Siit Ultra Correlations
SUSAX Fund | USD 9.97 0.00 0.00% |
The current 90-days correlation between Siit Ultra Short and Templeton Foreign Fund is 0.05 (i.e., Significant diversification). The correlation of Siit Ultra 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.
Siit |
Moving together with Siit Mutual Fund
0.63 | SAAAX | Simt Multi Asset | PairCorr |
0.65 | SRWAX | Saat Market Growth | PairCorr |
0.7 | SSCGX | Simt Small Cap | PairCorr |
0.74 | SSEAX | Siit Screened World | PairCorr |
0.72 | SSGAX | Saat Aggressive Strategy | PairCorr |
0.72 | SASDX | Saat Aggressive Strategy | PairCorr |
0.95 | TFCAX | Tax Free Conservative | PairCorr |
0.95 | TFCYX | Tax Free Conservative | PairCorr |
0.61 | SSPIX | Simt Sp 500 | PairCorr |
0.73 | SSTDX | Saat Servative Strategy | PairCorr |
0.93 | SBDAX | Stet California Municipal | PairCorr |
0.63 | STAYX | Stet Tax Advantaged | PairCorr |
0.78 | STDAX | Saat Defensive Strategy | PairCorr |
0.79 | ENIAX | Siit Opportunistic Income | PairCorr |
0.61 | STLYX | Simt Tax Managed | PairCorr |
0.68 | STVYX | Simt Tax Managed | PairCorr |
0.67 | SCMSX | Saat E Market | PairCorr |
0.61 | SCPAX | Siit Large Cap | PairCorr |
0.67 | SUSYX | Simt Managed Volatility | PairCorr |
0.71 | SVOAX | Simt Managed Volatility | PairCorr |
0.67 | SDYYX | Simt Dynamic Asset | PairCorr |
0.76 | SVSAX | Saat Servative Strategy | PairCorr |
0.64 | SEAIX | Saat Aggressive Strategy | PairCorr |
Related Correlations Analysis
0.96 | 0.97 | 0.99 | 0.96 | 0.96 | 0.97 | TEFRX | ||
0.96 | 0.97 | 0.97 | 1.0 | 1.0 | 0.96 | FLDFX | ||
0.97 | 0.97 | 0.99 | 0.97 | 0.96 | 0.97 | UOPSX | ||
0.99 | 0.97 | 0.99 | 0.97 | 0.97 | 0.97 | SILLX | ||
0.96 | 1.0 | 0.97 | 0.97 | 0.99 | 0.95 | LANIX | ||
0.96 | 1.0 | 0.96 | 0.97 | 0.99 | 0.96 | LWLAX | ||
0.97 | 0.96 | 0.97 | 0.97 | 0.95 | 0.96 | AUERX | ||
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Risk-Adjusted Indicators
There is a big difference between Siit Mutual Fund performing well and Siit Ultra 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 Siit Ultra'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
TEFRX | 0.84 | 0.16 | 0.11 | 0.44 | 0.48 | 2.17 | 10.30 | |||
FLDFX | 0.50 | 0.23 | (0.10) | (0.95) | 0.27 | 1.38 | 6.00 | |||
UOPSX | 2.12 | 0.23 | 0.23 | 0.34 | 1.92 | 5.24 | 32.39 | |||
SILLX | 0.75 | 0.11 | 0.09 | 0.37 | 0.44 | 2.04 | 11.42 | |||
LANIX | 0.74 | 0.37 | 0.03 | (0.85) | 0.56 | 1.95 | 10.97 | |||
LWLAX | 0.35 | 0.16 | (0.23) | (0.86) | 0.10 | 1.01 | 4.49 | |||
AUERX | 0.76 | 0.21 | 0.14 | 0.54 | 0.41 | 1.66 | 10.94 |