Federated Correlations
FIGKX Fund | USD 9.70 0.01 0.10% |
The current 90-days correlation between Federated U S and Ab Small Cap is -0.14 (i.e., Good 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
Average diversification
The correlation between Federated U S and DJI is 0.15 (i.e., Average 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
0.62 | STIAX | Federated Strategic | PairCorr |
0.63 | STILX | Federated Strategic | PairCorr |
0.9 | FSGVX | Federated U S | PairCorr |
0.83 | FSGIX | Federated Gov Sec | PairCorr |
0.65 | FSTIX | Federated Short Term | PairCorr |
0.72 | FTIAX | Federated Short Term | PairCorr |
0.94 | RRFCX | Federated Real Return | PairCorr |
0.93 | RRFIX | Federated Real Return | PairCorr |
0.95 | FTRBX | Federated Total Return | PairCorr |
0.98 | FTRGX | Federated Total Return | PairCorr |
0.86 | FTRKX | Federated Total Return | PairCorr |
Related Correlations Analysis
0.96 | 1.0 | 0.97 | 0.95 | QUAIX | ||
0.96 | 0.96 | 0.96 | 0.97 | NESGX | ||
1.0 | 0.96 | 0.97 | 0.96 | HRSCX | ||
0.97 | 0.96 | 0.97 | 0.92 | GLVIX | ||
0.95 | 0.97 | 0.96 | 0.92 | RYSVX | ||
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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 | ||
---|---|---|---|---|---|---|---|---|---|---|
QUAIX | 0.97 | 0.37 | 0.05 | (0.94) | 0.82 | 2.55 | 6.51 | |||
NESGX | 1.28 | 0.17 | 0.21 | 0.35 | 0.78 | 3.07 | 9.09 | |||
HRSCX | 0.89 | 0.37 | 0.05 | (0.90) | 0.77 | 2.45 | 6.38 | |||
GLVIX | 0.75 | 0.09 | 0.13 | 0.33 | 0.00 | 2.39 | 5.76 | |||
RYSVX | 1.08 | 0.42 | 0.12 | (2.19) | 0.86 | 2.60 | 7.99 |