Saratoga Small Competition
| SSCCX Fund | USD 0.37 0.01 2.63% |
Saratoga Small vs Multisector Bond Correlation
Almost no diversification
The correlation between Saratoga Small Capitalization and MBSAX is 0.91 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Saratoga Small Capitalization and MBSAX in the same portfolio, assuming nothing else is changed.
Moving together with Saratoga Mutual Fund
| 0.97 | SABAX | Salient Alternative Beta | PairCorr |
| 0.97 | SABIX | Aggressive Balanced | PairCorr |
| 0.97 | SABCX | Salient Alternative Beta | PairCorr |
| 0.97 | SAMAX | Moderately Aggressive | PairCorr |
| 0.97 | SAMCX | Salient Mlp Fund | PairCorr |
Moving against Saratoga Mutual Fund
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Saratoga Small's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Saratoga Small Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Saratoga Small and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Saratoga and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Saratoga Small Capit does not affect the price movement of the other competitor.
| 0.96 | 0.74 | 0.74 | 0.73 | 0.62 | PATFX | ||
| 0.96 | 0.77 | 0.74 | 0.75 | 0.75 | TFBIX | ||
| 0.74 | 0.77 | 0.92 | 0.79 | 0.77 | DODLX | ||
| 0.74 | 0.74 | 0.92 | 0.93 | 0.71 | IPBAX | ||
| 0.73 | 0.75 | 0.79 | 0.93 | 0.71 | CCD | ||
| 0.62 | 0.75 | 0.77 | 0.71 | 0.71 | MBSAX | ||
Risk-Adjusted Indicators
There is a big difference between Saratoga Mutual Fund performing well and Saratoga Small 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 Saratoga Small'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PATFX | 0.09 | 0.00 | (0.17) | 0.23 | 0.00 | 0.27 | 0.90 | |||
| TFBIX | 0.07 | 0.00 | (0.17) | 0.15 | 0.00 | 0.20 | 0.69 | |||
| DODLX | 0.15 | 0.00 | (0.13) | 0.06 | 0.11 | 0.27 | 0.63 | |||
| IPBAX | 0.38 | 0.06 | 0.08 | 0.19 | 0.33 | 0.71 | 1.64 | |||
| CCD | 0.75 | 0.07 | 0.06 | 0.12 | 0.82 | 1.66 | 4.60 | |||
| MBSAX | 0.21 | 0.02 | (0.05) | 0.15 | 0.14 | 0.37 | 2.24 |
Saratoga Small Competitive Analysis
The better you understand Saratoga Small competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Saratoga Small's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Saratoga Small's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Saratoga Small Competition Performance Charts
Five steps to successful analysis of Saratoga Small Competition
Saratoga Small's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Saratoga Small Capit in relation to its competition. Saratoga Small's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Saratoga Small in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Saratoga Small's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Saratoga Small Capit, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Saratoga Small position
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Other Information on Investing in Saratoga Mutual Fund
Saratoga Small financial ratios help investors to determine whether Saratoga Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Saratoga with respect to the benefits of owning Saratoga Small security.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |