Small Capitalization Correlations

Mutual Funds . USA . 
Fund . Small Capitalization Portfolio
SSCPX Fund  USD 7.45  0.09  1.22%   
The current 90-days correlation between Small Capitalization and Morningstar Global Income is 0.34 (i.e., Weak diversification). The correlation of Small Capitalization 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.

Small Capitalization Correlation With Market

Almost no diversification

The correlation between Small Capitalization Portfolio and DJI is 0.92 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Small Capitalization Portfolio 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 Small Capitalization Portfolio. 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 employment.

Moving together with Small Mutual Fund

  0.96SABAX Salient Alternative BetaPairCorr
  0.96SABIX Aggressive BalancedPairCorr
  0.96SABCX Salient Alternative BetaPairCorr
  0.96SAMAX Moderately AggressivePairCorr
  0.96SAMCX Salient Mlp FundPairCorr
  0.96SAMIX Moderately AggressivePairCorr
  0.99SSCCX Saratoga Small CapitPairCorr
  1.0SSCYX Small CapitalizationPairCorr
  0.95SBCCX Moderately ServativePairCorr
  0.87SBHIX Health BiotchnologyPairCorr
  0.95SBMCX Moderate BalancedPairCorr
  0.95SBMIX Moderate BalancedPairCorr
  0.88STPAX Technology CommunicationsPairCorr
  0.91STPCX Technology CommunicationsPairCorr
  0.86STPIX Technology CommunicationsPairCorr
  0.95SCAAX Conservative BalancedPairCorr
  0.95SUMCX Conservative BalancedPairCorr
  0.89SHPAX Health BiotchnologyPairCorr
  0.93SHPCX Health BiotchnologyPairCorr
  0.85SIEYX International EquityPairCorr
  0.84SIECX International EquityPairCorr
  0.85SIEPX International EquityPairCorr
  0.98SLCVX Large Cap ValuePairCorr
  0.83SLGYX Large CapitalizationPairCorr
  0.96SLVCX Large Cap ValuePairCorr
  0.97SLVYX Large Cap ValuePairCorr
  0.96SMACX Moderately ConservativePairCorr
  0.96SMICX Moderately ConservativePairCorr
  0.98SMIPX Mid CapitalizationPairCorr
  0.95SMPAX Moderate BalancedPairCorr
  0.95LUNAX Conservative BalancedPairCorr
  0.97SPMAX Mid CapitalizationPairCorr
  0.95VSMAX Vanguard Small CapPairCorr

Moving against Small Mutual Fund

  0.92SLGCX Large CapitalizationPairCorr
  0.86SPMCX Mid CapitalizationPairCorr
  0.58ERH Allspring Utilities AndPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Small Mutual Fund performing well and Small Capitalization 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 Small Capitalization'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