Aig Government Correlations

SMAAX Fund  USD 10.02  0.01  0.1%   
The current 90-days correlation between Aig Government Money and Adams Natural Resources is 0.11 (i.e., Average diversification). The correlation of Aig Government 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.

Aig Government Correlation With Market

Average diversification

The correlation between Aig Government Money and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aig Government Money 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 Aig Government Money. 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 Aig Mutual Fund

  0.96SAAAX Simt Multi AssetPairCorr
  0.97SRWAX Saat Market GrowthPairCorr
  0.68SRYRX Simt Real ReturnPairCorr
  0.95SSCGX Simt Small CapPairCorr
  0.96SSEAX Siit Screened WorldPairCorr
  0.97SSGAX Saat Aggressive StrategyPairCorr
  0.97SASDX Saat Aggressive StrategyPairCorr
  0.94SSMAX Siit Small MidPairCorr
  0.97TFCAX Tax Free ConservativePairCorr
  0.97TFCYX Tax Free ConservativePairCorr
  0.96SSPIX Simt Sp 500PairCorr
  0.97SSTDX Saat Servative StrategyPairCorr
  1.0SBDAX Stet California MunicipalPairCorr
  0.66STAYX Stet Tax AdvantagedPairCorr
  0.97STDAX Saat Defensive StrategyPairCorr
  0.97ENIAX Siit Opportunistic IncomePairCorr
  0.96STLYX Simt Tax ManagedPairCorr
  0.94STMPX Simt Tax ManagedPairCorr
  0.94STMSX Simt Tax ManagedPairCorr
  0.93STVYX Simt Tax ManagedPairCorr
  0.69SCFYX Simt E FixedPairCorr
  0.98SCMSX Saat E MarketPairCorr
  0.98SCLAX Simt Multi AssetPairCorr
  0.68CFVAX Catholic Values FixedPairCorr
  0.68CFVYX Catholic Values FixedPairCorr
  0.97SCPAX Siit Large CapPairCorr
  0.66SCXIX Sei Insti MgdPairCorr
  0.81SCYYX Stet California MunicipalPairCorr
  0.99SUMAX Stet Short DurationPairCorr
  0.91SUSYX Simt Managed VolatilityPairCorr
  0.96SUSAX Siit Ultra ShortPairCorr
  0.86SDGFX Sdit Short DurationPairCorr
  0.96SDLAX Siit Dynamic AssetPairCorr
  0.96SVAYX Simt Large CapPairCorr
  0.96SDYAX Simt Dynamic AssetPairCorr
  0.91SVOAX Simt Managed VolatilityPairCorr
  0.96SDYYX Simt Dynamic AssetPairCorr
  0.97SVSAX Saat Servative StrategyPairCorr
  0.97SEAIX Saat Aggressive StrategyPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Aig Mutual Fund performing well and Aig Government 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 Aig Government'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.