Catalystmillburn Correlations
| MBXAX Fund | USD 36.07 0.01 0.03% |
The correlation of Catalystmillburn is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Catalystmillburn moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Catalystmillburn Hedge Strategy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Catalystmillburn Hedge Strategy. Also, note that the market value of any Mutual Fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Catalystmillburn |
The ability to find closely correlated positions to Catalystmillburn could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Catalystmillburn when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Catalystmillburn - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Catalystmillburn Hedge Strategy to buy it.
Moving against Catalystmillburn Mutual Fund
| - | 0.61 | CLTCX | Catalystlyons Tactical | PairCorr | ||
| - | 0.58 | HIIIX | Catalystsmh High Income | PairCorr | ||
| - | 0.56 | CFRIX | Catalystprinceton | PairCorr | ||
| - | 0.56 | CFRAX | Catalystprinceton | PairCorr | ||
| - | 0.54 | CLTIX | Catalystlyons Tactical | PairCorr | ||
| - | 0.54 | CLTAX | Catalystlyons Tactical | PairCorr | ||
| - | 0.51 | HIICX | Catalystsmh High Income | PairCorr | ||
| - | 0.49 | CFRCX | Catalystprinceton | PairCorr | ||
| - | 0.49 | CLPFX | Catalyst Exceed Defined | PairCorr | ||
| - | 0.48 | MLXAX | Catalyst Mlp Infrast | PairCorr | ||
| - | 0.48 | INSAX | Catalyst Insider Buying | PairCorr | ||
| - | 0.48 | INSCX | Catalyst Insider Buying | PairCorr | ||
| - | 0.48 | INSIX | Catalyst Insider Buying | PairCorr | ||
| - | 0.48 | SHIIX | Catalystexceed Defined | PairCorr | ||
| - | 0.48 | SHIEX | Catalystexceed Defined | PairCorr | ||
| - | 0.47 | HIIFX | Catalystsmh High Income | PairCorr | ||
| - | 0.46 | CWXIX | Catalystwarrington | PairCorr | ||
| - | 0.46 | SHINX | Catalystexceed Defined | PairCorr | ||
| - | 0.45 | CWXCX | Catalystwarrington | PairCorr | ||
| - | 0.44 | MLXIX | Catalyst Mlp Infrast | PairCorr |
Related Correlations Analysis
GMAQX | LGFEX | FSKAX | JAGTX | FEMDX | FISRX | KO | DIS | JPM | ||
GMAQX | 0.87 | 0.82 | 0.88 | 0.93 | 0.73 | 0.73 | 0.87 | 0.91 | GMAQX | |
LGFEX | 0.87 | 0.89 | 0.78 | 0.8 | 0.92 | 0.7 | 0.67 | 0.88 | LGFEX | |
FSKAX | 0.82 | 0.89 | 0.9 | 0.77 | 0.86 | 0.69 | 0.74 | 0.83 | FSKAX | |
JAGTX | 0.88 | 0.78 | 0.9 | 0.82 | 0.65 | 0.57 | 0.93 | 0.88 | JAGTX | |
FEMDX | 0.93 | 0.8 | 0.77 | 0.82 | 0.69 | 0.81 | 0.79 | 0.83 | FEMDX | |
FISRX | 0.73 | 0.92 | 0.86 | 0.65 | 0.69 | 0.74 | 0.46 | 0.72 | FISRX | |
KO | 0.73 | 0.7 | 0.69 | 0.57 | 0.81 | 0.74 | 0.49 | 0.55 | KO | |
DIS | 0.87 | 0.67 | 0.74 | 0.93 | 0.79 | 0.46 | 0.49 | 0.85 | DIS | |
JPM | 0.91 | 0.88 | 0.83 | 0.88 | 0.83 | 0.72 | 0.55 | 0.85 | JPM | |
GMAQX | LGFEX | FSKAX | JAGTX | FEMDX | FISRX | KO | DIS | JPM |
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Catalystmillburn Mutual Fund performing well and Catalystmillburn 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 Catalystmillburn'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 | Information Ratio | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| GMAQX | 0.61 | 0.09 | 0.09 | 0.57 | 0.55 | 0.08 | (0.71) | 1.42 | (1.14) | 3.22 | |
| LGFEX | 0.59 | 0.03 | 0.02 | 0.14 | 0.63 | 0.02 | (0.64) | 1.32 | (1.15) | 2.89 | |
| FSKAX | 0.64 | 0.02 | 0.02 | 0.04 | 0.76 | 0.02 | (0.67) | 1.21 | (1.46) | 2.82 | |
| JAGTX | 0.84 | 0.05 | 0.04 | 0.08 | 1.15 | 0.04 | (0.81) | 1.82 | (1.90) | 4.55 | |
| FEMDX | 0.24 | 0.07 | 0.12 | 0.34 | 0.00 | 0.13 | (0.31) | 0.68 | (0.49) | 1.65 | |
| FISRX | 0.36 | 0.02 | (0.01) | 0.13 | 0.35 | (0.01) | (0.66) | 0.96 | (0.94) | 2.40 | |
| KO | 0.70 | 0.01 | 0.00 | 0.05 | 1.15 | 0 | (0.67) | 1.44 | (1.07) | 5.79 | |
| DIS | 1.18 | 0.20 | 0.14 | 0.31 | 1.23 | 0.12 | (1.38) | 2.63 | (2.38) | 9.71 | |
| JPM | 0.72 | 0.13 | 0.12 | 0.17 | 0.86 | 0.13 | (0.78) | 1.54 | (1.36) | 5.54 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Catalystmillburn without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Portfolio Suggestion Now
Portfolio SuggestionGet suggestions outside of your existing asset allocation including your own model portfolios |
| All Next | Launch Module |
Already Invested in Catalystmillburn Hedge Strategy?
The danger of trading Catalystmillburn Hedge Strategy is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Catalystmillburn is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Catalystmillburn. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Catalystmillburn Hedge is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Catalystmillburn Hedge Strategy. Also, note that the market value of any Mutual Fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Catalystmillburn Hedge information on this page should be used as a complementary analysis to other Catalystmillburn's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Catalystmillburn Mutual Fund analysis
When running Catalystmillburn's price analysis, check to measure Catalystmillburn's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Catalystmillburn is operating at the current time. Most of Catalystmillburn's value examination focuses on studying past and present price action to predict the probability of Catalystmillburn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Catalystmillburn's price. Additionally, you may evaluate how the addition of Catalystmillburn to your portfolios can decrease your overall portfolio volatility.
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |