Federated Mdt Correlations
QISCX Fund | USD 28.58 0.21 0.73% |
The current 90-days correlation between Federated Mdt Small and Federated Mdt Small is 0.13 (i.e., Average 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 Small and DJI is 0.88 (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 Small and DJI in the same portfolio, assuming nothing else is changed.
Federated |
Moving together with Federated Mutual Fund
0.96 | QKACX | Federated Mdt All | PairCorr |
0.93 | QKBGX | Federated Mdt Balanced | PairCorr |
0.77 | SBFIX | Federated Global All | PairCorr |
0.84 | FRSAX | Federated Floating Rate | PairCorr |
0.8 | FSBCX | Federated Global All | PairCorr |
0.81 | FSBKX | Federated Global All | PairCorr |
0.77 | FSBLX | Federated Global All | PairCorr |
0.96 | QLSGX | Federated Mdt Small | PairCorr |
0.96 | QLSCX | Federated Mdt Small | PairCorr |
0.96 | FSTKX | Federated Mdt Large | PairCorr |
0.96 | FSTLX | Federated Mdt Large | PairCorr |
0.96 | FSTRX | Federated Mdt Large | PairCorr |
0.76 | FSTBX | Federated Global All | PairCorr |
0.69 | SVALX | Federated Strategic Value | PairCorr |
0.68 | SVAAX | Federated Strategic Value | PairCorr |
0.65 | SVAIX | Federated Strategic Value | PairCorr |
0.68 | SVACX | Federated Strategic Value | PairCorr |
Moving against Federated Mutual Fund
0.53 | FSGVX | Federated U S | PairCorr |
0.65 | FTIBX | Federated Global Total | PairCorr |
0.61 | FTGSX | Federated Total Return | PairCorr |
0.59 | FTGLX | Federated Total Return | PairCorr |
0.52 | INISX | Federated Intermediate | PairCorr |
0.51 | FSGIX | Federated Gov Sec | PairCorr |
0.61 | FTRGX | Federated Total Return | PairCorr |
0.59 | FCBRX | Federated Hermes | PairCorr |
0.58 | RRFCX | Federated Real Return | PairCorr |
0.57 | FTRBX | Federated Total Return | PairCorr |
0.57 | FTRFX | Federated Total Return | PairCorr |
0.57 | FTRKX | Federated Total Return | PairCorr |
Related Correlations Analysis
0.95 | 0.95 | 0.93 | 0.63 | QASCX | ||
0.95 | 0.96 | 0.96 | 0.66 | QISGX | ||
0.95 | 0.96 | 0.96 | 0.7 | FMSTX | ||
0.93 | 0.96 | 0.96 | 0.65 | CMGIX | ||
0.63 | 0.66 | 0.7 | 0.65 | KLCIX | ||
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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 | ||
---|---|---|---|---|---|---|---|---|---|---|
QASCX | 0.87 | 0.17 | 0.05 | 1.24 | 0.71 | 1.93 | 7.16 | |||
QISGX | 0.88 | 0.02 | 0.08 | 0.16 | 0.78 | 1.92 | 6.69 | |||
FMSTX | 0.48 | 0.04 | 0.02 | 0.19 | 0.15 | 1.13 | 3.58 | |||
CMGIX | 0.85 | 0.14 | 0.15 | 0.27 | 0.74 | 1.98 | 5.36 | |||
KLCIX | 1.15 | (0.32) | 0.00 | (0.12) | 0.00 | 1.67 | 4.77 |