Siit Large Correlations

Mutual Funds . USA . 
Fund . Siit Large Cap
SLCAX Fund  USD 13.21  0.08  0.60%   
The current 90-days correlation between Siit Large Cap and Oppenheimer Gold Special is 0.02 (i.e., Significant diversification). The correlation of Siit Large 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.

Siit Large Correlation With Market

Very poor diversification

The correlation between Siit Large Cap and DJI is 0.8 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Siit Large Cap 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 Siit Large Cap. 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 Siit Mutual Fund

  0.68SAAAX Simt Multi AssetPairCorr
  0.95SSCGX Simt Small CapPairCorr
  0.99SSEAX Siit Screened WorldPairCorr
  0.98SSGAX Saat Aggressive StrategyPairCorr
  0.96SSMAX Siit Small MidPairCorr
  0.8TFCAX Tax Free ConservativePairCorr
  0.97SSPIX Simt Sp 500PairCorr
  0.85SSTDX Saat Servative StrategyPairCorr
  0.81SBDAX Stet California MunicipalPairCorr
  0.88STDAX Saat Defensive StrategyPairCorr
  0.89ENIAX Siit Opportunistic IncomePairCorr
  0.87STLYX Simt Tax ManagedPairCorr
  0.91STMPX Simt Tax ManagedPairCorr
  0.97STVYX Simt Tax ManagedPairCorr
  0.95SCLAX Simt Multi AssetPairCorr
  0.99SCPAX Siit Large CapPairCorr
  0.97SUSYX Simt Managed VolatilityPairCorr
  0.81SUSAX Siit Ultra ShortPairCorr
  0.8SDGFX Sdit Short DurationPairCorr
  1.0SDLAX Siit Dynamic AssetPairCorr
  0.97SVAYX Simt Large CapPairCorr
  0.97SVOAX Simt Managed VolatilityPairCorr
  0.86SVSAX Saat Servative StrategyPairCorr
  0.98SEAIX Saat Aggressive StrategyPairCorr
  0.96SECAX Siit Small CapPairCorr
  0.97SEFCX Sit International EquityPairCorr
  0.97SEHAX Siit Equity FactorPairCorr
  0.96SEIRX Simt Real EstatePairCorr
  0.94SEIYX Simt High YieldPairCorr
  0.97SEMCX Simt Mid CapPairCorr
  0.8SEQFX Sit Emerging MarketsPairCorr
  0.97SEUIX Simt Large CapPairCorr
  0.97SFDYX Simt Mid CapPairCorr
  0.85AAEZX Enhanced Fixed IncomePairCorr
  0.98WEUSX Siit World EquityPairCorr
  1.0SXMAX Saat Moderate StrategyPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Siit Mutual Fund performing well and Siit Large 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 Siit Large'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.

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
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY