American Independence Correlations

Mutual Funds . USA . 
Fund . American Independence Kansas
SEKSX Fund  USD 10.05  0.01  0.1%   
The current 90-days correlation between American Independence and Ab Equity Income is 0.17 (i.e., Average diversification). The correlation of American Independence 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.

American Independence Correlation With Market

Average diversification

The correlation between American Independence Kansas and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding American Independence Kansas 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 American Independence Kansas. 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 American Mutual Fund

  0.98IKSTX American IndependencePairCorr
  0.94HICOX Colorado BondsharesPairCorr
  0.89HULYX Hawaiian Tax FreePairCorr
  0.89HULFX Hawaiian Tax FreePairCorr
  0.97ORTYX Aquila Tax FreePairCorr
  0.87HULAX Hawaiian Tax FreePairCorr
  0.78GAAKX Gmo Alternative AlloPairCorr
  0.76GAAGX Gmo Alternative AlloPairCorr
  0.77GPBFX Gmo E PlusPairCorr
  0.94ALCEX Avantis Large CapPairCorr
  0.88AKRSX Akre Focus FundPairCorr
  0.94HCMBX Hcm Dynamic IncomePairCorr
  0.96HBADX Hartford ModeratePairCorr
  0.95QCERX Aqr Large CapPairCorr
  0.95VNEYX Vontobel Global EnviPairCorr
  0.94FIVFX Fidelity InternationalPairCorr
  0.78IIBZX Voya Intermediate BondPairCorr
  0.87SEPCX Energy Basic MaterialsPairCorr
  0.95RPIDX T Rowe PricePairCorr
  0.93FDAAX Franklin Floating RatePairCorr
  0.97LTINX Principal Lifetime 2015PairCorr
  0.95GWPCX American Funds GrowthPairCorr
  0.94HRLTX Hartford GlobalPairCorr
  0.95SDYAX Simt Dynamic AssetPairCorr
  0.9MIOPX International OpportunityPairCorr
  0.97IOBAX Icon Bond FundPairCorr
  0.96CHW Calamos Global DynamicPairCorr
  0.95OTCNX Oppenheimer Cap ApprecPairCorr
  0.86RPNIX Riverpark/next CenturyPairCorr
  0.96VWENX Vanguard WellingtonPairCorr

Moving against American Mutual Fund

  0.36GPMFX Guidepath Managed FuturesPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between American Mutual Fund performing well and American Independence 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 American Independence'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.

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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY