Sextant International Correlations

SIFZX Fund

USD 25.81 0.66 2.49%

The current 90-days correlation between Sextant International and Sextant International Fund is 1.0 (i.e., No risk reduction). The correlation of Sextant International 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.

Sextant International Correlation With Market

Poor diversification

The correlation between Sextant International Fund and DJI is 0.66 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sextant International Fund 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 Sextant International Fund. 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 nation.

Moving together with Sextant Mutual Fund

0.96	SSGFX	Sextant Growth	Pair Corr
1.0	SSIFX	Sextant International	Pair Corr
0.86	SBIFX	Sextant Bond Income	Pair Corr
0.76	STBFX	Sextant Short Term	Pair Corr
0.94	SCORX	Sextant E Fund	Pair Corr
0.72	SGHIX	Sextant Global High	Pair Corr
0.96	SGZFX	Sextant Growth	Pair Corr
0.95	RERFX	Europacific Growth	Pair Corr
0.95	AEPFX	Europacific Growth	Pair Corr
0.88	CEUAX	Europacific Growth	Pair Corr
0.95	CEUCX	Europacific Growth	Pair Corr
0.95	RERCX	Europacific Growth	Pair Corr
0.95	REREX	Europacific Growth	Pair Corr
0.95	RERGX	Europacific Growth	Pair Corr
0.88	CEUFX	Europacific Growth	Pair Corr
0.88	CEUEX	Europacific Growth	Pair Corr
0.95	RERAX	Europacific Growth	Pair Corr
0.88	XDSMX	Dreyfus Strategic	Pair Corr
0.88	XNXJX	Nuveen New Jersey	Pair Corr
0.85	NXJ	Nuveen New Jersey	Pair Corr
0.86	XNBHX	Neuberger Berman Int	Pair Corr
0.96	SWCRX	Schwab Target 2020	Pair Corr
0.75	CHYYX	Columbia High Yield	Pair Corr
0.93	FCGEX	Fiera Capital Global	Pair Corr
0.81	DLEUX	Doubleline Shiller	Pair Corr
0.92	PIOKX	Pioneer Fund Class	Pair Corr
0.87	DRIKX	Dimensional 2055 Target	Pair Corr
0.78	PYEWX	Payden Emerging Markets	Pair Corr
0.97	VBAIX	Vanguard Balanced Index	Pair Corr
0.64	DLHCX	Delaware Healthcare	Pair Corr
0.91	AMTCX	Columbia Capital All	Pair Corr
0.86	DHYAX	Dreyfus High Yield	Pair Corr
0.95	ACFDX	Focused Dynamic Growth	Pair Corr
0.93	JFRDX	Janus Forty Fund	Pair Corr
0.85	VMVLX	Vanguard Mega Cap	Pair Corr

Moving against Sextant Mutual Fund

0.32

PCF

Putnam High Income

Pair Corr

Related Correlations Analysis

	SSIFX	SSGFX	GESOX	GESIX	MSSVX	SPTE	ARFFX	SWYBX	SIPIX	SFDYX
SSIFX		0.96	0.82	0.82	0.83	0.98	0.28	0.96	0.25	0.27	SSIFX
SSGFX	0.96		0.76	0.77	0.83	0.93	0.25	0.95	0.29	0.31	SSGFX
GESOX	0.82	0.76		1.0	0.86	0.77	0.45	0.77	0.56	0.58	GESOX
GESIX	0.82	0.77	1.0		0.86	0.77	0.44	0.78	0.55	0.57	GESIX
MSSVX	0.83	0.83	0.86	0.86		0.76	0.52	0.78	0.65	0.66	MSSVX
SPTE	0.98	0.93	0.77	0.77	0.76		0.23	0.95	0.15	0.18	SPTE
ARFFX	0.28	0.25	0.45	0.44	0.52	0.23		0.22	0.74	0.74	ARFFX
SWYBX	0.96	0.95	0.77	0.78	0.78	0.95	0.22		0.24	0.26	SWYBX
SIPIX	0.25	0.29	0.56	0.55	0.65	0.15	0.74	0.24		1.0	SIPIX
SFDYX	0.27	0.31	0.58	0.57	0.66	0.18	0.74	0.26	1.0		SFDYX
	SSIFX	SSGFX	GESOX	GESIX	MSSVX	SPTE	ARFFX	SWYBX	SIPIX	SFDYX

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Risk-Adjusted Indicators

There is a big difference between Sextant Mutual Fund performing well and Sextant International 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 Sextant International'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
SSIFX	0.87	0.01	0.01	0.03	1.20	(0.87)	1.61	(2.07)	5.85
SSGFX	0.66	0.01	0.00	0.03	0.89	(0.67)	1.35	(1.51)	4.41
GESOX	0.55	(0.06)	0.00	(0.05)	0.00	0.00	1.06	(1.25)	3.73
GESIX	0.55	(0.06)	0.00	(0.04)	0.00	0.00	1.06	(1.30)	3.78
MSSVX	1.22	(0.02)	0.00	0.01	1.70	(1.21)	2.50	(2.60)	9.50
SPTE	0.98	0.07	0.04	0.07	1.39	(0.93)	1.93	(2.20)	6.52
ARFFX	0.61	(0.02)	(0.03)	(0.01)	0.88	(0.62)	1.10	(1.30)	5.22
SWYBX	0.24	0.01	(0.01)	0.05	0.25	(0.27)	0.50	(0.50)	1.75
SIPIX	0.61	(0.05)	0.00	(0.04)	0.00	0.00	1.13	(1.46)	4.83
SFDYX	0.60	(0.05)	0.00	(0.04)	0.00	0.00	1.13	(1.49)	4.79

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