Sextant Growth Correlations
SSGFX Fund | USD 58.06 0.68 1.19% |
The current 90-days correlation between Sextant Growth and Sextant International Fund is 0.2 (i.e., Modest diversification). The correlation of Sextant Growth 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.
Sextant Growth Correlation With Market
Poor diversification
The correlation between Sextant Growth Fund and DJI is 0.64 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sextant Growth Fund and DJI in the same portfolio, assuming nothing else is changed.
Sextant |
Moving together with Sextant Mutual Fund
0.94 | FAFGX | American Funds | PairCorr |
0.94 | FFAFX | American Funds | PairCorr |
0.99 | GFACX | Growth Fund | PairCorr |
0.99 | GFAFX | Growth Fund | PairCorr |
0.99 | AGTHX | Growth Fund | PairCorr |
0.99 | CGFFX | Growth Fund | PairCorr |
0.94 | CGFCX | Growth Fund | PairCorr |
0.94 | CGFAX | Growth Fund | PairCorr |
0.99 | CGFEX | Growth Fund | PairCorr |
0.99 | RGAEX | Growth Fund | PairCorr |
0.92 | AAOTX | American Funds 2065 | PairCorr |
0.63 | PNOPX | Putnam Multi Cap | PairCorr |
0.99 | TILIX | Tiaa-cref Large-cap | PairCorr |
0.99 | PREIX | T Rowe Price | PairCorr |
0.62 | MCIFX | Miller Vertible Bond | PairCorr |
0.81 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
0.82 | HD | Home Depot | PairCorr |
0.77 | T | ATT Inc Aggressive Push | PairCorr |
0.74 | HPQ | HP Inc | PairCorr |
0.93 | CSCO | Cisco Systems Aggressive Push | PairCorr |
0.84 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
0.8 | WMT | Walmart Aggressive Push | PairCorr |
Moving against Sextant Mutual Fund
0.67 | SBIFX | Sextant Bond Income | PairCorr |
0.67 | PFHCX | Pacific Funds Small | PairCorr |
0.34 | NHS | Neuberger Berman High | PairCorr |
0.79 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
0.77 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
0.58 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
Related Correlations Analysis
0.56 | -0.12 | -0.28 | 0.4 | SSIFX | ||
0.56 | -0.49 | -0.37 | 0.72 | SBIFX | ||
-0.12 | -0.49 | 0.26 | -0.35 | WESWX | ||
-0.28 | -0.37 | 0.26 | 0.02 | VALSX | ||
0.4 | 0.72 | -0.35 | 0.02 | STBFX | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Sextant Mutual Fund performing well and Sextant Growth 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 Sextant Growth'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
SSIFX | 0.71 | (0.08) | 0.00 | (0.42) | 0.00 | 1.21 | 4.38 | |||
SBIFX | 0.29 | (0.01) | 0.00 | 0.50 | 0.00 | 0.46 | 1.60 | |||
WESWX | 0.66 | (0.16) | 0.00 | (0.06) | 0.00 | 1.19 | 10.53 | |||
VALSX | 0.58 | (0.01) | (0.07) | 0.12 | 0.65 | 1.22 | 3.34 | |||
STBFX | 0.06 | 0.00 | (0.64) | (0.09) | 0.00 | 0.20 | 0.40 |