Federated Global Allocation Fund Market Value
| FSBCX Fund | USD 20.00 0.01 0.05% |
| Symbol | FEDERATED |
Federated Global '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 Global'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 Global.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Federated Global on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Federated Global Allocation or generate 0.0% return on investment in Federated Global over 30 days. Federated Global is related to or competes with Federated Max-cap, Federated Kaufmann, Federated Strategic, Federated Bond, and Federated Fund. The fund will invest in a diversified mix of various asset classes, which may include, but are not limited to, equity an... More
Federated Global 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 Global'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 Global Allocation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5267 | |||
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 2.09 | |||
| Value At Risk | (0.85) | |||
| Potential Upside | 0.7541 |
Federated Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Federated Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Federated Global's standard deviation. In reality, there are many statistical measures that can use Federated Global historical prices to predict the future Federated Global's volatility.| Risk Adjusted Performance | 0.0389 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.19) | |||
| Treynor Ratio | 0.0361 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Federated Global's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Federated Global All Backtested Returns
At this stage we consider FEDERATED Mutual Fund to be very steady. Federated Global All secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the fund had a 0.1% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Federated Global Allocation, which you can use to evaluate the volatility of the entity. Please confirm Federated Global's Coefficient Of Variation of 1697.0, downside deviation of 0.5267, and Mean Deviation of 0.3632 to check if the risk estimate we provide is consistent with the expected return of 0.0469%. The fund shows a Beta (market volatility) of 0.5, which means possible diversification benefits within a given portfolio. As returns on the market increase, Federated Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Federated Global is expected to be smaller as well.
Auto-correlation | 0.84 |
Very good predictability
Federated Global Allocation has very good predictability. Overlapping area represents the amount of predictability between Federated Global time series from 30th of October 2024 to 14th of November 2024 and 14th of November 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 Global All price movement. The serial correlation of 0.84 indicates that around 84.0% of current Federated Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Federated Global All lagged returns against current returns
Autocorrelation, which is Federated Global 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 Global's mutual fund expected returns. We can calculate the autocorrelation of Federated Global returns to help us make a trade decision. For example, suppose you find that Federated Global 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 Global 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 Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Federated Global 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 Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Federated Global Lagged Returns
When evaluating Federated Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Federated Global mutual fund have on its future price. Federated Global 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 Global autocorrelation shows the relationship between Federated Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Federated Global Allocation.
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 Global 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 Global security.
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| Fundamental Analysis View fundamental data based on most recent published financial statements |