Saat Market Correlations

SMGSX Fund

USD 12.71 0.06 0.47%

The current 90-days correlation between Saat Market Growth and American Funds American is 0.88 (i.e., Very poor diversification). The correlation of Saat Market 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.

Saat Market Correlation With Market

Poor diversification

The correlation between Saat Market Growth and DJI is 0.77 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Saat Market Growth 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 Saat Market Growth. 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 state.

Moving together with Saat Mutual Fund

1.0	SRWAX	Saat Market Growth	Pair Corr
0.69	SSCGX	Simt Small Cap	Pair Corr
0.97	SSGAX	Saat Aggressive Strategy	Pair Corr
0.98	SASDX	Saat Aggressive Strategy	Pair Corr
0.75	SSMAX	Siit Small Mid	Pair Corr
0.78	SSPIX	Simt Sp 500	Pair Corr
0.61	SSTDX	Saat Servative Strategy	Pair Corr
0.64	STDAX	Saat Defensive Strategy	Pair Corr
0.85	STLYX	Simt Tax Managed	Pair Corr
0.68	STMPX	Simt Tax Managed	Pair Corr
0.68	STMSX	Simt Tax Managed	Pair Corr
0.95	SCMSX	Saat E Market	Pair Corr
0.74	SCPAX	Siit Large Cap	Pair Corr
0.75	SUSYX	Simt Managed Volatility	Pair Corr
0.75	SDLAX	Siit Dynamic Asset	Pair Corr
0.77	SVAYX	Simt Large Cap	Pair Corr
0.73	SDYAX	Simt Dynamic Asset	Pair Corr
0.75	SVOAX	Simt Managed Volatility	Pair Corr
0.73	SDYYX	Simt Dynamic Asset	Pair Corr
0.69	SVSAX	Saat Servative Strategy	Pair Corr
0.83	SVTAX	Simt Global Managed	Pair Corr
0.68	SECAX	Siit Small Cap	Pair Corr

Related Correlations Analysis

	FBONX	FBAFX	ABALX	BALCX	BALFX	RLBCX	RLBBX	CLBAX
FBONX		1.0	1.0	1.0	1.0	1.0	1.0	1.0	FBONX
FBAFX	1.0		1.0	1.0	1.0	1.0	1.0	1.0	FBAFX
ABALX	1.0	1.0		1.0	1.0	1.0	1.0	1.0	ABALX
BALCX	1.0	1.0	1.0		1.0	1.0	1.0	1.0	BALCX
BALFX	1.0	1.0	1.0	1.0		1.0	1.0	1.0	BALFX
RLBCX	1.0	1.0	1.0	1.0	1.0		1.0	1.0	RLBCX
RLBBX	1.0	1.0	1.0	1.0	1.0	1.0		1.0	RLBBX
CLBAX	1.0	1.0	1.0	1.0	1.0	1.0	1.0		CLBAX
	FBONX	FBAFX	ABALX	BALCX	BALFX	RLBCX	RLBBX	CLBAX

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Risk-Adjusted Indicators

There is a big difference between Saat Mutual Fund performing well and Saat Market 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 Saat Market'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
FBONX	0.37	(0.02)	(0.14)	0.07	0.45	(0.38)	0.75	(0.90)	2.11
FBAFX	0.37	(0.02)	(0.14)	0.07	0.45	(0.38)	0.75	(0.88)	2.11
ABALX	0.37	(0.02)	(0.14)	0.07	0.45	(0.38)	0.75	(0.90)	2.11
BALCX	0.37	(0.03)	(0.15)	0.07	0.45	(0.38)	0.75	(0.91)	2.13
BALFX	0.37	(0.02)	(0.14)	0.07	0.45	(0.38)	0.72	(0.91)	2.11
RLBCX	0.36	(0.02)	(0.14)	0.07	0.45	(0.38)	0.75	(0.88)	2.12
RLBBX	0.37	(0.03)	(0.15)	0.07	0.44	(0.38)	0.75	(0.89)	2.13
CLBAX	0.36	(0.02)	(0.14)	0.07	0.43	(0.39)	0.72	(0.91)	2.12

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Saat Market Correlations

Saat Market Correlation With Market

Poor diversification

Moving together with Saat Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

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