Ridgeworth Seix Correlations
| STIGX Fund | USD 9.29 0.01 0.11% |
The current 90-days correlation between Ridgeworth Seix E and John Hancock Government is -0.03 (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
| 0.96 | VBTLX | Vanguard Total Bond | PairCorr |
| 0.69 | PG | Procter Gamble | PairCorr |
| 0.83 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.83 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.65 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
Moving against Ridgeworth Mutual Fund
| 0.88 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.82 | INPIX | Internet Ultrasector | PairCorr |
| 0.78 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.77 | HPQ | HP Inc | PairCorr |
| 0.74 | RYVYX | Nasdaq 100 2x | PairCorr |
| 0.73 | DXQLX | Direxion Monthly Nasdaq | PairCorr |
| 0.73 | RYVLX | Nasdaq 100 2x | PairCorr |
| 0.73 | UOPIX | Ultra Nasdaq 100 | PairCorr |
| 0.72 | RYCCX | Nasdaq 100 2x | PairCorr |
| 0.72 | UOPSX | Ultranasdaq 100 Profund | PairCorr |
| 0.71 | WMT | Walmart Aggressive Push | PairCorr |
| 0.59 | XOM | Exxon Mobil Corp Aggressive Push | PairCorr |
| 0.58 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.56 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.55 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.53 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
Related Correlations Analysis
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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
| High negative correlations
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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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| JGIFX | 0.24 | (0.04) | 0.00 | 0.43 | 0.00 | 0.50 | 1.41 | |||
| DACGX | 0.19 | (0.04) | 0.00 | (1.47) | 0.00 | 0.32 | 1.03 | |||
| USGFX | 0.21 | (0.05) | 0.00 | (1.04) | 0.00 | 0.34 | 1.48 | |||
| RYAQX | 0.59 | 0.11 | 0.05 | 0.49 | 0.44 | 1.52 | 4.05 | |||
| FHNFX | 0.23 | (0.03) | 0.00 | 0.31 | 0.00 | 0.44 | 1.63 | |||
| TWACX | 0.08 | (0.02) | 0.00 | (0.82) | 0.00 | 0.11 | 0.78 | |||
| FISAX | 0.07 | 0.00 | (0.59) | 0.13 | 0.03 | 0.13 | 0.80 |