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.
Saat |
Moving together with Saat Mutual Fund
0.92 | RIRAX | Capital Income Builder | PairCorr |
0.91 | RIREX | Capital Income Builder | PairCorr |
0.91 | RIRCX | Capital Income Builder | PairCorr |
0.91 | RIRFX | Capital Income Builder | PairCorr |
0.92 | CIRCX | Capital Income Builder | PairCorr |
0.91 | CIREX | Capital Income Builder | PairCorr |
0.92 | RIRBX | Capital Income Builder | PairCorr |
0.91 | CAIFX | Capital Income Builder | PairCorr |
0.91 | CIRFX | Capital Income Builder | PairCorr |
0.91 | CIRAX | Capital Income Builder | PairCorr |
0.89 | ASG | Liberty All Star | PairCorr |
0.78 | IIF | Morgan Stanley India | PairCorr |
0.9 | CII | Blackrock Enhanced | PairCorr |
0.85 | IFN | India Closed | PairCorr |
0.83 | ETV | Eaton Vance Tax | PairCorr |
0.72 | CLM | Cornerstone Strategic | PairCorr |
0.79 | CRF | Cornerstone Strategic | PairCorr |
0.89 | USA | Liberty All Star | PairCorr |
0.89 | ETY | Eaton Vance Tax | PairCorr |
0.83 | NFJ | Virtus Dividend Interest | PairCorr |
0.87 | JPM | JPMorgan Chase | PairCorr |
0.88 | DIS | Walt Disney | PairCorr |
0.74 | MMM | 3M Company | PairCorr |
0.85 | CSCO | Cisco Systems Aggressive Push | PairCorr |
0.78 | TRV | The Travelers Companies | PairCorr |
0.89 | BA | Boeing | PairCorr |
0.92 | BAC | Bank of America Aggressive Push | PairCorr |
0.88 | AXP | American Express | PairCorr |
0.83 | IBM | International Business | PairCorr |
0.83 | MSFT | Microsoft | PairCorr |
0.9 | GE | GE Aerospace | PairCorr |
Related Correlations Analysis
0.99 | 0.98 | 0.97 | 0.99 | SRWAX | ||
0.99 | 1.0 | 0.94 | 0.97 | SMOAX | ||
0.98 | 1.0 | 0.93 | 0.96 | SVSAX | ||
0.97 | 0.94 | 0.93 | 0.96 | SELCX | ||
0.99 | 0.97 | 0.96 | 0.96 | SIEMX | ||
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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.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
SRWAX | 0.55 | 0.04 | 0.02 | 0.09 | 1.07 | 1.11 | 6.11 | |||
SMOAX | 0.31 | 0.02 | (0.01) | 0.08 | 0.54 | 0.62 | 2.75 | |||
SVSAX | 0.20 | 0.01 | (0.03) | 0.09 | 0.32 | 0.48 | 1.63 | |||
SELCX | 1.20 | 0.14 | 0.06 | 0.14 | 1.81 | 2.57 | 13.75 | |||
SIEMX | 0.78 | 0.08 | 0.04 | 0.16 | 1.23 | 2.06 | 5.70 |