Catalyst/exceed Defined Correlations

SHINX Fund

USD 10.58 0.04 0.38%

The current 90-days correlation between Catalyst/exceed Defined and Federated Municipal High is 0.11 (i.e., Average diversification). The correlation of Catalyst/exceed Defined 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/exceed Defined Correlation With Market

Very poor diversification

The correlation between Catalystexceed Defined Shield and DJI is 0.83 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Catalystexceed Defined Shield and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Catalystexceed Defined Shield. 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 state.

Moving together with Catalyst/exceed Mutual Fund

0.79	HIICX	Catalystsmh High Income	Pair Corr
0.8	HIIFX	Catalystsmh High Income	Pair Corr
0.83	HIIIX	Catalystsmh High Income	Pair Corr
0.99	SHIIX	Catalyst/exceed Defined	Pair Corr
0.91	SHIEX	Catalyst/exceed Defined	Pair Corr
0.84	CLPCX	Catalyst Exceed Defined	Pair Corr
0.84	CLPAX	Catalyst Exceed Defined	Pair Corr
0.84	CLPFX	Catalyst Exceed Defined	Pair Corr
0.94	CLTIX	Catalyst/lyons Tactical	Pair Corr
0.94	CLTCX	Catalyst/lyons Tactical	Pair Corr
0.84	CLTAX	Catalyst/lyons Tactical	Pair Corr
0.61	MBXFX	Catalystmillburn Hedge	Pair Corr
0.61	MBXCX	Catalystmillburn Hedge	Pair Corr
0.76	CPECX	Catalyst Dynamic Alpha	Pair Corr
0.7	CPEAX	Catalyst Dynamic Alpha	Pair Corr
0.78	CPEIX	Catalyst Dynamic Alpha	Pair Corr
0.86	TRXCX	Catalystmap Global	Pair Corr
0.76	TRXAX	Catalystmap Global	Pair Corr

Moving against Catalyst/exceed Mutual Fund

0.74	MLXAX	Catalyst Mlp Infrast	Pair Corr
0.72	MLXCX	Catalyst Mlp Infrast	Pair Corr
0.72	MLXIX	Catalyst Mlp Infrast	Pair Corr

Related Correlations Analysis

	FHTFX	TAHFX	ABTYX	DMHIX	CAYCX	AHYMX	FCQAX	ABTHX
FHTFX		0.77	0.99	0.99	0.99	0.94	0.99	1.0	FHTFX
TAHFX	0.77		0.79	0.78	0.79	0.79	0.79	0.79	TAHFX
ABTYX	0.99	0.79		1.0	1.0	0.93	1.0	1.0	ABTYX
DMHIX	0.99	0.78	1.0		1.0	0.92	1.0	1.0	DMHIX
CAYCX	0.99	0.79	1.0	1.0		0.92	1.0	1.0	CAYCX
AHYMX	0.94	0.79	0.93	0.92	0.92		0.93	0.93	AHYMX
FCQAX	0.99	0.79	1.0	1.0	1.0	0.93		1.0	FCQAX
ABTHX	1.0	0.79	1.0	1.0	1.0	0.93	1.0		ABTHX
	FHTFX	TAHFX	ABTYX	DMHIX	CAYCX	AHYMX	FCQAX	ABTHX

Risk-Adjusted Indicators

There is a big difference between Catalyst/exceed Mutual Fund performing well and Catalyst/exceed Defined 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/exceed Defined'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	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
FHTFX	0.13	0.06	0.06	1.67	(0.24)	0.39	(0.13)	1.16
TAHFX	0.13	0.01	(0.18)	0.84	(0.18)	0.24	(0.24)	0.97
ABTYX	0.17	0.07	0.11	1.48	(0.25)	0.41	(0.20)	1.20
DMHIX	0.16	0.07	0.14	2.41	(0.26)	0.51	(0.20)	1.15
CAYCX	0.14	0.06	0.07	1.79	(0.23)	0.42	(0.21)	0.96
AHYMX	0.12	0.03	(0.16)	1.96	(0.21)	0.34	(0.11)	0.79
FCQAX	0.13	0.06	0.05	1.36	(0.24)	0.41	(0.10)	1.06
ABTHX	0.17	0.07	0.09	1.06	(0.27)	0.51	(0.20)	1.30

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