Saat Moderate Correlations

Mutual Funds . USA . 
Fund . Saat Moderate Strategy
SXMAX Fund  USD 17.17  0.13  0.76%   
The current 90-days correlation between Saat Moderate Strategy and Simt Managed Volatility is -0.15 (i.e., Good diversification). The correlation of Saat Moderate 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 Moderate Correlation With Market

Weak diversification

The correlation between Saat Moderate Strategy and DJI is 0.32 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Saat Moderate 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 Moderate 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

  0.64SRWAX Saat Market GrowthPairCorr
  0.61SSGAX Saat Aggressive StrategyPairCorr
  0.62SSTDX Saat Servative StrategyPairCorr
  0.61STLYX Simt Tax ManagedPairCorr
  0.65STVYX Simt Tax ManagedPairCorr
  0.64SCMSX Saat E MarketPairCorr
  0.65SCLAX Simt Multi AssetPairCorr
  0.65SUSYX Simt Managed VolatilityPairCorr
  0.73SDLAX Siit Dynamic AssetPairCorr
  0.65SVOAX Simt Managed VolatilityPairCorr
  0.68SEAIX Saat Aggressive StrategyPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Saat Mutual Fund performing well and Saat Moderate 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 Moderate'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.

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