Bts Managed Correlations

Mutual Funds . USA . 
Fund . Bts Managed Income
BTSIX Fund  USD 9.65  0.02  0.21%   
The current 90-days correlation between Bts Managed Income and Bts Enhanced Equity is 0.02 (i.e., Significant diversification). The correlation of Bts 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.

Bts Managed Correlation With Market

Almost no diversification

The correlation between Bts Managed Income and DJI is 0.92 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bts Managed Income 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 Managed 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 gross domestic product.

Moving together with Bts Mutual Fund

  0.97BTFRX Bts Tactical FixedPairCorr
  0.98BTFIX Bts Tactical FixedPairCorr
  0.97BTFCX Bts Tactical FixedPairCorr
  0.97BTFAX Bts Tactical FixedPairCorr
  1.0BTSCX Bts Managed IncomePairCorr
  0.98BTSAX Bts Managed IncomePairCorr
  1.0BTSRX Bts Managed IncomePairCorr
  0.93EEQAX Bts Enhanced EquityPairCorr
  0.94EEQIX Bts Enhanced EquityPairCorr
  0.94BSICX Blackrock Strategic OppsPairCorr
  0.94BASIX Blackrock Strategic OppsPairCorr
  0.95BSIIX Blackrock StrategicPairCorr
  0.95BSIKX Blackrock StrategicPairCorr
  0.96JSORX Jpmorgan Strategic IncomePairCorr
  0.93PMZNX Pimco Mortgage OpporPairCorr
  0.92PMZCX Pimco Mortgage OpporPairCorr
  0.92PMZAX Pimco Mortgage OpporPairCorr
  0.96JSOZX Jpmorgan Strategic IncomePairCorr
  0.97JSOCX Jpmorgan Strategic IncomePairCorr
  0.93FSMMX Fs Multi StrategyPairCorr
  0.93BTMPX Ishares Msci EafePairCorr
  0.96BTMKX Blackrock InternationalPairCorr
  0.96MDIIX Blackrock Intern IndexPairCorr
  0.85SPMPX Invesco Steelpath MlpPairCorr
  0.86MLPNX Oppenheimer Steelpath MlpPairCorr
  0.85MLPMX Oppenheimer Steelpath MlpPairCorr
  0.85SPMJX Invesco Steelpath MlpPairCorr
  0.94MNOSX Manning Napier OverseasPairCorr
  0.92BCSAX Blackrock CommodityPairCorr
  0.78ACCWX Invesco Porate BondPairCorr
  0.81TIRGX T Rowe PricePairCorr
  0.93HLDAX Hartford EmergingPairCorr
  0.94MACHX Mutual Of AmericaPairCorr
  0.93RHDTX American Funds 2025PairCorr
  0.92VFSTX Vanguard Short TermPairCorr
  0.85LEQCX Locorr Dynamic EquityPairCorr
  0.96RNRPX American Funds RetirementPairCorr
  0.95BRXCX Mfs Blended ResearchPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Bts Mutual Fund performing well and Bts 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 Bts 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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
BTFRX  0.15  0.00 (0.11) 0.06  0.10 
(0.19)
 0.40 
(0.26)
 0.92 
BTFIX  0.15  0.01 (0.07) 0.08  0.05 
(0.21)
 0.40 
(0.27)
 0.92 
BTFCX  0.15  0.00 (0.10) 0.06  0.09 
(0.20)
 0.27 
(0.27)
 1.06 
BTFAX  0.14  0.02 (0.07) 0.30  0.00 
(0.19)
 0.39 
(0.26)
 0.92 
BTSIX  0.15  0.02 (0.04) 0.12  0.00 
(0.21)
 0.32 
(0.21)
 1.05 
BTSCX  0.17  0.01 (0.07) 0.10  0.00 
(0.23)
 0.42 
(0.32)
 1.05 
BTSAX  0.16  0.03 (0.03) 0.63  0.00 
(0.22)
 0.42 
(0.32)
 0.94 
BTSRX  0.16  0.01 (0.05) 0.10  0.04 
(0.21)
 0.42 
(0.32)
 1.05 
EEQAX  0.41  0.10  0.13  1.68  0.25 
(0.50)
 1.06 
(0.76)
 2.59 
EEQIX  0.41  0.11  0.13  2.18  0.26 
(0.50)
 1.06 
(0.80)
 2.48 

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
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY