Catalyst Enhanced Correlations

EIXAX Fund

USD 8.15 0.03 0.37%

The current 90-days correlation between Catalyst Enhanced Income and Catalystsmh High Income is 0.23 (i.e., Modest diversification). The correlation of Catalyst Enhanced 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 Enhanced Correlation With Market

Good diversification

The correlation between Catalyst Enhanced Income and DJI is -0.14 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Catalyst Enhanced Income and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Catalyst Enhanced Income. 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 nation.

Moving together with Catalyst Mutual Fund

0.65	ATRFX	Catalyst Intelligent	Pair Corr
0.67	ATRCX	Catalyst Intelligent	Pair Corr
0.66	ATRAX	Catalyst Intelligent	Pair Corr

Moving against Catalyst Mutual Fund

0.89	MBXAX	Catalystmillburn Hedge	Pair Corr
0.85	CFRCX	Catalyst/princeton	Pair Corr
0.84	CFRIX	Catalyst/princeton	Pair Corr
0.84	CFRAX	Catalyst/princeton	Pair Corr
0.8	MLXCX	Catalyst Mlp Infrast	Pair Corr
0.8	MLXAX	Catalyst Mlp Infrast	Pair Corr
0.8	MLXIX	Catalyst Mlp Infrast	Pair Corr
0.66	HIIIX	Catalystsmh High Income	Pair Corr
0.65	HIICX	Catalystsmh High Income	Pair Corr
0.65	HIIFX	Catalystsmh High Income	Pair Corr
0.65	INSAX	Catalyst Insider Buying	Pair Corr
0.65	INSIX	Catalyst Insider Buying	Pair Corr
0.65	CLPFX	Catalyst Exceed Defined	Pair Corr
0.64	INSCX	Catalyst Insider Buying	Pair Corr
0.64	CLPAX	Catalyst Exceed Defined	Pair Corr
0.63	CLPCX	Catalyst Exceed Defined	Pair Corr
0.61	SHIIX	Catalyst/exceed Defined	Pair Corr
0.61	SHIEX	Catalyst/exceed Defined	Pair Corr
0.6	SHINX	Catalyst/exceed Defined	Pair Corr
0.51	CLTIX	Catalyst/lyons Tactical	Pair Corr
0.51	CLTAX	Catalyst/lyons Tactical	Pair Corr
0.49	CLTCX	Catalyst/lyons Tactical	Pair Corr
0.89	MBXFX	Catalystmillburn Hedge	Pair Corr
0.89	MBXCX	Catalystmillburn Hedge	Pair Corr
0.89	MBXIX	Catalystmillburn Hedge	Pair Corr
0.81	JSORX	Jpmorgan Strategic Income	Pair Corr
0.8	IIXAX	Catalyst Insider Income	Pair Corr
0.79	IIXCX	Catalyst Insider Income	Pair Corr
0.79	IIXIX	Catalyst Insider Income	Pair Corr
0.79	JSOZX	Jpmorgan Strategic Income	Pair Corr
0.71	CPEAX	Catalyst Dynamic Alpha	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

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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 Enhanced 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 Enhanced'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

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