Sa Us Correlations

SAUFX Fund  USD 9.69  0.01  0.10%   
The current 90-days correlation between Sa Fixed Incme and Astor Longshort Fund is -0.04 (i.e., Good diversification). The correlation of Sa Us 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.

Sa Us Correlation With Market

Modest diversification

The correlation between Sa Fixed Incme and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sa Fixed Incme 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 Sa Fixed Incme. 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 census.

Moving together with SAUFX Mutual Fund

  0.62SAUMX Sa SmallPairCorr
  0.9SAXIX Sa Global FixedPairCorr
  0.7VUBFX Vanguard Ultra-short-termPairCorr
  0.74MSTPX Morningstar MunicipalPairCorr
  0.71WMT Walmart Aggressive PushPairCorr

Moving against SAUFX Mutual Fund

  0.42PFE Pfizer Inc Aggressive PushPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.
High positive correlations   
GTLSXASTIX
PRMDXFTFZX
BSBSXCDICX
RSDIXCDICX
RSDIXFTFZX
PRMDXRSDIX
  
High negative correlations   
CDICXASTIX
GTLSXBSBSX
BSBSXASTIX
GTLSXCDICX

Risk-Adjusted Indicators

There is a big difference between SAUFX Mutual Fund performing well and Sa Us 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 Sa Us' 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.