Sextant Growth Correlations

SSGFX Fund

USD 58.43 0.51 0.88%

The current 90-days correlation between Sextant Growth and Sextant International Fund is 0.69 (i.e., Poor 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

Very weak diversification

The correlation between Sextant Growth Fund and DJI is 0.55 (i.e., Very weak 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.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sextant Growth 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 census.

Moving together with Sextant Mutual Fund

0.98	FAFGX	American Funds	Pair Corr
0.98	FFAFX	American Funds	Pair Corr
0.98	GFACX	Growth Fund	Pair Corr
0.69	GFAFX	Growth Fund	Pair Corr
0.69	AGTHX	Growth Fund	Pair Corr
0.69	CGFFX	Growth Fund	Pair Corr
0.71	CGFCX	Growth Fund	Pair Corr
0.98	CGFAX	Growth Fund	Pair Corr
0.98	CGFEX	Growth Fund	Pair Corr
0.98	RGAEX	Growth Fund	Pair Corr
0.67	XPPRX	Voya Prime Rate	Pair Corr
0.61	PCF	Putnam High Income	Pair Corr
0.82	RYRCX	Retailing Fund Class	Pair Corr
0.72	CLM	Cornerstone Strategic Sell-off Trend	Pair Corr
0.82	MNEVX	Mainstay Conservative Etf	Pair Corr
0.66	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.69	CSCO	Cisco Systems Sell-off Trend	Pair Corr
0.73	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr

Moving against Sextant Mutual Fund

0.63	SBIFX	Sextant Bond Income	Pair Corr
0.37	NXJ	Nuveen New Jersey	Pair Corr
0.36	XNXJX	Nuveen New Jersey	Pair Corr
0.68	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.67	PFE	Pfizer Inc Fiscal Year End 4th of February 2025	Pair Corr
0.64	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.55	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.43	XNBHX	Neuberger Berman Int	Pair Corr
0.36	VZ	Verizon Communications Fiscal Year End 28th of January 2025	Pair Corr

Related Correlations Analysis

	SSIFX	SBIFX	WESWX	VALSX	STBFX
SSIFX		0.65	-0.29	-0.22	0.52	SSIFX
SBIFX	0.65		-0.49	-0.3	0.79	SBIFX
WESWX	-0.29	-0.49		0.08	-0.51	WESWX
VALSX	-0.22	-0.3	0.08		-0.01	VALSX
STBFX	0.52	0.79	-0.51	-0.01		STBFX
	SSIFX	SBIFX	WESWX	VALSX	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

STBFX	+ 0.79	SBIFX
SBIFX	+ 0.65	SSIFX
STBFX	+ 0.52	SSIFX
VALSX	+ 0.08	WESWX

High negative correlations

STBFX	- 0.51	WESWX
WESWX	- 0.49	SBIFX
VALSX	- 0.3	SBIFX
WESWX	- 0.29	SSIFX
VALSX	- 0.22	SSIFX
STBFX	- 0.01	VALSX

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	0.64	(0.04)	(0.11)	0.06	0.77	(0.70)	1.25	(1.38)	4.38
SBIFX	0.29	(0.03)	0.00	0.80	0.00	0.00	0.46	(0.68)	1.60
WESWX	0.66	(0.08)	0.00	(0.39)	0.00	0.00	1.19	(0.91)	10.53
VALSX	0.57	(0.02)	(0.08)	0.10	0.70	(0.59)	1.20	(1.35)	3.34
STBFX	0.07	(0.01)	(0.63)	(0.39)	0.02	(0.20)	0.20	(0.20)	0.40

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