Federated Short-intermedia Correlations

Mutual Funds USA . 
Fund . Federated Short Intermediate Duration
FSHIX Fund  USD 9.99  0.01  0.10%   
The current 90-days correlation between Federated Short-intermedia and Calamos Longshort Fund is 0.01 (i.e., Significant diversification). The correlation of Federated Short-intermedia 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 Short-intermedia Correlation With Market

Significant diversification

The correlation between Federated Short Intermediate D and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Federated Short Intermediate D 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 Short Intermediate Duration. 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 gross domestic product.

Moving together with Federated Mutual Fund

  0.97EMDIX Federated Emerging MarketPairCorr
  0.95QKACX Federated Mdt AllPairCorr
  0.96QKBGX Federated Mdt BalancedPairCorr
  0.96SBFIX Federated Global AllPairCorr
  0.94FRIEX Federated Hermes EmergingPairCorr
  0.94STFSX Federated StrategicPairCorr
  0.94STIAX Federated StrategicPairCorr
  0.96STILX Federated StrategicPairCorr
  0.96STISX Federated StrategicPairCorr
  0.97FRSAX Federated Floating RatePairCorr
  0.96FSBCX Federated Global AllPairCorr
  0.96FSBKX Federated Global AllPairCorr
  0.96FSBLX Federated Global AllPairCorr
  0.95QLSGX Federated Mdt SmallPairCorr
  0.94QLSCX Federated Mdt SmallPairCorr
  0.82FSGVX Federated U SPairCorr
  0.76FSGIX Federated Gov SecPairCorr
  0.94INISX Federated IntermediatePairCorr
  0.99FSHSX Federated Short IntePairCorr
  0.96FSILX Federated Short TermPairCorr
  0.96FSTIX Federated Short TermPairCorr
  0.95FSTKX Federated Mdt LargePairCorr
  0.96FSTLX Federated Mdt LargePairCorr
  0.95FSTRX Federated Mdt LargePairCorr
  0.96FSTYX Federated Short TermPairCorr
  0.96FSTBX Federated Global AllPairCorr
  0.94PIEFX Pnc Emerging MarketsPairCorr
  0.91PIGDX Pnc International GrowthPairCorr
  0.92SVALX Federated Strategic ValuePairCorr
  0.96FTIAX Federated Short TermPairCorr
  0.92SVAAX Federated Strategic ValuePairCorr
  0.92SVAIX Federated Strategic ValuePairCorr
  0.91SVACX Federated Strategic ValuePairCorr
  0.93PIUCX Pnc International EquityPairCorr
  0.93PIUIX 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 Short-intermedia 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 Short-intermedia'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