Federated Strategic Correlations

Mutual Funds . USA . 
Fund . Federated Strategic Income
STIAX Fund  USD 8.29  0.01  0.12%   
The current 90-days correlation between Federated Strategic and Science Technology Fund is 0.46 (i.e., Very weak diversification). The correlation of Federated Strategic 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 Strategic Correlation With Market

Very weak diversification

The correlation between Federated Strategic Income and DJI is 0.52 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Federated Strategic Income 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 Federated Strategic Income. 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
  0.9QKACX Federated Mdt AllPairCorr
  0.92QKBGX Federated Mdt BalancedPairCorr
  0.94SBFIX Federated Global AllPairCorr
  0.9FRIEX Federated Hermes EmergingPairCorr
  1.0STFSX Federated StrategicPairCorr
  0.99STILX Federated StrategicPairCorr
  0.99STISX Federated StrategicPairCorr
  0.92FRSAX Federated Floating RatePairCorr
  0.94FSBCX Federated Global AllPairCorr
  0.94FSBKX Federated Global AllPairCorr
  0.94FSBLX Federated Global AllPairCorr
  0.91QLSGX Federated Mdt SmallPairCorr
  0.91QLSCX Federated Mdt SmallPairCorr
  0.84FSGVX Federated U SPairCorr
  0.94FSHIX Federated Short-intermediaPairCorr
  0.8FSGIX Federated Gov SecPairCorr
  0.97INISX Federated IntermediatePairCorr
  0.94FSHSX Federated Short IntePairCorr
  0.94FSILX Federated Short TermPairCorr
  0.94FSTIX Federated Short TermPairCorr
  0.9FSTKX Federated Mdt LargePairCorr
  0.91FSTLX Federated Mdt LargePairCorr
  0.9FSTRX Federated Mdt LargePairCorr
  0.94FSTYX Federated Short TermPairCorr
  0.93FSTBX Federated Global AllPairCorr
  0.9PIEFX Pnc Emerging MarketsPairCorr
  0.88PIGDX Pnc International GrowthPairCorr
  0.89SVALX Federated Strategic ValuePairCorr
  0.94FTIAX Federated Short TermPairCorr
  0.69FTGLX Federated Total ReturnPairCorr
  0.67FTGSX Federated Total ReturnPairCorr
  0.89SVAAX Federated Strategic ValuePairCorr
  0.89SVAIX Federated Strategic ValuePairCorr
  0.89SVACX Federated Strategic ValuePairCorr
  0.9PIUCX Pnc International EquityPairCorr
  0.9PIUIX Pnc International EquityPairCorr
  0.71RRFAX Federated Real ReturnPairCorr
  0.65RRFCX Federated Real ReturnPairCorr

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 Strategic 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 Strategic'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