Segall Bryant Correlations

CIQRX Fund

11.58 0.07 0.60%

The current 90-days correlation between Segall Bryant Hamll and Rbb Fund is -0.12 (i.e., Good diversification). The correlation of Segall Bryant 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.

Segall Bryant Correlation With Market

Very weak diversification

The correlation between Segall Bryant Hamll and DJI is 0.58 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Segall Bryant Hamll and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Segall Bryant Hamll. 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 metropolitan statistical area.

Moving together with Segall Mutual Fund

0.97	SBAPX	Segall Bryant Hamill	Pair Corr
0.73	SBHPX	Segall Bryant Hamill	Pair Corr
0.72	SBHSX	Segall Bryant Hamill	Pair Corr
0.71	SBSIX	Segall Bryant Hamill	Pair Corr
0.64	WTCOX	Westcore Orado Tax	Pair Corr
0.72	WTIBX	Westcore Plus Bond	Pair Corr
0.73	WTLTX	Westcore Flexible Income	Pair Corr
0.74	WTTAX	Westcore Municipal	Pair Corr
1.0	CIEQX	Segall Bryant Hamll	Pair Corr
0.65	WICOX	Westcore Orado Tax	Pair Corr
0.72	WIIBX	Westcore Plus Bond	Pair Corr
0.72	WILTX	Westcore Flexible Income	Pair Corr
0.73	WITAX	Westcore Municipal	Pair Corr
0.77	DOXFX	Dodge Cox International	Pair Corr
0.81	OANIX	Oakmark International	Pair Corr
0.77	DODFX	Dodge International Stock	Pair Corr
0.81	OAKIX	Oakmark International	Pair Corr
0.81	OAYIX	Oakmark International	Pair Corr
0.81	OAZIX	Oakmark International	Pair Corr
0.74	FINVX	Fidelity Series Inte	Pair Corr
0.8	VTRIX	Vanguard International	Pair Corr
0.76	RRIGX	T Rowe Price	Pair Corr
0.73	PDI	Pimco Dynamic Income	Pair Corr

Moving against Segall Mutual Fund

0.7	SBHCX	Segall Bryant Hamill	Pair Corr
0.63	SBRVX	Segall Bryant Hamill	Pair Corr
0.53	SBASX	Segall Bryant Hamill	Pair Corr
0.51	SBHAX	Segall Bryant Hamill	Pair Corr
0.51	SBRAX	Segall Bryant Hamill	Pair Corr
0.48	SBHVX	Segall Bryant Hamill	Pair Corr
0.34	WIMVX	Westcore Global Large	Pair Corr
0.33	WTMVX	Westcore Global Large	Pair Corr
0.62	WISGX	Westcore Small Cap	Pair Corr

Related Correlations Analysis

	OPTCX	FZNQEX	JTSQX	CABIX	EICVX	VIPIX
OPTCX		0.74	0.04	0.35	0.78	0.84	OPTCX
FZNQEX	0.74		-0.02	0.35	0.78	0.92	FZNQEX
JTSQX	0.04	-0.02		0.89	0.43	0.12	JTSQX
CABIX	0.35	0.35	0.89		0.7	0.51	CABIX
EICVX	0.78	0.78	0.43	0.7		0.9	EICVX
VIPIX	0.84	0.92	0.12	0.51	0.9		VIPIX
	OPTCX	FZNQEX	JTSQX	CABIX	EICVX	VIPIX

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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

VIPIX	+ 0.92	FZNQEX
VIPIX	+ 0.9	EICVX
CABIX	+ 0.89	JTSQX
VIPIX	+ 0.84	OPTCX
EICVX	+ 0.78	OPTCX
EICVX	+ 0.78	FZNQEX

High negative correlations

JTSQX

- 0.02

FZNQEX

Risk-Adjusted Indicators

There is a big difference between Segall Mutual Fund performing well and Segall Bryant 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 Segall Bryant'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
OPTCX	0.05	0.00	0.00	0.27	0.00	0.00	0.10	(0.10)	0.62
FZNQEX	0.08	0.00	0.68	0.04	0.00	(0.08)	0.16	(0.16)	0.48
JTSQX	0.62	(0.01)	0.06	1.15	0.85	(0.59)	1.22	(1.27)	3.69
CABIX	0.36	0.01	0.17	0.35	0.39	(0.40)	0.72	(0.77)	2.58
EICVX	0.55	0.10	0.22	1.65	0.55	(0.59)	1.12	(0.85)	2.93
VIPIX	0.21	0.05	0.42	0.80	0.00	(0.27)	0.53	(0.42)	1.30

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