Quantified Government Correlations

QGITX Fund

USD 7.04 0.02 0.28%

The current 90-days correlation between Quantified Government and Spectrum Advisors Preferred is -0.09 (i.e., Good diversification). The correlation of Quantified Government 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.

Quantified Government Correlation With Market

Significant diversification

The correlation between Quantified Government Income and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Quantified Government Income and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quantified Government Income. 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 estimate.

Moving together with Quantified Mutual Fund

0.65

QFITX

Quantified Tactical Fixed

Pair Corr

Moving against Quantified Mutual Fund

0.48	SFHYX	Hundredfold Select	Pair Corr
0.47	SUNBX	Spectrum Unconstrained	Pair Corr
0.45	QGLDX	Gold Bullion	Pair Corr
0.45	QGLCX	Gold Bullion	Pair Corr
0.38	SVARX	Spectrum Low Volatility	Pair Corr
0.34	QEVOX	Quantified Evolution Plus	Pair Corr
0.33	OTRFX	Ontrack E Fund	Pair Corr
0.31	OTRGX	Ontrack E Fund	Pair Corr
0.49	AHYDX	High Yield Fund	Pair Corr
0.44	KAMCX	Kensington Managed Income	Pair Corr
0.44	SECPX	Sdit Ultra Short	Pair Corr
0.43	KAMIX	Kensington Managed Income	Pair Corr
0.42	KAMAX	Kensington Managed Income	Pair Corr

Related Correlations Analysis

	SAPEX	OTRFX	OTRGX	SUNBX	QMLAX	QMLFX	SVARX	SFHYX	QRDTX	QALAX
SAPEX		0.26	0.27	0.45	0.56	0.56	0.27	0.73	0.78	0.81	SAPEX
OTRFX	0.26		0.99	0.83	-0.43	-0.43	0.95	0.35	0.05	0.29	OTRFX
OTRGX	0.27	0.99		0.83	-0.44	-0.44	0.95	0.33	0.02	0.29	OTRGX
SUNBX	0.45	0.83	0.83		-0.17	-0.18	0.81	0.66	0.33	0.33	SUNBX
QMLAX	0.56	-0.43	-0.44	-0.17		1.0	-0.33	0.55	0.83	0.55	QMLAX
QMLFX	0.56	-0.43	-0.44	-0.18	1.0		-0.33	0.55	0.83	0.55	QMLFX
SVARX	0.27	0.95	0.95	0.81	-0.33	-0.33		0.42	0.1	0.29	SVARX
SFHYX	0.73	0.35	0.33	0.66	0.55	0.55	0.42		0.85	0.55	SFHYX
QRDTX	0.78	0.05	0.02	0.33	0.83	0.83	0.1	0.85		0.7	QRDTX
QALAX	0.81	0.29	0.29	0.33	0.55	0.55	0.29	0.55	0.7		QALAX
	SAPEX	OTRFX	OTRGX	SUNBX	QMLAX	QMLFX	SVARX	SFHYX	QRDTX	QALAX

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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

QMLFX	+ 1.0	QMLAX
OTRGX	+ 0.99	OTRFX
SVARX	+ 0.95	OTRFX
SVARX	+ 0.95	OTRGX
QRDTX	+ 0.85	SFHYX
SUNBX	+ 0.83	OTRFX

High negative correlations

QMLFX	- 0.44	OTRGX
QMLAX	- 0.44	OTRGX
QMLFX	- 0.43	OTRFX
QMLAX	- 0.43	OTRFX
SVARX	- 0.33	QMLFX
SVARX	- 0.33	QMLAX

Risk-Adjusted Indicators

There is a big difference between Quantified Mutual Fund performing well and Quantified Government 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 Quantified Government'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
SAPEX	0.64	(0.09)	(0.10)	0.02	0.90	(0.65)	1.27	(1.58)	5.02
OTRFX	0.14	(0.02)	0.00	(0.11)	0.00	0.00	0.30	(0.33)	1.48
OTRGX	0.14	(0.02)	0.00	(0.12)	0.00	0.00	0.33	(0.39)	1.02
SUNBX	0.16	(0.01)	(0.45)	(0.03)	0.19	(0.21)	0.42	(0.37)	1.38
QMLAX	1.03	(0.04)	0.03	0.10	1.30	(1.14)	2.18	(2.01)	7.40
QMLFX	1.04	(0.04)	0.03	0.10	1.31	(1.12)	2.32	(2.13)	7.48
SVARX	0.11	(0.01)	(0.63)	(0.09)	0.14	(0.14)	0.29	(0.29)	0.99
SFHYX	0.22	0.00	(0.22)	0.11	0.27	(0.24)	0.48	(0.43)	2.09
QRDTX	0.72	(0.03)	(0.03)	0.09	0.74	(0.78)	1.49	(1.22)	3.78
QALAX	0.30	(0.04)	(0.25)	0.01	0.33	(0.44)	0.87	(0.65)	2.24

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