Steward Select Correlations
| SEAAX Fund | USD 24.64 0.00 0.00% |
The correlation of Steward Select 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 Steward Mutual Fund performing well and Steward Select 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 Steward Select'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SEEKX | 0.86 | (0.17) | 0.00 | (0.40) | 0.00 | 1.12 | 8.03 | |||
| TRDFX | 0.86 | (0.25) | 0.00 | (0.46) | 0.00 | 1.21 | 5.99 | |||
| SEACX | 0.21 | (0.01) | 0.41 | 0.05 | 0.22 | 0.46 | 1.24 | |||
| SNTKX | 0.89 | (0.11) | 0.00 | (0.63) | 0.00 | 1.50 | 14.14 | |||
| SEECX | 0.86 | (0.17) | 0.00 | (0.40) | 0.00 | 1.12 | 8.10 |