State Street Correlations

SAEXX Fund

1.00 0.00 0.00%

The current 90-days correlation between State Street Institu and Teton Vertible Securities is 0.17 (i.e., Average diversification). The correlation of State Street 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.

State Street Correlation With Market

Significant diversification

The correlation between State Street Institutional and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding State Street Institutional 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 State Street Institutional. Also, note that the market value of any money market fund could be closely tied with the direction of predictive economic indicators such as signals in interest.

Moving together with State Money Market Fund

0.78	VTSAX	Vanguard Total Stock	Pair Corr
0.78	VFIAX	Vanguard 500 Index	Pair Corr
0.78	VTSMX	Vanguard Total Stock	Pair Corr
0.78	VITSX	Vanguard Total Stock	Pair Corr
0.78	VSTSX	Vanguard Total Stock	Pair Corr
0.78	VSMPX	Vanguard Total Stock	Pair Corr
0.78	VFINX	Vanguard 500 Index	Pair Corr
0.78	VFFSX	Vanguard 500 Index	Pair Corr
0.82	VGTSX	Vanguard Total Inter	Pair Corr
0.82	VTIAX	Vanguard Total Inter	Pair Corr
0.63	NHS	Neuberger Berman High	Pair Corr
0.71	RRSVX	Rbc Small Cap	Pair Corr
0.78	HERSX	Hartford Emerging Markets	Pair Corr
0.79	MSFT	Microsoft	Pair Corr
0.78	GE	GE Aerospace	Pair Corr
0.75	WMT	Walmart	Pair Corr
0.62	DD	Dupont De Nemours	Pair Corr
0.66	CSCO	Cisco Systems	Pair Corr
0.72	CAT	Caterpillar	Pair Corr
0.76	TRV	The Travelers Companies	Pair Corr

Moving against State Money Market Fund

0.38

Procter Gamble

Pair Corr

Related Correlations Analysis

	WEICX	HRCSX	XNCZX	CAGCX	CNSCX	HICSX
WEICX		0.98	0.99	0.98	0.99	0.98	WEICX
HRCSX	0.98		0.98	0.99	1.0	1.0	HRCSX
XNCZX	0.99	0.98		0.99	0.99	0.98	XNCZX
CAGCX	0.98	0.99	0.99		0.99	0.99	CAGCX
CNSCX	0.99	1.0	0.99	0.99		1.0	CNSCX
HICSX	0.98	1.0	0.98	0.99	1.0		HICSX
	WEICX	HRCSX	XNCZX	CAGCX	CNSCX	HICSX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between State Money Market Fund performing well and State Street Money Market 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 State Street'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
WEICX	0.71	0.07	0.02	0.22	1.02	(0.78)	1.29	(1.50)	5.72
HRCSX	0.59	0.09	0.04	0.28	0.70	(0.67)	1.13	(1.36)	5.52
XNCZX	0.71	0.06	0.01	0.21	1.10	(0.72)	1.36	(1.46)	5.81
CAGCX	0.47	0.06	0.00	0.27	0.65	(0.55)	1.00	(0.84)	3.36
CNSCX	0.68	0.09	0.04	0.26	0.89	(0.75)	1.34	(1.42)	6.43
HICSX	0.59	0.09	0.04	0.28	0.69	(0.67)	1.13	(1.37)	5.54

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

2025 Macroaxis LLC