Sei Institutional Correlations

LLOAX Fund

10.30 0.01 0.1%

The current 90-days correlation between Sei Institutional Managed and Six Circles Credit is 0.32 (i.e., Weak diversification). The correlation of Sei Institutional 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.

Sei Institutional Correlation With Market

Weak diversification

The correlation between Sei Institutional Managed and DJI is 0.36 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sei Institutional Managed and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sei Institutional Managed. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Sei Mutual Fund

0.64	SAAAX	Simt Multi Asset	Pair Corr
0.83	SRWAX	Saat Market Growth	Pair Corr
0.8	SSCGX	Simt Small Cap	Pair Corr
0.64	SASDX	Saat Aggressive Strategy	Pair Corr
0.82	SSMAX	Siit Small Mid	Pair Corr
0.78	SSPIX	Simt Sp 500	Pair Corr
0.61	SSTDX	Saat Servative Strategy	Pair Corr
0.67	SBDAX	Stet California Municipal	Pair Corr
0.72	STAYX	Stet Tax Advantaged	Pair Corr
0.78	STLYX	Simt Tax Managed	Pair Corr
0.74	STMPX	Simt Tax Managed	Pair Corr
0.75	STMSX	Simt Tax Managed	Pair Corr
0.67	STVYX	Simt Tax Managed	Pair Corr
0.69	SCFYX	Simt E Fixed	Pair Corr
0.61	SCMSX	Saat E Market	Pair Corr
0.77	SCLAX	Simt Multi Asset	Pair Corr
0.66	CFVAX	Catholic Values Fixed	Pair Corr
0.69	CFVYX	Catholic Values Fixed	Pair Corr
0.8	SCPAX	Siit Large Cap	Pair Corr
0.69	SCXIX	Sei Insti Mgd	Pair Corr
0.69	SCYYX	Stet California Municipal	Pair Corr
0.72	SUSYX	Simt Managed Volatility	Pair Corr
0.78	SDLAX	Siit Dynamic Asset	Pair Corr
0.76	SVAYX	Simt Large Cap	Pair Corr
0.81	SDYAX	Simt Dynamic Asset	Pair Corr
0.72	SVOAX	Simt Managed Volatility	Pair Corr
0.81	SDYYX	Simt Dynamic Asset	Pair Corr
0.63	SEAIX	Saat Aggressive Strategy	Pair Corr
0.72	SEATX	Stet Tax Advantaged	Pair Corr

Moving against Sei Mutual Fund

0.37

SECYX

Sdit Ultra Short

Pair Corr

Related Correlations Analysis

	CRDOX	SHYIX	FPIOX	DNHYX	MRHYX	SEIYX	VRHYX
CRDOX		0.94	0.94	0.97	0.96	0.93	0.94	CRDOX
SHYIX	0.94		0.98	0.96	0.95	0.98	0.98	SHYIX
FPIOX	0.94	0.98		0.96	0.95	0.97	0.98	FPIOX
DNHYX	0.97	0.96	0.96		0.98	0.95	0.94	DNHYX
MRHYX	0.96	0.95	0.95	0.98		0.93	0.94	MRHYX
SEIYX	0.93	0.98	0.97	0.95	0.93		0.96	SEIYX
VRHYX	0.94	0.98	0.98	0.94	0.94	0.96		VRHYX
	CRDOX	SHYIX	FPIOX	DNHYX	MRHYX	SEIYX	VRHYX

Click cells to compare fundamentals

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Risk-Adjusted Indicators

There is a big difference between Sei Mutual Fund performing well and Sei Institutional 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 Sei Institutional'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
CRDOX	0.12	0.01	(0.24)	0.20	(0.16)	0.23	(0.23)	0.90
SHYIX	0.13	0.01	(0.26)	0.46	(0.21)	0.25	(0.25)	1.11
FPIOX	0.15	0.02	(0.18)	0.29	(0.23)	0.57	(0.23)	1.04
DNHYX	0.14	0.02	(0.16)	0.36	(0.19)	0.23	(0.23)	1.04
MRHYX	0.11	0.01	(0.25)	0.25	(0.16)	0.24	(0.23)	0.59
SEIYX	0.15	0.02	(0.20)	0.43	(0.27)	0.20	(0.20)	1.18
VRHYX	0.15	0.02	(0.16)	0.45	(0.33)	0.26	(0.26)	1.30

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