Federated Kaufmann Correlations

Mutual Funds . USA . 
Fund . Federated Kaufmann Large
KLCAX Fund  USD 18.04  0.05  0.28%   
The current 90-days correlation between Federated Kaufmann Large and Ab Small Cap is 0.66 (i.e., Poor diversification). The correlation of Federated Kaufmann 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 Kaufmann Correlation With Market

Good diversification

The correlation between Federated Kaufmann Large 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 Kaufmann Large and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Federated Kaufmann Large. 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

  0.95EMDIX Federated Emerging MarketPairCorr
  0.98QKACX Federated Mdt AllPairCorr
  1.0QKBGX Federated Mdt BalancedPairCorr
  0.98SBFIX Federated Global AllPairCorr
  0.98FRIEX Federated Hermes EmergingPairCorr
  0.91STFSX Federated StrategicPairCorr
  0.9STIAX Federated StrategicPairCorr
  0.93STILX Federated StrategicPairCorr
  0.94STISX Federated StrategicPairCorr
  0.97FRSAX Federated Floating RatePairCorr
  0.98FSBCX Federated Global AllPairCorr
  0.98FSBKX Federated Global AllPairCorr
  0.98FSBLX Federated Global AllPairCorr
  0.97QLSGX Federated Mdt SmallPairCorr
  0.96QLSCX Federated Mdt SmallPairCorr
  0.66FSGVX Federated U SPairCorr
  0.95FSHIX Federated Short-intermediaPairCorr
  0.86INISX Federated IntermediatePairCorr
  0.95FSHSX Federated Short IntePairCorr
  0.87FSILX Federated Short TermPairCorr
  0.86FSTIX Federated Short TermPairCorr
  0.99FSTKX Federated Mdt LargePairCorr
  0.97FSTLX Federated Mdt LargePairCorr
  0.99FSTRX Federated Mdt LargePairCorr
  0.87FSTYX Federated Short TermPairCorr
  0.99FSTBX Federated Global AllPairCorr
  0.96PIEFX Pnc Emerging MarketsPairCorr
  0.97PIGDX Pnc International GrowthPairCorr
  0.9SVALX Federated Strategic ValuePairCorr
  0.87FTIAX Federated Short TermPairCorr
  0.9SVAAX Federated Strategic ValuePairCorr
  0.9SVAIX Federated Strategic ValuePairCorr
  0.9SVACX Federated Strategic ValuePairCorr
  0.98PIUCX Pnc International EquityPairCorr
  0.98PIUIX Pnc International EquityPairCorr

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 Kaufmann 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 Kaufmann'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