Quantitative Correlations

GQLVX Fund

USD 15.01 0.01 0.07%

The current 90-days correlation between Quantitative U S and Siit High Yield is 0.36 (i.e., Weak diversification). The correlation of Quantitative 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.

Quantitative Correlation With Market

Very poor diversification

The correlation between Quantitative U S and DJI is 0.87 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Quantitative U S and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Quantitative U S. 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 real.

Moving together with Quantitative Mutual Fund

0.91	NOVIX	Glenmede International	Pair Corr
0.95	GEQIX	Equity Income Portfolio	Pair Corr
0.98	GWILX	Woman In Leadership	Pair Corr
0.99	RESGX	Responsible Esg Equity	Pair Corr
0.91	GLSOX	Secured Options Portfolio	Pair Corr
0.92	GQSCX	Quantitative U S	Pair Corr
0.86	GTAPX	Long/short Portfolio	Pair Corr
0.93	GTCEX	Strategic Equity Por	Pair Corr
0.93	GTCSX	Small Cap Equity	Pair Corr
0.96	GTILX	Large Cap Growth	Pair Corr
0.99	GTLIX	Large Cap Core	Pair Corr
0.96	GTLLX	Large Cap Growth	Pair Corr
0.99	GTLOX	Large Cap E	Pair Corr
0.86	GTLSX	Quantitative Longshort	Pair Corr
0.9	GTSOX	Secured Options Portfolio	Pair Corr
0.93	GTSCX	Small Cap Equity	Pair Corr
0.96	GTTMX	Total Market Portfolio	Pair Corr
0.98	VVIAX	Vanguard Value Index	Pair Corr
0.96	DOXGX	Dodge Cox Stock	Pair Corr
0.9	AFMFX	American Mutual	Pair Corr
0.9	FFMMX	American Funds American	Pair Corr
0.9	FFFMX	American Funds American	Pair Corr
0.9	AMRMX	American Mutual	Pair Corr
0.9	AMFFX	American Mutual	Pair Corr
0.9	AMFCX	American Mutual	Pair Corr
0.96	DODGX	Dodge Stock Fund	Pair Corr
0.98	VIVAX	Vanguard Value Index	Pair Corr
0.87	KMKCX	Kinetics Market Oppo	Pair Corr
0.89	KSCYX	Kinetics Small Cap	Pair Corr
0.87	WWNPX	Kinetics Paradigm	Pair Corr
0.87	KNPCX	Kinetics Paradigm	Pair Corr
0.87	KNPAX	Kinetics Paradigm Steady Growth	Pair Corr
0.89	KSOCX	Kinetics Small Cap Steady Growth	Pair Corr
0.86	KINCX	Kinetics Internet	Pair Corr
0.89	KSCOX	Kinetics Small Cap Steady Growth	Pair Corr
0.88	LSHUX	Horizon Spin Off Steady Growth	Pair Corr

Moving against Quantitative Mutual Fund

0.56

GTCIX

International Portfolio

Pair Corr

Related Correlations Analysis

	SGYAX	NMHYX	HYSZX	DAHYX	PYICX	MFHVX
SGYAX		0.86	0.85	0.81	0.83	0.89	SGYAX
NMHYX	0.86		0.92	0.92	0.93	0.87	NMHYX
HYSZX	0.85	0.92		0.84	0.95	0.74	HYSZX
DAHYX	0.81	0.92	0.84		0.92	0.89	DAHYX
PYICX	0.83	0.93	0.95	0.92		0.78	PYICX
MFHVX	0.89	0.87	0.74	0.89	0.78		MFHVX
	SGYAX	NMHYX	HYSZX	DAHYX	PYICX	MFHVX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Quantitative Mutual Fund performing well and Quantitative 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 Quantitative'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	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
SGYAX	0.14	0.02	(0.47)	0.44	(0.25)	0.28	(0.14)	1.28
NMHYX	0.09	0.00	(0.66)	0.16	(0.16)	0.24	(0.23)	0.47
HYSZX	0.10	0.01	(0.64)	0.35	(0.20)	0.24	(0.24)	0.72
DAHYX	0.11	0.01	(0.62)	0.28	(0.15)	0.23	(0.23)	0.57
PYICX	0.11	0.01	(0.59)	0.21	(0.17)	0.22	(0.22)	0.78
MFHVX	0.11	0.00	(0.46)	0.15	(0.16)	0.24	(0.12)	0.71

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC