Simt Real Correlations

SEIRX Fund

USD 16.04 0.18 1.11%

The current 90-days correlation between Simt Real Estate and T Rowe Price is 0.01 (i.e., Significant diversification). The correlation of Simt Real 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.

Simt Real Correlation With Market

Very weak diversification

The correlation between Simt Real Estate and DJI is 0.56 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Simt Real Estate 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 Simt Real Estate. 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 metropolitan statistical area.

Moving together with Simt Mutual Fund

0.65	O	Realty Income	Pair Corr
0.72	FR	First Industrial Realty	Pair Corr
0.65	WY	Weyerhaeuser	Pair Corr
0.64	VICI	VICI Properties	Pair Corr
0.64	MITT-PB	AG Mortgage Investment	Pair Corr
0.62	ELME	Elme Communities	Pair Corr
0.77	EPRT	Essential Properties	Pair Corr
0.62	WELL	Welltower	Pair Corr

Moving against Simt Mutual Fund

0.34	PW	Power REIT Earnings Call This Week	Pair Corr
0.35	WETH	Wetouch Technology Common	Pair Corr
0.31	WHLR	Wheeler Real Estate	Pair Corr

Related Correlations Analysis

	TRBOX	TCTZX	BIMPX	WMBFX	MARMX	JULMX
TRBOX		0.89	0.88	0.79	0.8	0.82	TRBOX
TCTZX	0.89		0.87	0.94	0.89	0.9	TCTZX
BIMPX	0.88	0.87		0.77	0.93	0.96	BIMPX
WMBFX	0.79	0.94	0.77		0.88	0.8	WMBFX
MARMX	0.8	0.89	0.93	0.88		0.95	MARMX
JULMX	0.82	0.9	0.96	0.8	0.95		JULMX
	TRBOX	TCTZX	BIMPX	WMBFX	MARMX	JULMX

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Risk-Adjusted Indicators

There is a big difference between Simt Mutual Fund performing well and Simt Real 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 Simt Real'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	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
TRBOX	0.69	(0.06)	0.25	1.25	(1.47)	4.03
TCTZX	0.33	(0.02)	0.14	0.72	(0.74)	1.95
BIMPX	0.38	0.00	(0.06)	0.77	(0.92)	2.19
WMBFX	0.34	(0.03)	0.21	0.59	(0.68)	2.13
MARMX	0.27	(0.01)	(0.10)	0.54	(0.53)	1.44
JULMX	0.31	0.01	(0.04)	0.65	(0.65)	1.89

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