Catalyst Mlp Correlations

Mutual Funds . USA . 
Fund . Catalyst Mlp Infrastructure
MLXIX Fund  USD 29.49  0.52  1.79%   
The current 90-days correlation between Catalyst Mlp Infrast and Catalystsmh High Income is -0.01 (i.e., Good diversification). The correlation of Catalyst Mlp 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.

Catalyst Mlp Correlation With Market

Weak diversification

The correlation between Catalyst Mlp Infrastructure and DJI is 0.3 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Catalyst Mlp Infrastructure and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Catalyst Mlp Infrastructure. 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 gross domestic product.

Moving together with Catalyst Mutual Fund

  0.92HIICX Catalystsmh High IncomePairCorr
  0.92HIIFX Catalystsmh High IncomePairCorr
  0.93HIIIX Catalystsmh High IncomePairCorr
  1.0MLXCX Catalyst Mlp InfrastPairCorr
  0.91MLXAX Catalyst Mlp InfrastPairCorr
  0.84CFRIX Catalyst/princetonPairCorr
  0.83CFRFX Catalyst/cifc FloatingPairCorr
  0.84CFRCX Catalyst/princetonPairCorr
  0.85CFRAX Catalyst/princetonPairCorr
  0.83INSAX Catalyst Insider BuyingPairCorr
  0.83INSCX Catalyst Insider BuyingPairCorr
  0.83INSIX Catalyst Insider BuyingPairCorr
  0.79ATRFX Catalyst IntelligentPairCorr
  0.79ATRCX Catalyst IntelligentPairCorr
  0.79ATRAX Catalyst IntelligentPairCorr
  0.87SHIIX Catalystexceed DefinedPairCorr
  0.85SHIEX Catalystexceed DefinedPairCorr
  0.85SHINX Catalystexceed DefinedPairCorr
  0.86CLPCX Catalyst Exceed DefinedPairCorr
  0.84CLPAX Catalyst Exceed DefinedPairCorr
  0.86CLPFX Catalyst Exceed DefinedPairCorr
  0.83CLTIX Catalyst/lyons TacticalPairCorr
  0.82CLTCX Catalyst/lyons TacticalPairCorr
  0.83CLTAX Catalyst/lyons TacticalPairCorr
  0.87MBXAX Catalystmillburn HedgePairCorr
  0.89MBXFX Catalystmillburn HedgePairCorr
  0.89MBXCX Catalystmillburn HedgePairCorr
  0.89MBXIX Catalystmillburn HedgePairCorr
  0.86CPECX Catalyst Dynamic AlphaPairCorr
  0.84CPEAX Catalyst Dynamic AlphaPairCorr
  0.86CPEIX Catalyst Dynamic AlphaPairCorr
  0.88TRIIX Catalystsmh Total ReturnPairCorr
  0.88TRIFX Catalystsmh Total ReturnPairCorr
  0.9TRICX Catalystsmh Total ReturnPairCorr
  0.85TRXCX Catalystmap GlobalPairCorr
  0.85TRXIX Catalyst/map GlobalPairCorr

Moving against Catalyst Mutual Fund

  0.88CWXCX CatalystwarringtonPairCorr
  0.84CWXAX CatalystwarringtonPairCorr
  0.83CWXIX CatalystwarringtonPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

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   
HIIFX
+ 1.0
HIICX
MLXIX
+ 1.0
MLXCX
HIIIX
+ 0.99
HIICX
HIIIX
+ 0.99
HIIFX
CWXAX
+ 0.95
CWXCX
CFRIX
+ 0.94
HIICX
  
High negative correlations   
CWXCX
- 0.96
HIIFX
CWXCX
- 0.96
HIICX
CFRIX
- 0.95
CWXCX
CWXCX
- 0.95
HIIIX
CWXIX
- 0.95
HIIFX
CWXIX
- 0.95
HIICX

Risk-Adjusted Indicators

There is a big difference between Catalyst Mutual Fund performing well and Catalyst Mlp 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 Catalyst Mlp'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
HIICX  0.39  0.17  0.08 (7.01) 0.00 
(0.56)
 0.89 
(0.56)
 2.03 
HIIFX  0.40  0.17  0.08 (99.27) 0.00 
(0.58)
 0.87 
(0.55)
 2.03 
HIIIX  0.41  0.12  0.08  0.51  0.00 
(0.59)
 0.89 
(0.57)
 2.04 
MLXCX  1.04  0.12  0.03  0.42  1.26 
(1.12)
 2.23 
(2.21)
 5.62 
MLXAX  1.01  0.22  0.04 (0.66) 1.20 
(1.12)
 2.23 
(2.21)
 6.07 
MLXIX  1.04  0.13  0.04  0.42  1.25 
(1.10)
 2.25 
(2.16)
 5.55 
CWXIX  0.02 (0.02) 0.00 (2.64) 0.00 
 0.00 
 0.00 
(0.11)
 0.21 
CWXCX  0.03 (0.02) 0.00 (2.08) 0.00 
 0.00 
 0.00 
(0.12)
 0.23 
CWXAX  0.02 (0.02) 0.00 (3.38) 0.00 
 0.00 
 0.00 
(0.11)
 0.22 
CFRIX  0.10  0.05 (0.64)(6.47) 0.00 
(0.20)
 0.44 
(0.11)
 0.67 

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