Saat Aggressive Correlations

SSGAX Fund

USD 15.15 0.09 0.60%

The current 90-days correlation between Saat Aggressive Strategy and Saat Market Growth is 0.99 (i.e., No risk reduction). The correlation of Saat Aggressive 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.

Saat Aggressive Correlation With Market

Poor diversification

The correlation between Saat Aggressive Strategy and DJI is 0.78 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Saat Aggressive Strategy 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 Saat Aggressive Strategy. 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 nation.

Moving together with Saat Mutual Fund

0.98	SRWAX	Saat Market Growth	Pair Corr
0.8	SSCGX	Simt Small Cap	Pair Corr
1.0	SASDX	Saat Aggressive Strategy	Pair Corr
0.84	SSMAX	Siit Small Mid	Pair Corr
0.89	SSPIX	Simt Sp 500	Pair Corr
0.77	STDAX	Saat Defensive Strategy	Pair Corr
0.72	ENIAX	Siit Opportunistic Income	Pair Corr
0.93	STLYX	Simt Tax Managed	Pair Corr
0.79	STMPX	Simt Tax Managed	Pair Corr
0.79	STMSX	Simt Tax Managed	Pair Corr
0.81	STVYX	Simt Tax Managed	Pair Corr
0.86	SCMSX	Saat E Market	Pair Corr
0.86	SCPAX	Siit Large Cap	Pair Corr
0.84	SUSYX	Simt Managed Volatility	Pair Corr
0.64	SUSAX	Siit Ultra Short	Pair Corr
0.87	SDLAX	Siit Dynamic Asset	Pair Corr
0.87	SVAYX	Simt Large Cap	Pair Corr
0.86	SDYAX	Simt Dynamic Asset	Pair Corr
0.84	SVOAX	Simt Managed Volatility	Pair Corr
0.86	SDYYX	Simt Dynamic Asset	Pair Corr
1.0	SEAIX	Saat Aggressive Strategy	Pair Corr

Moving against Saat Mutual Fund

0.49	CFVAX	Catholic Values Fixed	Pair Corr
0.49	CFVYX	Catholic Values Fixed	Pair Corr
0.48	SCFYX	Simt E Fixed	Pair Corr
0.48	SCOAX	Siit E Fixed	Pair Corr
0.48	SCXIX	Sei Insti Mgd	Pair Corr

Related Correlations Analysis

	SRWAX	SMOAX	SVSAX	SELCX	SIEMX
SRWAX		0.73	0.68	0.78	0.65	SRWAX
SMOAX	0.73		0.98	0.18	0.62	SMOAX
SVSAX	0.68	0.98		0.17	0.48	SVSAX
SELCX	0.78	0.18	0.17		0.25	SELCX
SIEMX	0.65	0.62	0.48	0.25		SIEMX
	SRWAX	SMOAX	SVSAX	SELCX	SIEMX

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Risk-Adjusted Indicators

There is a big difference between Saat Mutual Fund performing well and Saat Aggressive 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 Saat Aggressive'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
SRWAX	0.32	(0.02)	(0.20)	0.06	0.32	(0.41)	0.70	(0.69)	1.73
SMOAX	0.20	(0.02)	(0.42)	0.02	0.19	(0.23)	0.34	(0.42)	1.10
SVSAX	0.13	(0.01)	(0.62)	0.02	0.08	(0.18)	0.29	(0.28)	0.67
SELCX	0.68	0.04	0.02	0.16	0.92	(0.67)	1.83	(1.77)	4.57
SIEMX	0.65	(0.04)	(0.13)	(0.03)	0.90	(0.63)	1.41	(1.84)	4.48

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