Simt Us Correlations
| SVOAX Fund | USD 14.38 0.02 0.14% |
The current 90-days correlation between Simt Managed Volatility and Simt Global Managed is -0.01 (i.e., Good diversification). The correlation of Simt Us 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.
Simt Us Correlation With Market
Very poor diversification
The correlation between Simt Managed Volatility and DJI is 0.8 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Simt Managed Volatility and DJI in the same portfolio, assuming nothing else is changed.
Simt |
Moving together with Simt Mutual Fund
| 0.89 | SAAAX | Simt Multi Asset | PairCorr |
| 0.93 | SRWAX | Saat Market Growth | PairCorr |
| 0.78 | SSEAX | Siit Screened World | PairCorr |
| 0.88 | SSGAX | Saat Aggressive Strategy | PairCorr |
| 0.87 | SASDX | Saat Aggressive Strategy | PairCorr |
| 0.69 | SSTDX | Saat Servative Strategy | PairCorr |
| 0.76 | STDAX | Saat Defensive Strategy | PairCorr |
| 0.83 | STVYX | Simt Tax Managed | PairCorr |
| 0.94 | SCMSX | Saat E Market | PairCorr |
| 1.0 | SUSYX | Simt Managed Volatility | PairCorr |
| 0.85 | SVAYX | Simt Large Cap | PairCorr |
| 0.84 | SVSAX | Saat Servative Strategy | PairCorr |
| 0.88 | SEAIX | Saat Aggressive Strategy | PairCorr |
| 0.67 | SEATX | Stet Tax Advantaged | PairCorr |
| 0.7 | SVTAX | Simt Global Managed | PairCorr |
Related Correlations Analysis
| 0.78 | 0.56 | 0.78 | 0.78 | SVTAX | ||
| 0.78 | 0.36 | 0.8 | 0.62 | SHYAX | ||
| 0.56 | 0.36 | 0.63 | 0.85 | TCSGX | ||
| 0.78 | 0.8 | 0.63 | 0.72 | SRAAX | ||
| 0.78 | 0.62 | 0.85 | 0.72 | SITEX | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Simt Mutual Fund performing well and Simt Us 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 Simt Us' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SVTAX | 0.53 | (0.06) | 0.00 | 0.41 | 0.00 | 0.96 | 6.56 | |||
| SHYAX | 0.18 | 0.01 | 0.03 | (0.16) | 0.13 | 0.37 | 1.32 | |||
| TCSGX | 0.09 | 0.00 | 0.10 | 0.00 | 0.00 | 0.20 | 0.59 | |||
| SRAAX | 0.11 | 0.03 | 0.12 | (0.94) | 0.00 | 0.21 | 0.62 | |||
| SITEX | 0.26 | 0.05 | 0.18 | 0.62 | 0.00 | 0.58 | 1.39 |