Enhanced Fixed Correlations
| AAEZX Fund | 10.33 0.03 0.29% |
The correlation of Enhanced Fixed 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.
Enhanced Fixed Correlation With Market
Very weak diversification
The correlation between Enhanced Fixed Income and DJI is 0.46 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Enhanced Fixed Income and DJI in the same portfolio, assuming nothing else is changed.
Enhanced |
Moving together with Enhanced Mutual Fund
| 0.77 | SRWAX | Saat Market Growth | PairCorr |
| 0.61 | SASDX | Saat Aggressive Strategy | PairCorr |
| 0.75 | TFCAX | Tax Free Conservative | PairCorr |
| 0.74 | TFCYX | Tax Free Conservative | PairCorr |
| 0.91 | SSTDX | Saat Servative Strategy | PairCorr |
| 0.75 | SBDAX | Stet California Municipal | PairCorr |
| 0.88 | STDAX | Saat Defensive Strategy | PairCorr |
| 0.9 | ENIAX | Siit Opportunistic Income | PairCorr |
| 0.67 | STLYX | Simt Tax Managed | PairCorr |
| 0.89 | SCMSX | Saat E Market | PairCorr |
| 0.79 | SCLAX | Simt Multi Asset | PairCorr |
| 0.75 | SCYYX | Stet California Municipal | PairCorr |
| 0.66 | SUMAX | Stet Short Duration | PairCorr |
| 0.74 | SUSAX | Siit Ultra Short | PairCorr |
| 0.78 | SDGFX | Sdit Short Duration | PairCorr |
| 0.92 | SVSAX | Saat Servative Strategy | PairCorr |
| 0.61 | SEAIX | Saat Aggressive Strategy | PairCorr |
Moving against Enhanced Mutual Fund
Related Correlations Analysis
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | MCBXX | ||
| 0.0 | 0.88 | 0.87 | 0.82 | 0.6 | 0.99 | VFAIX | ||
| 0.0 | 0.88 | 0.72 | 0.59 | 0.53 | 0.89 | BTO | ||
| 0.0 | 0.87 | 0.72 | 0.95 | 0.66 | 0.79 | RMBLX | ||
| 0.0 | 0.82 | 0.59 | 0.95 | 0.65 | 0.74 | GCFSX | ||
| 0.0 | 0.6 | 0.53 | 0.66 | 0.65 | 0.55 | XFINX | ||
| 0.0 | 0.99 | 0.89 | 0.79 | 0.74 | 0.55 | FNPIX | ||
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Enhanced Mutual Fund performing well and Enhanced Fixed 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 Enhanced Fixed'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MCBXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| VFAIX | 0.66 | 0.03 | (0.01) | 0.21 | 0.93 | 1.34 | 4.27 | |||
| BTO | 0.94 | (0.01) | (0.03) | (0.01) | 1.52 | 1.91 | 7.11 | |||
| RMBLX | 1.04 | 0.20 | 0.11 | 1.11 | 1.17 | 3.00 | 7.72 | |||
| GCFSX | 0.52 | 0.12 | 0.10 | (2.88) | 0.53 | 1.39 | 3.52 | |||
| XFINX | 0.14 | 0.00 | (0.13) | (0.83) | 0.24 | 0.22 | 1.44 | |||
| FNPIX | 0.97 | 0.03 | (0.01) | 0.19 | 1.41 | 1.80 | 5.80 |