Selected International Correlations

Mutual Funds . USA . 
Fund . Selected International Fund
SLSDX Fund  USD 14.58  0.36  2.53%   
The current 90-days correlation between Selected International and Hodges Fund Retail is 0.62 (i.e., Poor diversification). The correlation of Selected International 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.

Selected International Correlation With Market

Very weak diversification

The correlation between Selected International Fund and DJI is 0.54 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Selected International Fund 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 Selected International Fund. 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 unemployment.

Moving together with Selected Mutual Fund

  0.97SLADX Selected American SharesPairCorr
  0.97SLASX Selected American SharesPairCorr
  1.0SLSSX Selected InternationalPairCorr
  0.96VGTSX Vanguard Total InterPairCorr
  0.96VTIAX Vanguard Total InterPairCorr
  0.96VTSNX Vanguard Total InterPairCorr
  0.98VTPSX Vanguard Total InterPairCorr
  0.96VTISX Vanguard Total InterPairCorr
  0.96VTMGX Vanguard DevelopedPairCorr
  0.95VDVIX Vanguard DevelopedPairCorr
  0.96VTMNX Vanguard DevelopedPairCorr
  0.95VDIPX Vanguard DevelopedPairCorr
  0.95FSPSX Fidelity InternationalPairCorr
  0.97VTSAX Vanguard Total StockPairCorr
  0.98VFIAX Vanguard 500 IndexPairCorr
  0.97VTSMX Vanguard Total StockPairCorr
  0.97VSMPX Vanguard Total StockPairCorr
  0.97VSTSX Vanguard Total StockPairCorr
  0.98VITSX Vanguard Total StockPairCorr
  0.98VFINX Vanguard 500 IndexPairCorr
  0.97VFFSX Vanguard 500 IndexPairCorr
  0.96BBHLX Bbh Partner FundPairCorr
  0.96ARGFX Ariel Fund InvestorPairCorr
  0.92NBNAX Neuberger Berman IntPairCorr
  0.97JHBJX John Hancock FundsPairCorr
  0.9SHLMX Stone Harbor LocalPairCorr
  0.95PRTJX Putnam RetirementPairCorr
  0.66PCCRX Pimco Credit AbsolutePairCorr
  0.97QUASX Ab Small CapPairCorr
  0.98TPGPX Target 2035 FundPairCorr
  0.9TGRYX Tcw Global RealPairCorr
  0.97RICAX Investment Of AmericaPairCorr
  0.75LTNYX Opnhmr RchstrPairCorr
  0.97PDIFX Real Estate DebtPairCorr
  0.81GAUAX Gabelli UtilitiesPairCorr
  0.95BGSIX Blackrock SciencePairCorr
  0.96TNBAX 1290 Smartbeta EquityPairCorr
  0.97IEMGX Voya Multi ManagerPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Selected Mutual Fund performing well and Selected International 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 Selected International'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY