Sa Us Correlations

SAUMX Fund

USD 29.08 0.01 0.03%

The current 90-days correlation between Sa Small and Ab Bond Inflation is 0.41 (i.e., Very weak diversification). The correlation of Sa Us 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.

Sa Us Correlation With Market

Poor diversification

The correlation between Sa Small Company and DJI is 0.62 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sa Small Company and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sa Small Company. 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 population.

Moving together with SAUMX Mutual Fund

0.84	SABTX	Sa Value	Pair Corr
0.61	SAMKX	Sa Mkt Fd	Pair Corr
0.82	SAREX	Sa Real Estate	Pair Corr
0.8	SAWMX	Sa Worldwide Moderate	Pair Corr
0.99	VSMAX	Vanguard Small Cap	Pair Corr
0.99	VSCIX	Vanguard Small Cap	Pair Corr
0.99	VSCPX	Vanguard Small Cap	Pair Corr
0.99	NAESX	Vanguard Small Cap	Pair Corr
0.98	FSSNX	Fidelity Small Cap	Pair Corr
1.0	DFSTX	Us Small Cap	Pair Corr
0.9	PASVX	T Rowe Price	Pair Corr
0.9	PRVIX	T Rowe Price	Pair Corr
0.91	TRZVX	T Rowe Price	Pair Corr
0.9	PRSVX	T Rowe Price	Pair Corr
0.61	VSTSX	Vanguard Total Stock	Pair Corr
0.61	VSMPX	Vanguard Total Stock	Pair Corr
0.61	VITSX	Vanguard Total Stock	Pair Corr
0.64	VINIX	Vanguard Institutional	Pair Corr

Moving against SAUMX Mutual Fund

0.5

LGRAX

Lord Abbett Investment

Pair Corr

Related Correlations Analysis

	ABNCX	MIIIX	MSTBX	TTRBX	ARTFX	JAAEX	PYACX
ABNCX		0.79	0.9	0.94	0.73	0.79	0.8	ABNCX
MIIIX	0.79		0.63	0.87	0.32	1.0	0.99	MIIIX
MSTBX	0.9	0.63		0.89	0.83	0.62	0.63	MSTBX
TTRBX	0.94	0.87	0.89		0.7	0.87	0.87	TTRBX
ARTFX	0.73	0.32	0.83	0.7		0.33	0.36	ARTFX
JAAEX	0.79	1.0	0.62	0.87	0.33		1.0	JAAEX
PYACX	0.8	0.99	0.63	0.87	0.36	1.0		PYACX
	ABNCX	MIIIX	MSTBX	TTRBX	ARTFX	JAAEX	PYACX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between SAUMX Mutual Fund performing well and Sa Us 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 Sa Us' 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
ABNCX	0.15	0.02	0.12	0.32	0.00	(0.18)	0.30	(0.30)	0.90
MIIIX	0.25	0.02	0.10	0.33	0.17	(0.35)	0.64	(0.43)	1.42
MSTBX	0.11	0.02	0.14	0.81	0.00	(0.15)	0.21	(0.21)	0.62
TTRBX	0.16	0.02	0.13	0.77	0.00	(0.21)	0.41	(0.30)	0.91
ARTFX	0.11	0.02	0.12	(1.30)	0.00	(0.20)	0.44	(0.22)	1.22
JAAEX	0.24	0.02	0.09	0.26	0.19	(0.28)	0.62	(0.36)	1.45
PYACX	0.27	0.02	0.09	0.28	0.22	(0.32)	0.61	(0.51)	1.75

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC