Hundredfold Select Correlations

SFHYX Fund

USD 22.18 0.03 0.14%

The current 90-days correlation between Hundredfold Select and Us Government Plus is 0.17 (i.e., Average diversification). The correlation of Hundredfold Select 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.

Hundredfold Select Correlation With Market

Very weak diversification

The correlation between Hundredfold Select Alternative and DJI is 0.58 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hundredfold Select Alternative and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Hundredfold Select Alternative. 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 manufacturing.

Moving together with Hundredfold Mutual Fund

0.81	OTRFX	Ontrack E Fund	Pair Corr
0.8	OTRGX	Ontrack E Fund	Pair Corr
0.77	SUNBX	Spectrum Unconstrained	Pair Corr
0.84	SVARX	Spectrum Low Volatility	Pair Corr
0.61	QBDAX	Quantified Managed Income	Pair Corr
0.62	QBDSX	Quantified Managed Income	Pair Corr
0.65	QEVOX	Quantified Evolution Plus	Pair Corr
0.78	KAMAX	Kensington Managed Income	Pair Corr
0.73	KAMCX	Kensington Managed Income	Pair Corr
0.75	KAMIX	Kensington Managed Income	Pair Corr
0.76	PAALX	All Asset Fund	Pair Corr
0.76	PATRX	Pimco All Asset	Pair Corr
0.75	PAAIX	All Asset Fund	Pair Corr
0.76	PALPX	Pimco All Asset	Pair Corr
0.76	PASAX	All Asset Fund	Pair Corr
0.76	PASCX	All Asset Fund	Pair Corr
0.76	PAANX	Pimco All Asset	Pair Corr
0.71	PAUPX	Pimco All Asset	Pair Corr
0.72	PAUIX	Pimco All Asset	Pair Corr
0.71	ABRIX	Invesco Balanced Risk	Pair Corr
0.72	LIIAX	Columbia Porate Income	Pair Corr
0.72	SRINX	Columbia Porate Income	Pair Corr

Moving against Hundredfold Mutual Fund

0.5

QETCX

Quantified Eckhardt

Pair Corr

Related Correlations Analysis

	GVPIX	HCSBX	RGVAX	HHMYX	LCPMX	MSTPX	LTXFX
GVPIX		0.77	0.94	0.79	0.64	0.72	0.84	GVPIX
HCSBX	0.77		0.7	0.81	0.8	0.89	0.83	HCSBX
RGVAX	0.94	0.7		0.76	0.62	0.68	0.86	RGVAX
HHMYX	0.79	0.81	0.76		0.91	0.92	0.98	HHMYX
LCPMX	0.64	0.8	0.62	0.91		0.94	0.89	LCPMX
MSTPX	0.72	0.89	0.68	0.92	0.94		0.9	MSTPX
LTXFX	0.84	0.83	0.86	0.98	0.89	0.9		LTXFX
	GVPIX	HCSBX	RGVAX	HHMYX	LCPMX	MSTPX	LTXFX

Click cells to compare fundamentals

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Risk-Adjusted Indicators

There is a big difference between Hundredfold Mutual Fund performing well and Hundredfold Select 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 Hundredfold Select'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
GVPIX	0.75	0.01	0.04	0.07	0.81	(0.84)	1.96	(1.36)	3.76
HCSBX	0.05	(0.02)	0.00	1.02	0.00	0.00	0.10	(0.21)	0.42
RGVAX	0.24	0.03	0.18	0.91	0.17	(0.31)	0.60	(0.43)	1.56
HHMYX	0.13	(0.01)	0.08	(0.14)	0.15	(0.19)	0.36	(0.36)	0.85
LCPMX	0.17	(0.02)	0.00	0.92	0.00	0.00	0.34	(0.45)	1.14
MSTPX	0.14	(0.01)	0.00	0.65	0.00	0.00	0.20	(0.30)	0.91
LTXFX	0.10	0.00	0.15	0.00	0.06	(0.14)	0.26	(0.20)	0.65

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