Catalyst Mlp Correlations
| MLXAX Fund | USD 26.46 0.02 0.08% |
The current 90-days correlation between Catalyst Mlp Infrast and Ab Bond Inflation is 0.01 (i.e., Significant diversification). The correlation of Catalyst Mlp 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 Mlp Correlation With Market
Very weak diversification
The correlation between Catalyst Mlp Infrastructure and DJI is 0.47 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Catalyst Mlp Infrastructure and DJI in the same portfolio, assuming nothing else is changed.
Catalyst |
Moving together with Catalyst Mutual Fund
| 0.94 | TORCX | Tortoise Mlp Pipeline | PairCorr |
| 0.93 | MLPDX | Oppenheimer Steelpath Mlp | PairCorr |
| 0.93 | MLPRX | Oppenheimer Steelpath Mlp | PairCorr |
| 0.96 | MLPTX | Oppenheimer Steelpath Mlp | PairCorr |
| 0.96 | OSPSX | Oppenheimer Steelpath Mlp | PairCorr |
| 0.93 | MLPZX | Oppenheimer Steelpath Mlp | PairCorr |
| 0.93 | OSPMX | Oppenheimer Steelpath Mlp | PairCorr |
| 0.95 | GMLPX | Goldman Sachs Mlp | PairCorr |
| 0.95 | GLPIX | Goldman Sachs Mlp | PairCorr |
| 0.95 | GLPRX | Goldman Sachs Mlp | PairCorr |
| 0.79 | LABPX | Lord Abbett Balanced | PairCorr |
| 0.77 | RNPFX | New Perspective | PairCorr |
| 0.8 | CWIAX | Capital World Growth | PairCorr |
| 0.81 | IVGSX | Vy Invesco Growth | PairCorr |
| 0.91 | FCSDX | Fidelity Strategic | PairCorr |
| 0.7 | HFACX | Henderson Strategic | PairCorr |
| 0.76 | SSVIX | Columbia Select Smaller | PairCorr |
| 0.77 | RNPAX | New Perspective | PairCorr |
| 0.79 | TPPAX | T Rowe Price | PairCorr |
| 0.74 | SSTHX | Wells Fargo Short | PairCorr |
| 0.78 | LSYFX | Lord Abbett Short | PairCorr |
| 0.77 | HUSEX | Huber Capital Small | PairCorr |
| 0.83 | VWITX | Vanguard Intermediate | PairCorr |
| 0.84 | RGBLX | American Funds Global | PairCorr |
| 0.8 | IMLAX | Transamerica Asset | PairCorr |
| 0.63 | ASPCX | Alger Spectra | PairCorr |
| 0.8 | LGWAX | Ladenburg Growth | PairCorr |
| 0.82 | RYTLX | Telecommunications Steady Growth | PairCorr |
| 0.82 | PTSRX | Short Term Fund | PairCorr |
Moving against Catalyst Mutual Fund
| 0.7 | NXJ | Nuveen New Jersey | PairCorr |
| 0.54 | XNBHX | Neuberger Berman Int | PairCorr |
| 0.52 | XNXJX | Nuveen New Jersey | PairCorr |
| 0.51 | XDSMX | Dreyfus Strategic | PairCorr |
Related Correlations Analysis
| 0.91 | 0.92 | 0.86 | 0.7 | BXDCX | ||
| 0.91 | 0.96 | 0.91 | 0.68 | OKMUX | ||
| 0.92 | 0.96 | 0.97 | 0.73 | AXBIX | ||
| 0.86 | 0.91 | 0.97 | 0.68 | TFBIX | ||
| 0.7 | 0.68 | 0.73 | 0.68 | ABNTX | ||
Risk-Adjusted Indicators
There is a big difference between Catalyst Mutual Fund performing well and Catalyst Mlp 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 Mlp'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BXDCX | 0.05 | 0.00 | (0.33) | 0.23 | 0.00 | 0.11 | 0.54 | |||
| OKMUX | 0.06 | 0.01 | (0.20) | (0.77) | 0.00 | 0.28 | 0.66 | |||
| AXBIX | 0.07 | 0.00 | (0.30) | 0.00 | 0.00 | 0.28 | 0.56 | |||
| TFBIX | 0.07 | 0.00 | (0.21) | 0.22 | 0.00 | 0.20 | 0.69 | |||
| ABNTX | 0.07 | (0.01) | (0.37) | (0.32) | 0.06 | 0.10 | 0.39 |