Saat Core Correlations

SCMSX Fund

USD 12.76 0.02 0.16%

The current 90-days correlation between Saat E Market and Us Government Securities is -0.19 (i.e., Good diversification). The correlation of Saat Core 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.

Saat Core Correlation With Market

Almost no diversification

The correlation between Saat E Market and DJI is 0.92 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Saat E Market 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 Saat E Market. 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 state.

Moving together with Saat Mutual Fund

0.88	SAAAX	Simt Multi Asset	Pair Corr
1.0	SRWAX	Saat Market Growth	Pair Corr
0.8	SSCGX	Simt Small Cap	Pair Corr
0.86	SSEAX	Siit Screened World	Pair Corr
0.99	SSGAX	Saat Aggressive Strategy	Pair Corr
0.99	SASDX	Saat Aggressive Strategy	Pair Corr
0.87	SSMAX	Siit Small Mid	Pair Corr
0.9	SSPIX	Simt Sp 500	Pair Corr
0.86	SSTDX	Saat Servative Strategy	Pair Corr
0.7	ENIAX	Siit Opportunistic Income	Pair Corr
0.93	STLYX	Simt Tax Managed	Pair Corr
0.87	STMPX	Simt Tax Managed	Pair Corr
0.87	STMSX	Simt Tax Managed	Pair Corr
0.91	STVYX	Simt Tax Managed	Pair Corr
0.93	SCLAX	Simt Multi Asset	Pair Corr
0.9	SCPAX	Siit Large Cap	Pair Corr
0.97	SUSYX	Simt Managed Volatility	Pair Corr
0.91	SDLAX	Siit Dynamic Asset	Pair Corr
0.94	SVAYX	Simt Large Cap	Pair Corr
0.9	SDYAX	Simt Dynamic Asset	Pair Corr
0.97	SVOAX	Simt Managed Volatility	Pair Corr
0.9	SDYYX	Simt Dynamic Asset	Pair Corr
0.83	SVSAX	Saat Servative Strategy	Pair Corr
0.99	SEAIX	Saat Aggressive Strategy	Pair Corr

Moving against Saat Mutual Fund

0.54	SDGFX	Sdit Short Duration	Pair Corr
0.45	SECPX	Sdit Ultra Short	Pair Corr

Related Correlations Analysis

	GVTFX	SNGYX	DPIGX	RGVEX	SIGVX	PYUSX	NUSAX
GVTFX		0.99	0.95	0.99	0.93	0.96	0.76	GVTFX
SNGYX	0.99		0.92	0.99	0.91	0.94	0.74	SNGYX
DPIGX	0.95	0.92		0.93	0.95	0.99	0.85	DPIGX
RGVEX	0.99	0.99	0.93		0.92	0.95	0.69	RGVEX
SIGVX	0.93	0.91	0.95	0.92		0.97	0.77	SIGVX
PYUSX	0.96	0.94	0.99	0.95	0.97		0.82	PYUSX
NUSAX	0.76	0.74	0.85	0.69	0.77	0.82		NUSAX
	GVTFX	SNGYX	DPIGX	RGVEX	SIGVX	PYUSX	NUSAX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Saat Mutual Fund performing well and Saat Core 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 Saat Core'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
GVTFX	0.33	0.01	0.20	(0.27)	0.35	(0.36)	0.68	(0.59)	1.91
SNGYX	0.23	0.01	0.26	(0.32)	0.23	(0.27)	0.49	(0.49)	1.27
DPIGX	0.10	0.00	0.49	(0.33)	0.01	(0.15)	0.21	(0.21)	0.63
RGVEX	0.31	0.00	0.18	(0.13)	0.36	(0.33)	0.59	(0.58)	1.90
SIGVX	0.05	0.00	0.68	(0.18)	0.00	(0.17)	0.10	(0.10)	0.61
PYUSX	0.14	0.01	0.40	(0.57)	0.07	(0.20)	0.32	(0.22)	0.85
NUSAX	0.03	0.01	0.00	(0.89)	0.00	0.00	0.10	0.00	0.19

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