Quantified Tactical Correlations
| QFITX Fund | USD 6.79 0.01 0.15% |
The current 90-days correlation between Quantified Tactical Fixed and World Energy Fund is -0.32 (i.e., Very good diversification). The correlation of Quantified Tactical 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 Tactical Correlation With Market
Modest diversification
The correlation between Quantified Tactical Fixed and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Quantified Tactical Fixed and DJI in the same portfolio, assuming nothing else is changed.
Quantified |
Moving against Quantified Mutual Fund
| 0.4 | QGBLX | Quantified Global | PairCorr |
| 0.31 | SAPEX | Spectrum Advisors | PairCorr |
| 0.49 | NREEX | Neuberger Berman Real | PairCorr |
| 0.39 | MIDSX | Midas Fund Midas | PairCorr |
| 0.38 | DILCX | Davis International | PairCorr |
| 0.37 | FGPMX | Franklin Gold And Steady Growth | PairCorr |
| 0.35 | FKRCX | Franklin Gold Precious Steady Growth | PairCorr |
| 0.35 | FRGOX | Franklin Gold Precious Steady Growth | PairCorr |
| 0.35 | PDARX | Diversified Real Asset | PairCorr |
| 0.34 | JSOCX | Jpmorgan Strategic Income | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Quantified Mutual Fund performing well and Quantified Tactical 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 Tactical'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AIWEX | 0.90 | 0.35 | 0.11 | (1.52) | 0.91 | 2.09 | 4.47 | |||
| TREIX | 0.07 | 0.00 | (1.11) | 0.00 | 0.00 | 0.20 | 0.51 | |||
| DNLAX | 0.92 | 0.30 | 0.12 | (2.51) | 0.63 | 2.34 | 4.94 | |||
| CAEIX | 0.65 | 0.25 | 0.20 | 0.58 | 0.27 | 1.70 | 4.46 | |||
| ICBAX | 0.94 | 0.27 | 0.08 | (2.88) | 0.80 | 2.15 | 5.13 | |||
| PEO | 0.86 | 0.08 | (0.01) | 0.35 | 0.97 | 1.71 | 5.07 | |||
| IGNAX | 0.74 | 0.26 | 0.11 | (1.96) | 0.31 | 1.88 | 3.09 |