Rational Real Correlations

HRSFX Fund

USD 16.13 0.01 0.06%

The current 90-days correlation between Rational Real Strategies and Ms Global Fixed is 0.12 (i.e., Average diversification). The correlation of Rational Real 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.

Rational Real Correlation With Market

Weak diversification

The correlation between Rational Real Strategies and DJI is 0.31 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rational Real Strategies and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Rational Real Strategies. 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 census.

Moving together with Rational Mutual Fund

0.95	HRSTX	Rational Real Strategies	Pair Corr
0.98	HRSAX	Rational Real Strategies	Pair Corr
0.65	PBXIX	Rationalpier 88 Conv	Pair Corr

Moving against Rational Mutual Fund

0.58	TTP	Tortoise Pipeline And	Pair Corr
0.44	IWRFX	Voya Russia Fund	Pair Corr
0.44	LETRX	Voya Russia Fund	Pair Corr

Related Correlations Analysis

	MFIRX	MPHSX	BBINX	TTRBX	CWFIX	BXHCX
MFIRX		0.85	0.55	0.69	0.91	0.81	MFIRX
MPHSX	0.85		0.63	0.74	0.9	0.93	MPHSX
BBINX	0.55	0.63		0.76	0.38	0.75	BBINX
TTRBX	0.69	0.74	0.76		0.53	0.69	TTRBX
CWFIX	0.91	0.9	0.38	0.53		0.83	CWFIX
BXHCX	0.81	0.93	0.75	0.69	0.83		BXHCX
	MFIRX	MPHSX	BBINX	TTRBX	CWFIX	BXHCX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Rational Mutual Fund performing well and Rational Real 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 Rational Real'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
MFIRX	0.10	0.01	(0.32)	0.44	0.00	(0.23)	0.19	(0.19)	0.77
MPHSX	0.12	0.02	(0.28)	0.60	0.00	(0.20)	0.37	(0.25)	1.11
BBINX	0.14	0.00	(0.27)	0.87	0.17	(0.20)	0.30	(0.29)	1.27
TTRBX	0.15	(0.01)	(0.48)	(0.11)	0.14	(0.20)	0.41	(0.30)	1.01
CWFIX	0.08	0.01	(0.51)	0.65	0.00	(0.13)	0.21	(0.11)	0.42
BXHCX	0.12	0.02	(0.29)	(1.58)	0.00	(0.20)	0.37	(0.25)	1.11

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

2024 Macroaxis LLC