Saat Aggressive Correlations
| SEAIX Fund | USD 14.39 0.02 0.14% |
The current 90-days correlation between Saat Aggressive Strategy and Federated Global Allocation is 0.98 (i.e., Almost no 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.
Saat |
Moving together with Saat Mutual Fund
| 0.96 | SAAAX | Simt Multi Asset | PairCorr |
| 0.97 | SRWAX | Saat Market Growth | PairCorr |
| 0.69 | SSEAX | Siit Screened World | PairCorr |
| 1.0 | SSGAX | Saat Aggressive Strategy | PairCorr |
| 1.0 | SASDX | Saat Aggressive Strategy | PairCorr |
| 0.7 | SSTDX | Saat Servative Strategy | PairCorr |
| 0.61 | STDAX | Saat Defensive Strategy | PairCorr |
| 0.74 | STLYX | Simt Tax Managed | PairCorr |
| 0.79 | STVYX | Simt Tax Managed | PairCorr |
| 0.94 | SCMSX | Saat E Market | PairCorr |
| 0.91 | SCLAX | Simt Multi Asset | PairCorr |
| 0.89 | SUSYX | Simt Managed Volatility | PairCorr |
| 0.92 | SVAYX | Simt Large Cap | PairCorr |
| 0.89 | SVOAX | Simt Managed Volatility | PairCorr |
| 0.69 | SVSAX | Saat Servative Strategy | PairCorr |
Related Correlations Analysis
| 0.74 | 0.63 | 0.95 | 0.8 | SBFIX | ||
| 0.74 | 0.98 | 0.89 | 0.67 | SSPIX | ||
| 0.63 | 0.98 | 0.81 | 0.58 | SELCX | ||
| 0.95 | 0.89 | 0.81 | 0.78 | SEBLX | ||
| 0.8 | 0.67 | 0.58 | 0.78 | SKTAX | ||
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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.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SBFIX | 0.48 | (0.02) | 0.00 | (0.03) | 0.00 | 0.93 | 2.86 | |||
| SSPIX | 0.82 | (0.07) | 0.00 | (0.07) | 0.00 | 1.59 | 4.52 | |||
| SELCX | 1.06 | (0.11) | 0.00 | (0.09) | 0.00 | 1.75 | 5.47 | |||
| SEBLX | 0.49 | (0.03) | 0.00 | (0.04) | 0.00 | 0.83 | 2.91 | |||
| SKTAX | 0.76 | (0.15) | 0.00 | (0.20) | 0.00 | 1.16 | 11.24 |