Rational Dividend Correlations

HDCAX Fund

USD 9.71 0.05 0.52%

The current 90-days correlation between Rational Dividend Capture and Us Government Securities is -0.25 (i.e., Very good diversification). The correlation of Rational Dividend 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.

Rational Dividend Correlation With Market

Very poor diversification

The correlation between Rational Dividend Capture and DJI is 0.8 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rational Dividend Capture 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 Rational Dividend Capture. 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 Rational Mutual Fund

0.78	RFXIX	Rational Special Sit	Pair Corr
0.76	RFXCX	Rational Special Sit	Pair Corr
0.78	RFXAX	Rational Special Sit	Pair Corr
0.9	HRSTX	Rational Real Strategies	Pair Corr
0.89	HRSAX	Rational Real Strategies	Pair Corr
0.9	HRSFX	Rational Real Strategies	Pair Corr
0.81	RHSAX	Rational Strategic	Pair Corr
0.81	RHSIX	Rational Strategic	Pair Corr
0.8	RHSCX	Rational Strategic	Pair Corr
0.97	HSUAX	Rational Defensive Growth	Pair Corr
0.97	HSUCX	Rational Defensive Growth	Pair Corr
0.61	HBAFX	Rational Strategic	Pair Corr
0.97	HSUTX	Rational Defensive Growth	Pair Corr
0.83	IGOAX	Rational Inflation Growth	Pair Corr
0.82	IGOCX	Rational Inflation Growth	Pair Corr
0.83	IGOIX	Rational Inflation Growth	Pair Corr
1.0	HDCEX	Rational Dividend Capture	Pair Corr
1.0	HDCTX	Rational Dividend Capture	Pair Corr
0.95	PBXIX	Rationalpier 88 Conv	Pair Corr
0.95	PBXCX	Rationalpier 88 Conv	Pair Corr
0.95	PBXAX	Rationalpier 88 Conv	Pair Corr
0.98	JHQCX	Jpmorgan Hedged Equity	Pair Corr
0.98	JHEQX	Jpmorgan Hedged Equity	Pair Corr
0.98	JHQAX	Jpmorgan Hedged Equity	Pair Corr
0.97	GTENX	Gateway Fund Class	Pair Corr
0.97	GTECX	Gateway Fund Class	Pair Corr
0.97	GTEYX	Gateway Fund Class	Pair Corr
0.97	GATEX	Gateway Fund Class	Pair Corr
0.97	JHDCX	Jpmorgan Hedged Equity	Pair Corr
0.97	JHDRX	Jpmorgan Hedged Equity	Pair Corr
0.97	JHDAX	Jpmorgan Hedged Equity	Pair Corr
0.97	VTSAX	Vanguard Total Stock	Pair Corr
0.98	VFIAX	Vanguard 500 Index	Pair Corr
0.97	VTSMX	Vanguard Total Stock	Pair Corr
0.97	VSMPX	Vanguard Total Stock	Pair Corr
0.97	VSTSX	Vanguard Total Stock	Pair Corr

Related Correlations Analysis

	CGTCX	BIGLX	PGIQX	UIGSX	USGFX	SMAAX	RGVJX	AIEXX
CGTCX		0.99	0.99	0.99	1.0	0.87	1.0	0.0	CGTCX
BIGLX	0.99		1.0	1.0	0.99	0.89	0.99	0.0	BIGLX
PGIQX	0.99	1.0		1.0	0.99	0.87	0.99	0.0	PGIQX
UIGSX	0.99	1.0	1.0		1.0	0.89	0.99	0.0	UIGSX
USGFX	1.0	0.99	0.99	1.0		0.87	1.0	0.0	USGFX
SMAAX	0.87	0.89	0.87	0.89	0.87		0.87	0.0	SMAAX
RGVJX	1.0	0.99	0.99	0.99	1.0	0.87		0.0	RGVJX
AIEXX	0.0	0.0	0.0	0.0	0.0	0.0	0.0		AIEXX
	CGTCX	BIGLX	PGIQX	UIGSX	USGFX	SMAAX	RGVJX	AIEXX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

USGFX	+ 1.0	CGTCX
RGVJX	+ 1.0	CGTCX
PGIQX	+ 1.0	BIGLX
UIGSX	+ 1.0	BIGLX
UIGSX	+ 1.0	PGIQX
USGFX	+ 1.0	UIGSX

High negative correlations

AIEXX	- 0.0	RGVJX
AIEXX	- 0.0	SMAAX
AIEXX	- 0.0	USGFX
AIEXX	- 0.0	UIGSX
AIEXX	- 0.0	PGIQX
AIEXX	- 0.0	BIGLX

Risk-Adjusted Indicators

There is a big difference between Rational Mutual Fund performing well and Rational Dividend 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 Rational Dividend'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
CGTCX	0.23	(0.02)	0.00	0.47	0.00	0.00	0.34	(0.51)	1.49
BIGLX	0.24	(0.02)	0.00	0.47	0.00	0.00	0.33	(0.55)	1.44
PGIQX	0.24	(0.01)	0.00	0.26	0.00	0.00	0.50	(0.64)	1.41
UIGSX	0.18	(0.01)	0.00	0.31	0.00	0.00	0.34	(0.45)	1.03
USGFX	0.23	(0.02)	0.00	0.41	0.00	0.00	0.34	(0.42)	1.48
SMAAX	0.12	0.00	(0.44)	0.10	0.18	(0.17)	0.20	(0.30)	0.99
RGVJX	0.24	(0.02)	0.00	0.42	0.00	0.00	0.41	(0.51)	1.24
AIEXX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

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