Sextant Growth Correlations
SGZFX Fund | USD 51.34 1.12 2.23% |
The current 90-days correlation between Sextant Growth and Sextant Growth Fund is 1.0 (i.e., No risk reduction). The correlation of Sextant Growth 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.
Sextant Growth Correlation With Market
Very weak diversification
The correlation between Sextant Growth Fund and DJI is 0.58 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sextant Growth Fund and DJI in the same portfolio, assuming nothing else is changed.
Sextant |
Moving together with Sextant Mutual Fund
1.0 | SSGFX | Sextant Growth | PairCorr |
0.67 | SSIFX | Sextant International | PairCorr |
0.78 | SCORX | Sextant E Fund | PairCorr |
0.66 | SIFZX | Sextant International | PairCorr |
0.91 | FAFGX | American Funds | PairCorr |
0.91 | FFAFX | American Funds | PairCorr |
0.9 | GFACX | Growth Fund | PairCorr |
0.91 | GFAFX | Growth Fund | PairCorr |
0.89 | AGTHX | Growth Fund | PairCorr |
0.91 | CGFFX | Growth Fund | PairCorr |
0.9 | CGFCX | Growth Fund | PairCorr |
0.91 | CGFAX | Growth Fund | PairCorr |
0.91 | CGFEX | Growth Fund | PairCorr |
0.91 | RGAEX | Growth Fund | PairCorr |
0.92 | VTSAX | Vanguard Total Stock | PairCorr |
0.9 | VFIAX | Vanguard 500 Index | PairCorr |
0.93 | VTSMX | Vanguard Total Stock | PairCorr |
0.92 | VSMPX | Vanguard Total Stock | PairCorr |
0.92 | VSTSX | Vanguard Total Stock | PairCorr |
0.92 | VITSX | Vanguard Total Stock | PairCorr |
0.91 | VFINX | Vanguard 500 Index | PairCorr |
0.9 | VFFSX | Vanguard 500 Index | PairCorr |
Moving against Sextant Mutual Fund
0.7 | STBFX | Sextant Short Term | PairCorr |
0.47 | SGHIX | Sextant Global High | PairCorr |
0.34 | SBIFX | Sextant Bond Income | PairCorr |
0.7 | ASADX | Short Duration Strategic | PairCorr |
0.55 | ICTUX | Icon Utilities And | PairCorr |
0.55 | SHRIX | Stone Ridge High | PairCorr |
0.52 | CRDLX | Griffin Institutional | PairCorr |
0.49 | TRWCX | Transamerica International | PairCorr |
0.45 | EIISX | Parametric International | PairCorr |
0.4 | MCSNX | Mfs Commodity Strategy | PairCorr |
0.38 | MAHIX | Litman Gregory Masters | PairCorr |
0.32 | VGTSX | Vanguard Total Inter | PairCorr |
0.32 | VTIAX | Vanguard Total Inter | PairCorr |
0.31 | SSTDX | Saat Servative Strategy | PairCorr |
0.78 | GGUIX | Aberdeen Eq Long | PairCorr |
0.72 | BBBMX | Bbh Limited Duration | PairCorr |
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Sextant Mutual Fund performing well and Sextant Growth 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 Sextant Growth'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
SSGFX | 0.96 | (0.11) | 0.00 | (0.25) | 0.00 | 1.49 | 4.82 | |||
SSIFX | 0.97 | (0.03) | 0.00 | (0.15) | 0.00 | 1.91 | 5.88 | |||
SBIFX | 0.33 | (0.01) | 0.00 | (0.39) | 0.00 | 0.69 | 1.88 | |||
STBFX | 0.09 | 0.01 | 0.53 | 0.43 | 0.00 | 0.20 | 0.61 | |||
SCORX | 0.52 | (0.03) | 0.00 | (0.18) | 0.00 | 0.91 | 2.76 | |||
SGHIX | 0.35 | 0.07 | 0.31 | 0.16 | 0.34 | 0.97 | 1.81 | |||
SGZFX | 0.96 | (0.11) | 0.00 | (0.25) | 0.00 | 1.48 | 4.78 | |||
SIFZX | 0.97 | (0.03) | 0.00 | (0.15) | 0.00 | 1.94 | 5.89 |