Segall Bryant Correlations

SBAPX Fund

USD 10.17 0.01 0.1%

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

Modest diversification

The correlation between Segall Bryant Hamill and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Segall Bryant Hamill 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 Segall Bryant Hamill. 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 american community survey.

Moving together with Segall Mutual Fund

0.7	SBEMX	Segall Bryant Hamill	Pair Corr
0.69	SBHEX	Segall Bryant Hamill	Pair Corr
1.0	SBHPX	Segall Bryant Hamill	Pair Corr
0.93	SBHSX	Segall Bryant Hamill	Pair Corr
0.93	SBSIX	Segall Bryant Hamill	Pair Corr
0.79	WTCOX	Westcore Orado Tax	Pair Corr
0.92	WTIBX	Westcore Plus Bond	Pair Corr
0.94	WTLTX	Westcore Flexible Income	Pair Corr
0.9	WTTAX	Westcore Municipal	Pair Corr
0.97	CIEQX	Segall Bryant Hamll	Pair Corr
0.65	CIQRX	Segall Bryant Hamll	Pair Corr
0.79	WICOX	Westcore Orado Tax	Pair Corr
0.93	WIIBX	Westcore Plus Bond	Pair Corr
0.94	WILTX	Westcore Flexible Income	Pair Corr
0.9	WITAX	Westcore Municipal	Pair Corr
0.98	VBIRX	Vanguard Short Term	Pair Corr
0.96	VFSUX	Vanguard Short Term	Pair Corr
0.98	VFSIX	Vanguard Short Term	Pair Corr
0.98	VFSTX	Vanguard Short Term	Pair Corr
0.98	VBITX	Vanguard Short Term	Pair Corr
0.98	VBISX	Vanguard Short Term	Pair Corr
0.96	LALDX	Lord Abbett Short	Pair Corr
0.99	VSCSX	Vanguard Short Term	Pair Corr
0.95	LDLAX	Lord Abbett Short	Pair Corr
0.96	LDLRX	Lord Abbett Short	Pair Corr

Moving against Segall Mutual Fund

0.79	WTSGX	Westcore Small Cap	Pair Corr
0.7	SBASX	Segall Bryant Hamill	Pair Corr
0.69	SBHCX	Segall Bryant Hamill	Pair Corr
0.64	SBHAX	Segall Bryant Hamill	Pair Corr
0.64	SBHVX	Segall Bryant Hamill	Pair Corr
0.64	SBRVX	Segall Bryant Hamill	Pair Corr
0.64	SBRAX	Segall Bryant Hamill	Pair Corr
0.43	WTMVX	Westcore Global Large	Pair Corr
0.43	WIMVX	Westcore Global Large	Pair Corr
0.85	SMPIX	Semiconductor Ultrasector	Pair Corr
0.85	SMPSX	Semiconductor Ultrasector	Pair Corr
0.79	WISGX	Westcore Small Cap	Pair Corr
0.48	RGNCX	Victory Global Natural	Pair Corr
0.46	RSNYX	Victory Global Natural	Pair Corr
0.46	RSNRX	Victory Global Natural	Pair Corr

Related Correlations Analysis

	PFCXX	SMAAX	0P000070L2	AEYXX	SWGXX	JRSXX	XFINX
PFCXX		0.0	0.0	0.0	0.0	0.0	0.0	PFCXX
SMAAX	0.0		0.0	0.0	0.32	0.0	0.45	SMAAX
0P000070L2	0.0	0.0		0.0	0.0	0.0	0.0	0P000070L2
AEYXX	0.0	0.0	0.0		0.0	0.0	0.0	AEYXX
SWGXX	0.0	0.32	0.0	0.0		0.0	0.28	SWGXX
JRSXX	0.0	0.0	0.0	0.0	0.0		0.0	JRSXX
XFINX	0.0	0.45	0.0	0.0	0.28	0.0		XFINX
	PFCXX	SMAAX	0P000070L2	AEYXX	SWGXX	JRSXX	XFINX

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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

XFINX	+ 0.45	SMAAX
SWGXX	+ 0.32	SMAAX
XFINX	+ 0.28	SWGXX
SMAAX	+ 0.0	PFCXX
0P000070L2	+ 0.0	PFCXX
AEYXX	+ 0.0	PFCXX

High negative correlations

XFINX	- 0.0	JRSXX
JRSXX	- 0.0	SWGXX
XFINX	- 0.0	AEYXX
JRSXX	- 0.0	AEYXX
SWGXX	- 0.0	AEYXX
XFINX	- 0.0	0P000070L2

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	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
PFCXX	0.00	0.00	0.00	0.00	0.00	0.00
SMAAX	0.13	(0.01)	(0.61)	0.20	(0.39)	0.90
0P000070L2	0.00	0.00	0.00	0.00	0.00	0.00
AEYXX	0.00	0.00	0.00	0.00	0.00	0.00
SWGXX	0.03	0.00	(0.29)	0.00	0.00	1.01
JRSXX	0.00	0.00	0.00	0.00	0.00	0.00
XFINX	0.14	(0.01)	(0.14)	0.28	(0.64)	1.27

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