Hundredfold Select Correlations

SFHYX Fund

USD 22.36 0.01 0.04%

The current 90-days correlation between Hundredfold Select and Inverse Government Long is -0.07 (i.e., Good 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

Weak diversification

The correlation between Hundredfold Select Alternative and DJI is 0.37 (i.e., 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

0.78	SAPEX	Spectrum Advisors	Pair Corr
0.9	OTRFX	Ontrack E Fund	Pair Corr
0.89	OTRGX	Ontrack E Fund	Pair Corr
0.67	QMLAX	Quantified Market Leaders Potential Growth	Pair Corr
0.67	QMLFX	Quantified Market Leaders	Pair Corr
0.82	QRDTX	Quantified Rising	Pair Corr
0.84	QALAX	Quantified Alternative	Pair Corr
0.83	QALTX	Quantified Alternative	Pair Corr
0.73	QSPMX	Quantified Pattern	Pair Corr
0.93	QBDAX	Quantified Managed Income	Pair Corr
0.93	QBDSX	Quantified Managed Income	Pair Corr
0.69	QTSSX	Quantified Tactical	Pair Corr
0.83	QCGDX	Quantified Common Ground	Pair Corr
0.77	QFITX	Quantified Tactical Fixed	Pair Corr
0.8	QGITX	Quantified Government	Pair Corr
0.74	PAALX	All Asset Fund	Pair Corr
0.74	PATRX	Pimco All Asset	Pair Corr
0.73	PAAIX	All Asset Fund	Pair Corr
0.73	PALPX	Pimco All Asset	Pair Corr
0.73	PASAX	All Asset Fund	Pair Corr
0.76	PASCX	All Asset Fund	Pair Corr
0.73	PAANX	Pimco All Asset	Pair Corr
0.75	PAUPX	Pimco All Asset	Pair Corr
0.74	PAUIX	Pimco All Asset	Pair Corr
0.61	ABRIX	Invesco Balanced Risk	Pair Corr

Related Correlations Analysis

	RYAQX	FCSCX	UIGSX	DNCGX	UGSFX	JGIFX	RGVJX
RYAQX		0.32	-0.67	-0.71	-0.64	-0.86	-0.61	RYAQX
FCSCX	0.32		0.45	0.34	0.44	0.18	0.48	FCSCX
UIGSX	-0.67	0.45		0.91	0.92	0.95	0.92	UIGSX
DNCGX	-0.71	0.34	0.91		0.98	0.89	0.97	DNCGX
UGSFX	-0.64	0.44	0.92	0.98		0.88	1.0	UGSFX
JGIFX	-0.86	0.18	0.95	0.89	0.88		0.86	JGIFX
RGVJX	-0.61	0.48	0.92	0.97	1.0	0.86		RGVJX
	RYAQX	FCSCX	UIGSX	DNCGX	UGSFX	JGIFX	RGVJX

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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

RGVJX	+ 1.0	UGSFX
UGSFX	+ 0.98	DNCGX
RGVJX	+ 0.97	DNCGX
JGIFX	+ 0.95	UIGSX
UGSFX	+ 0.92	UIGSX
RGVJX	+ 0.92	UIGSX

High negative correlations

JGIFX	- 0.86	RYAQX
DNCGX	- 0.71	RYAQX
UIGSX	- 0.67	RYAQX
UGSFX	- 0.64	RYAQX
RGVJX	- 0.61	RYAQX

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
RYAQX	0.64	0.00	0.02	(0.05)	0.91	(0.62)	1.21	(1.61)	3.22
FCSCX	0.06	0.01	0.26	1.14	0.00	(0.20)	0.13	(0.13)	0.67
UIGSX	0.21	0.02	0.17	(0.32)	0.13	(0.28)	0.57	(0.35)	1.26
DNCGX	0.22	0.02	0.16	0.32	0.16	(0.26)	0.48	(0.40)	1.21
UGSFX	0.26	0.04	0.17	0.34	0.19	(0.32)	0.60	(0.42)	1.63
JGIFX	0.24	0.01	0.11	(0.25)	0.23	(0.28)	0.52	(0.52)	1.43
RGVJX	0.25	0.04	0.17	0.34	0.19	(0.32)	0.60	(0.42)	1.63

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