Correlation Between Asg Managed and Saat Aggressive
Can any of the company-specific risk be diversified away by investing in both Asg Managed and Saat Aggressive at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining Asg Managed and Saat Aggressive into the same portfolio, which is an essential part of the fundamental portfolio management process.
By analyzing existing cross correlation between Asg Managed Futures and Saat Aggressive Strategy, you can compare the effects of market volatilities on Asg Managed and Saat Aggressive and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Asg Managed with a short position of Saat Aggressive. Check out your portfolio center. Please also check ongoing floating volatility patterns of Asg Managed and Saat Aggressive.
Diversification Opportunities for Asg Managed and Saat Aggressive
0.81 | Correlation Coefficient |
Very poor diversification
The 3 months correlation between Asg and Saat is 0.81. Overlapping area represents the amount of risk that can be diversified away by holding Asg Managed Futures and Saat Aggressive Strategy in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Saat Aggressive Strategy and Asg Managed is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Asg Managed Futures are associated (or correlated) with Saat Aggressive. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Saat Aggressive Strategy has no effect on the direction of Asg Managed i.e., Asg Managed and Saat Aggressive go up and down completely randomly.
Pair Corralation between Asg Managed and Saat Aggressive
Assuming the 90 days horizon Asg Managed is expected to generate 1.11 times less return on investment than Saat Aggressive. In addition to that, Asg Managed is 1.26 times more volatile than Saat Aggressive Strategy. It trades about 0.05 of its total potential returns per unit of risk. Saat Aggressive Strategy is currently generating about 0.07 per unit of volatility. If you would invest 1,608 in Saat Aggressive Strategy on August 27, 2025 and sell it today you would earn a total of 41.00 from holding Saat Aggressive Strategy or generate 2.55% return on investment over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Together |
| Strength | Strong |
| Accuracy | 100.0% |
| Values | Daily Returns |
Asg Managed Futures vs. Saat Aggressive Strategy
Performance |
| Timeline |
| Asg Managed Futures |
| Saat Aggressive Strategy |
Asg Managed and Saat Aggressive Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with Asg Managed and Saat Aggressive
The main advantage of trading using opposite Asg Managed and Saat Aggressive positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Asg Managed position performs unexpectedly, Saat Aggressive can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Saat Aggressive will offset losses from the drop in Saat Aggressive's long position.| Asg Managed vs. Gamco Global Gold | Asg Managed vs. Goldman Sachs Clean | Asg Managed vs. Precious Metals And | Asg Managed vs. Deutsche Gold Precious |
| Saat Aggressive vs. Mutual Of America | Saat Aggressive vs. Gmo Equity Allocation | Saat Aggressive vs. Knights Of Umbus | Saat Aggressive vs. Qs Large Cap |
Check out your portfolio center.Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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