Selected International Correlations

Mutual Funds . USA . 
Fund . Selected International Fund
SLSSX Fund  USD 14.00  0.07  0.50%   
The current 90-days correlation between Selected International and Selected American Shares is 0.72 (i.e., Poor diversification). The correlation of Selected 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.

Selected International Correlation With Market

Very weak diversification

The correlation between Selected International Fund and DJI is 0.52 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Selected 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 Selected 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 state.

Moving together with Selected Mutual Fund

  0.97SLADX Selected American SharesPairCorr
  0.97SLASX Selected American SharesPairCorr
  1.0SLSDX Selected InternationalPairCorr
  0.98VGTSX Vanguard Total InterPairCorr
  0.98VTIAX Vanguard Total InterPairCorr
  0.98VTSNX Vanguard Total InterPairCorr
  0.98VTPSX Vanguard Total InterPairCorr
  0.98VTISX Vanguard Total InterPairCorr
  0.97VTMGX Vanguard DevelopedPairCorr
  0.97VDVIX Vanguard DevelopedPairCorr
  0.97VTMNX Vanguard DevelopedPairCorr
  0.97VDIPX Vanguard DevelopedPairCorr
  0.96FSPSX Fidelity InternationalPairCorr
  0.94IIFSX Vy Franklin Income Potential GrowthPairCorr
  0.98MFLDX Marketfield Fund MarPairCorr
  0.98AZNAX Allianzgi Income GrowthPairCorr
  0.89HLPPX Rems Real EstatePairCorr
  0.97FMSRX Frontier Mfg GlobalPairCorr
  0.7MPIBX Bny Mellon IntermediatePairCorr
  0.71BPRIX Blackrock InflationPairCorr
  0.94MSSGX Small Pany GrowthPairCorr
  0.86ETNBX Eventide Limited TermPairCorr
  0.97AMGIX Income GrowthPairCorr
  0.76OWCIX Old Westbury CreditPairCorr
  0.9RYIFX Guggenheim ManagedPairCorr
  0.83BTFRX Bts Tactical FixedPairCorr
  0.94TFAZX Tfa Tactical IncomePairCorr
  0.97IPYSX Voya High YieldPairCorr
  0.86PFRMX Pimco Inflation ResponsePairCorr
  0.99IDXNX Voya Index SolutionPairCorr
  0.94FEIPX Fa529 Eq InPairCorr
  0.66PCLAX Pimco CommoditiesplusPairCorr
  0.71PREPX Real Estate SecuritiesPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Selected Mutual Fund performing well and Selected 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 Selected 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.

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