Quantified Managed Correlations

QBDSX Fund

USD 8.02 0.03 0.37%

The current 90-days correlation between Quantified Managed Income and Aqr Equity Market is -0.03 (i.e., Good diversification). The correlation of Quantified Managed 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.

Quantified Managed Correlation With Market

Weak diversification

The correlation between Quantified Managed Income and DJI is 0.35 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Quantified Managed Income and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quantified Managed Income. 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 state.

Moving together with Quantified Mutual Fund

0.61	OTRFX	Ontrack E Fund	Pair Corr
0.88	SVARX	Spectrum Low Volatility	Pair Corr
0.67	SFHYX	Hundredfold Select	Pair Corr
1.0	QBDAX	Quantified Managed Income	Pair Corr
0.81	QEVOX	Quantified Evolution Plus	Pair Corr
0.72	QGITX	Quantified Government	Pair Corr
0.81	QGLDX	Gold Bullion	Pair Corr
0.8	QGLCX	Gold Bullion	Pair Corr
0.72	KAMAX	Kensington Managed Income	Pair Corr
0.68	KAMCX	Kensington Managed Income	Pair Corr
0.74	KAMIX	Kensington Managed Income	Pair Corr
0.73	FASIX	Fidelity Asset Manager	Pair Corr
0.73	FTIWX	Fidelity Asset Manager	Pair Corr
0.75	FTDWX	Fidelity Asset Manager	Pair Corr
0.77	FTAWX	Fidelity Asset Manager	Pair Corr
0.77	FIKVX	Fidelity Asset Manager	Pair Corr
0.73	FTCWX	Fidelity Asset Manager	Pair Corr
0.76	PFIPX	Strategic Asset Mana	Pair Corr
0.69	FSMMX	Fs Multi Strategy	Pair Corr
0.91	BTMPX	Ishares Msci Eafe	Pair Corr
0.9	BTMKX	Blackrock International	Pair Corr
0.9	MDIIX	Blackrock Intern Index	Pair Corr

Moving against Quantified Mutual Fund

0.71	QSTFX	Quantified Stf	Pair Corr
0.71	QSTAX	Quantified Stf	Pair Corr
0.66	QMLAX	Quantified Market Leaders	Pair Corr
0.65	QMLFX	Quantified Market Leaders	Pair Corr
0.64	QETCX	Quantified Eckhardt	Pair Corr
0.56	QTSSX	Quantified Tactical	Pair Corr
0.46	SAPEX	Spectrum Advisors	Pair Corr
0.4	QSPMX	Quantified Pattern	Pair Corr
0.33	QCGDX	Quantified Common Ground	Pair Corr

Related Correlations Analysis

	QMNIX	JGECX	PEIRX	DDCFX	TOIIX	QLENX
QMNIX		0.11	0.56	0.88	0.96	0.97	QMNIX
JGECX	0.11		0.72	0.22	0.15	0.22	JGECX
PEIRX	0.56	0.72		0.63	0.65	0.59	PEIRX
DDCFX	0.88	0.22	0.63		0.92	0.83	DDCFX
TOIIX	0.96	0.15	0.65	0.92		0.92	TOIIX
QLENX	0.97	0.22	0.59	0.83	0.92		QLENX
	QMNIX	JGECX	PEIRX	DDCFX	TOIIX	QLENX

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Risk-Adjusted Indicators

There is a big difference between Quantified Mutual Fund performing well and Quantified Managed 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 Quantified Managed'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
QMNIX	0.29	0.15	0.38	1.03	0.00	(0.41)	0.68	(0.39)	1.97
JGECX	0.77	(0.15)	0.00	(0.20)	0.00	0.00	1.18	(1.62)	10.42
PEIRX	0.80	(0.06)	0.00	(0.14)	0.00	0.00	1.57	(1.66)	9.14
DDCFX	0.21	0.01	0.04	(0.24)	0.15	(0.28)	0.54	(0.43)	1.22
TOIIX	0.64	0.20	0.23	0.40	0.55	(0.71)	1.51	(1.47)	5.44
QLENX	0.43	0.13	0.21	0.32	0.39	(0.48)	0.81	(0.65)	3.11

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