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.
Hundredfold |
Moving together with Hundredfold Mutual Fund
0.81 | OTRFX | Ontrack E Fund | PairCorr |
0.8 | OTRGX | Ontrack E Fund | PairCorr |
0.77 | SUNBX | Spectrum Unconstrained | PairCorr |
0.84 | SVARX | Spectrum Low Volatility | PairCorr |
0.61 | QBDAX | Quantified Managed Income | PairCorr |
0.62 | QBDSX | Quantified Managed Income | PairCorr |
0.65 | QEVOX | Quantified Evolution Plus | PairCorr |
0.78 | KAMAX | Kensington Managed Income | PairCorr |
0.73 | KAMCX | Kensington Managed Income | PairCorr |
0.75 | KAMIX | Kensington Managed Income | PairCorr |
0.76 | PAALX | All Asset Fund | PairCorr |
0.76 | PATRX | Pimco All Asset | PairCorr |
0.75 | PAAIX | All Asset Fund | PairCorr |
0.76 | PALPX | Pimco All Asset | PairCorr |
0.76 | PASAX | All Asset Fund | PairCorr |
0.76 | PASCX | All Asset Fund | PairCorr |
0.76 | PAANX | Pimco All Asset | PairCorr |
0.71 | PAUPX | Pimco All Asset | PairCorr |
0.72 | PAUIX | Pimco All Asset | PairCorr |
0.71 | ABRIX | Invesco Balanced Risk | PairCorr |
0.72 | LIIAX | Columbia Porate Income | PairCorr |
0.72 | SRINX | Columbia Porate Income | PairCorr |
Moving against Hundredfold Mutual Fund
Related Correlations Analysis
0.77 | 0.94 | 0.79 | 0.64 | 0.72 | 0.84 | GVPIX | ||
0.77 | 0.7 | 0.81 | 0.8 | 0.89 | 0.83 | HCSBX | ||
0.94 | 0.7 | 0.76 | 0.62 | 0.68 | 0.86 | RGVAX | ||
0.79 | 0.81 | 0.76 | 0.91 | 0.92 | 0.98 | HHMYX | ||
0.64 | 0.8 | 0.62 | 0.91 | 0.94 | 0.89 | LCPMX | ||
0.72 | 0.89 | 0.68 | 0.92 | 0.94 | 0.9 | MSTPX | ||
0.84 | 0.83 | 0.86 | 0.98 | 0.89 | 0.9 | LTXFX | ||
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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 | 1.96 | 3.76 | |||
HCSBX | 0.05 | (0.02) | 0.00 | 1.02 | 0.00 | 0.10 | 0.42 | |||
RGVAX | 0.24 | 0.03 | 0.18 | 0.91 | 0.17 | 0.60 | 1.56 | |||
HHMYX | 0.13 | (0.01) | 0.08 | (0.14) | 0.15 | 0.36 | 0.85 | |||
LCPMX | 0.17 | (0.02) | 0.00 | 0.92 | 0.00 | 0.34 | 1.14 | |||
MSTPX | 0.14 | (0.01) | 0.00 | 0.65 | 0.00 | 0.20 | 0.91 | |||
LTXFX | 0.10 | 0.00 | 0.15 | 0.00 | 0.06 | 0.26 | 0.65 |