Atac Inflation Correlations

ATCIX Fund

USD 35.35 0.14 0.40%

The current 90-days correlation between Atac Inflation Rotation and Commonwealth Global Fund is 0.65 (i.e., Poor diversification). The correlation of Atac Inflation 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.

Atac Inflation Correlation With Market

Poor diversification

The correlation between Atac Inflation Rotation and DJI is 0.73 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Atac Inflation Rotation 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 Atac Inflation Rotation. 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 Atac Mutual Fund

1.0

ATACX

Atac Inflation Rotation

Pair Corr

Moving against Atac Mutual Fund

0.44

MCD

McDonalds Fiscal Year End 3rd of February 2025

Pair Corr

Related Correlations Analysis

	CNGLX	BXFIX	DHGCX	LFLCX	AGAZX	DBLGX	WRLDX
CNGLX		0.13	0.02	0.14	0.65	-0.05	0.74	CNGLX
BXFIX	0.13		-0.65	-0.55	0.41	-0.82	0.64	BXFIX
DHGCX	0.02	-0.65		0.94	-0.28	0.89	-0.22	DHGCX
LFLCX	0.14	-0.55	0.94		-0.03	0.88	-0.08	LFLCX
AGAZX	0.65	0.41	-0.28	-0.03		-0.24	0.65	AGAZX
DBLGX	-0.05	-0.82	0.89	0.88	-0.24		-0.46	DBLGX
WRLDX	0.74	0.64	-0.22	-0.08	0.65	-0.46		WRLDX
	CNGLX	BXFIX	DHGCX	LFLCX	AGAZX	DBLGX	WRLDX

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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

LFLCX	+ 0.94	DHGCX
DBLGX	+ 0.89	DHGCX
DBLGX	+ 0.88	LFLCX
WRLDX	+ 0.74	CNGLX
AGAZX	+ 0.65	CNGLX
WRLDX	+ 0.65	AGAZX

High negative correlations

DBLGX	- 0.82	BXFIX
DHGCX	- 0.65	BXFIX
LFLCX	- 0.55	BXFIX
WRLDX	- 0.46	DBLGX
AGAZX	- 0.28	DHGCX
DBLGX	- 0.24	AGAZX

Risk-Adjusted Indicators

There is a big difference between Atac Mutual Fund performing well and Atac Inflation 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 Atac Inflation'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
CNGLX	0.54	(0.10)	(0.15)	0.00	0.78	(0.52)	1.04	(1.18)	3.68
BXFIX	0.07	0.03	0.00	1.98	0.00	0.00	0.12	0.00	0.81
DHGCX	0.16	0.00	(0.68)	0.37	0.16	(0.19)	0.35	(0.25)	0.96
LFLCX	0.18	(0.01)	(0.54)	(0.35)	0.19	(0.22)	0.32	(0.32)	1.16
AGAZX	0.31	(0.05)	(0.34)	(0.01)	0.34	(0.39)	0.64	(0.62)	2.03
DBLGX	0.29	(0.03)	0.00	0.47	0.00	0.00	0.60	(0.57)	1.77
WRLDX	0.49	(0.02)	(0.13)	0.09	0.45	(0.55)	0.92	(0.97)	2.75

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