Bts Tactical Correlations

Mutual Funds USA . 
Fund . Bts Tactical Fixed
BTFRX Fund  USD 7.93  0.02  0.25%   
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

Very weak diversification

The correlation between Bts Tactical Fixed and DJI is 0.46 (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 metropolitan statistical area.

Moving together with Bts Mutual Fund

  0.99BTFIX Bts Tactical FixedPairCorr
  0.99BTFCX Bts Tactical FixedPairCorr
  0.99BTFAX Bts Tactical FixedPairCorr
  0.78BTSIX Bts Managed IncomePairCorr
  0.81BTSCX Bts Managed IncomePairCorr
  0.79BTSAX Bts Managed IncomePairCorr
  0.8BTSRX Bts Managed IncomePairCorr
  0.64BSIKX Blackrock StrategicPairCorr
  0.64BSIIX Blackrock StrategicPairCorr
  0.62VTSAX Vanguard Total StockPairCorr
  0.62VTSMX Vanguard Total StockPairCorr
  0.62VSMPX Vanguard Total StockPairCorr
  0.62VSTSX Vanguard Total StockPairCorr
  0.62VITSX Vanguard Total StockPairCorr
  0.61VFFSX Vanguard 500 IndexPairCorr
  0.87AREFX One Choice 2055PairCorr
  0.66HYMAX Lord Abbett HighPairCorr
  0.81JILGX Multimanager LifestylePairCorr
  0.76MRTBX Massmutual RetiresmartPairCorr
  0.61FSMDX Fidelity Mid CapPairCorr
  0.86TRFHX T Rowe PricePairCorr

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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