Federated Kaufmann Correlations

KLCAX Fund

USD 19.62 0.03 0.15%

The current 90-days correlation between Federated Kaufmann Large and Federated Emerging Market is 0.41 (i.e., Very weak 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

Poor diversification

The correlation between Federated Kaufmann Large and DJI is 0.69 (i.e., Poor 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

0.67	EMDIX	Federated Emerging Market	Pair Corr
0.71	QKACX	Federated Mdt All	Pair Corr
0.7	QKBGX	Federated Mdt Balanced	Pair Corr
0.87	SBFIX	Federated Global All	Pair Corr
0.71	FRIEX	Federated Hermes Emerging	Pair Corr
0.7	STFSX	Federated Strategic	Pair Corr
0.71	STIAX	Federated Strategic	Pair Corr
0.71	STILX	Federated Strategic	Pair Corr
0.7	STISX	Federated Strategic	Pair Corr
0.87	FSBCX	Federated Global All	Pair Corr
0.87	FSBKX	Federated Global All	Pair Corr
0.87	FSBLX	Federated Global All	Pair Corr
0.63	QLSGX	Federated Mdt Small	Pair Corr
0.63	FSTIX	Federated Short Term	Pair Corr
0.87	FSTBX	Federated Global All	Pair Corr
0.71	PIEFX	Pnc Emerging Markets	Pair Corr
0.61	FTIAX	Federated Short Term	Pair Corr
0.64	PIUCX	Pnc International Equity	Pair Corr
0.62	PIUIX	Pnc International Equity	Pair Corr

Related Correlations Analysis

	EMDIX	QKACX	QKBGX	SBFIX	FRIEX	STFSX	STIAX	STILX	STISX	FRSAX
EMDIX		0.59	0.58	0.86	0.34	0.94	0.94	0.92	0.92	0.79	EMDIX
QKACX	0.59		0.98	0.86	0.55	0.56	0.58	0.56	0.56	0.38	QKACX
QKBGX	0.58	0.98		0.86	0.55	0.58	0.59	0.58	0.58	0.33	QKBGX
SBFIX	0.86	0.86	0.86		0.59	0.83	0.83	0.81	0.82	0.7	SBFIX
FRIEX	0.34	0.55	0.55	0.59		0.25	0.25	0.21	0.22	0.2	FRIEX
STFSX	0.94	0.56	0.58	0.83	0.25		0.99	0.99	0.99	0.71	STFSX
STIAX	0.94	0.58	0.59	0.83	0.25	0.99		0.99	0.99	0.7	STIAX
STILX	0.92	0.56	0.58	0.81	0.21	0.99	0.99		1.0	0.7	STILX
STISX	0.92	0.56	0.58	0.82	0.22	0.99	0.99	1.0		0.71	STISX
FRSAX	0.79	0.38	0.33	0.7	0.2	0.71	0.7	0.7	0.71		FRSAX
	EMDIX	QKACX	QKBGX	SBFIX	FRIEX	STFSX	STIAX	STILX	STISX	FRSAX

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 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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
EMDIX	0.17	0.05	(0.05)	0.55	0.00	(0.24)	0.45	(0.23)	1.04
QKACX	0.58	0.00	0.00	0.07	0.85	(0.55)	1.27	(1.27)	3.76
QKBGX	0.37	0.00	(0.05)	0.06	0.44	(0.37)	0.89	(0.72)	2.32
SBFIX	0.35	0.02	(0.02)	0.10	0.46	(0.35)	0.79	(0.91)	2.26
FRIEX	0.80	0.08	0.05	0.17	1.03	(0.87)	1.63	(1.61)	5.82
STFSX	0.13	0.02	(0.28)	0.39	0.00	(0.16)	0.24	(0.24)	0.72
STIAX	0.13	0.02	(0.30)	0.42	0.00	(0.19)	0.24	(0.24)	0.71
STILX	0.13	0.02	(0.27)	0.29	0.00	(0.17)	0.35	(0.24)	0.71
STISX	0.13	0.02	(0.26)	0.31	0.00	(0.18)	0.36	(0.24)	0.72
FRSAX	0.04	0.00	(0.53)	0.04	0.00	(0.22)	0.12	(0.12)	0.59

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

Federated Kaufmann Correlations

Federated Kaufmann Correlation With Market

Poor diversification

Moving together with Federated Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY