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.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sextant Growth Fund. 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 census.

Moving together with Sextant Mutual Fund

1.0	SSGFX	Sextant Growth	Pair Corr
0.67	SSIFX	Sextant International	Pair Corr
0.78	SCORX	Sextant E Fund	Pair Corr
0.66	SIFZX	Sextant International	Pair Corr
0.91	FAFGX	American Funds	Pair Corr
0.91	FFAFX	American Funds	Pair Corr
0.9	GFACX	Growth Fund	Pair Corr
0.91	GFAFX	Growth Fund	Pair Corr
0.89	AGTHX	Growth Fund	Pair Corr
0.91	CGFFX	Growth Fund	Pair Corr
0.9	CGFCX	Growth Fund	Pair Corr
0.91	CGFAX	Growth Fund	Pair Corr
0.91	CGFEX	Growth Fund	Pair Corr
0.91	RGAEX	Growth Fund	Pair Corr
0.92	VTSAX	Vanguard Total Stock	Pair Corr
0.9	VFIAX	Vanguard 500 Index	Pair Corr
0.93	VTSMX	Vanguard Total Stock	Pair Corr
0.92	VSMPX	Vanguard Total Stock	Pair Corr
0.92	VSTSX	Vanguard Total Stock	Pair Corr
0.92	VITSX	Vanguard Total Stock	Pair Corr
0.91	VFINX	Vanguard 500 Index	Pair Corr
0.9	VFFSX	Vanguard 500 Index	Pair Corr

Moving against Sextant Mutual Fund

0.7	STBFX	Sextant Short Term	Pair Corr
0.47	SGHIX	Sextant Global High	Pair Corr
0.34	SBIFX	Sextant Bond Income	Pair Corr
0.7	ASADX	Short Duration Strategic	Pair Corr
0.55	ICTUX	Icon Utilities And	Pair Corr
0.55	SHRIX	Stone Ridge High	Pair Corr
0.52	CRDLX	Griffin Institutional	Pair Corr
0.49	TRWCX	Transamerica International	Pair Corr
0.45	EIISX	Parametric International	Pair Corr
0.4	MCSNX	Mfs Commodity Strategy	Pair Corr
0.38	MAHIX	Litman Gregory Masters	Pair Corr
0.32	VGTSX	Vanguard Total Inter	Pair Corr
0.32	VTIAX	Vanguard Total Inter	Pair Corr
0.31	SSTDX	Saat Servative Strategy	Pair Corr
0.78	GGUIX	Aberdeen Eq Long	Pair Corr
0.72	BBBMX	Bbh Limited Duration	Pair Corr

Related Correlations Analysis

	SSGFX	SSIFX	SBIFX	STBFX	SCORX	SGHIX	SGZFX	SIFZX
SSGFX		0.66	-0.34	-0.7	0.78	-0.47	1.0	0.66	SSGFX
SSIFX	0.66		0.18	-0.05	0.93	0.28	0.67	1.0	SSIFX
SBIFX	-0.34	0.18		0.76	0.22	0.85	-0.34	0.19	SBIFX
STBFX	-0.7	-0.05	0.76		-0.16	0.89	-0.7	-0.04	STBFX
SCORX	0.78	0.93	0.22	-0.16		0.16	0.78	0.93	SCORX
SGHIX	-0.47	0.28	0.85	0.89	0.16		-0.47	0.28	SGHIX
SGZFX	1.0	0.67	-0.34	-0.7	0.78	-0.47		0.66	SGZFX
SIFZX	0.66	1.0	0.19	-0.04	0.93	0.28	0.66		SIFZX
	SSGFX	SSIFX	SBIFX	STBFX	SCORX	SGHIX	SGZFX	SIFZX

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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

SGZFX	+ 1.0	SSGFX
SIFZX	+ 1.0	SSIFX
SCORX	+ 0.93	SSIFX
SIFZX	+ 0.93	SCORX
SGHIX	+ 0.89	STBFX
SGHIX	+ 0.85	SBIFX

High negative correlations

SGZFX	- 0.7	STBFX
STBFX	- 0.7	SSGFX
SGZFX	- 0.47	SGHIX
SGHIX	- 0.47	SSGFX
SGZFX	- 0.34	SBIFX
SBIFX	- 0.34	SSGFX

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	0.00	1.49	(2.30)	4.82
SSIFX	0.97	(0.03)	0.00	(0.15)	0.00	0.00	1.91	(2.87)	5.88
SBIFX	0.33	(0.01)	0.00	(0.39)	0.00	0.00	0.69	(0.69)	1.88
STBFX	0.09	0.01	0.53	0.43	0.00	(0.23)	0.20	(0.20)	0.61
SCORX	0.52	(0.03)	0.00	(0.18)	0.00	0.00	0.91	(1.24)	2.76
SGHIX	0.35	0.07	0.31	0.16	0.34	(0.41)	0.97	(0.57)	1.81
SGZFX	0.96	(0.11)	0.00	(0.25)	0.00	0.00	1.48	(2.30)	4.78
SIFZX	0.97	(0.03)	0.00	(0.15)	0.00	0.00	1.94	(2.86)	5.89

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