Catalystexceed Defined Correlations

SHINX Fund

USD 10.42 0.21 1.98%

The current 90-days correlation between Catalystexceed Defined and Allianzgi Convertible Income is 0.08 (i.e., Significant diversification). The correlation of Catalystexceed Defined 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.

Catalystexceed Defined Correlation With Market

Poor diversification

The correlation between Catalystexceed Defined Shield and DJI is 0.62 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Catalystexceed Defined Shield 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 Catalystexceed Defined Shield. 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 state.

Moving together with Catalystexceed Mutual Fund

0.63	CFRIX	Catalystprinceton	Pair Corr
0.61	CFRFX	Catalystcifc Floating	Pair Corr
0.99	SHIIX	Catalystexceed Defined	Pair Corr
0.81	SHIEX	Catalystexceed Defined	Pair Corr
0.79	CLPCX	Catalyst Exceed Defined	Pair Corr
0.69	CLPAX	Catalyst Exceed Defined	Pair Corr
0.62	CLPFX	Catalyst Exceed Defined	Pair Corr
0.94	CLTIX	Catalystlyons Tactical	Pair Corr
0.92	CLTCX	Catalystlyons Tactical	Pair Corr
0.79	CLTAX	Catalystlyons Tactical	Pair Corr
0.64	TRXCX	Catalystmap Global	Pair Corr
0.65	TRXAX	Catalystmap Global	Pair Corr

Moving against Catalystexceed Mutual Fund

0.56	EIXCX	Catalyst Enhanced Income	Pair Corr
0.55	EIXAX	Catalyst Enhanced Income	Pair Corr
0.54	EIXIX	Catalyst Enhanced Income	Pair Corr

Related Correlations Analysis

	XNCVX	CCD	NCIDX	GCV	PBXIX	LCFYX
XNCVX		0.76	0.85	0.76	0.14	0.72	XNCVX
CCD	0.76		0.84	0.85	0.43	0.83	CCD
NCIDX	0.85	0.84		0.85	0.24	0.86	NCIDX
GCV	0.76	0.85	0.85		0.29	0.86	GCV
PBXIX	0.14	0.43	0.24	0.29		0.33	PBXIX
LCFYX	0.72	0.83	0.86	0.86	0.33		LCFYX
	XNCVX	CCD	NCIDX	GCV	PBXIX	LCFYX

Risk-Adjusted Indicators

There is a big difference between Catalystexceed Mutual Fund performing well and Catalystexceed Defined 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 Catalystexceed Defined'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
XNCVX	0.69	0.05	(0.02)	0.41	0.92	(0.76)	1.20	(1.74)	5.47
CCD	0.86	(0.03)	(0.02)	0.05	1.14	(0.87)	1.76	(2.11)	4.70
NCIDX	0.71	0.07	0.00	0.83	0.96	(0.67)	1.29	(1.76)	4.78
GCV	0.88	0.02	(0.02)	0.14	1.10	(1.00)	2.20	(1.95)	6.66
PBXIX	0.36	(0.04)	(0.15)	(0.02)	0.52	(0.34)	0.64	(0.73)	2.25
LCFYX	0.75	(0.01)	(0.02)	0.06	0.95	(0.81)	1.31	(1.77)	4.63

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