Catalyst/map Global Correlations

TRXAX Fund

USD 11.68 0.03 0.26%

The current 90-days correlation between Catalyst/map Global and Fznopx is 0.62 (i.e., Poor diversification). The correlation of Catalyst/map Global 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/map Global Correlation With Market

Poor diversification

The correlation between Catalystmap Global Balanced and DJI is 0.61 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Catalystmap Global Balanced 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 Catalystmap Global Balanced. 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 nation.

Moving together with Catalyst/map Mutual Fund

0.69	CWXIX	Catalyst/warrington	Pair Corr
0.61	CWXCX	Catalyst/warrington	Pair Corr
0.64	CWXAX	Catalyst/warrington	Pair Corr
0.66	CFHCX	Catalyst Hedged Modity	Pair Corr
0.66	CFHAX	Catalyst Hedged Modity	Pair Corr
0.66	CFHIX	Catalyst Hedged Modity	Pair Corr
0.74	DCXIX	Catalystmillburn Dyn	Pair Corr
0.67	DCXCX	Catalystmillburn Dyn	Pair Corr

Moving against Catalyst/map Mutual Fund

0.62	MBXAX	Catalystmillburn Hedge	Pair Corr
0.56	ATRFX	Catalyst Intelligent	Pair Corr
0.56	ATRCX	Catalyst Intelligent	Pair Corr
0.56	ATRAX	Catalyst Intelligent	Pair Corr
0.41	CLPCX	Catalyst Exceed Defined	Pair Corr
0.4	CLPFX	Catalyst Exceed Defined	Pair Corr
0.39	CLPAX	Catalyst Exceed Defined	Pair Corr
0.64	MBXCX	Catalystmillburn Hedge	Pair Corr
0.63	MBXFX	Catalystmillburn Hedge	Pair Corr
0.62	MBXIX	Catalystmillburn Hedge	Pair Corr
0.61	CPECX	Catalyst Dynamic Alpha	Pair Corr
0.61	CPEAX	Catalyst Dynamic Alpha	Pair Corr
0.61	CPEIX	Catalyst Dynamic Alpha	Pair Corr
0.44	CASIX	Catalyst/aspect Enhanced	Pair Corr

Related Correlations Analysis

	FZNOPX	TBLDX	PRVBX	WRLDX	FMFTX	FLAKQX	JTSQX
FZNOPX		0.42	-0.31	0.08	0.47	0.42	0.74	FZNOPX
TBLDX	0.42		0.48	0.88	0.51	0.79	0.81	TBLDX
PRVBX	-0.31	0.48		0.78	-0.12	0.06	0.12	PRVBX
WRLDX	0.08	0.88	0.78		0.26	0.57	0.58	WRLDX
FMFTX	0.47	0.51	-0.12	0.26		0.67	0.51	FMFTX
FLAKQX	0.42	0.79	0.06	0.57	0.67		0.74	FLAKQX
JTSQX	0.74	0.81	0.12	0.58	0.51	0.74		JTSQX
	FZNOPX	TBLDX	PRVBX	WRLDX	FMFTX	FLAKQX	JTSQX

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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

WRLDX	+ 0.88	TBLDX
JTSQX	+ 0.81	TBLDX
FLAKQX	+ 0.79	TBLDX
WRLDX	+ 0.78	PRVBX
JTSQX	+ 0.74	FZNOPX
JTSQX	+ 0.74	FLAKQX

High negative correlations

PRVBX	- 0.31	FZNOPX
FMFTX	- 0.12	PRVBX

Risk-Adjusted Indicators

There is a big difference between Catalyst/map Mutual Fund performing well and Catalyst/map Global 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/map Global'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
FZNOPX	0.75	0.01	0.01	0.01	0.83	(0.87)	1.55	(1.59)	3.75
TBLDX	0.38	0.00	0.00	0.03	0.54	(0.36)	0.70	(0.80)	2.12
PRVBX	0.10	0.01	0.11	(0.48)	0.00	(0.13)	0.23	(0.17)	0.53
WRLDX	0.59	0.05	0.07	(0.30)	0.76	(0.59)	1.24	(1.46)	2.96
FMFTX	0.91	(0.12)	0.00	(4.54)	0.00	0.00	1.43	(2.17)	8.22
FLAKQX	0.84	0.03	0.03	0.24	1.10	(0.94)	1.74	(1.84)	4.80
JTSQX	0.63	0.01	0.01	0.01	0.85	(0.59)	1.22	(1.27)	3.69

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