Ridgeworth Seix Correlations

STGIX Fund

USD 9.43 0.02 0.21%

The correlation of Ridgeworth Seix 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.

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Moving together with Ridgeworth Mutual Fund

1.0	VBTLX	Vanguard Total Bond	Pair Corr
0.9	XDSMX	Dreyfus Strategic	Pair Corr
0.91	XNXJX	Nuveen New Jersey	Pair Corr
0.82	NXJ	Nuveen New Jersey	Pair Corr
0.87	XNBHX	Neuberger Berman Int	Pair Corr
0.9	FPXIX	Fidelity Advisor 529	Pair Corr
0.79	GPICX	Guidepath Conservative	Pair Corr
0.68	INTC	Intel Aggressive Push	Pair Corr
0.8	WMT	Walmart	Pair Corr
0.63	CAT	Caterpillar	Pair Corr
0.69	GE	GE Aerospace	Pair Corr
0.71	AA	Alcoa Corp	Pair Corr

Moving against Ridgeworth Mutual Fund

0.7	VZ	Verizon Communications	Pair Corr
0.61	T	ATT Inc	Pair Corr
0.51	PCF	Putnam High Income	Pair Corr
0.47	PG	Procter Gamble	Pair Corr
0.4	HD	Home Depot	Pair Corr

Related Correlations Analysis

	SRDAX	QDARX	MNDWX	MDBYX	PGBAX
SRDAX		0.55	0.74	0.6	0.45	SRDAX
QDARX	0.55		0.84	0.71	0.4	QDARX
MNDWX	0.74	0.84		0.94	0.75	MNDWX
MDBYX	0.6	0.71	0.94		0.89	MDBYX
PGBAX	0.45	0.4	0.75	0.89		PGBAX
	SRDAX	QDARX	MNDWX	MDBYX	PGBAX

Risk-Adjusted Indicators

There is a big difference between Ridgeworth Mutual Fund performing well and Ridgeworth Seix 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 Ridgeworth Seix'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	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
SRDAX	0.13	0.03	0.05	(0.61)	(0.18)	0.28	(0.28)	0.85
QDARX	0.07	0.02	(0.03)	0.36	(0.10)	0.15	(0.08)	0.31
MNDWX	0.08	0.03	0.07	1.56	(0.13)	0.19	(0.10)	0.58
MDBYX	0.15	0.03	0.03	1.11	(0.20)	0.35	(0.24)	0.83
PGBAX	0.12	0.01	(0.05)	0.19	(0.16)	0.25	(0.17)	0.75

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Ridgeworth Seix Correlations

Moving together with Ridgeworth Mutual Fund

Moving against Ridgeworth Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

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