Enhanced Fixed Correlations
| AAEZX Fund | 10.13 0.01 0.1% |
The current 90-days correlation between Enhanced Fixed Income and Bbh Intermediate Municipal is 0.14 (i.e., Average diversification). The correlation of Enhanced Fixed 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.
Enhanced Fixed Correlation With Market
Very weak diversification
The correlation between Enhanced Fixed Income and DJI is 0.49 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Enhanced Fixed Income and DJI in the same portfolio, assuming nothing else is changed.
Enhanced |
Moving together with Enhanced Mutual Fund
| 0.61 | SRWAX | Saat Market Growth | PairCorr |
| 0.64 | SSCGX | Simt Small Cap | PairCorr |
| 0.66 | SSEAX | Siit Screened World | PairCorr |
| 0.66 | SSGAX | Saat Aggressive Strategy | PairCorr |
| 0.66 | SASDX | Saat Aggressive Strategy | PairCorr |
| 0.91 | TFCAX | Tax Free Conservative | PairCorr |
| 0.9 | TFCYX | Tax Free Conservative | PairCorr |
| 0.69 | SSTDX | Saat Servative Strategy | PairCorr |
| 0.92 | SBDAX | Stet California Municipal | PairCorr |
| 0.73 | STDAX | Saat Defensive Strategy | PairCorr |
| 0.73 | ENIAX | Siit Opportunistic Income | PairCorr |
| 0.63 | STVYX | Simt Tax Managed | PairCorr |
| 0.63 | SCMSX | Saat E Market | PairCorr |
| 0.64 | SUSYX | Simt Managed Volatility | PairCorr |
| 0.91 | SUSAX | Siit Ultra Short | PairCorr |
| 0.65 | SVOAX | Simt Managed Volatility | PairCorr |
| 0.62 | SDYYX | Simt Dynamic Asset | PairCorr |
| 0.72 | SVSAX | Saat Servative Strategy | PairCorr |
Related Correlations Analysis
| 0.9 | 0.76 | 0.93 | 0.86 | 0.89 | 0.92 | BBINX | ||
| 0.9 | 0.87 | 0.95 | 0.87 | 0.96 | 0.96 | AAEZX | ||
| 0.76 | 0.87 | 0.83 | 0.63 | 0.81 | 0.8 | ABNTX | ||
| 0.93 | 0.95 | 0.83 | 0.9 | 0.93 | 0.95 | TTRBX | ||
| 0.86 | 0.87 | 0.63 | 0.9 | 0.9 | 0.93 | LCCMX | ||
| 0.89 | 0.96 | 0.81 | 0.93 | 0.9 | 0.99 | GHVIX | ||
| 0.92 | 0.96 | 0.8 | 0.95 | 0.93 | 0.99 | SGYAX | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Enhanced Mutual Fund performing well and Enhanced Fixed 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 Enhanced Fixed'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BBINX | 0.17 | 0.01 | (0.56) | (0.10) | 0.29 | 0.30 | 2.21 | |||
| AAEZX | 0.27 | 0.02 | (0.33) | 0.41 | 0.31 | 0.73 | 1.83 | |||
| ABNTX | 0.16 | 0.02 | (0.86) | (0.32) | 0.14 | 0.29 | 1.38 | |||
| TTRBX | 0.17 | 0.02 | (0.93) | (2.91) | 0.12 | 0.40 | 0.92 | |||
| LCCMX | 0.12 | 0.03 | (1.43) | 1.33 | 0.00 | 0.51 | 0.99 | |||
| GHVIX | 0.22 | 0.11 | (0.49) | (1.13) | 0.00 | 0.64 | 2.72 | |||
| SGYAX | 0.17 | 0.08 | (0.96) | (1.54) | 0.00 | 0.58 | 1.03 |