Sentinel Small Correlations
| SIGWX Fund | USD 6.90 0.02 0.29% |
The current 90-days correlation between Sentinel Small Pany and Jpmorgan Large Cap is 0.48 (i.e., Very weak diversification). The correlation of Sentinel Small 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.
Sentinel Small Correlation With Market
Poor diversification
The correlation between Sentinel Small Pany and DJI is 0.6 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sentinel Small Pany and DJI in the same portfolio, assuming nothing else is changed.
Sentinel |
Moving together with Sentinel Mutual Fund
| 0.97 | TVOYX | Touchstone Small Cap | PairCorr |
| 0.83 | TEGAX | Mid Cap Growth | PairCorr |
| 0.61 | TEGIX | Mid Cap Growth | PairCorr |
| 0.82 | TEGYX | Mid Cap Growth | PairCorr |
| 1.0 | SAGWX | Sentinel Small Pany | PairCorr |
| 1.0 | SSCOX | Sentinel Small Pany | PairCorr |
| 0.88 | TFCCX | Touchstone Large Cap | PairCorr |
| 1.0 | SSRRX | Sentinel Small | PairCorr |
| 0.81 | TFGRX | Touchstone Mid Cap | PairCorr |
| 0.85 | TGVCX | Growth Opportunities | PairCorr |
| 0.85 | TGVFX | Growth Opportunities | PairCorr |
| 0.83 | TGVYX | Growth Opportunities | PairCorr |
| 0.83 | TGVVX | Growth Opportunities | PairCorr |
| 1.0 | TICSX | Touchstone Small Pany | PairCorr |
| 0.71 | SWFCX | Sentinel International | PairCorr |
| 0.67 | SWRLX | Sentinel International | PairCorr |
| 0.88 | TLCIX | Touchstone Large Cap | PairCorr |
Moving against Sentinel Mutual Fund
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 Sentinel Mutual Fund performing well and Sentinel Small 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 Sentinel Small'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| OLGCX | 0.85 | (0.01) | (0.01) | (0.01) | 1.22 | 1.64 | 5.32 | |||
| QLMLOX | 0.79 | (0.07) | 0.00 | (0.11) | 0.00 | 1.45 | 4.99 | |||
| ENGRX | 0.72 | 0.00 | 0.00 | (0.04) | 1.52 | 3.00 | 10.01 | |||
| WILCX | 0.55 | (0.02) | 0.00 | (0.04) | 0.00 | 0.85 | 6.73 | |||
| RETSX | 0.56 | 0.00 | 0.00 | (0.04) | 0.86 | 0.99 | 3.57 | |||
| AMFFX | 0.50 | (0.04) | 0.00 | (0.04) | 0.00 | 0.91 | 5.60 | |||
| ALCKX | 0.94 | (0.09) | 0.00 | (0.15) | 0.00 | 1.46 | 8.34 |