Federated Correlations
FIGTX Fund | USD 9.73 0.02 0.21% |
The current 90-days correlation between Federated U S and Federated Emerging Market is 0.13 (i.e., Average diversification). The correlation of Federated 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 Correlation With Market
Good diversification
The correlation between Federated U S and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Federated U S and DJI in the same portfolio, assuming nothing else is changed.
Federated |
Moving together with Federated Mutual Fund
0.68 | STFSX | Federated Strategic | PairCorr |
0.68 | STIAX | Federated Strategic | PairCorr |
0.63 | STILX | Federated Strategic | PairCorr |
0.63 | STISX | Federated Strategic | PairCorr |
0.91 | FSGVX | Federated U S | PairCorr |
0.94 | FSGIX | Federated Gov Sec | PairCorr |
0.78 | INISX | Federated Intermediate | PairCorr |
0.75 | FSILX | Federated Short Term | PairCorr |
0.75 | FSTIX | Federated Short Term | PairCorr |
0.74 | FSTYX | Federated Short Term | PairCorr |
0.74 | FTIAX | Federated Short Term | PairCorr |
0.97 | FTGLX | Federated Total Return | PairCorr |
0.97 | FTGSX | Federated Total Return | PairCorr |
0.93 | RRFAX | Federated Real Return | PairCorr |
0.93 | RRFCX | Federated Real Return | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Federated Mutual Fund performing well and Federated 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'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
EMDIX | 0.19 | 0.09 | (0.13) | 1.31 | 0.00 | 0.51 | 1.10 | |||
QKACX | 0.65 | 0.16 | 0.17 | 0.30 | 0.43 | 1.97 | 4.99 | |||
QKBGX | 0.40 | 0.09 | 0.05 | 0.29 | 0.24 | 1.29 | 2.90 | |||
SBFIX | 0.36 | 0.09 | 0.04 | 0.32 | 0.00 | 1.11 | 2.23 | |||
FRIEX | 0.66 | 0.19 | 0.17 | 0.50 | 0.19 | 2.36 | 4.12 | |||
STFSX | 0.18 | 0.02 | (0.31) | 0.27 | 0.02 | 0.49 | 1.11 | |||
STIAX | 0.19 | 0.02 | (0.34) | 0.26 | 0.08 | 0.37 | 1.10 | |||
STILX | 0.18 | 0.03 | (0.34) | 0.40 | 0.00 | 0.37 | 0.87 | |||
STISX | 0.16 | 0.03 | (0.32) | 0.46 | 0.00 | 0.37 | 1.00 | |||
FRSAX | 0.07 | 0.03 | 0.00 | 1.19 | 0.00 | 0.24 | 0.70 |