Federated Floating Rate Fund Market Value
| FRSAX Fund | USD 8.68 0.01 0.12% |
| Symbol | Federated |
Federated Floating 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Federated Floating's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Federated Floating.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Federated Floating on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Federated Floating Rate or generate 0.0% return on investment in Federated Floating over 540 days. Federated Floating is related to or competes with Lord Abbett, Adams Diversified, Delaware Limited-term, Huber Capital, and Aqr Diversified. The fund pursues its investment objective by allocating its portfolio of investments among the following three categorie... More
Federated Floating Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Federated Floating's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Federated Floating Rate upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.72) | |||
| Maximum Drawdown | 0.7044 | |||
| Value At Risk | (0.12) | |||
| Potential Upside | 0.1163 |
Federated Floating Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Federated Floating's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Federated Floating's standard deviation. In reality, there are many statistical measures that can use Federated Floating historical prices to predict the future Federated Floating's volatility.| Risk Adjusted Performance | 0.1268 | |||
| Jensen Alpha | 0.0239 | |||
| Total Risk Alpha | 2.0E-4 | |||
| Treynor Ratio | (0.60) |
Federated Floating Rate Backtested Returns
At this stage we consider Federated Mutual Fund to be very steady. Federated Floating Rate secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Federated Floating Rate, which you can use to evaluate the volatility of the entity. Please confirm Federated Floating's Standard Deviation of 0.1316, mean deviation of 0.0685, and Variance of 0.0173 to check if the risk estimate we provide is consistent with the expected return of 0.0222%. The fund shows a Beta (market volatility) of -0.0336, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Federated Floating are expected to decrease at a much lower rate. During the bear market, Federated Floating is likely to outperform the market.
Auto-correlation | 0.98 |
Excellent predictability
Federated Floating Rate has excellent predictability. Overlapping area represents the amount of predictability between Federated Floating time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Federated Floating Rate price movement. The serial correlation of 0.98 indicates that 98.0% of current Federated Floating price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.98 | |
| Spearman Rank Test | 0.99 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Federated Floating Rate lagged returns against current returns
Autocorrelation, which is Federated Floating mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Federated Floating's mutual fund expected returns. We can calculate the autocorrelation of Federated Floating returns to help us make a trade decision. For example, suppose you find that Federated Floating has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Federated Floating regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Federated Floating mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Federated Floating mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Federated Floating mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Federated Floating Lagged Returns
When evaluating Federated Floating's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Federated Floating mutual fund have on its future price. Federated Floating autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Federated Floating autocorrelation shows the relationship between Federated Floating mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Federated Floating Rate.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Federated Mutual Fund
Federated Floating financial ratios help investors to determine whether Federated Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Federated with respect to the benefits of owning Federated Floating security.
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