Simplify Macro Correlations

FIG Etf

USD 20.69 0.00 0.00%

The current 90-days correlation between Simplify Macro Strategy and Lazard is 0.06 (i.e., Significant diversification). The correlation of Simplify Macro 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.

Simplify Macro Correlation With Market

Average diversification

The correlation between Simplify Macro Strategy and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Simplify Macro Strategy 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 Simplify Macro Strategy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Simplify Etf

0.7	AOR	iShares Core Growth	Pair Corr
0.75	GDMA	Alpha Architect Gdsdn	Pair Corr
0.61	RAAX	VanEck Inflation All	Pair Corr
0.72	MPRO	Northern Lights	Pair Corr
0.63	UPAR	Tidal ETF Trust	Pair Corr
0.75	EWC	iShares MSCI Canada	Pair Corr
0.71	PPT	Putnam Premier Income	Pair Corr
0.68	ASET	FlexShares Real Assets	Pair Corr
0.66	ITA	iShares Aerospace Defense	Pair Corr
0.66	XLV	Health Care Select	Pair Corr
0.62	GSIE	Goldman Sachs ActiveBeta	Pair Corr
0.67	EWD	iShares MSCI Sweden	Pair Corr

Moving against Simplify Etf

0.46

SDS

ProShares UltraShort Buyout Trend

Pair Corr

Related Correlations Analysis

	MBI	LAZ	BX	MTG	GHL
MBI		0.66	0.49	0.35	0.0	MBI
LAZ	0.66		0.83	0.49	0.0	LAZ
BX	0.49	0.83		0.44	0.0	BX
MTG	0.35	0.49	0.44		0.0	MTG
GHL	0.0	0.0	0.0	0.0		GHL
	MBI	LAZ	BX	MTG	GHL

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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

BX	+ 0.83	LAZ
LAZ	+ 0.66	MBI
BX	+ 0.49	MBI
MTG	+ 0.49	LAZ
MTG	+ 0.44	BX
MTG	+ 0.35	MBI

High negative correlations

GHL	- 0.0	MTG
GHL	- 0.0	BX
GHL	- 0.0	LAZ
GHL	- 0.0	MBI

Simplify Macro Constituents Risk-Adjusted Indicators

There is a big difference between Simplify Etf performing well and Simplify Macro ETF 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 Simplify Macro'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	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
MBI	2.88	(0.57)	(0.87)	3.75	(6.83)	28.95
LAZ	2.39	(0.17)	(0.24)	4.04	(5.43)	21.13
BX	1.99	(0.17)	(0.26)	3.19	(4.92)	14.75
MTG	1.20	0.15	(0.02)	2.17	(3.15)	8.19
GHL	0.00	0.00	0.00	0.00	0.00	0.00

Trending Assets

LAZ

Lazard

35.24 -3.38 -8.75

Blackstone Group

125.04 -8.06 -6.06

GHL

Greenhill

0.00 0.00 0.00

MBI

MBIA Inc

4.32 -0.18 -4

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