Federated Mdt Correlations
QISCX Fund | USD 28.81 0.25 0.86% |
The current 90-days correlation between Federated Mdt Small and Federated Mdt Small is 1.0 (i.e., No risk reduction). 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
Significant diversification
The correlation between Federated Mdt Small and DJI is 0.02 (i.e., Significant 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
0.79 | VSMAX | Vanguard Small Cap | PairCorr |
0.79 | VSCIX | Vanguard Small Cap | PairCorr |
0.79 | VSCPX | Vanguard Small Cap | PairCorr |
0.82 | NAESX | Vanguard Small Cap | PairCorr |
0.8 | FSSNX | Fidelity Small Cap | PairCorr |
0.8 | DFSTX | Us Small Cap | PairCorr |
0.84 | PASVX | T Rowe Price | PairCorr |
0.79 | PRVIX | T Rowe Price | PairCorr |
0.79 | TRZVX | T Rowe Price | PairCorr |
0.84 | PRSVX | T Rowe Price | PairCorr |
0.8 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
0.8 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
0.71 | CSCO | Cisco Systems Aggressive Push | PairCorr |
0.68 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
0.61 | T | ATT Inc Aggressive Push | PairCorr |
0.73 | DIS | Walt Disney | PairCorr |
Moving against Federated Mutual Fund
0.74 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
0.68 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
0.68 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
0.52 | NHS | Neuberger Berman High | PairCorr |
Related Correlations Analysis
1.0 | 0.96 | 0.95 | 0.93 | QASCX | ||
1.0 | 0.96 | 0.96 | 0.94 | QISGX | ||
0.96 | 0.96 | 0.96 | 0.96 | FMSTX | ||
0.95 | 0.96 | 0.96 | 0.96 | CMGIX | ||
0.93 | 0.94 | 0.96 | 0.96 | 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 | 0.86 | 0.21 | 0.09 | 7.07 | 0.63 | 1.93 | 7.16 | |||
QISGX | 0.87 | 0.22 | 0.10 | 5.47 | 0.75 | 1.92 | 6.69 | |||
FMSTX | 0.47 | 0.15 | 0.08 | 1.26 | 0.00 | 1.13 | 3.58 | |||
CMGIX | 0.81 | 0.30 | 0.20 | 2.38 | 0.55 | 1.98 | 5.36 | |||
KLCIX | 0.62 | 0.21 | 0.09 | 1.92 | 0.57 | 1.67 | 4.77 |