Rational Inflation Correlations

IGOAX Fund

USD 9.49 0.00 0.00%

The current 90-days correlation between Rational Inflation Growth and Aqr Long Short Equity is -0.02 (i.e., Good diversification). The correlation of Rational Inflation 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 Inflation Correlation With Market

Good diversification

The correlation between Rational Inflation Growth and DJI is -0.12 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rational Inflation Growth 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. 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 nation.

Moving together with Rational Mutual Fund

0.84	RFXIX	Rational Special Sit	Pair Corr
0.82	RFXCX	Rational Special Sit	Pair Corr
0.83	RFXAX	Rational Special Sit	Pair Corr
0.9	HRSTX	Rational Real Strategies	Pair Corr
0.9	HRSAX	Rational Real Strategies	Pair Corr
0.9	HRSFX	Rational Real Strategies	Pair Corr
0.82	HSUAX	Rational Defensive Growth	Pair Corr
0.82	HSUCX	Rational Defensive Growth	Pair Corr
0.82	HSUTX	Rational Defensive Growth	Pair Corr
1.0	IGOCX	Rational Inflation Growth	Pair Corr
1.0	IGOIX	Rational Inflation Growth	Pair Corr
0.8	HDCAX	Rational Dividend Capture	Pair Corr
0.8	HDCEX	Rational Dividend Capture	Pair Corr
0.81	HDCTX	Rational Dividend Capture	Pair Corr
0.86	PBXIX	Rationalpier 88 Conv	Pair Corr
0.85	PBXCX	Rationalpier 88 Conv	Pair Corr
0.86	PBXAX	Rationalpier 88 Conv	Pair Corr
0.74	FBONX	American Funds American	Pair Corr
0.74	FBAFX	American Funds American	Pair Corr
0.73	ABALX	American Balanced	Pair Corr
0.73	BALCX	American Balanced	Pair Corr
0.73	BALFX	American Balanced	Pair Corr
0.73	RLBCX	American Balanced	Pair Corr
0.72	RLBBX	American Balanced	Pair Corr
0.74	CLBAX	American Balanced	Pair Corr
0.73	CLBEX	American Balanced	Pair Corr
0.75	RLBFX	American Balanced	Pair Corr
0.66	FTYPX	Fidelity Freedom Index	Pair Corr
0.63	FFBTX	Fidelity Freedom Blend	Pair Corr

Moving against Rational Mutual Fund

0.74	GABFX	Gmo Asset Allocation	Pair Corr
0.54	GAAVX	Gmo Alternative Allo	Pair Corr

Related Correlations Analysis

	QLENX	GTLSX	PRNHX	LIOTX	EICVX	RTOUX	SMPIX
QLENX		0.88	0.84	0.75	0.74	0.84	0.57	QLENX
GTLSX	0.88		0.85	0.65	0.62	0.86	0.54	GTLSX
PRNHX	0.84	0.85		0.8	0.81	0.9	0.72	PRNHX
LIOTX	0.75	0.65	0.8		0.77	0.81	0.9	LIOTX
EICVX	0.74	0.62	0.81	0.77		0.83	0.7	EICVX
RTOUX	0.84	0.86	0.9	0.81	0.83		0.74	RTOUX
SMPIX	0.57	0.54	0.72	0.9	0.7	0.74		SMPIX
	QLENX	GTLSX	PRNHX	LIOTX	EICVX	RTOUX	SMPIX

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Risk-Adjusted Indicators

There is a big difference between Rational Mutual Fund performing well and Rational Inflation 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 Inflation'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
QLENX	0.32	0.09	(0.01)	(1.69)	0.20	(0.39)	0.76	(0.57)	2.17
GTLSX	0.31	0.05	(0.09)	3.62	0.22	(0.37)	0.71	(0.50)	2.57
PRNHX	0.77	0.03	0.03	0.11	1.03	(0.77)	1.50	(1.29)	6.84
LIOTX	0.63	0.08	0.01	1.42	0.74	(0.73)	1.23	(1.28)	3.97
EICVX	0.45	0.00	(0.08)	0.08	0.40	(0.52)	1.09	(0.71)	2.12
RTOUX	0.81	0.07	(0.01)	2.47	0.89	(0.90)	2.02	(1.45)	6.26
SMPIX	2.80	0.12	0.00	(0.56)	4.08	(2.47)	5.38	(6.39)	18.07

Rational Inflation Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Rational Inflation mutual fund to make a market-neutral strategy. Peer analysis of Rational Inflation could also be used in its relative valuation, which is a method of valuing Rational Inflation by comparing valuation metrics with similar companies.

Aqr Long Short Equity Quantitative Longshort Equity T Rowe Price Issachar Fund Class Eic Value Fund Tax Managed Mid Small Semiconductor Ultrasector Profund American Airlines Group Alcoa Corp Apple Inc Best Buy Co Citigroup SentinelOne CVS Health Corp Chevron Corp

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