Tfa Tactical Correlations

TFAZX Fund

USD 8.52 0.01 0.12%

The current 90-days correlation between Tfa Tactical Income and Prudential California Muni is 0.07 (i.e., Significant 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

Poor diversification

The correlation between Tfa Tactical Income and DJI is 0.64 (i.e., Poor 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

0.95	TFAGX	Tfa Alphagen Growth	Pair Corr
0.92	TFAQX	Tfa Quantitative	Pair Corr

Moving against Tfa Mutual Fund

0.34	FVKVWX	Fvkvwx	Pair Corr
0.34	EMKCX	Ashmore Emerging Markets	Pair Corr
0.32	VEIPX	Vanguard Equity Income	Pair Corr
0.35	VENAX	Vanguard Energy Index	Pair Corr
0.34	PTSPX	Pimco Short Term	Pair Corr
0.34	EXNAX	Eaton Vance National	Pair Corr
0.31	SVAIX	Federated Strategic Value	Pair Corr

Related Correlations Analysis

	PBCAX	TWTIX	LOISX	PCMNX	FCMAX	PATFX	PTRMX
PBCAX		0.94	0.97	0.91	0.9	0.82	0.87	PBCAX
TWTIX	0.94		0.96	0.97	0.93	0.9	0.93	TWTIX
LOISX	0.97	0.96		0.94	0.96	0.87	0.94	LOISX
PCMNX	0.91	0.97	0.94		0.92	0.86	0.95	PCMNX
FCMAX	0.9	0.93	0.96	0.92		0.94	0.97	FCMAX
PATFX	0.82	0.9	0.87	0.86	0.94		0.92	PATFX
PTRMX	0.87	0.93	0.94	0.95	0.97	0.92		PTRMX
	PBCAX	TWTIX	LOISX	PCMNX	FCMAX	PATFX	PTRMX

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	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
PBCAX	0.06	0.00	(0.55)	0.00	(0.14)	0.20	(0.10)	0.40
TWTIX	0.06	0.02	(0.52)	4.38	(0.12)	0.19	(0.09)	0.46
LOISX	0.07	0.02	(0.44)	2.02	(0.13)	0.20	(0.10)	0.49
PCMNX	0.06	0.00	(0.43)	0.00	(0.10)	0.16	(0.08)	0.33
FCMAX	0.08	0.02	(0.46)	3.10	(0.14)	0.24	(0.08)	0.57
PATFX	0.09	0.02	(0.39)	(1.73)	(0.13)	0.27	(0.18)	0.72
PTRMX	0.08	0.02	(0.43)	1.14	(0.10)	0.18	(0.13)	0.49

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

2026 Macroaxis LLC