Saat Moderate Correlations

SMOAX Fund

USD 11.79 0.03 0.26%

The current 90-days correlation between Saat Moderate Strategy and Vanguard Wellesley Income is 0.87 (i.e., Very poor diversification). The correlation of Saat Moderate 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 Moderate Correlation With Market

Significant diversification

The correlation between Saat Moderate Strategy and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Saat Moderate Strategy 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 Moderate Strategy. 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 Saat Mutual Fund

0.88	SAAAX	Simt Multi Asset	Pair Corr
0.78	SRWAX	Saat Market Growth	Pair Corr
0.9	SRYRX	Simt Real Return	Pair Corr
0.76	SSEAX	Siit Screened World	Pair Corr
0.64	SSGAX	Saat Aggressive Strategy	Pair Corr
0.7	STAYX	Stet Tax Advantaged	Pair Corr
0.92	SCMSX	Saat E Market	Pair Corr
0.9	RRPAX	Siit Real Return	Pair Corr
0.65	SEFCX	Sit International Equity	Pair Corr
0.62	SEIRX	Simt Real Estate	Pair Corr
0.65	SEITX	Sit International Equity	Pair Corr
0.64	SEIMX	Stet Intermediate Term	Pair Corr
0.66	SEQFX	Sit Emerging Markets	Pair Corr
0.68	SGLYX	Simt Global Managed	Pair Corr

Related Correlations Analysis

	VWINX	VWIAX	AAVXF	SCRYY	444859BR2	AQUI	SCRYX	MSTSX	LBHIX	ABHYX
VWINX		0.9	0.0	0.27	-0.19	0.0	0.34	0.6	0.69	0.7	VWINX
VWIAX	0.9		0.0	0.24	-0.13	0.0	0.26	0.62	0.61	0.65	VWIAX
AAVXF	0.0	0.0		0.0	0.0	-1.0	0.0	0.0	0.0	0.0	AAVXF
SCRYY	0.27	0.24	0.0		-0.44	0.0	0.44	0.47	0.5	0.31	SCRYY
444859BR2	-0.19	-0.13	0.0	-0.44		0.0	-0.63	-0.62	-0.59	-0.09	444859BR2
AQUI	0.0	0.0	-1.0	0.0	0.0		0.0	0.0	0.0	0.0	AQUI
SCRYX	0.34	0.26	0.0	0.44	-0.63	0.0		0.58	0.6	-0.03	SCRYX
MSTSX	0.6	0.62	0.0	0.47	-0.62	0.0	0.58		0.72	0.4	MSTSX
LBHIX	0.69	0.61	0.0	0.5	-0.59	0.0	0.6	0.72		0.62	LBHIX
ABHYX	0.7	0.65	0.0	0.31	-0.09	0.0	-0.03	0.4	0.62		ABHYX
	VWINX	VWIAX	AAVXF	SCRYY	444859BR2	AQUI	SCRYX	MSTSX	LBHIX	ABHYX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

VWIAX	+ 0.9	VWINX
LBHIX	+ 0.72	MSTSX
ABHYX	+ 0.7	VWINX
LBHIX	+ 0.69	VWINX
ABHYX	+ 0.65	VWIAX
MSTSX	+ 0.62	VWIAX

High negative correlations

AQUI	- 1.0	AAVXF
SCRYX	- 0.63	444859BR2
MSTSX	- 0.62	444859BR2
LBHIX	- 0.59	444859BR2
444859BR2	- 0.44	SCRYY
444859BR2	- 0.19	VWINX

Risk-Adjusted Indicators

There is a big difference between Saat Mutual Fund performing well and Saat Moderate 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 Moderate'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
VWINX	0.23	0.00	(0.26)	0.00	0.27	(0.24)	0.46	(0.42)	1.42
VWIAX	0.23	(0.02)	(0.27)	0.01	0.27	(0.24)	0.46	(0.43)	1.41
AAVXF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SCRYY	2.12	0.43	0.13	(1.15)	2.05	(2.81)	5.61	(4.09)	12.99
444859BR2	1.32	0.04	0.00	0.04	0.00	0.00	5.93	(4.60)	16.62
AQUI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SCRYX	0.97	0.09	0.01	0.99	0.96	(1.10)	2.39	(1.69)	7.88
MSTSX	0.49	(0.03)	(0.09)	0.05	0.52	(0.59)	1.21	(1.02)	2.80
LBHIX	0.11	0.00	(0.27)	0.00	0.00	(0.29)	0.24	(0.24)	0.96
ABHYX	0.16	0.00	(0.17)	0.11	0.26	(0.23)	0.34	(0.33)	1.91

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

2024 Macroaxis LLC