Evaluator Tactically Correlations

EVTTX Fund

USD 10.41 0.02 0.19%

The current 90-days correlation between Evaluator Tactically and Evaluator Aggressive Rms is -0.05 (i.e., Good diversification). The correlation of Evaluator Tactically 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.

Evaluator Tactically Correlation With Market

Almost no diversification

The correlation between Evaluator Tactically Managed and DJI is 0.95 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Evaluator Tactically Managed and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evaluator Tactically Managed. 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 estimate.

Moving together with Evaluator Mutual Fund

0.89	EVAGX	Evaluator Aggressive Rms	Pair Corr
1.0	EVFTX	Evaluator Tactically	Pair Corr
0.98	EVFGX	Evaluator Aggressive Rms	Pair Corr
0.98	EVFCX	Evaluator Conservative	Pair Corr
0.89	EVGRX	Evaluator Growth Rms	Pair Corr
0.99	EVGLX	Evaluator Growth Rms	Pair Corr
0.99	EVMLX	Evaluator Moderate Rms	Pair Corr
0.84	EVVLX	Evaluator Very Conse	Pair Corr
0.85	EVVCX	Evaluator Very Conse	Pair Corr
0.79	VWINX	Vanguard Wellesley Income	Pair Corr
0.79	VWIAX	Vanguard Wellesley Income	Pair Corr
0.89	BKMIX	Blackrock Multi Asset	Pair Corr
0.81	HBLTX	Hartford Balanced	Pair Corr
0.81	HBLRX	Hartford Balanced	Pair Corr
0.81	HBLSX	Hartford Balanced	Pair Corr
0.81	HBLVX	Hartford Balanced	Pair Corr
0.81	HBLYX	Hartford Balanced	Pair Corr
0.81	HBLCX	Hartford Balanced	Pair Corr
0.81	HBLIX	Hartford Balanced	Pair Corr
0.79	BRUFX	Bruce Fund Bruce	Pair Corr
0.81	SPGSX	State Street Premier	Pair Corr
0.72	KF	Korea Closed	Pair Corr
0.61	BRZKX	Blackrock Advantage Esg	Pair Corr
0.66	CIVVX	Causeway International	Pair Corr

Moving against Evaluator Mutual Fund

0.55	TWACX	Short Term Government	Pair Corr
0.54	RBOAX	Intermediate Bond	Pair Corr
0.49	RGEVX	Us Government Securities	Pair Corr
0.38	PMPIX	Precious Metals Ultr	Pair Corr
0.32	ITAAX	Transamerica Short Term	Pair Corr

Related Correlations Analysis

	EVAGX	EVFTX	EVFMX	EVFGX	EVFCX	EVGRX	EVGLX	EVMLX	EVTTX	EVVLX
EVAGX		0.89	1.0	0.91	0.84	1.0	0.91	0.9	0.89	0.63	EVAGX
EVFTX	0.89		0.9	0.98	0.98	0.9	0.99	1.0	1.0	0.84	EVFTX
EVFMX	1.0	0.9		0.91	0.86	1.0	0.91	0.91	0.9	0.68	EVFMX
EVFGX	0.91	0.98	0.91		0.94	0.91	1.0	1.0	0.98	0.73	EVFGX
EVFCX	0.84	0.98	0.86	0.94		0.85	0.95	0.96	0.98	0.92	EVFCX
EVGRX	1.0	0.9	1.0	0.91	0.85		0.91	0.91	0.89	0.65	EVGRX
EVGLX	0.91	0.99	0.91	1.0	0.95	0.91		1.0	0.99	0.75	EVGLX
EVMLX	0.9	1.0	0.91	1.0	0.96	0.91	1.0		0.99	0.79	EVMLX
EVTTX	0.89	1.0	0.9	0.98	0.98	0.89	0.99	0.99		0.84	EVTTX
EVVLX	0.63	0.84	0.68	0.73	0.92	0.65	0.75	0.79	0.84		EVVLX
	EVAGX	EVFTX	EVFMX	EVFGX	EVFCX	EVGRX	EVGLX	EVMLX	EVTTX	EVVLX

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Risk-Adjusted Indicators

There is a big difference between Evaluator Mutual Fund performing well and Evaluator Tactically 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 Evaluator Tactically'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
EVAGX	1.04	(0.05)	0.00	5.27	0.00	0.00	1.75	(2.08)	9.27
EVFTX	0.53	0.03	0.00	(0.06)	0.00	0.00	0.86	(1.19)	4.80
EVFMX	0.75	(0.03)	0.00	(3.55)	0.00	0.00	1.25	(1.50)	6.61
EVFGX	1.01	0.06	0.00	(0.06)	0.00	0.00	1.73	(2.08)	9.35
EVFCX	0.37	0.02	0.00	(0.05)	0.00	0.00	0.85	(0.95)	3.22
EVGRX	0.91	0.00	0.00	0.00	0.00	0.00	1.60	(1.89)	8.11
EVGLX	0.88	0.05	0.00	(0.06)	0.00	0.00	1.60	(1.82)	7.99
EVMLX	0.74	0.04	0.00	(0.06)	0.00	0.00	1.25	(1.59)	6.71
EVTTX	0.54	0.03	0.00	(0.05)	0.00	0.00	0.81	(1.12)	4.81
EVVLX	0.24	0.02	0.26	(0.03)	0.33	(0.30)	0.54	(0.65)	1.98

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