Bts Tactical Correlations

Mutual Funds USA . 
Fund . Bts Tactical Fixed
BTFIX Fund  USD 7.93  0.02  0.25%   
The current 90-days correlation between Bts Tactical Fixed and Bts Tactical Fixed is 0.94 (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

Very weak diversification

The correlation between Bts Tactical Fixed and DJI is 0.47 (i.e., Very 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.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bts Tactical Fixed. 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 gross domestic product.

Moving together with Bts Mutual Fund

  0.99BTFRX Bts Tactical FixedPairCorr
  0.98BTFCX Bts Tactical FixedPairCorr
  0.99BTFAX Bts Tactical FixedPairCorr
  0.83BTSIX Bts Managed IncomePairCorr
  0.85BTSCX Bts Managed IncomePairCorr
  0.84BTSAX Bts Managed IncomePairCorr
  0.84BTSRX Bts Managed IncomePairCorr
  0.68VTSAX Vanguard Total StockPairCorr
  0.62VFIAX Vanguard 500 IndexPairCorr
  0.68VTSMX Vanguard Total StockPairCorr
  0.68VSMPX Vanguard Total StockPairCorr
  0.68VSTSX Vanguard Total StockPairCorr
  0.68VITSX Vanguard Total StockPairCorr
  0.62VFINX Vanguard 500 IndexPairCorr
  0.67VFFSX Vanguard 500 IndexPairCorr
  0.89AREFX One Choice 2055PairCorr
  0.63HYMAX Lord Abbett HighPairCorr
  0.84JILGX Multimanager LifestylePairCorr
  0.74MRTBX Massmutual RetiresmartPairCorr
  0.68FSMDX Fidelity Mid CapPairCorr
  0.88TRFHX T Rowe PricePairCorr
  0.66AMEIX Equity GrowthPairCorr

Related Correlations Analysis

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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.

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