Catalyst Hedged Correlations

CFHCX Fund

USD 8.97 0.13 1.43%

The current 90-days correlation between Catalyst Hedged Modity and Western Asset High is 0.1 (i.e., Average diversification). The correlation of Catalyst Hedged 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 Hedged Correlation With Market

Average diversification

The correlation between Catalyst Hedged Modity and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Catalyst Hedged Modity 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 Hedged Modity. 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

1.0	CFHAX	Catalyst Hedged Modity	Pair Corr
1.0	CFHIX	Catalyst Hedged Modity	Pair Corr
0.62	SHIIX	Catalyst/exceed Defined	Pair Corr
0.62	SHIEX	Catalyst/exceed Defined	Pair Corr
0.62	SHINX	Catalyst/exceed Defined	Pair Corr
0.63	CLPCX	Catalyst Exceed Defined	Pair Corr
0.63	CLPAX	Catalyst Exceed Defined	Pair Corr
0.63	CLPFX	Catalyst Exceed Defined	Pair Corr
0.65	CLTIX	Catalyst/lyons Tactical	Pair Corr
0.65	CLTCX	Catalyst/lyons Tactical	Pair Corr
0.65	CLTAX	Catalyst/lyons Tactical	Pair Corr
0.85	DCXIX	Catalystmillburn Dyn	Pair Corr
0.84	DCXCX	Catalystmillburn Dyn	Pair Corr

Related Correlations Analysis

	WAHSX	AWF	FHAIX	CABIX	APDFX	LBETX	CBSYX
WAHSX		0.11	0.88	0.45	0.97	0.75	0.43	WAHSX
AWF	0.11		0.25	0.62	0.03	-0.23	0.66	AWF
FHAIX	0.88	0.25		0.66	0.84	0.67	0.61	FHAIX
CABIX	0.45	0.62	0.66		0.39	0.25	0.9	CABIX
APDFX	0.97	0.03	0.84	0.39		0.82	0.38	APDFX
LBETX	0.75	-0.23	0.67	0.25	0.82		0.27	LBETX
CBSYX	0.43	0.66	0.61	0.9	0.38	0.27		CBSYX
	WAHSX	AWF	FHAIX	CABIX	APDFX	LBETX	CBSYX

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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

APDFX	+ 0.97	WAHSX
CBSYX	+ 0.9	CABIX
FHAIX	+ 0.88	WAHSX
APDFX	+ 0.84	FHAIX
LBETX	+ 0.82	APDFX
LBETX	+ 0.75	WAHSX

High negative correlations

LBETX

- 0.23

AWF

Risk-Adjusted Indicators

There is a big difference between Catalyst Mutual Fund performing well and Catalyst Hedged 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 Hedged'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
WAHSX	0.13	0.03	(0.49)	(3.53)	0.00	(0.25)	0.43	(0.14)	0.86
AWF	0.33	(0.02)	(0.27)	0.02	0.38	(0.39)	0.73	(0.74)	1.91
FHAIX	0.10	0.01	0.00	0.55	0.00	0.00	0.57	0.00	1.15
CABIX	0.32	0.00	(0.28)	(0.87)	0.39	(0.38)	0.69	(0.73)	2.27
APDFX	0.12	0.03	(0.57)	0.54	0.00	(0.18)	0.33	(0.22)	0.90
LBETX	0.22	(0.01)	(0.23)	0.10	0.21	(0.27)	0.54	(0.52)	1.43
CBSYX	0.33	(0.03)	(0.25)	0.05	0.35	(0.39)	0.69	(0.67)	2.27

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