Qs Defensive Correlations

The correlation of Qs Defensive 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.

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Moving together with SBCLX Mutual Fund

0.61	HBLTX	Hartford Balanced	Pair Corr
0.75	HBLSX	Hartford Balanced	Pair Corr
0.61	HBLVX	Hartford Balanced	Pair Corr
0.76	HBLYX	Hartford Balanced	Pair Corr
0.61	HBLIX	Hartford Balanced	Pair Corr
0.65	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.7	HD	Home Depot	Pair Corr
0.74	GE	GE Aerospace Fiscal Year End 28th of January 2025	Pair Corr

Related Correlations Analysis

	COCRX	FACVX	ANZCX	VAADX	FISCX	HICSX
COCRX		0.97	0.99	0.97	0.98	0.98	COCRX
FACVX	0.97		0.97	1.0	0.99	0.97	FACVX
ANZCX	0.99	0.97		0.98	0.97	1.0	ANZCX
VAADX	0.97	1.0	0.98		0.99	0.98	VAADX
FISCX	0.98	0.99	0.97	0.99		0.97	FISCX
HICSX	0.98	0.97	1.0	0.98	0.97		HICSX
	COCRX	FACVX	ANZCX	VAADX	FISCX	HICSX

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Risk-Adjusted Indicators

There is a big difference between SBCLX Mutual Fund performing well and Qs Defensive 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 Qs Defensive'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
COCRX	0.37	0.05	0.00	0.20	0.24	(0.42)	0.92	(0.67)	2.13
FACVX	0.46	0.15	0.11	7.25	0.16	(0.56)	1.10	(0.71)	2.69
ANZCX	0.45	0.08	0.07	0.23	0.25	(0.52)	1.13	(0.86)	2.54
VAADX	0.44	0.13	0.07	3.46	0.27	(0.52)	1.12	(0.84)	2.53
FISCX	0.36	0.14	0.11	1.61	0.00	(0.46)	1.14	(0.56)	1.92
HICSX	0.36	0.09	0.07	0.28	0.00	(0.43)	1.12	(0.63)	2.41

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Qs Defensive Correlations

Moving together with SBCLX Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

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