Sei Daily Correlations
TCGXX Fund | USD 1.00 0.00 0.00% |
The correlation of Sei Daily 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.
SEI |
Related Correlations Analysis
0.64 | 0.79 | 0.9 | 0.82 | 0.63 | 0.91 | USSCX | ||
0.64 | 0.85 | 0.47 | 0.81 | 0.68 | 0.67 | ITYYX | ||
0.79 | 0.85 | 0.78 | 0.8 | 0.67 | 0.89 | RYTHX | ||
0.9 | 0.47 | 0.78 | 0.68 | 0.54 | 0.94 | CMTFX | ||
0.82 | 0.81 | 0.8 | 0.68 | 0.77 | 0.74 | BSTSX | ||
0.63 | 0.68 | 0.67 | 0.54 | 0.77 | 0.56 | TEPIX | ||
0.91 | 0.67 | 0.89 | 0.94 | 0.74 | 0.56 | GISTX | ||
Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between SEI Money Market Fund performing well and Sei Daily Money Market 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 Sei Daily'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
USSCX | 0.99 | 0.17 | 0.10 | 0.46 | 1.29 | 2.09 | 7.06 | |||
ITYYX | 1.18 | 0.06 | 0.02 | 0.12 | 2.38 | 2.36 | 12.95 | |||
RYTHX | 1.03 | 0.01 | 0.00 | 0.07 | 1.69 | 1.84 | 8.13 | |||
CMTFX | 0.93 | 0.08 | 0.05 | 0.56 | 1.29 | 1.96 | 5.99 | |||
BSTSX | 1.04 | 0.08 | 0.04 | 0.39 | 1.70 | 2.03 | 8.24 | |||
TEPIX | 1.45 | 0.00 | 0.00 | 0.01 | 2.72 | 2.79 | 14.99 | |||
GISTX | 0.96 | 0.09 | 0.05 | (3.44) | 1.36 | 2.26 | 7.34 |