Ridgeworth Seix Correlations
STGZX Fund | USD 9.30 0.01 0.11% |
The current 90-days correlation between Ridgeworth Seix E and Transamerica Large Cap is -0.17 (i.e., Good diversification). The correlation of Ridgeworth Seix 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.
Ridgeworth |
Moving together with Ridgeworth Mutual Fund
1.0 | VBTLX | Vanguard Total Bond | PairCorr |
1.0 | VBMFX | Vanguard Total Bond | PairCorr |
1.0 | VBTIX | Vanguard Total Bond | PairCorr |
1.0 | VTBSX | Vanguard Total Bond | PairCorr |
0.95 | VTBIX | Vanguard Total Bond | PairCorr |
0.95 | VTBNX | Vanguard Total Bond | PairCorr |
0.95 | BFAFX | Bond Fund | PairCorr |
0.95 | ABNDX | Bond Fund | PairCorr |
0.95 | BFACX | Bond Fund | PairCorr |
1.0 | FFBOX | American Funds | PairCorr |
0.69 | PG | Procter Gamble | PairCorr |
0.79 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
0.82 | KO | Coca Cola Aggressive Push | PairCorr |
0.65 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
Moving against Ridgeworth Mutual Fund
0.74 | INPIX | Internet Ultrasector | PairCorr |
0.74 | INPSX | Internet Ultrasector | PairCorr |
0.71 | RYVYX | Nasdaq 100 2x | PairCorr |
0.65 | DXQLX | Direxion Monthly Nasdaq | PairCorr |
0.65 | RYVLX | Nasdaq 100 2x | PairCorr |
0.65 | UOPIX | Ultra Nasdaq 100 | PairCorr |
0.65 | RYCCX | Nasdaq 100 2x | PairCorr |
0.64 | UOPSX | Ultranasdaq 100 Profund | PairCorr |
0.85 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
0.74 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
0.68 | HPQ | HP Inc | PairCorr |
0.63 | WMT | Walmart Aggressive Push | PairCorr |
0.52 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
0.51 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
0.48 | XOM | Exxon Mobil Corp Aggressive Push | PairCorr |
0.47 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
0.44 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
Related Correlations Analysis
0.9 | 0.9 | 0.88 | 0.91 | 0.98 | TWQZX | ||
0.9 | 0.99 | 0.99 | 0.97 | 0.91 | MMLRX | ||
0.9 | 0.99 | 0.97 | 0.97 | 0.92 | QCERX | ||
0.88 | 0.99 | 0.97 | 0.94 | 0.9 | TRLGX | ||
0.91 | 0.97 | 0.97 | 0.94 | 0.9 | FLUEX | ||
0.98 | 0.91 | 0.92 | 0.9 | 0.9 | SLCAX | ||
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Risk-Adjusted Indicators
There is a big difference between Ridgeworth Mutual Fund performing well and Ridgeworth Seix 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 Ridgeworth Seix'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
TWQZX | 0.48 | (0.02) | (0.07) | 0.08 | 0.38 | 1.16 | 3.48 | |||
MMLRX | 0.51 | 0.07 | (0.03) | 2.42 | 0.65 | 1.04 | 3.88 | |||
QCERX | 0.62 | 0.09 | (0.01) | 2.65 | 0.73 | 1.18 | 4.31 | |||
TRLGX | 0.67 | 0.10 | 0.00 | 1.32 | 0.95 | 1.50 | 4.73 | |||
FLUEX | 0.51 | 0.10 | (0.02) | (1.51) | 0.34 | 1.12 | 3.46 | |||
SLCAX | 0.53 | 0.00 | (0.03) | 0.10 | 0.59 | 1.09 | 3.63 |