Tfa Tactical Correlations

TFAZX Fund

USD 8.69 0.01 0.12%

The current 90-days correlation between Tfa Tactical Income and Tfa Alphagen Growth is 0.91 (i.e., Almost no diversification). The correlation of Tfa Tactical 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.

Tfa Tactical Correlation With Market

Poor diversification

The correlation between Tfa Tactical Income and DJI is 0.77 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tfa Tactical Income 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 Tfa Tactical Income. 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 Tfa Mutual Fund

0.92	TFAGX	Tfa Alphagen Growth	Pair Corr
0.85	TFAFX	Tactical Growth Allo	Pair Corr
0.88	TFAQX	Tfa Quantitative	Pair Corr
0.71	VFIAX	Vanguard 500 Index	Pair Corr
0.78	SSDDX	State Street Target	Pair Corr

Related Correlations Analysis

	TFAGX	TFAFX	TFAQX	TFAZX	TNMRX	ETORX	TYHYX	ATOBX	TGPNX	STRDX
TFAGX		0.84	0.91	0.92	0.63	-0.12	0.15	-0.06	0.67	0.15	TFAGX
TFAFX	0.84		0.99	0.85	0.69	0.21	0.56	0.32	0.79	0.39	TFAFX
TFAQX	0.91	0.99		0.88	0.73	0.15	0.45	0.22	0.78	0.35	TFAQX
TFAZX	0.92	0.85	0.88		0.7	0.01	0.31	0.07	0.84	0.39	TFAZX
TNMRX	0.63	0.69	0.73	0.7		0.23	0.29	0.28	0.8	0.59	TNMRX
ETORX	-0.12	0.21	0.15	0.01	0.23		0.44	0.49	0.35	0.59	ETORX
TYHYX	0.15	0.56	0.45	0.31	0.29	0.44		0.8	0.53	0.49	TYHYX
ATOBX	-0.06	0.32	0.22	0.07	0.28	0.49	0.8		0.42	0.64	ATOBX
TGPNX	0.67	0.79	0.78	0.84	0.8	0.35	0.53	0.42		0.77	TGPNX
STRDX	0.15	0.39	0.35	0.39	0.59	0.59	0.49	0.64	0.77		STRDX
	TFAGX	TFAFX	TFAQX	TFAZX	TNMRX	ETORX	TYHYX	ATOBX	TGPNX	STRDX

Please upgrade your account to get full access to Macroaxis premium features

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

TFAQX	+ 0.99	TFAFX
TFAZX	+ 0.92	TFAGX
TFAQX	+ 0.91	TFAGX
TFAZX	+ 0.88	TFAQX
TFAZX	+ 0.85	TFAFX
TFAFX	+ 0.84	TFAGX

High negative correlations

ETORX	- 0.12	TFAGX
ATOBX	- 0.06	TFAGX

Risk-Adjusted Indicators

There is a big difference between Tfa Mutual Fund performing well and Tfa Tactical 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 Tfa Tactical'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
TFAGX	0.85	(0.05)	(0.03)	0.02	1.29	(0.81)	1.65	(2.44)	5.01
TFAFX	0.64	(0.03)	(0.03)	0.04	0.98	(0.63)	1.39	(1.53)	3.80
TFAQX	0.80	(0.03)	(0.02)	0.04	1.22	(0.78)	1.59	(2.03)	4.83
TFAZX	0.27	(0.02)	(0.17)	0.01	0.33	(0.30)	0.58	(0.58)	1.97
TNMRX	0.37	(0.02)	(0.09)	0.03	0.55	(0.38)	0.77	(0.77)	3.34
ETORX	0.08	0.00	(0.35)	0.00	0.00	(0.16)	0.25	(0.13)	0.63
TYHYX	0.13	0.00	(0.39)	0.05	0.00	(0.20)	0.34	(0.23)	0.91
ATOBX	0.02	0.00	0.00	(0.73)	0.00	0.00	0.00	0.00	0.40
TGPNX	0.22	(0.01)	(0.16)	0.04	0.25	(0.25)	0.49	(0.49)	1.38
STRDX	0.16	0.00	(0.30)	0.24	0.12	(0.19)	0.32	(0.32)	0.95

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC