THE GOLD Competition
| QGLDX Fund | USD 23.67 -0.32 -1.33% |
THE GOLD vs PIN OAK Correlation Summary
Very poor diversification
For the present investment horizon, the measured correlation between QGLDX and POGSX stands at 0.83, or Very poor diversification. The cleaner interpretation is to review correlation beside volatility, expected return, and the role each holding plays in the portfolio.
Moving together with THE Mutual Fund
Moving against THE Mutual Fund
The concept of mean reversion suggests that THE GOLD's price will eventually return toward its long-run average. High prices may deter value investors, while unusually low prices often attract buyers who anticipate a recovery.
THE GOLD Competition Correlation Matrix
Correlation analysis between The Gold Bullion and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.
High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between THE Mutual Fund performing well and THE GOLD 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 THE GOLD'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PFJDX | 0.40 | -0.01 | 0.00 | -0.06 | 0.00 | 0.59 | 2.59 | |||
| AVEWX | 0.85 | 0.01 | 0.00 | -0.04 | 0.00 | 1.23 | 5.89 | |||
| HADUX | 0.48 | 0.02 | 0.00 | -0.02 | 0.00 | 0.76 | 3.05 | |||
| HJSIX | 0.79 | 0.13 | 0.11 | 0.17 | 1.16 | 1.93 | 6.30 | |||
| FLOWX | 0.64 | 0.06 | 0.08 | 0.04 | 0.83 | 1.26 | 4.07 | |||
| BUFMX | 0.79 | -0.09 | 0.00 | -0.13 | 0.00 | 1.38 | 5.28 | |||
| NELCX | 0.52 | 0.01 | 0.09 | -0.10 | 0.65 | 0.86 | 4.64 | |||
| WHOSX | 0.55 | -0.02 | 0.00 | -0.34 | 0.00 | 1.09 | 3.59 | |||
| FMIEX | 0.51 | 0.19 | 0.33 | 0.31 | 0.35 | 1.02 | 5.20 | |||
| POGSX | 0.93 | 0.31 | 0.35 | 0.45 | 0.58 | 1.19 | 11.36 |
THE GOLD Competitive Analysis
| Better Than Average | Worse Than Peers | View Performance Chart |
Peer Performance Charts
How to Analyze THE GOLD Against Peers
THE GOLD's peer analysis compares THE GOLD with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether THE GOLD trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where THE GOLD leads or lags and what catalysts could close or widen the gap.