Saat Aggressive Correlations

Mutual Funds . USA . 
Fund . Saat Aggressive Strategy
SSGAX Fund  USD 14.99  0.07  0.47%   
The current 90-days correlation between Saat Aggressive Strategy and Saat Market Growth is 0.94 (i.e., Almost no diversification). The correlation of Saat Aggressive 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 Aggressive Correlation With Market

Very weak diversification

The correlation between Saat Aggressive Strategy and DJI is 0.42 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Saat Aggressive 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 Aggressive 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

  0.83SRWAX Saat Market GrowthPairCorr
  0.72SSCGX Simt Small CapPairCorr
  0.61STLYX Simt Tax ManagedPairCorr
  0.61SCXIX Sei Insti MgdPairCorr
  0.97SVSAX Saat Servative StrategyPairCorr
  0.66SECAX Siit Small CapPairCorr
  0.66RRPAX Siit Real ReturnPairCorr
  0.81SEDAX Siit Emerging MarketsPairCorr
  0.75SEHAX Siit Equity FactorPairCorr
  0.93AAEZX Enhanced Fixed IncomePairCorr
  0.82LLOAX Sei Institutional ManagedPairCorr
  0.68SGOAX Saat Market GrowthPairCorr
  0.62SINYX Stet Intermediate TermPairCorr
  0.77SISAX Saat Tax ManagedPairCorr
  0.8SITEX Sit Emerging MarketsPairCorr
  0.62SLDAX Siit Long DurationPairCorr
  0.69SMAAX Aig Government MoneyPairCorr
  0.66SMGAX Saat Servative StrategyPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Saat Mutual Fund performing well and Saat Aggressive 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 Aggressive'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.

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