Sei Daily Correlations
| SCPXX Fund | USD 1.00 0.00 0.00% |
The correlation of Sei Daily 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.
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Risk-Adjusted Indicators
There is a big difference between Sei Money Market Fund performing well and Sei Daily Money Market 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 Daily'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VGSBX | 0.24 | (0.02) | 0.00 | 4.59 | 0.00 | 0.43 | 1.83 | |||
| UIPMX | 1.33 | (0.11) | 0.00 | (0.22) | 0.00 | 2.57 | 7.60 | |||
| GLRBX | 0.39 | (0.02) | 0.00 | (0.25) | 0.00 | 0.63 | 3.20 | |||
| SGDLX | 1.30 | (0.15) | 0.00 | (1.00) | 0.00 | 2.36 | 7.55 | |||
| IIGCX | 1.31 | (0.10) | 0.00 | (0.26) | 0.00 | 2.68 | 8.36 | |||
| FEGOX | 1.23 | (0.15) | 0.00 | (0.93) | 0.00 | 2.13 | 7.79 | |||
| UNWPX | 1.26 | (0.09) | 0.00 | (0.46) | 0.00 | 2.67 | 6.71 |