Sentinel Small Correlations

SSRRX Fund

USD 6.30 0.02 0.32%

The current 90-days correlation between Sentinel Small and Ambrus Core Bond is 0.39 (i.e., 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

Very weak diversification

The correlation between Sentinel Small 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 Sentinel Small 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 Sentinel Small. 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 Sentinel Mutual Fund

0.96	TVOYX	Touchstone Small Cap	Pair Corr
0.82	TEGAX	Mid Cap Growth	Pair Corr
0.8	TEGYX	Mid Cap Growth	Pair Corr
1.0	SAGWX	Sentinel Small Pany	Pair Corr
1.0	SSCOX	Sentinel Small Pany	Pair Corr
0.89	TFCCX	Touchstone Large Cap	Pair Corr
0.8	TFGRX	Touchstone Mid Cap	Pair Corr
0.86	TGVCX	Growth Opportunities	Pair Corr
0.85	TGVFX	Growth Opportunities	Pair Corr
0.83	TGVYX	Growth Opportunities	Pair Corr
0.83	TGVVX	Growth Opportunities	Pair Corr
1.0	TICSX	Touchstone Small Pany	Pair Corr
0.71	SWFCX	Sentinel International	Pair Corr
0.68	SWRLX	Sentinel International	Pair Corr
0.88	TLCIX	Touchstone Large Cap	Pair Corr

Moving against Sentinel Mutual Fund

0.46

SSSGX

Sentinel Low Duration

Pair Corr

Related Correlations Analysis

	TTRBX	CSBCX	ANAGX	FMFXX	RIBRX	ARTFX	CBOAX
TTRBX		0.93	0.89	0.29	0.93	0.7	0.98	TTRBX
CSBCX	0.93		0.97	0.07	0.99	0.44	0.89	CSBCX
ANAGX	0.89	0.97		0.2	0.97	0.44	0.87	ANAGX
FMFXX	0.29	0.07	0.2		0.11	0.56	0.37	FMFXX
RIBRX	0.93	0.99	0.97	0.11		0.45	0.89	RIBRX
ARTFX	0.7	0.44	0.44	0.56	0.45		0.72	ARTFX
CBOAX	0.98	0.89	0.87	0.37	0.89	0.72		CBOAX
	TTRBX	CSBCX	ANAGX	FMFXX	RIBRX	ARTFX	CBOAX

Click cells to compare fundamentals

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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
TTRBX	0.16	0.02	0.06	0.63	0.00	(0.20)	0.41	(0.30)	0.91
CSBCX	0.23	0.02	0.05	0.33	0.18	(0.29)	0.56	(0.35)	1.55
ANAGX	0.19	0.01	0.03	0.29	0.11	(0.28)	0.44	(0.29)	1.17
FMFXX	0.03	0.01	0.00	(0.61)	0.00	0.00	0.00	0.00	1.01
RIBRX	0.24	0.02	0.04	0.27	0.20	(0.32)	0.70	(0.36)	1.65
ARTFX	0.11	0.02	0.07	(1.24)	0.00	(0.20)	0.44	(0.22)	1.22
CBOAX	0.16	0.02	0.07	0.37	0.00	(0.23)	0.40	(0.24)	1.06

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