Catalyst/exceed Defined Correlations

Mutual Funds . USA . 
Fund . Catalystexceed Defined Shield
SHIIX Fund  USD 9.97  0.01  0.10%   
The current 90-days correlation between Catalyst/exceed Defined and Catalystmillburn Hedge Strategy is 0.56 (i.e., Very weak diversification). The correlation of Catalyst/exceed Defined 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.

Catalyst/exceed Defined Correlation With Market

Poor diversification

The correlation between Catalystexceed Defined Shield and DJI is 0.75 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Catalystexceed Defined Shield 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 Catalystexceed Defined Shield. 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 Catalyst/exceed Mutual Fund

  0.92HIICX Catalystsmh High IncomePairCorr
  0.88HIIFX Catalystsmh High IncomePairCorr
  0.81HIIIX Catalystsmh High IncomePairCorr
  0.74INSAX Catalyst Insider BuyingPairCorr
  0.74INSCX Catalyst Insider BuyingPairCorr
  0.74INSIX Catalyst Insider BuyingPairCorr
  0.84ATRFX Catalyst IntelligentPairCorr
  0.85ATRCX Catalyst IntelligentPairCorr
  0.84ATRAX Catalyst IntelligentPairCorr
  1.0SHIEX Catalyst/exceed DefinedPairCorr
  1.0SHINX Catalyst/exceed DefinedPairCorr
  0.91CLPCX Catalyst Exceed DefinedPairCorr
  0.92CLPAX Catalyst Exceed DefinedPairCorr
  0.92CLPFX Catalyst Exceed DefinedPairCorr
  0.92CLTIX Catalyst/lyons TacticalPairCorr
  0.92CLTCX Catalyst/lyons TacticalPairCorr
  0.82CLTAX Catalyst/lyons TacticalPairCorr
  0.68MBXAX Catalystmillburn HedgePairCorr
  0.68MBXFX Catalystmillburn HedgePairCorr
  0.68MBXCX Catalystmillburn HedgePairCorr
  0.68MBXIX Catalystmillburn HedgePairCorr
  0.82CPECX Catalyst Dynamic AlphaPairCorr
  0.82CPEAX Catalyst Dynamic AlphaPairCorr
  0.82CPEIX Catalyst Dynamic AlphaPairCorr

Moving against Catalyst/exceed Mutual Fund

  0.78CWXAX Catalyst/warringtonPairCorr
  0.77CWXIX Catalyst/warringtonPairCorr
  0.72CWXCX Catalyst/warringtonPairCorr
  0.75EIXAX Catalyst Enhanced IncomePairCorr
  0.74EIXIX Catalyst Enhanced IncomePairCorr
  0.64EIXCX Catalyst Enhanced IncomePairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Catalyst/exceed Mutual Fund performing well and Catalyst/exceed Defined 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 Catalyst/exceed Defined'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.

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