Catalyst/map Global Correlations

TRXIX Fund  USD 11.81  0.02  0.17%   
The current 90-days correlation between Catalyst/map Global and Goldman Sachs Technology is 0.09 (i.e., Significant 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

Very weak diversification

The correlation between Catalystmap Global Balanced and DJI is 0.5 (i.e., Very weak 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 gross domestic product.

Moving against Catalyst/map Mutual Fund

  0.43MLXCX Catalyst Mlp InfrastPairCorr
  0.43MLXAX Catalyst Mlp InfrastPairCorr
  0.43MLXIX Catalyst Mlp InfrastPairCorr
  0.38CFRCX Catalyst/princetonPairCorr
  0.34CFRIX Catalyst/princetonPairCorr
  0.34CFRAX Catalyst/princetonPairCorr
  0.35IIXAX Catalyst Insider IncomePairCorr
  0.34IIXIX Catalyst Insider IncomePairCorr
  0.32IIXCX Catalyst Insider IncomePairCorr

Related Correlations Analysis

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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   
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DTEYXDRGTX
DRGTXGISTX
DTEYXGISTX
GITAXDRGTX
DTEYXGITAX
  
High negative correlations   
RYCFXGITAX
RYCFXGISTX
DTEYXRYCFX
RYCFXDRGTX
RYCFXHTECX

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.