Catalyst Exceed Correlations

CLPCX Fund

USD 11.92 0.10 0.85%

The current 90-days correlation between Catalyst Exceed Defined and Catalystsmh High Income is 0.42 (i.e., Very weak diversification). The correlation of Catalyst Exceed 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 Correlation With Market

Poor diversification

The correlation between Catalyst Exceed Defined and DJI is 0.63 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Catalyst Exceed Defined 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 Catalyst Exceed Defined. 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 main economic indicators.

Moving together with Catalyst Mutual Fund

0.81	HIICX	Catalystsmh High Income	Pair Corr
0.8	HIIFX	Catalystsmh High Income	Pair Corr
0.83	HIIIX	Catalystsmh High Income	Pair Corr
0.72	MLXCX	Catalyst Mlp Infrast	Pair Corr
0.72	MLXAX	Catalyst Mlp Infrast	Pair Corr
0.72	MLXIX	Catalyst Mlp Infrast	Pair Corr
0.64	CFHCX	Catalyst Hedged Modity	Pair Corr
0.65	CFHAX	Catalyst Hedged Modity	Pair Corr
0.66	CFHIX	Catalyst Hedged Modity	Pair Corr
0.75	CFRIX	Catalyst/princeton	Pair Corr
0.74	CFRCX	Catalyst/princeton	Pair Corr
0.76	CFRAX	Catalyst/princeton	Pair Corr
0.92	INSAX	Catalyst Insider Buying	Pair Corr
0.92	INSCX	Catalyst Insider Buying	Pair Corr
0.93	INSIX	Catalyst Insider Buying	Pair Corr
0.94	SHIIX	Catalyst/exceed Defined	Pair Corr
0.94	SHIEX	Catalyst/exceed Defined	Pair Corr
0.94	SHINX	Catalyst/exceed Defined	Pair Corr
1.0	CLPAX	Catalyst Exceed Defined	Pair Corr
1.0	CLPFX	Catalyst Exceed Defined	Pair Corr
0.91	CLTIX	Catalyst/lyons Tactical	Pair Corr
0.91	CLTCX	Catalyst/lyons Tactical	Pair Corr
0.91	CLTAX	Catalyst/lyons Tactical	Pair Corr
0.83	MBXAX	Catalystmillburn Hedge	Pair Corr
0.83	MBXFX	Catalystmillburn Hedge	Pair Corr
0.83	MBXCX	Catalystmillburn Hedge	Pair Corr
0.83	MBXIX	Catalystmillburn Hedge	Pair Corr
0.94	CPECX	Catalyst Dynamic Alpha	Pair Corr
0.94	CPEAX	Catalyst Dynamic Alpha	Pair Corr
0.94	CPEIX	Catalyst Dynamic Alpha	Pair Corr
0.66	DCXIX	Catalystmillburn Dyn	Pair Corr
0.64	DCXCX	Catalystmillburn Dyn	Pair Corr
0.65	DCXAX	Catalystmillburn Dyn	Pair Corr

Moving against Catalyst Mutual Fund

0.64	CWXCX	Catalyst/warrington	Pair Corr
0.66	EIXCX	Catalyst Enhanced Income	Pair Corr
0.63	EIXAX	Catalyst Enhanced Income	Pair Corr
0.62	EIXIX	Catalyst Enhanced Income	Pair Corr

Related Correlations Analysis

	HIICX	HIIFX	HIIIX	MLXCX	MLXAX	MLXIX	CWXIX	CWXCX	CWXAX	CFHCX
HIICX		1.0	0.99	0.91	0.92	0.92	0.05	-0.53	-0.1	0.46	HIICX
HIIFX	1.0		0.99	0.91	0.92	0.92	0.07	-0.52	-0.08	0.46	HIIFX
HIIIX	0.99	0.99		0.91	0.91	0.91	0.07	-0.52	-0.08	0.49	HIIIX
MLXCX	0.91	0.91	0.91		1.0	1.0	0.05	-0.5	-0.05	0.27	MLXCX
MLXAX	0.92	0.92	0.91	1.0		1.0	0.06	-0.5	-0.05	0.27	MLXAX
MLXIX	0.92	0.92	0.91	1.0	1.0		0.06	-0.5	-0.05	0.28	MLXIX
CWXIX	0.05	0.07	0.07	0.05	0.06	0.06		0.71	0.95	-0.07	CWXIX
CWXCX	-0.53	-0.52	-0.52	-0.5	-0.5	-0.5	0.71		0.8	-0.34	CWXCX
CWXAX	-0.1	-0.08	-0.08	-0.05	-0.05	-0.05	0.95	0.8		-0.25	CWXAX
CFHCX	0.46	0.46	0.49	0.27	0.27	0.28	-0.07	-0.34	-0.25		CFHCX
	HIICX	HIIFX	HIIIX	MLXCX	MLXAX	MLXIX	CWXIX	CWXCX	CWXAX	CFHCX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

HIIFX	+ 1.0	HIICX
MLXAX	+ 1.0	MLXCX
MLXIX	+ 1.0	MLXCX
MLXIX	+ 1.0	MLXAX
HIIIX	+ 0.99	HIICX
HIIIX	+ 0.99	HIIFX

High negative correlations

CWXCX	- 0.53	HIICX
CWXCX	- 0.52	HIIIX
CWXCX	- 0.52	HIIFX
CWXCX	- 0.5	MLXIX
CWXCX	- 0.5	MLXAX
CWXCX	- 0.5	MLXCX

Risk-Adjusted Indicators

There is a big difference between Catalyst Mutual Fund performing well and Catalyst Exceed 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'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
HIICX	0.19	0.02	(0.27)	0.29	0.00	(0.35)	0.54	(0.27)	1.08
HIIFX	0.19	0.03	(0.24)	0.32	0.00	(0.35)	0.54	(0.27)	1.09
HIIIX	0.19	0.03	(0.23)	0.30	0.00	(0.36)	0.54	(0.27)	1.33
MLXCX	0.76	0.26	0.24	0.63	0.39	(0.95)	1.92	(1.17)	5.28
MLXAX	0.76	0.26	0.25	0.63	0.38	(0.95)	1.93	(1.17)	5.26
MLXIX	0.76	0.26	0.25	0.63	0.38	(0.95)	1.92	(1.13)	5.28
CWXIX	0.04	0.00	(0.56)	0.14	0.05	(0.20)	0.11	(0.11)	1.16
CWXCX	0.05	0.00	(0.71)	0.16	0.08	(0.19)	0.12	(0.12)	1.04
CWXAX	0.04	0.00	(0.66)	0.18	0.05	(0.20)	0.11	(0.11)	0.97
CFHCX	0.63	0.02	(0.09)	0.22	0.82	(0.66)	1.39	(1.51)	3.95

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC