Tfa Quantitative Correlations
| TFAQX Fund | USD 12.47 0.17 1.38% |
The current 90-days correlation between Tfa Quantitative and Virtus Seix Government is 0.03 (i.e., Significant diversification). The correlation of Tfa Quantitative 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.
Tfa Quantitative Correlation With Market
Poor diversification
The correlation between Tfa Quantitative and DJI is 0.72 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tfa Quantitative and DJI in the same portfolio, assuming nothing else is changed.
Tfa |
Moving together with Tfa Mutual Fund
| 0.91 | TFAGX | Tfa Alphagen Growth | PairCorr |
| 0.99 | TFAFX | Tactical Growth Allo | PairCorr |
| 0.88 | TFAZX | Tfa Tactical Income | PairCorr |
| 0.67 | WARRX | Wells Fargo Advantage | PairCorr |
| 0.61 | VTISX | Vanguard Total Inter | PairCorr |
| 0.68 | VWELX | Vanguard Wellington | PairCorr |
| 0.67 | FLMTX | Franklin Lifesmart | PairCorr |
| 0.85 | RPNIX | Riverparknext Century | PairCorr |
Related Correlations Analysis
| 0.55 | 0.95 | 0.94 | 0.68 | 0.83 | 0.87 | SSAGX | ||
| 0.55 | 0.54 | 0.68 | 0.87 | 0.8 | 0.63 | CGTCX | ||
| 0.95 | 0.54 | 0.9 | 0.62 | 0.79 | 0.88 | FCSCX | ||
| 0.94 | 0.68 | 0.9 | 0.82 | 0.92 | 0.84 | PYUSX | ||
| 0.68 | 0.87 | 0.62 | 0.82 | 0.92 | 0.7 | GGTPX | ||
| 0.83 | 0.8 | 0.79 | 0.92 | 0.92 | 0.77 | SNGYX | ||
| 0.87 | 0.63 | 0.88 | 0.84 | 0.7 | 0.77 | RFBAX | ||
Risk-Adjusted Indicators
There is a big difference between Tfa Mutual Fund performing well and Tfa Quantitative 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 Tfa Quantitative'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SSAGX | 0.05 | 0.01 | 0.00 | 0.99 | 0.00 | 0.10 | 0.51 | |||
| CGTCX | 0.14 | (0.01) | (0.29) | (0.03) | 0.14 | 0.25 | 0.91 | |||
| FCSCX | 0.06 | 0.01 | (0.33) | (0.43) | 0.00 | 0.13 | 0.67 | |||
| PYUSX | 0.08 | 0.00 | (0.39) | 0.55 | 0.00 | 0.21 | 0.53 | |||
| GGTPX | 0.16 | 0.00 | (0.22) | 0.94 | 0.15 | 0.30 | 1.06 | |||
| SNGYX | 0.13 | 0.01 | (0.31) | (0.64) | 0.00 | 0.29 | 0.77 | |||
| RFBAX | 0.06 | 0.00 | (0.28) | 0.09 | 0.00 | 0.19 | 0.58 |