Ridgeworth Seix Correlations
| STTBX Fund | USD 11.01 0.01 0.09% |
The current 90-days correlation between Ridgeworth Seix Inve and Ultra Short Fixed Income is 0.14 (i.e., Average diversification). The correlation of Ridgeworth Seix 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.
Ridgeworth Seix Correlation With Market
Average diversification
The correlation between Ridgeworth Seix Investment and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ridgeworth Seix Investment and DJI in the same portfolio, assuming nothing else is changed.
Ridgeworth |
Moving together with Ridgeworth Mutual Fund
| 0.78 | VMSAX | Virtus Multi Strategy | PairCorr |
| 0.67 | HYIZX | Ridgeworth Seix High | PairCorr |
| 0.64 | HYPSX | Ridgeworth Seix High | PairCorr |
| 0.93 | SAMFX | Ridgeworth Seix Total | PairCorr |
| 0.64 | SAMHX | Ridgeworth Seix High | PairCorr |
| 0.93 | SAMZX | Ridgeworth Seix Total | PairCorr |
| 0.98 | PXCZX | Virtus Tax Exempt | PairCorr |
| 0.71 | PXIIX | Virtus Rampart Enhanced | PairCorr |
| 0.92 | SAVAX | Virtus Bond Fund | PairCorr |
| 0.94 | SAVCX | Virtus Bond Fund | PairCorr |
| 0.92 | SAVYX | Virtus Bond Fund | PairCorr |
| 0.61 | PGHCX | Virtus High Yield | PairCorr |
| 0.71 | PGICX | Virtus Rampart Enhanced | PairCorr |
| 0.67 | PGIUX | Virtus Global Infras | PairCorr |
| 0.77 | HIEMX | Virtus Emerging Markets | PairCorr |
| 0.67 | PGUAX | Virtus Global Infras | PairCorr |
| 0.67 | PGUCX | Virtus Global Infras | PairCorr |
| 0.93 | STGIX | Ridgeworth Seix E | PairCorr |
| 0.94 | STGZX | Ridgeworth Seix E | PairCorr |
| 0.93 | STIGX | Ridgeworth Seix E | PairCorr |
Related Correlations Analysis
| 0.29 | 0.5 | 0.75 | 0.87 | 0.91 | 0.83 | SWSFX | ||
| 0.29 | 0.87 | 0.71 | 0.64 | 0.25 | 0.48 | DODLX | ||
| 0.5 | 0.87 | 0.86 | 0.78 | 0.46 | 0.7 | MBSAX | ||
| 0.75 | 0.71 | 0.86 | 0.92 | 0.75 | 0.88 | PRVBX | ||
| 0.87 | 0.64 | 0.78 | 0.92 | 0.86 | 0.89 | MFIRX | ||
| 0.91 | 0.25 | 0.46 | 0.75 | 0.86 | 0.89 | TSDCX | ||
| 0.83 | 0.48 | 0.7 | 0.88 | 0.89 | 0.89 | ARTFX | ||
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Risk-Adjusted Indicators
There is a big difference between Ridgeworth Mutual Fund performing well and Ridgeworth Seix 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 Ridgeworth Seix'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SWSFX | 0.05 | 0.01 | 0.00 | (0.91) | 0.00 | 0.10 | 0.69 | |||
| DODLX | 0.25 | 0.02 | 0.12 | 0.16 | 0.24 | 0.57 | 1.69 | |||
| MBSAX | 0.19 | 0.02 | 0.17 | (0.42) | 0.18 | 0.37 | 1.34 | |||
| PRVBX | 0.10 | 0.01 | 0.31 | (0.96) | 0.00 | 0.25 | 0.58 | |||
| MFIRX | 0.11 | 0.03 | 0.19 | 0.76 | 0.00 | 0.19 | 0.76 | |||
| TSDCX | 0.05 | 0.01 | 0.00 | 3.11 | 0.00 | 0.11 | 0.66 | |||
| ARTFX | 0.12 | 0.02 | 0.22 | (1.36) | 0.00 | 0.44 | 1.22 |