Ultra Fund Correlations

AULRX Fund

USD 88.93 1.06 1.18%

The current 90-days correlation between Ultra Fund R and Lifestyle Ii Growth is -0.17 (i.e., Good diversification). The correlation of Ultra Fund 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.

Ultra Fund Correlation With Market

Significant diversification

The correlation between Ultra Fund R and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ultra Fund R and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ultra Fund R. 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 real.

Moving together with Ultra Mutual Fund

0.86	AMGIX	Income Growth	Pair Corr
0.77	CDBCX	Diversified Bond	Pair Corr
0.99	TWCAX	Select Fund A	Pair Corr
0.8	TWARX	Short Term Government	Pair Corr
0.88	TWBIX	Balanced Fund Investor	Pair Corr
0.94	TWCUX	Ultra Fund Investor	Pair Corr
0.89	TWTIX	Intermediate Term Tax	Pair Corr
0.77	TWSCX	Strategic Allocation	Pair Corr
0.78	TWSMX	Strategic Allocation	Pair Corr
0.94	TWUIX	Ultra Fund I	Pair Corr
0.63	ANTUX	Nt Non Intrinsic	Pair Corr
0.78	AOCIX	One Choice Portfolio	Pair Corr
0.89	AOMIX	One Choice Portfolio	Pair Corr
0.79	AOVIX	One Choice Portfolio	Pair Corr
0.89	BCHYX	California High Yield	Pair Corr
0.77	BCITX	California Intermediate-ter	Pair Corr
0.82	ARDVX	One Choice 2040	Pair Corr
0.82	ARHVX	American Century Inv	Pair Corr
0.82	ARTOX	One Choice In	Pair Corr
0.84	AACZX	American Century One	Pair Corr
0.91	BEQGX	Equity Growth	Pair Corr
0.71	ASIEX	Strategic Income	Pair Corr
0.88	ASTCX	Strategic Allocation:	Pair Corr
0.72	ABHIX	High Yield Fund	Pair Corr
0.88	ABHYX	High Yield Municipal	Pair Corr
0.81	ACDOX	American Century Div	Pair Corr
0.84	ACHFX	American Century High	Pair Corr
0.73	BGNMX	Ginnie Mae Fund	Pair Corr
0.9	AULDX	Ultra Fund R6	Pair Corr
0.68	ADVRX	Diversified Bond	Pair Corr
0.64	AGGWX	Global Gold Fund	Pair Corr

Moving against Ultra Mutual Fund

0.81	ASVIX	Small Cap Value	Pair Corr
0.37	AVUAX	Mid Cap Value	Pair Corr

Related Correlations Analysis

	JLGSX	GCIGX	SCGCX	EIPIX	SLWGX	TFAGX	HISGX
JLGSX		0.87	0.99	0.64	0.84	0.9	0.89	JLGSX
GCIGX	0.87		0.84	0.6	0.8	0.87	0.84	GCIGX
SCGCX	0.99	0.84		0.61	0.87	0.91	0.9	SCGCX
EIPIX	0.64	0.6	0.61		0.59	0.51	0.43	EIPIX
SLWGX	0.84	0.8	0.87	0.59		0.88	0.9	SLWGX
TFAGX	0.9	0.87	0.91	0.51	0.88		0.95	TFAGX
HISGX	0.89	0.84	0.9	0.43	0.9	0.95		HISGX
	JLGSX	GCIGX	SCGCX	EIPIX	SLWGX	TFAGX	HISGX

Risk-Adjusted Indicators

There is a big difference between Ultra Mutual Fund performing well and Ultra Fund 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 Ultra Fund'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
JLGSX	0.42	0.00	(0.01)	0.04	0.59	(0.42)	0.90	(0.96)	3.49
GCIGX	0.65	0.04	0.02	1.07	0.83	(0.62)	1.16	(1.27)	3.58
SCGCX	0.42	0.00	(0.02)	0.03	0.61	(0.41)	0.85	(0.81)	3.34
EIPIX	0.42	0.05	0.04	0.17	0.44	(0.43)	0.91	(0.75)	2.20
SLWGX	0.82	0.08	0.04	(0.46)	1.06	(0.87)	1.77	(1.36)	5.51
TFAGX	0.83	0.05	0.02	1.22	1.17	(0.82)	1.65	(2.27)	5.26
HISGX	0.86	0.06	0.02	2.01	1.10	(0.90)	1.88	(1.54)	5.56

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