Quantified Tactical Correlations

QTSSX Fund

USD 7.45 0.04 0.53%

The current 90-days correlation between Quantified Tactical and Spectrum Advisors Preferred is -0.03 (i.e., Good diversification). The correlation of Quantified Tactical 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 Tactical Correlation With Market

Very poor diversification

The correlation between Quantified Tactical Sectors and DJI is 0.88 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Quantified Tactical Sectors 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 Tactical Sectors. 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 state.

Moving together with Quantified Mutual Fund

0.99	QMLAX	Quantified Market Leaders	Pair Corr
0.94	QMLFX	Quantified Market Leaders	Pair Corr
0.87	QRDTX	Quantified Rising	Pair Corr
0.64	QALTX	Quantified Alternative	Pair Corr
0.85	QSPMX	Quantified Pattern	Pair Corr
0.9	QCGDX	Quantified Common Ground	Pair Corr
0.63	QEVOX	Quantified Evolution Plus	Pair Corr
0.97	VTSAX	Vanguard Total Stock	Pair Corr
0.92	VFIAX	Vanguard 500 Index	Pair Corr
0.97	VTSMX	Vanguard Total Stock	Pair Corr
0.97	VITSX	Vanguard Total Stock	Pair Corr
0.97	VSMPX	Vanguard Total Stock	Pair Corr
0.97	VSTSX	Vanguard Total Stock	Pair Corr
0.92	VFINX	Vanguard 500 Index	Pair Corr
0.96	VFFSX	Vanguard 500 Index	Pair Corr
0.96	VINIX	Vanguard Institutional	Pair Corr
0.96	VIIIX	Vanguard Institutional	Pair Corr

Moving against Quantified Mutual Fund

0.53	OTRGX	Ontrack E Fund	Pair Corr
0.52	OTRFX	Ontrack E Fund	Pair Corr
0.4	SVARX	Spectrum Low Volatility	Pair Corr
0.78	GPBFX	Gmo E Plus	Pair Corr
0.61	GAAGX	Gmo Alternative Allo	Pair Corr
0.6	GAAKX	Gmo Alternative Allo	Pair Corr
0.53	GPMFX	Guidepath Managed Futures	Pair Corr
0.38	PQTAX	Pimco Trends Managed	Pair Corr
0.32	PQTNX	Pimco Trends Managed	Pair Corr
0.32	PQTIX	Aa Pimco Tr	Pair Corr

Related Correlations Analysis

	SAPEX	OTRFX	OTRGX	SUNBX	QMLAX	QMLFX	SVARX	SFHYX	QRDTX	QALAX
SAPEX		0.19	0.19	0.37	0.5	0.59	0.2	0.69	0.69	0.72	SAPEX
OTRFX	0.19		1.0	0.82	-0.47	-0.48	0.95	0.26	-0.07	0.19	OTRFX
OTRGX	0.19	1.0		0.82	-0.48	-0.49	0.95	0.24	-0.09	0.19	OTRGX
SUNBX	0.37	0.82	0.82		-0.2	-0.24	0.81	0.6	0.24	0.3	SUNBX
QMLAX	0.5	-0.47	-0.48	-0.2		0.95	-0.34	0.6	0.88	0.65	QMLAX
QMLFX	0.59	-0.48	-0.49	-0.24	0.95		-0.36	0.55	0.81	0.6	QMLFX
SVARX	0.2	0.95	0.95	0.81	-0.34	-0.36		0.36	0.02	0.24	SVARX
SFHYX	0.69	0.26	0.24	0.6	0.6	0.55	0.36		0.84	0.63	SFHYX
QRDTX	0.69	-0.07	-0.09	0.24	0.88	0.81	0.02	0.84		0.79	QRDTX
QALAX	0.72	0.19	0.19	0.3	0.65	0.6	0.24	0.63	0.79		QALAX
	SAPEX	OTRFX	OTRGX	SUNBX	QMLAX	QMLFX	SVARX	SFHYX	QRDTX	QALAX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

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

OTRGX	+ 1.0	OTRFX
SVARX	+ 0.95	OTRFX
SVARX	+ 0.95	OTRGX
QMLFX	+ 0.95	QMLAX
QRDTX	+ 0.88	QMLAX
QRDTX	+ 0.84	SFHYX

High negative correlations

QMLFX	- 0.49	OTRGX
QMLAX	- 0.48	OTRGX
QMLFX	- 0.48	OTRFX
QMLAX	- 0.47	OTRFX
SVARX	- 0.36	QMLFX
SVARX	- 0.34	QMLAX

Risk-Adjusted Indicators

There is a big difference between Quantified Mutual Fund performing well and Quantified Tactical 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 Tactical'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	0.61	0.02	(0.10)	(0.65)	0.91	(0.60)	1.14	(1.58)	5.02
OTRFX	0.14	(0.02)	0.00	(0.12)	0.00	0.00	0.30	(0.33)	1.19
OTRGX	0.14	(0.02)	0.00	(0.15)	0.00	0.00	0.33	(0.39)	0.82
SUNBX	0.16	(0.01)	(0.43)	(0.05)	0.20	(0.21)	0.42	(0.37)	1.16
QMLAX	1.00	(0.05)	0.02	0.09	1.34	(1.06)	2.02	(2.01)	7.40
QMLFX	1.00	0.14	0.02	2.69	1.33	(1.05)	1.97	(2.13)	7.48
SVARX	0.11	(0.01)	(0.61)	(0.14)	0.14	(0.14)	0.25	(0.29)	0.98
SFHYX	0.22	0.00	(0.21)	0.10	0.27	(0.24)	0.48	(0.43)	1.75
QRDTX	0.71	(0.03)	(0.03)	0.08	0.77	(0.77)	1.42	(1.22)	3.78
QALAX	0.31	(0.03)	(0.22)	0.03	0.33	(0.43)	0.87	(0.65)	2.24

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