Quantified Stf Correlations

QSTFX Fund

USD 17.81 0.31 1.77%

The current 90-days correlation between Quantified Stf and Columbia Income Opportunities is 0.27 (i.e., Modest diversification). The correlation of Quantified Stf 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 Stf Correlation With Market

Poor diversification

The correlation between Quantified Stf Fund and DJI is 0.6 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Quantified Stf Fund 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 Stf Fund. 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 census.

Moving together with Quantified Mutual Fund

0.72	SAPEX	Spectrum Advisors	Pair Corr
0.63	SFHYX	Hundredfold Select	Pair Corr
0.65	QRDTX	Quantified Rising	Pair Corr
1.0	QSTAX	Quantified Stf	Pair Corr
0.77	QEVOX	Quantified Evolution Plus	Pair Corr
0.64	QGLDX	Gold Bullion	Pair Corr
0.64	QGLCX	Gold Bullion	Pair Corr

Moving against Quantified Mutual Fund

0.42	QBDAX	Quantified Managed Income	Pair Corr
0.4	QBDSX	Quantified Managed Income	Pair Corr
0.41	FMFFX	Fs Managed Futures	Pair Corr
0.38	PAUPX	Pimco All Asset	Pair Corr
0.35	PAUIX	Pimco All Asset	Pair Corr

Related Correlations Analysis

	CEPRX	EFECX	EFEAX	BIGCX	ATFYX
CEPRX		0.02	0.02	0.2	0.74	CEPRX
EFECX	0.02		1.0	0.76	0.07	EFECX
EFEAX	0.02	1.0		0.74	0.06	EFEAX
BIGCX	0.2	0.76	0.74		0.48	BIGCX
ATFYX	0.74	0.07	0.06	0.48		ATFYX
	CEPRX	EFECX	EFEAX	BIGCX	ATFYX

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Risk-Adjusted Indicators

There is a big difference between Quantified Mutual Fund performing well and Quantified Stf 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 Stf'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
CEPRX	0.11	0.00	(0.64)	0.09	(0.19)	0.23	(0.23)	0.91
EFECX	0.32	(0.07)	0.00	(0.25)	0.00	0.78	(0.69)	1.88
EFEAX	0.33	(0.07)	0.00	(0.25)	0.00	0.75	(0.75)	1.98
BIGCX	0.24	(0.02)	0.00	0.58	0.00	0.43	(0.66)	1.66
ATFYX	0.08	0.01	(0.56)	(0.07)	(0.14)	0.27	(0.18)	0.82

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