Federated Mdt Correlations

FGSCX Fund

USD 22.49 0.19 0.85%

The current 90-days correlation between Federated Mdt Mid and Federated Emerging Market is -0.01 (i.e., Good diversification). The correlation of Federated Mdt 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 Mdt Correlation With Market

Very poor diversification

The correlation between Federated Mdt Mid Cap and DJI is 0.89 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Federated Mdt Mid Cap 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 Mdt Mid Cap. 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 main economic indicators.

Moving together with Federated Mutual Fund

0.97	QKACX	Federated Mdt All	Pair Corr
0.92	QKBGX	Federated Mdt Balanced	Pair Corr
0.88	SBFIX	Federated Global All	Pair Corr
0.89	FSBCX	Federated Global All	Pair Corr
0.89	FSBKX	Federated Global All	Pair Corr
0.88	FSBLX	Federated Global All	Pair Corr
0.99	QLSGX	Federated Mdt Small	Pair Corr
0.98	QLSCX	Federated Mdt Small	Pair Corr
0.85	FSTKX	Federated Mdt Large	Pair Corr
0.84	FSTLX	Federated Mdt Large	Pair Corr
0.85	FSTRX	Federated Mdt Large	Pair Corr
0.88	FSTBX	Federated Global All	Pair Corr

Moving against Federated Mutual Fund

0.91	FSGVX	Federated U S	Pair Corr
0.91	FSGIX	Federated Gov Sec	Pair Corr
0.86	FSTYX	Federated Short Term	Pair Corr
0.84	FSILX	Federated Short Term	Pair Corr
0.82	FSTIX	Federated Short Term	Pair Corr
0.82	FTIAX	Federated Short Term	Pair Corr
0.76	FTGLX	Federated Total Return	Pair Corr
0.74	FTGSX	Federated Total Return	Pair Corr
0.66	INISX	Federated Intermediate	Pair Corr
0.81	FULAX	Federated Ultrashort Bond	Pair Corr
0.81	FULBX	Federated Ultrashort Bond	Pair Corr
0.81	FULIX	Federated Ultrashort Bond	Pair Corr
0.81	FULLX	Federated Hermes Ult	Pair Corr
0.72	RRFAX	Federated Real Return	Pair Corr
0.7	RRFCX	Federated Real Return	Pair Corr

Related Correlations Analysis

	EMDIX	QKACX	QKBGX	SBFIX	FRIEX	STFSX	STIAX	STILX	STISX	FRSAX
EMDIX		0.45	0.58	0.65	0.9	0.94	0.94	0.94	0.94	0.83	EMDIX
QKACX	0.45		0.99	0.96	0.4	0.38	0.38	0.38	0.38	0.73	QKACX
QKBGX	0.58	0.99		0.99	0.53	0.52	0.52	0.52	0.52	0.81	QKBGX
SBFIX	0.65	0.96	0.99		0.6	0.57	0.56	0.57	0.56	0.83	SBFIX
FRIEX	0.9	0.4	0.53	0.6		0.81	0.81	0.81	0.8	0.73	FRIEX
STFSX	0.94	0.38	0.52	0.57	0.81		1.0	1.0	1.0	0.81	STFSX
STIAX	0.94	0.38	0.52	0.56	0.81	1.0		1.0	1.0	0.8	STIAX
STILX	0.94	0.38	0.52	0.57	0.81	1.0	1.0		1.0	0.81	STILX
STISX	0.94	0.38	0.52	0.56	0.8	1.0	1.0	1.0		0.8	STISX
FRSAX	0.83	0.73	0.81	0.83	0.73	0.81	0.8	0.81	0.8		FRSAX
	EMDIX	QKACX	QKBGX	SBFIX	FRIEX	STFSX	STIAX	STILX	STISX	FRSAX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

Risk-Adjusted Indicators

There is a big difference between Federated Mutual Fund performing well and Federated Mdt 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 Mdt'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	0.28	0.01	0.24	6.55	0.45	(0.31)	0.52	(0.65)	2.45
QKACX	1.24	0.02	0.00	(0.11)	0.00	0.00	1.85	(2.75)	13.42
QKBGX	0.75	0.03	0.00	(0.08)	0.00	0.00	1.00	(1.58)	8.02
SBFIX	0.65	0.04	0.00	(0.06)	0.00	0.00	1.09	(1.20)	5.55
FRIEX	1.27	0.14	0.09	0.07	1.85	(1.23)	2.36	(2.66)	9.45
STFSX	0.21	0.01	0.30	0.00	0.30	(0.25)	0.37	(0.37)	2.11
STIAX	0.20	0.01	0.30	0.00	0.29	(0.25)	0.37	(0.37)	2.10
STILX	0.20	0.01	0.31	(0.03)	0.28	(0.24)	0.37	(0.37)	1.85
STISX	0.21	0.01	0.31	(0.03)	0.31	(0.23)	0.37	(0.37)	1.99
FRSAX	0.08	(0.01)	0.00	(0.35)	0.00	0.00	0.12	(0.35)	0.94

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

2024 Macroaxis LLC