Seafarer Overseas Correlations
SFGIX Fund | USD 13.38 0.06 0.45% |
The current 90-days correlation between Seafarer Overseas Growth and California Municipal Portfolio is 0.14 (i.e., Average diversification). The correlation of Seafarer Overseas 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.
Seafarer |
Moving together with Seafarer Mutual Fund
1.0 | SFGRX | Seafarer Overseas | PairCorr |
0.99 | SFVRX | Seafarer Overseas Value | PairCorr |
0.99 | SFVLX | Seafarer Overseas Value | PairCorr |
0.99 | SIGIX | Seafarer Overseas Growth | PairCorr |
0.98 | SIVLX | Seafarer Overseas Value | PairCorr |
0.98 | VEMAX | Vanguard Emerging Markets | PairCorr |
0.98 | VEIEX | Vanguard Emerging Markets | PairCorr |
0.98 | VEMIX | Vanguard Emerging Markets | PairCorr |
0.98 | VEMRX | Vanguard Emerging Markets | PairCorr |
0.98 | FWWNX | American Funds New | PairCorr |
0.98 | FNFWX | American Funds New | PairCorr |
0.99 | NEWFX | New World Fund | PairCorr |
0.98 | NWFFX | New World Fund | PairCorr |
0.99 | NEWCX | New World Fund | PairCorr |
0.98 | ODVYX | Oppenheimer Developing | PairCorr |
0.96 | PDI | Pimco Dynamic Income | PairCorr |
0.93 | FTCAX | Templeton Strained Bond | PairCorr |
0.96 | MBCYX | Massmutual Select Blue | PairCorr |
0.91 | CIABX | Western Asset Short | PairCorr |
0.97 | PLAAX | Pace Large Growth | PairCorr |
0.92 | PSTQX | Prudential Short Term | PairCorr |
0.96 | FCNTX | Fidelity Contrafund | PairCorr |
0.92 | DRLAX | Dreyfus Global Real | PairCorr |
0.97 | FZABX | Fidelity Advisor Div | PairCorr |
0.91 | FAGNX | Fidelity Advisor Energy | PairCorr |
0.96 | JGISX | Jpmorgan Intrepid Growth | PairCorr |
0.97 | IYBIX | Ivy Balanced | PairCorr |
0.93 | AAIIX | Ancora Income | PairCorr |
0.98 | TRBPX | T Rowe Price | PairCorr |
0.75 | CRVRX | Mainstay Cbre Real | PairCorr |
0.95 | ASILX | Ab Select Longshort | PairCorr |
Moving against Seafarer Mutual Fund
0.96 | USPSX | Profunds Ultrashort | PairCorr |
0.79 | TCTGX | Transamerica Cleartrack | PairCorr |
0.79 | TDKTX | Cleartrack 2015 Class | PairCorr |
0.96 | USPIX | Profunds Ultrashort | PairCorr |
0.96 | UIPIX | Ultrashort Mid Cap | PairCorr |
0.79 | TCTJX | Transamerica Cleartrack | PairCorr |
0.77 | TCSUX | Cleartrack 2020 Class | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Seafarer Mutual Fund performing well and Seafarer Overseas 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 Seafarer Overseas' 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 | ||
---|---|---|---|---|---|---|---|---|---|---|
SNCAX | 0.10 | 0.02 | (0.72) | 0.76 | 0.00 | 0.22 | 0.89 | |||
MSTBX | 0.11 | 0.02 | (0.90) | 7.91 | 0.00 | 0.21 | 0.62 | |||
BXHCX | 0.17 | 0.09 | (0.31) | (2.81) | 0.00 | 0.63 | 1.16 | |||
TIMTX | 0.15 | 0.01 | (0.47) | (0.06) | 0.20 | 0.29 | 1.17 | |||
TPYYX | 0.68 | 0.16 | 0.11 | 0.41 | 0.40 | 1.93 | 3.81 | |||
TTRBX | 0.16 | 0.03 | (0.55) | 0.78 | 0.00 | 0.41 | 0.92 | |||
SGYAX | 0.17 | 0.06 | (0.34) | 0.61 | 0.00 | 0.59 | 1.04 |