Sextant International Correlations

SSIFX Fund

USD 23.20 0.41 1.80%

The current 90-days correlation between Sextant International and Sextant Growth Fund is 0.75 (i.e., Poor diversification). The correlation of Sextant International 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.

Sextant International Correlation With Market

Average diversification

The correlation between Sextant International Fund and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sextant International Fund 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 Sextant International Fund. 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 census.

Moving together with Sextant Mutual Fund

0.66	SBIFX	Sextant Bond Income	Pair Corr
0.83	SCORX	Sextant E Fund	Pair Corr
0.74	SGHIX	Sextant Global High	Pair Corr
0.87	SIFZX	Sextant International	Pair Corr
0.84	RERFX	Europacific Growth	Pair Corr
0.84	AEPFX	Europacific Growth	Pair Corr
0.83	CEUAX	Europacific Growth	Pair Corr
0.82	CEUCX	Europacific Growth	Pair Corr
0.83	RERCX	Europacific Growth	Pair Corr
0.83	REREX	Europacific Growth	Pair Corr
0.84	RERGX	Europacific Growth	Pair Corr
0.76	CEUFX	Europacific Growth	Pair Corr
0.76	CEUEX	Europacific Growth	Pair Corr
0.82	RERAX	Europacific Growth	Pair Corr
0.73	NHS	Neuberger Berman High	Pair Corr
0.62	MCTAX	Massmutual Retiresmart	Pair Corr
0.68	AAAMX	American Century One	Pair Corr
0.64	SCAAX	Conservative Balanced	Pair Corr
0.66	PCBJX	Strategic Asset Mana	Pair Corr
0.86	BROIX	Blackrock Glbl Opprtnts	Pair Corr
0.66	MNWUX	Mfs Managed Wealth	Pair Corr

Moving against Sextant Mutual Fund

0.53

NDP

Tortoise Energy Inde

Pair Corr

Related Correlations Analysis

	SSGFX	AMANX	AMAGX	SBIFX	SGHIX
SSGFX		0.43	0.73	0.52	0.19	SSGFX
AMANX	0.43		0.91	0.84	0.77	AMANX
AMAGX	0.73	0.91		0.81	0.57	AMAGX
SBIFX	0.52	0.84	0.81		0.73	SBIFX
SGHIX	0.19	0.77	0.57	0.73		SGHIX
	SSGFX	AMANX	AMAGX	SBIFX	SGHIX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Sextant Mutual Fund performing well and Sextant International 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 Sextant International'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
SSGFX	0.82	0.01	(0.04)	0.14	1.20	(0.80)	1.43	(2.11)	5.28
AMANX	0.62	(0.11)	0.00	(0.55)	0.00	0.00	1.05	(1.46)	6.19
AMAGX	0.77	(0.07)	0.00	(0.27)	0.00	0.00	1.25	(1.98)	5.68
SBIFX	0.30	(0.02)	0.00	(0.26)	0.00	0.00	0.70	(0.68)	1.64
SGHIX	0.34	(0.03)	0.00	(0.08)	0.00	0.00	0.66	(0.84)	2.47

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