Catalystsmh Total Correlations

TRICX Fund

USD 4.83 0.05 1.05%

The current 90-days correlation between Catalystsmh Total Return and Catalystsmh High Income is 0.77 (i.e., Poor diversification). The correlation of Catalystsmh Total 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.

Catalystsmh Total Correlation With Market

Poor diversification

The correlation between Catalystsmh Total Return and DJI is 0.71 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Catalystsmh Total Return 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 Catalystsmh Total Return. 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 interest.

Moving together with Catalystsmh Mutual Fund

0.78	HIICX	Catalystsmh High Income	Pair Corr
0.72	HIIFX	Catalystsmh High Income	Pair Corr
0.76	HIIIX	Catalystsmh High Income	Pair Corr
0.83	INSAX	Catalyst Insider Buying	Pair Corr
0.83	INSCX	Catalyst Insider Buying	Pair Corr
0.83	INSIX	Catalyst Insider Buying	Pair Corr
0.75	ATRFX	Catalyst Intelligent	Pair Corr
0.76	ATRCX	Catalyst Intelligent	Pair Corr
0.68	ATRAX	Catalyst Intelligent	Pair Corr
0.67	SHIIX	Catalyst/exceed Defined	Pair Corr
0.63	SHIEX	Catalyst/exceed Defined	Pair Corr
0.69	SHINX	Catalyst/exceed Defined	Pair Corr
0.75	CPECX	Catalyst Dynamic Alpha	Pair Corr
0.68	CPEAX	Catalyst Dynamic Alpha	Pair Corr
0.68	CPEIX	Catalyst Dynamic Alpha	Pair Corr
1.0	TRIIX	Catalystsmh Total Return	Pair Corr
0.92	TRIFX	Catalystsmh Total Return	Pair Corr

Related Correlations Analysis

	HIICX	HIIFX	HIIIX	MLXCX	MLXAX	MLXIX	CWXIX	CWXCX	CWXAX	CFRIX
HIICX		0.99	1.0	-0.7	-0.69	-0.7	-0.28	-0.52	-0.36	0.64	HIICX
HIIFX	0.99		0.99	-0.73	-0.71	-0.72	-0.32	-0.55	-0.4	0.65	HIIFX
HIIIX	1.0	0.99		-0.72	-0.71	-0.71	-0.3	-0.53	-0.38	0.64	HIIIX
MLXCX	-0.7	-0.73	-0.72		0.98	1.0	0.46	0.66	0.52	-0.54	MLXCX
MLXAX	-0.69	-0.71	-0.71	0.98		0.98	0.48	0.69	0.55	-0.51	MLXAX
MLXIX	-0.7	-0.72	-0.71	1.0	0.98		0.45	0.66	0.52	-0.53	MLXIX
CWXIX	-0.28	-0.32	-0.3	0.46	0.48	0.45		0.92	0.97	-0.49	CWXIX
CWXCX	-0.52	-0.55	-0.53	0.66	0.69	0.66	0.92		0.96	-0.67	CWXCX
CWXAX	-0.36	-0.4	-0.38	0.52	0.55	0.52	0.97	0.96		-0.53	CWXAX
CFRIX	0.64	0.65	0.64	-0.54	-0.51	-0.53	-0.49	-0.67	-0.53		CFRIX
	HIICX	HIIFX	HIIIX	MLXCX	MLXAX	MLXIX	CWXIX	CWXCX	CWXAX	CFRIX

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

HIIIX	+ 1.0	HIICX
MLXIX	+ 1.0	MLXCX
HIIFX	+ 0.99	HIICX
HIIIX	+ 0.99	HIIFX
MLXAX	+ 0.98	MLXCX
MLXIX	+ 0.98	MLXAX

High negative correlations

MLXCX	- 0.73	HIIFX
MLXCX	- 0.72	HIIIX
MLXIX	- 0.72	HIIFX
MLXIX	- 0.71	HIIIX
MLXAX	- 0.71	HIIIX
MLXAX	- 0.71	HIIFX

Risk-Adjusted Indicators

There is a big difference between Catalystsmh Mutual Fund performing well and Catalystsmh Total 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 Catalystsmh Total'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
HIICX	0.37	0.06	0.02	0.24	0.17	(0.47)	0.75	(0.73)	2.56
HIIFX	0.35	0.12	0.04	(1.55)	0.15	(0.44)	0.75	(0.49)	2.30
HIIIX	0.39	0.07	0.03	0.25	0.12	(0.53)	0.75	(0.73)	2.57
MLXCX	0.70	(0.21)	0.00	(0.32)	0.00	0.00	1.18	(1.48)	5.29
MLXAX	0.69	(0.17)	0.00	0.80	0.00	0.00	1.22	(1.48)	5.40
MLXIX	0.69	(0.21)	0.00	(0.30)	0.00	0.00	1.14	(1.44)	5.38
CWXIX	0.07	(0.02)	0.00	1.31	0.00	0.00	0.11	(0.11)	1.27
CWXCX	0.06	(0.02)	0.00	1.97	0.00	0.00	0.12	(0.12)	1.16
CWXAX	0.07	(0.02)	0.00	5.75	0.00	0.00	0.11	(0.11)	1.30
CFRIX	0.07	0.01	(0.54)	(0.26)	0.00	(0.25)	0.11	(0.11)	0.99

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