MULTIFACTOR Correlations

RTDAX Fund

USD 12.43 -0.19 -1.51%

Current 90-days correlation between Multifactor Equity and Calamos Market Neutral is -0.14 (i.e., Good diversification).The correlation of MULTIFACTOR 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.

Correlation Against Market - MULTIFACTOR

Modest diversification

Across the chosen horizon, RTDAX and DJI show a correlation of 0.28 and fall into the Modest diversification bucket. Used correctly, the chart supports evaluation of whether adding the second position genuinely diversifies the first.

For portfolio construction context, review Your Equity Center. Diversification context helps frame allocation across holdings. The construction of a diversified portfolio involves managing position exposure. The dataset is presented as structured reference material for independent review. The allocation shows a weighting toward Multifactor Equity Fund. The weighting is visible within the allocation breakdown. The sizing of each position reflects the overall allocation strategy. 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 MULTIFACTOR Mutual Fund

0.64	RNTTX	International Developed	Pair Corr
0.69	RALVX	Growth Strategy	Pair Corr
0.64	RBLVX	Balanced Strategy	Pair Corr
1.0	RTDSX	Select Equity	Pair Corr
1.0	RTDRX	Select Equity	Pair Corr
1.0	RTDTX	Select Equity	Pair Corr

Related Correlations Analysis

	EMRSX	LOTCX	EDD	FSAMX	VMNIX	MDBRX	EMSLX	CVSOX
EMRSX		0.66	0.83	1.0	0.37	0.9	0.99	0.9	EMRSX
LOTCX	0.66		0.23	0.67	0.71	0.61	0.64	0.82	LOTCX
EDD	0.83	0.23		0.82	0.07	0.77	0.84	0.6	EDD
FSAMX	1.0	0.67	0.82		0.36	0.89	0.99	0.89	FSAMX
VMNIX	0.37	0.71	0.07	0.36		0.47	0.37	0.49	VMNIX
MDBRX	0.9	0.61	0.77	0.89	0.47		0.9	0.86	MDBRX
EMSLX	0.99	0.64	0.84	0.99	0.37	0.9		0.87	EMSLX
CVSOX	0.9	0.82	0.6	0.89	0.49	0.86	0.87		CVSOX
	EMRSX	LOTCX	EDD	FSAMX	VMNIX	MDBRX	EMSLX	CVSOX

Risk-Adjusted Indicators

There is a big difference between MULTIFACTOR Mutual Fund performing well and MULTIFACTOR 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 MULTIFACTOR'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
EMRSX	0.93	0.19	0.13	0.09	1.38	-0.93	2.03	-2.02	7.51
LOTCX	0.69	0.26	0.30	0.40	0.73	-0.74	1.55	-1.34	4.19
EDD	0.74	0.03	0.00	-0.04	0.00	0.00	1.33	-1.81	5.61
FSAMX	0.87	0.23	0.16	0.14	1.21	-0.92	1.98	-1.79	6.98
VMNIX	0.39	0.07	0.34	-0.93	0.32	-0.46	0.89	-0.89	2.65
MDBRX	0.14	0.00	0.38	-0.15	0.15	-0.21	0.24	-0.24	0.71
EMSLX	0.94	0.14	0.13	0.31	1.38	-0.85	2.05	-1.99	6.33
CVSOX	0.08	0.00	0.59	-0.06	0.08	-0.09	0.19	-0.19	0.44

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MULTIFACTOR Correlations

Correlation Against Market - MULTIFACTOR

Moving together with MULTIFACTOR Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

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