Saat Aggressive Correlations

Mutual Funds . USA . 
Fund . Saat Aggressive Strategy
SASDX Fund  USD 14.58  0.02  0.14%   
The current 90-days correlation between Saat Aggressive Strategy and Ab Bond Inflation is 0.15 (i.e., Average 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

Poor diversification

The correlation between Saat Aggressive Strategy and DJI is 0.75 (i.e., Poor 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 unemployment.

Moving together with Saat Mutual Fund

  0.96SAAAX Simt Multi AssetPairCorr
  0.97SRWAX Saat Market GrowthPairCorr
  0.68SSEAX Siit Screened WorldPairCorr
  1.0SSGAX Saat Aggressive StrategyPairCorr
  0.68SSTDX Saat Servative StrategyPairCorr
  0.76STLYX Simt Tax ManagedPairCorr
  0.78STVYX Simt Tax ManagedPairCorr
  0.93SCMSX Saat E MarketPairCorr
  0.9SCLAX Simt Multi AssetPairCorr
  0.89SUSYX Simt Managed VolatilityPairCorr
  0.92SVAYX Simt Large CapPairCorr
  0.61SDYAX Simt Dynamic AssetPairCorr
  0.89SVOAX Simt Managed VolatilityPairCorr
  0.67SVSAX Saat Servative StrategyPairCorr
  1.0SEAIX Saat Aggressive 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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