Arrow Managed Correlations

MFTNX Fund

USD 5.70 0.01 0.18%

The current 90-days correlation between Arrow Managed Futures and Arrow Dwa Tactical is 0.54 (i.e., Very weak diversification). The correlation of Arrow Managed 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.

Arrow Managed Correlation With Market

Very weak diversification

The correlation between Arrow Managed Futures and DJI is 0.48 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Arrow Managed Futures and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Arrow Managed Futures. 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 board of governors.

Moving together with Arrow Mutual Fund

1.0	MFTFX	Arrow Managed Futures	Pair Corr
0.83	PQTAX	Pimco Trends Managed	Pair Corr
0.83	PQTNX	Pimco Trends Managed	Pair Corr
0.94	AMFNX	Asg Managed Futures	Pair Corr
0.92	ABYCX	Abbey Capital Futures	Pair Corr
0.92	ABYAX	Abbey Capital Futures	Pair Corr
0.92	ABYIX	Abbey Capital Futures	Pair Corr
0.95	AMFAX	Asg Managed Futures	Pair Corr
0.95	ASFYX	Asg Managed Futures	Pair Corr

Moving against Arrow Mutual Fund

0.48	INPIX	Internet Ultrasector	Pair Corr
0.48	INPSX	Internet Ultrasector	Pair Corr
0.44	DWTFX	Arrow Dwa Tactical	Pair Corr
0.43	DXQLX	Direxion Monthly Nasdaq	Pair Corr
0.43	RYVLX	Nasdaq 100 2x	Pair Corr
0.43	RYVYX	Nasdaq 100 2x	Pair Corr
0.43	UOPIX	Ultra Nasdaq 100	Pair Corr
0.43	RYCCX	Nasdaq 100 2x	Pair Corr
0.43	UOPSX	Ultranasdaq 100 Profund	Pair Corr
0.56	CSCO	Cisco Systems Sell-off Trend	Pair Corr
0.56	XOM	Exxon Mobil Corp Fiscal Year End 7th of February 2025	Pair Corr
0.52	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.49	CVX	Chevron Corp Sell-off Trend	Pair Corr
0.44	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.43	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.42	BAC	Bank of America Aggressive Push	Pair Corr
0.4	TGLDX	Tocqueville Gold	Pair Corr
0.37	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.37	T	ATT Inc Fiscal Year End 22nd of January 2025	Pair Corr
0.36	AMGIX	Income Growth	Pair Corr
0.32	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr

Related Correlations Analysis

	DWTNX	DWTTX	VFIAX	EOD	FIKAX	CSQ	MSTSX	JRI	CGFFX
DWTNX		1.0	0.98	0.69	0.67	0.98	0.76	0.66	0.98	DWTNX
DWTTX	1.0		0.98	0.69	0.66	0.98	0.77	0.66	0.98	DWTTX
VFIAX	0.98	0.98		0.68	0.69	0.99	0.72	0.71	1.0	VFIAX
EOD	0.69	0.69	0.68		0.61	0.66	0.9	0.6	0.7	EOD
FIKAX	0.67	0.66	0.69	0.61		0.68	0.56	0.39	0.7	FIKAX
CSQ	0.98	0.98	0.99	0.66	0.68		0.71	0.67	0.99	CSQ
MSTSX	0.76	0.77	0.72	0.9	0.56	0.71		0.62	0.73	MSTSX
JRI	0.66	0.66	0.71	0.6	0.39	0.67	0.62		0.72	JRI
CGFFX	0.98	0.98	1.0	0.7	0.7	0.99	0.73	0.72		CGFFX
	DWTNX	DWTTX	VFIAX	EOD	FIKAX	CSQ	MSTSX	JRI	CGFFX

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Risk-Adjusted Indicators

There is a big difference between Arrow Mutual Fund performing well and Arrow Managed 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 Arrow Managed'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
DWTNX	0.48	0.00	(0.04)	0.12	0.65	(0.54)	1.04	(0.91)	3.23
DWTTX	0.51	(0.01)	(0.05)	0.12	0.62	(0.60)	1.07	(0.93)	3.23
VFIAX	0.55	0.01	(0.02)	0.14	0.65	(0.56)	1.17	(1.31)	3.84
EOD	0.51	(0.01)	(0.11)	0.10	0.52	(0.64)	1.22	(1.01)	3.05
FIKAX	0.94	(0.04)	(0.05)	0.07	1.33	(0.90)	2.07	(2.13)	5.82
CSQ	0.57	0.03	0.00	0.17	0.65	(0.62)	1.13	(1.29)	3.77
MSTSX	0.49	(0.03)	(0.12)	0.08	0.50	(0.60)	1.21	(1.02)	2.80
JRI	0.53	0.11	0.01	0.70	0.47	(0.64)	1.28	(0.97)	3.78
CGFFX	0.65	0.03	0.02	0.16	0.84	(0.67)	1.34	(1.66)	4.41

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