Rational Dividend Correlations
HDCTX Fund | USD 10.26 0.11 1.08% |
The current 90-days correlation between Rational Dividend Capture and Jpmorgan Hedged Equity is 0.9 (i.e., Almost no diversification). The correlation of Rational Dividend 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.
Rational Dividend Correlation With Market
Very poor diversification
The correlation between Rational Dividend Capture and DJI is 0.89 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rational Dividend Capture and DJI in the same portfolio, assuming nothing else is changed.
Rational |
Moving together with Rational Mutual Fund
0.96 | RNECX | Rationalrgn Hedged Equity | PairCorr |
0.96 | RNEAX | Rationalrgn Hedged Equity | PairCorr |
0.96 | RNEIX | Rationalrgn Hedged Equity | PairCorr |
0.77 | RDMAX | Rational Dynamic Momentum | PairCorr |
0.77 | RDMIX | Rational Dynamic Momentum | PairCorr |
0.76 | RDMCX | Rational Dynamic Momentum | PairCorr |
0.74 | RFXIX | Rational Special Sit | PairCorr |
0.7 | RFXCX | Rational Special Sit | PairCorr |
0.74 | RFXAX | Rational Special Sit | PairCorr |
0.91 | HRSTX | Rational Real Strategies | PairCorr |
0.92 | HRSAX | Rational Real Strategies | PairCorr |
0.92 | HRSFX | Rational Real Strategies | PairCorr |
0.94 | RHSAX | Rational Strategic | PairCorr |
0.94 | RHSIX | Rational Strategic | PairCorr |
0.94 | RHSCX | Rational Strategic | PairCorr |
0.97 | HSUAX | Rational Defensive Growth | PairCorr |
0.96 | HSUCX | Rational Defensive Growth | PairCorr |
0.94 | HBAFX | Rational Strategic | PairCorr |
0.97 | HSUTX | Rational Defensive Growth | PairCorr |
1.0 | HDCAX | Rational Dividend Capture | PairCorr |
1.0 | HDCEX | Rational Dividend Capture | PairCorr |
0.88 | PBXIX | Rationalpier 88 Conv | PairCorr |
0.87 | PBXCX | Rationalpier 88 Conv | PairCorr |
0.88 | PBXAX | Rationalpier 88 Conv | PairCorr |
0.98 | JHQCX | Jpmorgan Hedged Equity | PairCorr |
0.98 | JHEQX | Jpmorgan Hedged Equity | PairCorr |
0.98 | JHQAX | Jpmorgan Hedged Equity | PairCorr |
0.98 | GTENX | Gateway Fund Class | PairCorr |
0.98 | GTECX | Gateway Fund Class | PairCorr |
0.98 | GTEYX | Gateway Fund Class | PairCorr |
0.98 | GATEX | Gateway Fund Class | PairCorr |
0.97 | JHDCX | Jpmorgan Hedged Equity | PairCorr |
0.97 | JHDRX | Jpmorgan Hedged Equity | PairCorr |
0.97 | JHDAX | Jpmorgan Hedged Equity | PairCorr |
0.8 | PFN | Pimco Income Strategy | PairCorr |
0.83 | CIF | Mfs Intermediate High | PairCorr |
Moving against Rational Mutual Fund
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Rational Mutual Fund performing well and Rational Dividend 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 Rational Dividend'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
JHQCX | 0.54 | 0.02 | (0.02) | 0.14 | 0.85 | 1.19 | 7.28 | |||
JHEQX | 0.54 | 0.03 | (0.01) | 0.15 | 0.87 | 1.14 | 7.24 | |||
JHQAX | 0.54 | 0.03 | (0.01) | 0.15 | 0.88 | 1.18 | 7.29 | |||
GTENX | 0.55 | 0.02 | (0.01) | 0.14 | 0.95 | 1.02 | 8.38 | |||
GTECX | 0.55 | 0.02 | (0.02) | 0.13 | 0.95 | 1.01 | 8.41 | |||
GTEYX | 0.55 | 0.02 | (0.01) | 0.14 | 0.94 | 1.01 | 8.40 | |||
GATEX | 0.55 | 0.02 | (0.01) | 0.14 | 0.93 | 1.00 | 8.34 | |||
JHDCX | 0.33 | 0.02 | (0.07) | 0.16 | 0.49 | 0.73 | 4.29 | |||
JHDRX | 0.33 | 0.03 | (0.06) | 0.18 | 0.45 | 0.72 | 4.27 | |||
JHDAX | 0.33 | 0.02 | (0.06) | 0.17 | 0.48 | 0.67 | 4.28 |