Saat Aggressive Correlations

SSGAX Fund  USD 15.55  0.02  0.13%   
The correlation of Saat Aggressive 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.
  
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Moving together with Saat Mutual Fund

  0.92RIRAX Capital Income BuilderPairCorr
  0.91RIREX Capital Income BuilderPairCorr
  0.91RIRCX Capital Income BuilderPairCorr
  0.91RIRFX Capital Income BuilderPairCorr
  0.92CIRCX Capital Income BuilderPairCorr
  0.91CIREX Capital Income BuilderPairCorr
  0.92RIRBX Capital Income BuilderPairCorr
  0.91CAIFX Capital Income BuilderPairCorr
  0.91CIRFX Capital Income BuilderPairCorr
  0.91CIRAX Capital Income BuilderPairCorr
  0.89ASG Liberty All StarPairCorr
  0.78IIF Morgan Stanley IndiaPairCorr
  0.9CII Blackrock EnhancedPairCorr
  0.85IFN India ClosedPairCorr
  0.83ETV Eaton Vance TaxPairCorr
  0.72CLM Cornerstone StrategicPairCorr
  0.79CRF Cornerstone StrategicPairCorr
  0.89USA Liberty All StarPairCorr
  0.89ETY Eaton Vance TaxPairCorr
  0.83NFJ Virtus Dividend InterestPairCorr
  0.87JPM JPMorgan ChasePairCorr
  0.88DIS Walt DisneyPairCorr
  0.74MMM 3M CompanyPairCorr
  0.85CSCO Cisco Systems Aggressive PushPairCorr
  0.78TRV The Travelers CompaniesPairCorr
  0.89BA BoeingPairCorr
  0.92BAC Bank of America Aggressive PushPairCorr
  0.88AXP American ExpressPairCorr
  0.83IBM International BusinessPairCorr
  0.83MSFT MicrosoftPairCorr
  0.9GE GE AerospacePairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

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