Sei Insti Correlations

SCXIX Fund

USD 9.55 0.01 0.10%

The correlation of Sei Insti 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 Insti Correlation With Market

Average diversification

The correlation between Sei Insti Mgd and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sei Insti Mgd 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 Sei Insti Mgd. 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 gross domestic product.

Moving together with Sei Mutual Fund

0.89	SRYRX	Simt Real Return	Pair Corr
0.82	SSEAX	Siit Screened World	Pair Corr
0.79	TFCAX	Tax Free Conservative	Pair Corr
0.72	TFCYX	Tax Free Conservative	Pair Corr
0.89	SSTDX	Saat Servative Strategy	Pair Corr
0.82	SBDAX	Stet California Municipal	Pair Corr
0.83	STAYX	Stet Tax Advantaged	Pair Corr
0.79	STDAX	Saat Defensive Strategy	Pair Corr
0.76	ENIAX	Siit Opportunistic Income	Pair Corr
1.0	SCFYX	Simt E Fixed	Pair Corr
0.63	SCMSX	Saat E Market	Pair Corr
0.96	CFVAX	Catholic Values Fixed	Pair Corr
0.96	SCOAX	Siit E Fixed	Pair Corr
0.95	CFVYX	Catholic Values Fixed	Pair Corr
0.84	SCYYX	Stet California Municipal	Pair Corr
0.87	SUMAX	Stet Short Duration	Pair Corr
0.8	SUSAX	Siit Ultra Short	Pair Corr
0.86	SDGFX	Sdit Short Duration	Pair Corr
0.88	SVSAX	Saat Servative Strategy	Pair Corr

Moving against Sei Mutual Fund

0.56	SSCGX	Simt Small Cap	Pair Corr
0.42	SSMAX	Siit Small Mid	Pair Corr
0.41	SECAX	Siit Small Cap	Pair Corr

Related Correlations Analysis

	GMADX	GLOIX	MSTGX	DODWX	DBLGX	SGMAX	VGRLX	QGMIX
GMADX		0.78	0.8	0.54	0.57	0.57	0.76	0.58	GMADX
GLOIX	0.78		0.9	0.65	0.88	0.73	0.89	0.82	GLOIX
MSTGX	0.8	0.9		0.56	0.85	0.65	0.87	0.87	MSTGX
DODWX	0.54	0.65	0.56		0.64	0.98	0.67	0.3	DODWX
DBLGX	0.57	0.88	0.85	0.64		0.73	0.84	0.78	DBLGX
SGMAX	0.57	0.73	0.65	0.98	0.73		0.73	0.42	SGMAX
VGRLX	0.76	0.89	0.87	0.67	0.84	0.73		0.65	VGRLX
QGMIX	0.58	0.82	0.87	0.3	0.78	0.42	0.65		QGMIX
	GMADX	GLOIX	MSTGX	DODWX	DBLGX	SGMAX	VGRLX	QGMIX

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Risk-Adjusted Indicators

There is a big difference between Sei Mutual Fund performing well and Sei Insti 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 Sei Insti'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
GMADX	0.74	0.07	0.07	0.04	1.28	(0.75)	1.26	(1.63)	11.02
GLOIX	0.62	0.10	0.14	0.11	0.84	(0.67)	1.66	(1.89)	4.72
MSTGX	0.31	0.04	0.24	(0.65)	0.35	(0.34)	0.74	(0.62)	1.58
DODWX	0.83	(0.06)	0.00	(0.18)	0.00	0.00	1.28	(1.11)	13.09
DBLGX	0.23	0.00	0.25	(0.07)	0.22	(0.30)	0.48	(0.36)	1.21
SGMAX	0.56	(0.04)	0.00	(0.17)	0.00	0.00	0.95	(0.77)	9.52
VGRLX	0.57	0.00	0.11	(0.14)	0.76	(0.56)	1.18	(1.34)	2.97
QGMIX	0.37	0.10	0.38	(0.69)	0.19	(0.45)	0.83	(0.63)	2.42

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