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Benchmark SP 500  1,641   9.68  Index Moved Down -0.59% ...


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Collecting data for ^GSPC and SGTBX ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 S&P 500  vs   SunAmerica US Govt Securities
Check Correlation Matrix  
Daily Returns (%)
SGTBX   GSPC   
 
Assuming 30 trading days horizon, S&P 500 is expected to generate 2.04 times more return on investment than SunAmerica. However, SP 500 is 2.04 times more volatile than SunAmerica US Govt Securities B. It trades about 0.35 of its potential returns per unit of risk. SunAmerica US Govt Securities B is currently generating about -0.36 per unit of risk. If you would invest  158,516  in S&P 500 on April 24, 2013 and sell it today you would earn a total of  6,535  from holding S&P 500 or generate 4.12% return on investment over 30 days.

Diversification

Very good diversification
Overlapping area represents amount of risk that can be diversified away by holding S&P 500 and SunAmerica US Govt Securities in the same portfolio assuming nothing else is changed

Correlation Coefficient

-0.26
Parameters
Time Period1 Month [change]
DirectionNegative ^GSPC Moved Down vs SGTBX
StrengthInsignificant
Accuracy95.45%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
SGTBX   GSPC   

S&P 500

 
    
SP 500
Performance
19
Out Of
100
Over 30
Days
    

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SunAmerica US Govt Securities B

 
    
SunAmerica
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days SunAmerica US Govt Securities B has generated negative risk-adjusted returns adding no value to investors with long positions.
    

Match-ups for SunAmerica

Vanguard GNMA Adm vs. SunAmerica US Govt Securities B
Vanguard GNMA Inv vs. SunAmerica US Govt Securities B
Franklin US Government Secs A vs. SunAmerica US Govt Securities B
Franklin US Government Secs Adv vs. SunAmerica US Govt Securities B
Franklin US Government Secs C vs. SunAmerica US Govt Securities B
Franklin US Government Secs B vs. SunAmerica US Govt Securities B
Franklin US Government Secs R vs. SunAmerica US Govt Securities B
Fidelity GNMA Fund vs. SunAmerica US Govt Securities B
American Funds US Government Sec B vs. SunAmerica US Govt Securities B
American Funds US Government Sec 529E vs. SunAmerica US Govt Securities B


 
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