Tfa Tactical Correlations

TFAZX Fund

USD 8.21 0.02 0.24%

The current 90-days correlation between Tfa Tactical Income and Intal High Relative is 0.22 (i.e., Modest diversification). The correlation of Tfa 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.

Tfa Tactical Correlation With Market

Good diversification

The correlation between Tfa Tactical Income and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tfa Tactical Income and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tfa Tactical 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 nation.

Moving together with Tfa Mutual Fund

0.88	TFAGX	Tfa Alphagen Growth	Pair Corr
0.82	VTSAX	Vanguard Total Stock	Pair Corr
0.87	VFIAX	Vanguard 500 Index	Pair Corr
0.82	VTSMX	Vanguard Total Stock	Pair Corr
0.82	VSMPX	Vanguard Total Stock	Pair Corr
0.82	VSTSX	Vanguard Total Stock	Pair Corr
0.65	VITSX	Vanguard Total Stock	Pair Corr
0.87	VFINX	Vanguard 500 Index	Pair Corr
0.87	VFFSX	Vanguard 500 Index	Pair Corr
0.74	VGTSX	Vanguard Total Inter	Pair Corr
0.74	VTIAX	Vanguard Total Inter	Pair Corr
0.62	ODVNX	Oppenheimer Developing	Pair Corr
0.77	MHCAX	Mainstay High Yield	Pair Corr
0.76	BBTIX	Bridge Builder Tax	Pair Corr
0.77	THYCX	High Yield Fund	Pair Corr
0.63	PFO	Flaherty Crumrine	Pair Corr
0.62	ODVYX	Oppenheimer Developing	Pair Corr
0.71	PAITX	T Rowe Price	Pair Corr
0.89	TSAMX	Thornburg Summit	Pair Corr

Related Correlations Analysis

	DIHRX	FYAIX	GGMPX	AHYMX	PHDTX	PBHAX	SGYAX
DIHRX		0.91	0.89	0.82	0.92	0.89	0.81	DIHRX
FYAIX	0.91		0.93	0.78	0.91	0.92	0.85	FYAIX
GGMPX	0.89	0.93		0.85	0.93	0.96	0.86	GGMPX
AHYMX	0.82	0.78	0.85		0.81	0.79	0.62	AHYMX
PHDTX	0.92	0.91	0.93	0.81		0.96	0.88	PHDTX
PBHAX	0.89	0.92	0.96	0.79	0.96		0.93	PBHAX
SGYAX	0.81	0.85	0.86	0.62	0.88	0.93		SGYAX
	DIHRX	FYAIX	GGMPX	AHYMX	PHDTX	PBHAX	SGYAX

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Risk-Adjusted Indicators

There is a big difference between Tfa Mutual Fund performing well and Tfa 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 Tfa 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
DIHRX	0.53	0.11	0.21	0.20	0.62	(0.59)	1.16	(0.99)	3.68
FYAIX	0.21	0.01	0.34	(0.20)	0.25	(0.21)	0.30	(0.33)	1.34
GGMPX	0.15	0.01	0.39	(6.58)	0.00	(0.25)	0.53	(0.35)	1.07
AHYMX	0.12	0.01	0.42	(0.40)	0.05	(0.17)	0.22	(0.22)	0.98
PHDTX	0.10	0.02	0.50	(6.39)	0.00	(0.15)	0.23	(0.23)	0.79
PBHAX	0.15	0.03	0.44	(0.84)	0.00	(0.32)	0.63	(0.21)	1.06
SGYAX	0.15	0.02	0.53	0.53	0.00	(0.28)	0.57	(0.28)	1.28

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Tfa Tactical Correlations

Tfa Tactical Correlation With Market

Good diversification

Moving together with Tfa Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

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