Segall Bryant Correlations

SBHPX Fund

USD 10.12 0.01 0.1%

The current 90-days correlation between Segall Bryant Hamill and Nebraska Municipal Fund is 0.17 (i.e., Average diversification). The correlation of Segall Bryant 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.

Segall Bryant Correlation With Market

Average diversification

The correlation between Segall Bryant Hamill and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Segall Bryant Hamill 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 Segall Bryant Hamill. 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 american community survey.

Moving together with Segall Mutual Fund

0.98	SBAPX	Segall Bryant Hamill	Pair Corr
0.89	WTLTX	Westcore Flexible Income	Pair Corr
0.89	WILTX	Westcore Flexible Income	Pair Corr
0.77	LALDX	Lord Abbett Short	Pair Corr
0.84	LDLAX	Lord Abbett Short	Pair Corr
0.81	LDLRX	Lord Abbett Short	Pair Corr

Moving against Segall Mutual Fund

0.73

PFHCX

Pacific Funds Small

Pair Corr

Related Correlations Analysis

	NEITX	PRFHX	OKMUX	ABIMX	PRINX
NEITX		0.84	0.99	0.93	0.89	NEITX
PRFHX	0.84		0.85	0.95	0.98	PRFHX
OKMUX	0.99	0.85		0.93	0.9	OKMUX
ABIMX	0.93	0.95	0.93		0.98	ABIMX
PRINX	0.89	0.98	0.9	0.98		PRINX
	NEITX	PRFHX	OKMUX	ABIMX	PRINX

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Risk-Adjusted Indicators

There is a big difference between Segall Mutual Fund performing well and Segall Bryant 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 Segall Bryant'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
NEITX	0.16	0.01	(0.24)	0.04	0.27	(0.27)	0.43	(0.32)	1.62
PRFHX	0.15	0.02	(0.27)	(0.06)	0.22	(0.23)	0.44	(0.44)	1.61
OKMUX	0.15	0.01	(0.24)	0.05	0.23	(0.27)	0.29	(0.47)	1.52
ABIMX	0.18	0.02	(0.25)	(0.05)	0.27	(0.24)	0.40	(0.50)	1.73
PRINX	0.16	0.02	(0.29)	(0.07)	0.22	(0.24)	0.44	(0.44)	1.59

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