Sei Insti Correlations

Mutual Funds . USA . 
Fund . Sei Insti Mgd
SCXIX Fund  USD 9.56  0.03  0.31%   
The current 90-days correlation between Sei Insti Mgd and Sit Emerging Markets is 0.09 (i.e., Significant diversification). The correlation of Sei Insti 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.

Sei Insti Correlation With Market

Good diversification

The correlation between Sei Insti Mgd and DJI is -0.16 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sei Insti Mgd 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 Sei Insti Mgd. 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 gross domestic product.

Moving together with Sei Mutual Fund

  0.7SAAAX Simt Multi AssetPairCorr
  0.64SRYRX Simt Real ReturnPairCorr
  0.77SBDAX Stet California MunicipalPairCorr
  1.0SCFYX Simt E FixedPairCorr
  1.0CFVAX Catholic Values FixedPairCorr
  1.0SCOAX Siit E FixedPairCorr
  1.0CFVYX Catholic Values FixedPairCorr
  0.81SCYYX Stet California MunicipalPairCorr
  0.78SDGFX Sdit Short DurationPairCorr

Moving against Sei Mutual Fund

  0.78STDAX Saat Defensive StrategyPairCorr
  0.77SCPAX Siit Large CapPairCorr
  0.76TFCYX Tax Free ConservativePairCorr
  0.76ENIAX Siit Opportunistic IncomePairCorr
  0.74SSPIX Simt Sp 500PairCorr
  0.69STMPX Simt Tax ManagedPairCorr
  0.68SSCGX Simt Small CapPairCorr
  0.68TFCAX Tax Free ConservativePairCorr
  0.68STMSX Simt Tax ManagedPairCorr
  0.64SSMAX Siit Small MidPairCorr
  0.61STLYX Simt Tax ManagedPairCorr
  0.47SSGAX Saat Aggressive StrategyPairCorr
  0.45SASDX Saat Aggressive StrategyPairCorr
  0.34STVYX Simt Tax ManagedPairCorr
  0.81SDYAX Simt Dynamic AssetPairCorr
  0.81SDYYX Simt Dynamic AssetPairCorr
  0.8SDLAX Siit Dynamic AssetPairCorr
  0.76SEHAX Siit Equity FactorPairCorr
  0.71SVAYX Simt Large CapPairCorr
  0.68SECAX Siit Small CapPairCorr
  0.66SUSAX Siit Ultra ShortPairCorr
  0.64SUSYX Simt Managed VolatilityPairCorr
  0.64SVOAX Simt Managed VolatilityPairCorr
  0.6SVYAX Siit Managed VolatilityPairCorr
  0.56SECYX Sdit Ultra ShortPairCorr
  0.55SECPX Sdit Ultra ShortPairCorr

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   
SSPIX
+ 0.74
SGLYX
SEFCX
+ 0.68
SEQFX
SEFCX
+ 0.53
SLIYX
SGLYX
+ 0.49
SLIYX
SLIYX
+ 0.44
SEQFX
SGLYX
+ 0.24
SEQFX
  
High negative correlations   
SSPIX
- 0.35
SEFCX

Risk-Adjusted Indicators

There is a big difference between Sei Mutual Fund performing well and Sei Insti 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 Sei Insti'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
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY