Sa Us Correlations

Mutual Funds . USA . 
Fund . Sa Small Company
SAUMX Fund  USD 29.98  0.10  0.33%   
The current 90-days correlation between Sa Small and Transamerica Asset Allocation is 0.82 (i.e., Very poor diversification). The correlation of Sa Us 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.

Sa Us Correlation With Market

Very poor diversification

The correlation between Sa Small Company and DJI is 0.88 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sa Small Company 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 Sa Small Company. 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 population.

Moving together with SAUMX Mutual Fund

  0.98SABTX Sa ValuePairCorr
  0.96SAEMX Sa Emerging MarketsPairCorr
  0.95SAISX Sa International SmallPairCorr
  0.94SAHMX Sa International ValuePairCorr
  0.99SAMKX Sa Mkt FdPairCorr
  0.79SAREX Sa Real EstatePairCorr
  0.86SAUFX Sa Fixed IncmePairCorr
  0.75SAXIX Sa Global FixedPairCorr
  0.98SAWMX Sa Worldwide ModeratePairCorr
  1.0VSMAX Vanguard Small CapPairCorr
  1.0VSCIX Vanguard Small CapPairCorr
  1.0VSCPX Vanguard Small CapPairCorr
  1.0NAESX Vanguard Small CapPairCorr
  0.99FSSNX Fidelity Small CapPairCorr
  1.0DFSTX Us Small CapPairCorr
  1.0PASVX T Rowe PricePairCorr
  1.0PRVIX T Rowe PricePairCorr
  1.0TRZVX T Rowe PricePairCorr
  1.0PRSVX T Rowe PricePairCorr
  0.88FSMMX Fs Multi StrategyPairCorr
  0.93BTMPX Ishares Msci EafePairCorr
  0.93BTMKX Blackrock InternationalPairCorr
  0.93MDIIX Blackrock Intern IndexPairCorr
  0.69SPMPX Invesco Steelpath MlpPairCorr
  0.69MLPNX Oppenheimer Steelpath MlpPairCorr
  0.67MLPMX Oppenheimer Steelpath MlpPairCorr
  0.68SPMJX Invesco Steelpath MlpPairCorr
  0.97XXBGX Blackstonegso LongPairCorr
  0.85CSJAX Cohen Steers RealtyPairCorr
  0.97VSCRX Virtus Kar SmallPairCorr
  0.97DQEIX Dreyfus Global EquityPairCorr
  0.94XEADX Wells Fargo IncomePairCorr
  0.97HCVCX The Hartford ServativePairCorr
  0.85VGREX Global Real EstatePairCorr
  0.96AGDAX Ab High IncomePairCorr
  0.97MNMCX Pro-blend(r) ModeratePairCorr
  0.81PJECX Prudential Real EstatePairCorr
  0.97MDDCX Blackrock Gbl EmergingPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between SAUMX Mutual Fund performing well and Sa Us 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 Sa Us' 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.

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