Federated Short-intermedia Correlations

Mutual Funds . USA . 
Fund . Federated Short Intermediate Total
FGCAX Fund  USD 10.14  0.01  0.1%   
The current 90-days correlation between Federated Short-intermedia and Ab Bond Inflation is 0.79 (i.e., Poor diversification). The correlation of Federated Short-intermedia 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.

Federated Short-intermedia Correlation With Market

Very good diversification

The correlation between Federated Short Intermediate T and DJI is -0.23 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Federated Short Intermediate T and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Federated Short Intermediate Total. 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 nation.

Moving together with FEDERATED Mutual Fund

  0.82EMDIX Federated Emerging MarketPairCorr
  0.75FRIEX Federated Hermes EmergingPairCorr
  0.89STISX Federated StrategicPairCorr
  0.76FSBLX Federated Global AllPairCorr
  0.86FSHIX Federated Short-intermediaPairCorr
  0.95FSTYX Federated Short TermPairCorr
  0.75PIEFX Pnc Emerging MarketsPairCorr
  0.72PIGDX Pnc International GrowthPairCorr
  0.74PIUCX Pnc International EquityPairCorr
  0.74RRFIX Federated Real ReturnPairCorr
  0.87FTRFX Federated Total ReturnPairCorr
  0.94FCSPX Federated Porate BondPairCorr
  0.85FULAX Federated Ultrashort BondPairCorr
  0.92FDBCX Federated BondPairCorr
  0.61FUSGX Federated Fund ForPairCorr
  0.92FDBAX Federated BondPairCorr
  0.72VSFCX Federated Clover SmallPairCorr
  0.71ISCCX Federated InternationalPairCorr
  0.74PMIEX Pnc International EquityPairCorr
  0.63QAMNX Federated Hermes MdtPairCorr
  0.72QALGX Federated Mdt LargePairCorr
  0.82FHBRX Federated High IncomePairCorr
  0.93ICBRX Federated Hermes IntPairCorr
  0.78FHCOX Federated Hermes ConPairCorr
  0.76FHMIX Federated Hermes ConPairCorr
  0.78FHYTX Federated High YieldPairCorr
  0.68FICMX Federated GovernmentPairCorr
  0.79FIHBX Federated InstitutionalPairCorr
  0.65FIPRX Federated Hermes InfPairCorr
  0.68FKAIX Federated Kaufmann SmallPairCorr
  0.69MXCCX Federated Max CapPairCorr
  0.64FMCRX Federated Mid CapPairCorr
  0.83FMUSX Federated MunicipalPairCorr
  0.71CAPFX Federated Capital IncomePairCorr

Moving against FEDERATED Mutual Fund

  0.71BEARX Federated Prudent BearPairCorr
  0.66PBRIX Federated Prudent BearPairCorr
  0.66PBRCX Federated Prudent BearPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between FEDERATED Mutual Fund performing well and Federated Short-intermedia 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 Federated Short-intermedia'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
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY