Sei Daily Correlations
| SCPXX Fund | USD 1.00 0.00 0.00% |
The correlation of Sei Daily 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.
Sei |
Related Correlations Analysis
| 0.84 | 0.72 | 0.8 | 0.79 | 0.85 | ANAGX | ||
| 0.84 | 0.72 | 0.93 | 0.92 | 0.88 | DBIWX | ||
| 0.72 | 0.72 | 0.8 | 0.67 | 0.74 | SGMAX | ||
| 0.8 | 0.93 | 0.8 | 0.84 | 0.86 | WRLDX | ||
| 0.79 | 0.92 | 0.67 | 0.84 | 0.86 | BPGSX | ||
| 0.85 | 0.88 | 0.74 | 0.86 | 0.86 | VGRLX | ||
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Risk-Adjusted Indicators
There is a big difference between Sei Money Market Fund performing well and Sei Daily Money Market 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 Sei Daily'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ANAGX | 0.19 | (0.01) | 0.21 | 0.56 | 0.22 | 0.44 | 1.46 | |||
| DBIWX | 0.27 | 0.00 | 0.17 | (0.05) | 0.36 | 0.48 | 1.77 | |||
| SGMAX | 0.57 | (0.05) | 0.00 | (0.18) | 0.00 | 0.95 | 9.52 | |||
| WRLDX | 0.64 | (0.02) | 0.00 | 0.10 | 0.00 | 1.24 | 2.96 | |||
| BPGSX | 0.63 | 0.10 | 0.20 | (1.30) | 0.74 | 1.15 | 5.23 | |||
| VGRLX | 0.57 | 0.00 | 0.10 | (0.08) | 0.75 | 1.18 | 2.97 |