Segall Bryant Correlations

SBHSX Fund

USD 11.76 0.01 0.09%

The current 90-days correlation between Segall Bryant Hamill and Pace International Emerging is 0.73 (i.e., Poor 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

Poor diversification

The correlation between Segall Bryant Hamill and DJI is 0.6 (i.e., Poor 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 state.

Moving together with Segall Mutual Fund

0.93	SBAPX	Segall Bryant Hamill	Pair Corr
0.85	SBEMX	Segall Bryant Hamill	Pair Corr
0.85	SBHEX	Segall Bryant Hamill	Pair Corr
0.92	SBHPX	Segall Bryant Hamill	Pair Corr
1.0	SBSIX	Segall Bryant Hamill	Pair Corr
0.76	WTCOX	Westcore Orado Tax	Pair Corr
0.89	WTIBX	Westcore Plus Bond	Pair Corr
0.88	WTLTX	Westcore Flexible Income	Pair Corr
0.85	WTTAX	Westcore Municipal	Pair Corr
0.99	CIEQX	Segall Bryant Hamll	Pair Corr
0.73	CIQRX	Segall Bryant Hamll	Pair Corr
0.78	WICOX	Westcore Orado Tax	Pair Corr
0.9	WIIBX	Westcore Plus Bond	Pair Corr
0.87	WILTX	Westcore Flexible Income	Pair Corr
0.85	WITAX	Westcore Municipal	Pair Corr
0.99	DISVX	Dfa International Small	Pair Corr
0.99	DFVQX	Dfa International Vector	Pair Corr
0.99	FMNEX	Free Market International	Pair Corr
0.98	OANEX	Oakmark International	Pair Corr
0.94	KGGIX	Kopernik Global All	Pair Corr
0.94	KGGAX	Kopernik Global All	Pair Corr
0.98	OAZEX	Oakmark International	Pair Corr
0.98	OAYEX	Oakmark International	Pair Corr
0.98	OAKEX	Oakmark International	Pair Corr

Moving against Segall Mutual Fund

0.76	WTSGX	Westcore Small Cap	Pair Corr
0.69	SBASX	Segall Bryant Hamill	Pair Corr
0.64	SBHAX	Segall Bryant Hamill	Pair Corr
0.64	SBRAX	Segall Bryant Hamill	Pair Corr
0.61	SBRVX	Segall Bryant Hamill	Pair Corr
0.6	SBHVX	Segall Bryant Hamill	Pair Corr
0.51	SBHCX	Segall Bryant Hamill	Pair Corr
0.41	WTMVX	Westcore Global Large	Pair Corr
0.8	TCSUX	Cleartrack 2020 Class	Pair Corr
0.78	TCTGX	Transamerica Cleartrack	Pair Corr
0.77	TDKTX	Cleartrack 2015 Class	Pair Corr
0.77	TCTJX	Transamerica Cleartrack	Pair Corr
0.76	WISGX	Westcore Small Cap	Pair Corr
0.41	WIMVX	Westcore Global Large	Pair Corr

Related Correlations Analysis

	PWEAX	TEOJX	APDOX	XEMDX	SEDAX	XJMMX	IGIEX
PWEAX		0.97	0.72	0.48	0.85	0.65	0.79	PWEAX
TEOJX	0.97		0.76	0.44	0.88	0.69	0.81	TEOJX
APDOX	0.72	0.76		0.48	0.91	0.7	0.83	APDOX
XEMDX	0.48	0.44	0.48		0.56	0.63	0.69	XEMDX
SEDAX	0.85	0.88	0.91	0.56		0.86	0.95	SEDAX
XJMMX	0.65	0.69	0.7	0.63	0.86		0.94	XJMMX
IGIEX	0.79	0.81	0.83	0.69	0.95	0.94		IGIEX
	PWEAX	TEOJX	APDOX	XEMDX	SEDAX	XJMMX	IGIEX

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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
PWEAX	0.72	0.06	0.11	0.09	0.85	(0.84)	1.55	(1.59)	5.83
TEOJX	0.78	0.10	0.14	0.19	0.92	(0.85)	1.54	(1.53)	5.83
APDOX	0.16	0.03	0.33	0.92	0.10	(0.18)	0.30	(0.29)	1.07
XEMDX	0.22	(0.02)	0.00	(0.45)	0.00	0.00	0.47	(0.47)	1.41
SEDAX	0.25	0.03	0.27	0.33	0.19	(0.33)	0.59	(0.36)	1.19
XJMMX	0.19	0.00	0.18	(0.25)	0.22	(0.26)	0.46	(0.46)	0.92
IGIEX	0.25	0.01	0.16	0.02	0.30	(0.32)	0.72	(0.49)	1.58

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