Saat Moderate Correlations
SMSDX Fund | USD 12.12 0.04 0.33% |
The current 90-days correlation between Saat Moderate Strategy and Gamco Global Telecommunications is 0.67 (i.e., Poor diversification). The correlation of Saat Moderate 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.
Saat Moderate Correlation With Market
Good diversification
The correlation between Saat Moderate Strategy and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Saat Moderate Strategy and DJI in the same portfolio, assuming nothing else is changed.
Saat |
Moving together with Saat Mutual Fund
0.98 | SRWAX | Saat Market Growth | PairCorr |
0.95 | SSCGX | Simt Small Cap | PairCorr |
0.97 | SSEAX | Siit Screened World | PairCorr |
0.92 | SSMAX | Siit Small Mid | PairCorr |
0.94 | TFCAX | Tax Free Conservative | PairCorr |
0.97 | SSPIX | Simt Sp 500 | PairCorr |
0.98 | SSTDX | Saat Servative Strategy | PairCorr |
0.96 | SBDAX | Stet California Municipal | PairCorr |
0.97 | ENIAX | Siit Opportunistic Income | PairCorr |
0.95 | STMSX | Simt Tax Managed | PairCorr |
0.98 | SCLAX | Simt Multi Asset | PairCorr |
0.67 | SCOAX | Siit E Fixed | PairCorr |
0.97 | SCPAX | Siit Large Cap | PairCorr |
0.96 | SCYYX | Stet California Municipal | PairCorr |
0.92 | SUSYX | Simt Managed Volatility | PairCorr |
0.94 | SUSAX | Siit Ultra Short | PairCorr |
0.84 | SDGFX | Sdit Short Duration | PairCorr |
0.98 | SDLAX | Siit Dynamic Asset | PairCorr |
0.97 | SVAYX | Simt Large Cap | PairCorr |
0.99 | SEAIX | Saat Aggressive Strategy | PairCorr |
0.9 | SVTAX | Simt Global Managed | PairCorr |
0.96 | SEDIX | Saat Defensive Strategy | PairCorr |
0.95 | SECAX | Siit Small Cap | PairCorr |
0.97 | SEDAX | Siit Emerging Markets | PairCorr |
0.71 | SEFIX | Sit International Fixed | PairCorr |
0.97 | SEEIX | Sei Instit International | PairCorr |
0.97 | SEFCX | Sit International Equity | PairCorr |
0.97 | SEHAX | Siit Equity Factor | PairCorr |
0.74 | SEIRX | Simt Real Estate | PairCorr |
0.98 | SEITX | Sit International Equity | PairCorr |
0.87 | SEIMX | Stet Intermediate Term | PairCorr |
0.98 | SEIYX | Simt High Yield | PairCorr |
0.95 | SEMCX | Simt Mid Cap | PairCorr |
0.97 | SELCX | Simt Large Cap | PairCorr |
0.97 | SEQFX | Sit Emerging Markets | PairCorr |
0.96 | SEPAX | Stet Pennsylvania | PairCorr |
0.92 | SEVIX | Simt Managed Volatility | PairCorr |
0.85 | SWSAX | Siit World Select | PairCorr |
0.95 | SFDYX | Simt Mid Cap | PairCorr |
0.95 | AAEZX | Enhanced Fixed Income | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Saat Mutual Fund performing well and Saat Moderate 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 Saat Moderate'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
GABTX | 0.54 | 0.23 | 0.02 | (4.47) | 0.31 | 1.33 | 2.87 | |||
TWTIX | 0.12 | 0.00 | (1.04) | 0.13 | 0.05 | 0.29 | 0.86 | |||
PCMNX | 0.11 | 0.01 | (1.04) | (0.95) | 0.00 | 0.25 | 0.59 | |||
TIMTX | 0.13 | 0.00 | (0.91) | 0.35 | 0.14 | 0.29 | 1.06 | |||
TUGXX | 0.03 | 0.01 | 0.00 | 4.08 | 0.00 | 0.00 | 1.01 | |||
SNCAX | 0.09 | 0.00 | (1.17) | 0.19 | 0.00 | 0.22 | 0.52 | |||
BMBSX | 0.09 | 0.01 | (1.27) | (6.90) | 0.00 | 0.18 | 0.45 | |||
BIDPX | 0.14 | 0.00 | (0.85) | 0.16 | 0.16 | 0.29 | 0.94 |