Quantified Pattern Correlations

QSPMX Fund

USD 12.60 0.02 0.16%

The current 90-days correlation between Quantified Pattern and Spectrum Advisors Preferred is 0.22 (i.e., Modest diversification). The correlation of Quantified Pattern 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 Pattern Correlation With Market

Very weak diversification

The correlation between Quantified Pattern Recognition and DJI is 0.41 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Quantified Pattern Recognition 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 Pattern Recognition. 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 population.

Moving together with Quantified Mutual Fund

0.81	QMLAX	Quantified Market Leaders	Pair Corr
0.81	QMLFX	Quantified Market Leaders	Pair Corr
0.71	QRDTX	Quantified Rising	Pair Corr
0.81	QTSSX	Quantified Tactical	Pair Corr
0.72	QCGDX	Quantified Common Ground	Pair Corr
0.61	QEVOX	Quantified Evolution Plus	Pair Corr
0.71	KAMAX	Kensington Managed Income	Pair Corr
0.67	KAMCX	Kensington Managed Income	Pair Corr
0.72	KAMIX	Kensington Managed Income	Pair Corr
0.89	VTSAX	Vanguard Total Stock	Pair Corr
0.87	VFIAX	Vanguard 500 Index	Pair Corr
0.89	VTSMX	Vanguard Total Stock	Pair Corr
0.89	VITSX	Vanguard Total Stock	Pair Corr
0.89	VSMPX	Vanguard Total Stock	Pair Corr
0.89	VSTSX	Vanguard Total Stock	Pair Corr
0.87	VFINX	Vanguard 500 Index	Pair Corr
0.87	VFFSX	Vanguard 500 Index	Pair Corr
0.87	VINIX	Vanguard Institutional	Pair Corr
0.87	VIIIX	Vanguard Institutional	Pair Corr
0.67	WAEXX	Western Asset Premier	Pair Corr
0.73	FSUTX	Utilities Portfolio	Pair Corr

Moving against Quantified Mutual Fund

0.62	QFITX	Quantified Tactical Fixed	Pair Corr
0.38	OTRGX	Ontrack E Fund	Pair Corr
0.34	OTRFX	Ontrack E Fund	Pair Corr
0.36	VGTSX	Vanguard Total Inter	Pair Corr
0.36	VTIAX	Vanguard Total Inter	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 Pattern 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 Pattern'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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