Quantified Eckhardt Correlations
| QETCX Fund | 8.82 0.03 0.34% |
The current 90-days correlation between Quantified Eckhardt and Spectrum Advisors Preferred is 0.01 (i.e., Significant diversification). The correlation of Quantified Eckhardt 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.
Quantified Eckhardt Correlation With Market
Good diversification
The correlation between Quantified Eckhardt Managed and DJI is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Quantified Eckhardt Managed and DJI in the same portfolio, assuming nothing else is changed.
Quantified |
Moving against Quantified Mutual Fund
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Quantified Mutual Fund performing well and Quantified Eckhardt 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 Quantified Eckhardt'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SAPEX | 0.38 | 0.06 | (0.03) | 0.28 | 0.00 | 1.08 | 2.36 | |||
| OTRFX | 0.12 | 0.02 | (0.54) | 0.59 | 0.00 | 0.29 | 1.19 | |||
| OTRGX | 0.13 | 0.02 | (0.53) | 0.54 | 0.00 | 0.28 | 1.21 | |||
| SUNBX | 0.19 | 0.04 | (0.24) | 0.40 | 0.00 | 0.59 | 1.26 | |||
| QMLAX | 0.68 | 0.15 | 0.12 | 0.33 | 0.47 | 1.78 | 5.89 | |||
| QMLFX | 0.68 | 0.15 | 0.12 | 0.33 | 0.47 | 1.82 | 5.93 | |||
| SVARX | 0.12 | 0.01 | (0.65) | 0.21 | 0.00 | 0.25 | 0.71 | |||
| SFHYX | 0.17 | 0.04 | (0.37) | 0.43 | 0.00 | 0.48 | 1.02 | |||
| QRDTX | 0.69 | 0.07 | 0.04 | 0.21 | 0.67 | 1.58 | 5.32 | |||
| QALAX | 0.27 | 0.07 | (0.09) | 0.45 | 0.00 | 0.68 | 1.68 |