Bts Tactical Correlations
| BTFAX Fund | USD 7.96 0.03 0.38% |
The current 90-days correlation between Bts Tactical Fixed and Bts Tactical Fixed is 0.93 (i.e., Almost no diversification). The correlation of Bts 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.
Bts Tactical Correlation With Market
Weak diversification
The correlation between Bts Tactical Fixed and DJI is 0.38 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bts Tactical Fixed and DJI in the same portfolio, assuming nothing else is changed.
Bts |
Moving together with Bts Mutual Fund
| 0.99 | BTFRX | Bts Tactical Fixed | PairCorr |
| 0.99 | BTFIX | Bts Tactical Fixed | PairCorr |
| 0.98 | BTFCX | Bts Tactical Fixed | PairCorr |
| 0.8 | BTSIX | Bts Managed Income | PairCorr |
| 0.82 | BTSCX | Bts Managed Income | PairCorr |
| 0.81 | BTSAX | Bts Managed Income | PairCorr |
| 0.82 | BTSRX | Bts Managed Income | PairCorr |
| 0.62 | BSIKX | Blackrock Strategic | PairCorr |
| 0.61 | BSIIX | Blackrock Strategic | PairCorr |
| 0.65 | VTSAX | Vanguard Total Stock | PairCorr |
| 0.65 | VTSMX | Vanguard Total Stock | PairCorr |
| 0.65 | VSMPX | Vanguard Total Stock | PairCorr |
| 0.65 | VSTSX | Vanguard Total Stock | PairCorr |
| 0.65 | VITSX | Vanguard Total Stock | PairCorr |
| 0.64 | VFFSX | Vanguard 500 Index | PairCorr |
| 0.88 | AREFX | One Choice 2055 | PairCorr |
| 0.66 | HYMAX | Lord Abbett High | PairCorr |
| 0.82 | JILGX | Multimanager Lifestyle | PairCorr |
| 0.65 | MRTBX | Massmutual Retiresmart | PairCorr |
| 0.65 | FSMDX | Fidelity Mid Cap | PairCorr |
| 0.87 | TRFHX | T Rowe Price | PairCorr |
| 0.63 | AMEIX | Equity Growth | PairCorr |
Related Correlations Analysis
| 0.98 | 0.74 | 0.77 | 0.75 | 0.76 | BTFCX | ||
| 0.98 | 0.8 | 0.82 | 0.81 | 0.82 | BTFAX | ||
| 0.74 | 0.8 | 1.0 | 1.0 | 1.0 | BTSIX | ||
| 0.77 | 0.82 | 1.0 | 1.0 | 1.0 | BTSCX | ||
| 0.75 | 0.81 | 1.0 | 1.0 | 1.0 | BTSAX | ||
| 0.76 | 0.82 | 1.0 | 1.0 | 1.0 | BTSRX | ||
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Risk-Adjusted Indicators
There is a big difference between Bts Mutual Fund performing well and Bts 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 Bts 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BTFCX | 0.17 | (0.01) | (0.37) | 0.01 | 0.14 | 0.26 | 0.76 | |||
| BTFAX | 0.16 | (0.01) | (0.35) | 0.03 | 0.14 | 0.38 | 0.88 | |||
| BTSIX | 0.14 | 0.00 | (0.32) | 0.10 | 0.00 | 0.31 | 0.83 | |||
| BTSCX | 0.15 | 0.00 | (0.31) | 0.08 | 0.08 | 0.31 | 0.93 | |||
| BTSAX | 0.15 | 0.00 | (0.33) | 0.08 | 0.04 | 0.31 | 0.82 | |||
| BTSRX | 0.16 | 0.00 | (0.29) | 0.09 | 0.06 | 0.31 | 0.82 |