Catalyst/millburn Correlations

DCXIX Fund

USD 9.24 0.00 0.00%

The current 90-days correlation between Catalystmillburn Dyn and Catalystsmh High Income is 0.19 (i.e., Average diversification). The correlation of Catalyst/millburn 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/millburn Correlation With Market

Significant diversification

The correlation between Catalystmillburn Dynamic Commo and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Catalystmillburn Dynamic Commo 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 Catalystmillburn Dynamic Commodity. 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 Catalyst/millburn Mutual Fund

0.71	CFHCX	Catalyst Hedged Modity	Pair Corr
0.72	CFHAX	Catalyst Hedged Modity	Pair Corr
0.71	CFHIX	Catalyst Hedged Modity	Pair Corr
0.71	CFRIX	Catalyst/princeton	Pair Corr
0.65	CFRFX	Catalyst/cifc Floating	Pair Corr
0.62	CFRCX	Catalyst/princeton	Pair Corr
0.68	CFRAX	Catalyst/princeton	Pair Corr
1.0	DCXCX	Catalystmillburn Dyn	Pair Corr

Related Correlations Analysis

	HIICX	HIIFX	HIIIX	MLXCX	MLXAX	MLXIX	CWXIX	CWXCX	CWXAX	CFHCX
HIICX		0.99	0.99	0.37	0.36	0.36	-0.65	-0.71	-0.68	0.22	HIICX
HIIFX	0.99		0.99	0.33	0.33	0.33	-0.57	-0.64	-0.61	0.3	HIIFX
HIIIX	0.99	0.99		0.34	0.34	0.33	-0.58	-0.64	-0.61	0.29	HIIIX
MLXCX	0.37	0.33	0.34		1.0	1.0	-0.39	-0.42	-0.37	0.09	MLXCX
MLXAX	0.36	0.33	0.34	1.0		1.0	-0.37	-0.41	-0.36	0.1	MLXAX
MLXIX	0.36	0.33	0.33	1.0	1.0		-0.37	-0.4	-0.35	0.11	MLXIX
CWXIX	-0.65	-0.57	-0.58	-0.39	-0.37	-0.37		0.99	0.99	0.4	CWXIX
CWXCX	-0.71	-0.64	-0.64	-0.42	-0.41	-0.4	0.99		0.99	0.32	CWXCX
CWXAX	-0.68	-0.61	-0.61	-0.37	-0.36	-0.35	0.99	0.99		0.36	CWXAX
CFHCX	0.22	0.3	0.29	0.09	0.1	0.11	0.4	0.32	0.36		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

MLXAX	+ 1.0	MLXCX
MLXIX	+ 1.0	MLXCX
MLXIX	+ 1.0	MLXAX
HIIFX	+ 0.99	HIICX
HIIIX	+ 0.99	HIICX
HIIIX	+ 0.99	HIIFX

High negative correlations

CWXCX	- 0.71	HIICX
CWXAX	- 0.68	HIICX
CWXIX	- 0.65	HIICX
CWXCX	- 0.64	HIIIX
CWXCX	- 0.64	HIIFX
CWXAX	- 0.61	HIIIX

Risk-Adjusted Indicators

There is a big difference between Catalyst/millburn Mutual Fund performing well and Catalyst/millburn 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/millburn'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	0.28	(0.02)	0.00	(0.13)	0.00	0.00	0.54	(0.54)	1.64
HIIFX	0.30	(0.02)	0.00	(0.10)	0.00	0.00	0.55	(0.81)	1.91
HIIIX	0.27	(0.02)	0.00	(0.11)	0.00	0.00	0.55	(0.81)	1.92
MLXCX	1.19	0.12	0.08	0.09	1.43	(1.31)	2.56	(2.57)	6.91
MLXAX	1.20	0.12	0.09	0.09	1.44	(1.32)	2.54	(2.60)	6.92
MLXIX	1.19	0.12	0.09	0.10	1.43	(1.32)	2.53	(2.59)	6.88
CWXIX	0.05	0.00	0.42	(0.03)	0.00	(0.15)	0.11	(0.11)	0.54
CWXCX	0.05	(0.01)	0.35	0.07	0.00	(0.15)	0.12	(0.12)	0.47
CWXAX	0.06	0.00	0.42	0.00	0.00	(0.17)	0.22	(0.11)	0.66
CFHCX	0.29	0.01	0.07	0.11	0.41	(0.74)	0.84	(0.93)	4.37

Trending Assets

CWXAX

Catalyst/warrington

9.12 0.01 0.11

HIIFX

Catalystsmh High Income

3.59 -0.05 -1.37

HIIIX

Catalystsmh High Income

3.60 -0.04 -1.1

CWXIX

Catalyst/warrington

9.34 0.02 0.21

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