SEI Investments Correlations

SEIC Stock

USD 75.84 0.17 0.22%

The current 90-days correlation between SEI Investments and Commerce Bancshares is 0.08 (i.e., Significant diversification). The correlation of SEI Investments 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.

SEI Investments Correlation With Market

Very weak diversification

The correlation between SEI Investments and DJI is 0.57 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SEI Investments 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 Investments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For information on how to trade SEI Stock refer to our How to Trade SEI Stock guide.

Moving together with SEI Stock

0.95	MC	Moelis	Pair Corr
0.79	MS	Morgan Stanley	Pair Corr
0.68	WD	Walker Dunlop	Pair Corr
0.92	AXP	American Express Sell-off Trend	Pair Corr
0.76	CIM	Chimera Investment	Pair Corr
0.67	COF	Capital One Financial	Pair Corr
0.77	PYPL	PayPal Holdings Aggressive Push	Pair Corr
0.74	ALLY	Ally Financial Normal Trading	Pair Corr
0.88	SOFI	SoFi Technologies Aggressive Push	Pair Corr
0.68	UPST	Upstart Holdings Buyout Trend	Pair Corr
0.86	AX	Axos Financial	Pair Corr
0.9	BN	Brookfield Corp	Pair Corr
0.91	BX	Blackstone Group Normal Trading	Pair Corr
0.86	BY	Byline Bancorp	Pair Corr
0.9	CG	Carlyle Group Normal Trading	Pair Corr
0.88	CM	Canadian Imperial Bank	Pair Corr
0.63	FG	FG Annuities Life	Pair Corr
0.67	GS	Goldman Sachs Group	Pair Corr

Moving against SEI Stock

0.68	CB	Chubb	Pair Corr
0.52	TWO	Two Harbors Investments	Pair Corr
0.5	BBUC	Brookfield Business Corp	Pair Corr
0.47	FORLU	Four Leaf Acquisition	Pair Corr
0.37	MFA	MFA Financial	Pair Corr
0.78	VBFC	Village Bank	Pair Corr
0.72	DB	Deutsche Bank AG	Pair Corr
0.71	LU	Lufax Holding	Pair Corr
0.65	TW	Tradeweb Markets Normal Trading	Pair Corr
0.62	HG	Hamilton Insurance Group, Normal Trading	Pair Corr
0.57	TECTP	Tectonic Financial	Pair Corr
0.56	LX	Lexinfintech Holdings	Pair Corr
0.45	WU	Western Union	Pair Corr

Related Correlations Analysis

	CBSH	RLI	WABC	BRO	JKHY
CBSH		0.0	0.44	-0.28	-0.22	CBSH
RLI	0.0		0.68	-0.46	0.24	RLI
WABC	0.44	0.68		-0.37	0.32	WABC
BRO	-0.28	-0.46	-0.37		0.22	BRO
JKHY	-0.22	0.24	0.32	0.22		JKHY
	CBSH	RLI	WABC	BRO	JKHY

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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

WABC	+ 0.68	RLI
WABC	+ 0.44	CBSH
JKHY	+ 0.32	WABC
JKHY	+ 0.24	RLI
JKHY	+ 0.22	BRO
RLI	+ 0.0	CBSH

High negative correlations

BRO	- 0.46	RLI
BRO	- 0.37	WABC
BRO	- 0.28	CBSH
JKHY	- 0.22	CBSH
RLI	- 0.0	CBSH

Risk-Adjusted Indicators

There is a big difference between SEI Stock performing well and SEI Investments Company 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 Investments' 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
CBSH	1.07	(0.14)	0.00	0.81	0.00	0.00	1.84	(2.19)	5.97
RLI	1.07	(0.13)	0.00	(0.36)	0.00	0.00	1.83	(2.00)	9.92
WABC	1.15	(0.13)	0.00	2.46	0.00	0.00	2.31	(2.97)	6.49
BRO	0.79	0.24	0.27	0.61	0.75	(0.83)	1.75	(1.45)	4.81
JKHY	0.94	(0.02)	0.04	0.05	1.59	(0.95)	2.14	(2.01)	11.31

SEI Investments Corporate Executives

Elected by the shareholders, the SEI Investments' board of directors comprises two types of representatives: SEI Investments inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SEI. The board's role is to monitor SEI Investments' management team and ensure that shareholders' interests are well served. SEI Investments' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, SEI Investments' outside directors are responsible for providing unbiased perspectives on the board's policies.

	Sean Denham	Executive CFO	Profile
	Dennis McGonigle	CFO and Executive VP	Profile

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