Simt Mid Correlations
SEMCX Fund | USD 31.45 0.30 0.96% |
The correlation of Simt Mid 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.
Simt Mid Correlation With Market
Good diversification
The correlation between Simt Mid Cap and DJI is -0.19 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Simt Mid Cap and DJI in the same portfolio, assuming nothing else is changed.
Simt |
Moving together with Simt Mutual Fund
0.96 | SSCGX | Simt Small Cap | PairCorr |
0.91 | TFCAX | Tax Free Conservative | PairCorr |
0.92 | SBDAX | Stet California Municipal | PairCorr |
0.93 | SCLAX | Simt Multi Asset | PairCorr |
0.97 | SCPAX | Siit Large Cap | PairCorr |
0.85 | SUSAX | Siit Ultra Short | PairCorr |
0.7 | SDGFX | Sdit Short Duration | PairCorr |
0.98 | SDLAX | Siit Dynamic Asset | PairCorr |
0.87 | SEDIX | Saat Defensive Strategy | PairCorr |
0.96 | SECAX | Siit Small Cap | PairCorr |
0.9 | SEDAX | Siit Emerging Markets | PairCorr |
0.94 | SEEIX | Sei Instit International | PairCorr |
0.94 | SEFCX | Sit International Equity | PairCorr |
0.99 | SEHAX | Siit Equity Factor | PairCorr |
0.73 | SEIRX | Simt Real Estate | PairCorr |
0.95 | SEITX | Sit International Equity | PairCorr |
0.94 | SEIYX | Simt High Yield | PairCorr |
0.94 | SEQFX | Sit Emerging Markets | PairCorr |
1.0 | SFDYX | Simt Mid Cap | PairCorr |
0.9 | AAEZX | Enhanced Fixed Income | PairCorr |
0.95 | WEUSX | Siit World Equity | PairCorr |
0.99 | SXMAX | Saat Moderate Strategy | PairCorr |
0.95 | SGMAX | Siit Global Managed | PairCorr |
0.91 | SGYAX | Siit High Yield | PairCorr |
0.92 | SHYAX | Simt High Yield | PairCorr |
0.97 | TMLCX | Simt Tax Managed | PairCorr |
0.97 | SIPIX | Simt Mid Cap | PairCorr |
0.97 | SISAX | Saat Tax Managed | PairCorr |
0.89 | SITEX | Sit Emerging Markets | PairCorr |
0.89 | COIAX | Conservative Income | PairCorr |
0.93 | SMAAX | Aig Government Money | PairCorr |
0.95 | SMSDX | Saat Moderate Strategy | PairCorr |
0.93 | SMSIX | Saat Moderate Strategy | PairCorr |
0.96 | TRMVX | Simt Large Cap | PairCorr |
0.98 | LCIAX | Siit Large Cap | PairCorr |
0.97 | SPIIX | Simt Sp 500 | PairCorr |
Moving against Simt Mutual Fund
Related Correlations Analysis
0.96 | 0.98 | 0.99 | 0.96 | SELCX | ||
0.96 | 0.99 | 0.96 | 0.89 | SESVX | ||
0.98 | 0.99 | 0.98 | 0.93 | TRMVX | ||
0.99 | 0.96 | 0.98 | 0.95 | SSCGX | ||
0.96 | 0.89 | 0.93 | 0.95 | SEITX | ||
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Risk-Adjusted Indicators
There is a big difference between Simt Mutual Fund performing well and Simt Mid 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 Simt Mid'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
SELCX | 0.73 | 0.15 | 0.16 | 0.36 | 0.30 | 2.17 | 4.89 | |||
SESVX | 0.94 | 0.04 | 0.07 | 0.24 | 0.85 | 2.48 | 6.74 | |||
TRMVX | 0.63 | 0.04 | 0.02 | 0.25 | 0.43 | 1.64 | 4.66 | |||
SSCGX | 0.82 | (0.02) | 0.01 | 0.19 | 0.76 | 2.18 | 5.22 | |||
SEITX | 0.51 | 0.23 | 0.00 | (1.88) | 0.19 | 1.38 | 3.51 |