	2.80	0.75	(0.60)	1.26	(1.07)	3.07
PEO	0.86	0.13	0.11	0.25	1.07	(0.79)	1.79	(1.87)	5.71
TMCLX	1.01	0.08	0.08	(1.66)	1.28	(1.10)	1.88	(2.24)	6.34
FRNRX	0.85	0.10	0.09	0.12	1.16	(0.91)	1.72	(1.97)	4.96
VENAX	0.99	0.11	0.08	0.16	1.44	(0.92)	2.08	(2.51)	6.05
HNRGX	0.89	0.12	0.09	0.17	1.31	(0.84)	1.80	(2.30)	5.81
FIKAX	1.01	0.10	0.07	0.12	1.52	(0.97)	1.80	(2.57)	6.59
XEMOX	1.14	0.10	0.08	(1.00)	1.44	(1.22)	2.29	(2.24)	6.66

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