Segall Bryant Correlations

SBEMX Fund

USD 10.75 0.03 0.28%

The correlation of Segall Bryant 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.

Segall Bryant Correlation With Market

Very weak diversification

The correlation between Segall Bryant Hamill and DJI is 0.55 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Segall Bryant Hamill 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 Segall Bryant Hamill. 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 population.

Moving together with Segall Mutual Fund

0.95	SBASX	Segall Bryant Hamill	Pair Corr
0.94	SBAPX	Segall Bryant Hamill	Pair Corr
0.95	SBHAX	Segall Bryant Hamill	Pair Corr
0.95	SBHCX	Segall Bryant Hamill	Pair Corr
1.0	SBHEX	Segall Bryant Hamill	Pair Corr
0.94	SBHPX	Segall Bryant Hamill	Pair Corr
0.98	SBHSX	Segall Bryant Hamill	Pair Corr
0.97	SBHVX	Segall Bryant Hamill	Pair Corr
0.97	SBRVX	Segall Bryant Hamill	Pair Corr
0.95	SBRAX	Segall Bryant Hamill	Pair Corr
0.98	SBSIX	Segall Bryant Hamill	Pair Corr
0.71	WTCOX	Westcore Orado Tax	Pair Corr
0.71	WTIBX	Westcore Plus Bond	Pair Corr
0.96	WTMVX	Westcore Global Large	Pair Corr
0.97	WTLTX	Westcore Flexible Income	Pair Corr
0.95	WTSGX	Westcore Small Cap	Pair Corr
0.88	WTTAX	Westcore Municipal	Pair Corr
0.93	CIEQX	Segall Bryant Hamll	Pair Corr
0.93	CIQRX	Segall Bryant Hamll	Pair Corr
0.71	WICOX	Westcore Orado Tax	Pair Corr
0.73	WIIBX	Westcore Plus Bond	Pair Corr
0.96	WIMVX	Westcore Global Large	Pair Corr
0.97	WILTX	Westcore Flexible Income	Pair Corr
0.95	WISGX	Westcore Small Cap	Pair Corr
0.89	WITAX	Westcore Municipal	Pair Corr
0.99	VEMAX	Vanguard Emerging Markets	Pair Corr
0.99	VEIEX	Vanguard Emerging Markets	Pair Corr
0.99	VEMIX	Vanguard Emerging Markets	Pair Corr
0.99	VEMRX	Vanguard Emerging Markets	Pair Corr
0.99	FWWNX	American Funds New	Pair Corr
0.99	FNFWX	American Funds New	Pair Corr
0.99	NEWFX	New World Fund	Pair Corr
0.99	NWFFX	New World Fund	Pair Corr
0.99	NEWCX	New World Fund	Pair Corr
0.99	ODVYX	Oppenheimer Developing	Pair Corr
0.78	GAAKX	Gmo Alternative Allo	Pair Corr
0.77	GAAGX	Gmo Alternative Allo	Pair Corr
0.68	GPBFX	Gmo E Plus	Pair Corr

Related Correlations Analysis

	RYAQX	IVMXX	SMAAX	PBMXX	SSAGX	DVPXX	MISTX
RYAQX		0.51	0.37	0.51	0.33	0.19	-0.04	RYAQX
IVMXX	0.51		0.66	1.0	0.56	0.69	0.25	IVMXX
SMAAX	0.37	0.66		0.66	0.94	0.53	0.8	SMAAX
PBMXX	0.51	1.0	0.66		0.56	0.69	0.25	PBMXX
SSAGX	0.33	0.56	0.94	0.56		0.39	0.83	SSAGX
DVPXX	0.19	0.69	0.53	0.69	0.39		0.26	DVPXX
MISTX	-0.04	0.25	0.8	0.25	0.83	0.26		MISTX
	RYAQX	IVMXX	SMAAX	PBMXX	SSAGX	DVPXX	MISTX

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

PBMXX	+ 1.0	IVMXX
SSAGX	+ 0.94	SMAAX
MISTX	+ 0.83	SSAGX
MISTX	+ 0.8	SMAAX
DVPXX	+ 0.69	IVMXX
DVPXX	+ 0.69	PBMXX

High negative correlations

MISTX

- 0.04

RYAQX

Risk-Adjusted Indicators

There is a big difference between Segall Mutual Fund performing well and Segall Bryant 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 Segall Bryant'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
RYAQX	0.60	0.05	(0.28)	(0.04)	0.66	(0.70)	1.11	(1.11)	3.33
IVMXX	0.03	0.00	0.00	1.47	0.00	0.00	0.00	0.00	1.01
SMAAX	0.10	0.03	(1.36)	1.94	0.00	(0.15)	0.21	(0.10)	0.61
PBMXX	0.03	0.00	0.00	1.47	0.00	0.00	0.00	0.00	1.01
SSAGX	0.06	0.01	(1.79)	1.52	0.00	(0.18)	0.10	(0.10)	0.61
DVPXX	0.03	0.01	0.00	(1.29)	0.00	0.00	0.00	0.00	1.01
MISTX	0.06	0.00	(1.66)	0.20	0.00	(0.10)	0.09	(0.18)	0.36

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