Rational Strategic Correlations

RHSIX Fund

USD 7.64 0.03 0.39%

The current 90-days correlation between Rational Strategic and Calvert Large Cap is -0.03 (i.e., Good diversification). The correlation of Rational Strategic 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 Strategic Correlation With Market

Poor diversification

The correlation between Rational Strategic Allocation and DJI is 0.79 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rational Strategic Allocation 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 Rational Strategic Allocation. 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 RATIONAL Mutual Fund

0.92	RNECX	Rationalrgn Hedged Equity	Pair Corr
0.91	RNEAX	Rationalrgn Hedged Equity	Pair Corr
0.91	RNEIX	Rationalrgn Hedged Equity	Pair Corr
0.77	RDMAX	Rational Dynamic Momentum	Pair Corr
0.76	RDMIX	Rational Dynamic Momentum	Pair Corr
0.78	RDMCX	Rational Dynamic Momentum	Pair Corr
0.95	RHSAX	Rational Strategic Steady Growth	Pair Corr
1.0	RHSCX	Rational Strategic	Pair Corr
0.95	HSUAX	Rational Defensive Growth	Pair Corr
0.95	HSUCX	Rational Defensive Growth	Pair Corr
0.88	HBAFX	Rational Strategic Steady Growth	Pair Corr
0.95	HSUTX	Rational Defensive Growth	Pair Corr
0.8	HDCAX	Rational Dividend Capture	Pair Corr
0.81	HDCEX	Rational Dividend Capture	Pair Corr
0.79	HDCTX	Rational Dividend Capture	Pair Corr
0.83	PBXIX	Rationalpier 88 Conv	Pair Corr
0.86	PBXCX	Rationalpier 88 Conv	Pair Corr
0.84	PBXAX	Rationalpier 88 Conv	Pair Corr
0.97	VSTSX	Vanguard Total Stock	Pair Corr
0.97	VSMPX	Vanguard Total Stock	Pair Corr
0.97	VITSX	Vanguard Total Stock	Pair Corr
0.96	VFFSX	Vanguard 500 Index	Pair Corr
0.9	VFIAX	Vanguard 500 Index	Pair Corr

Moving against RATIONAL Mutual Fund

0.79	RFXIX	Rational Special Sit	Pair Corr
0.78	RFXCX	Rational Special Sit	Pair Corr
0.77	RFXAX	Rational Special Sit	Pair Corr
0.66	HRSTX	Rational Real Strategies	Pair Corr
0.66	HRSAX	Rational Real Strategies	Pair Corr
0.65	HRSFX	Rational Real Strategies	Pair Corr
0.75	MQLCX	Mfs Limited Maturity	Pair Corr
0.7	FIVOX	Fidelity International	Pair Corr
0.61	PDINX	Putnam Diversified Income	Pair Corr
0.5	VTISX	Vanguard Total Inter	Pair Corr
0.5	VTSNX	Vanguard Total Inter	Pair Corr
0.5	VTPSX	Vanguard Total Inter	Pair Corr
0.35	VWINX	Vanguard Wellesley Income	Pair Corr

Related Correlations Analysis

	CMIFX	ENGRX	TRCPX	PCLVX	TACLX	JDVNX	PCPAX	PAVLX
CMIFX		-0.11	0.32	0.65	0.38	-0.33	0.65	0.52	CMIFX
ENGRX	-0.11		0.56	0.38	0.5	0.37	0.38	0.49	ENGRX
TRCPX	0.32	0.56		0.81	0.9	0.55	0.81	0.89	TRCPX
PCLVX	0.65	0.38	0.81		0.84	0.26	1.0	0.97	PCLVX
TACLX	0.38	0.5	0.9	0.84		0.47	0.84	0.9	TACLX
JDVNX	-0.33	0.37	0.55	0.26	0.47		0.26	0.39	JDVNX
PCPAX	0.65	0.38	0.81	1.0	0.84	0.26		0.97	PCPAX
PAVLX	0.52	0.49	0.89	0.97	0.9	0.39	0.97		PAVLX
	CMIFX	ENGRX	TRCPX	PCLVX	TACLX	JDVNX	PCPAX	PAVLX

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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

PCPAX	+ 1.0	PCLVX
PAVLX	+ 0.97	PCLVX
PAVLX	+ 0.97	PCPAX
TACLX	+ 0.9	TRCPX
PAVLX	+ 0.9	TACLX
PAVLX	+ 0.89	TRCPX

High negative correlations

JDVNX	- 0.33	CMIFX
ENGRX	- 0.11	CMIFX

Risk-Adjusted Indicators

There is a big difference between RATIONAL Mutual Fund performing well and Rational Strategic 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 Strategic'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
CMIFX	0.07	0.01	0.10	(0.56)	0.00	(0.12)	0.20	(0.10)	0.41
ENGRX	0.94	0.07	0.03	0.51	1.74	(0.99)	4.31	(3.65)	10.33
TRCPX	0.67	0.02	0.02	(0.12)	0.85	(0.71)	1.27	(1.53)	3.55
PCLVX	0.57	0.09	0.14	0.12	0.53	(0.67)	1.24	(1.16)	3.17
TACLX	0.62	0.03	0.04	0.04	0.74	(0.64)	1.28	(1.14)	3.10
JDVNX	0.81	(0.15)	0.00	(0.19)	0.00	0.00	1.24	(1.63)	10.15
PCPAX	0.57	0.09	0.14	0.12	0.53	(0.69)	1.23	(1.11)	3.20
PAVLX	0.59	0.08	0.13	0.12	0.54	(0.70)	1.30	(1.02)	3.20

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