Federated Short Term Income Fund Market Value
| FSTIX Fund | USD 8.48 0.02 0.24% |
| Symbol | Federated |
Federated Short-term '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 Short-term'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 Short-term.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Federated Short-term on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Federated Short Term Income or generate 0.0% return on investment in Federated Short-term over 540 days. Federated Short-term is related to or competes with Franklin High, T Rowe, Ab Global, Federated Institutional, Western Asset, and Metropolitan West. In pursuing its principal investment strategies, the fund invests in a diversified portfolio of fixed-income securities ... More
Federated Short-term 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 Short-term'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 Short Term Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1557 | |||
| Information Ratio | (0.87) | |||
| Maximum Drawdown | 0.9459 | |||
| Value At Risk | (0.12) | |||
| Potential Upside | 0.2364 |
Federated Short-term Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Federated Short-term's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Federated Short-term's standard deviation. In reality, there are many statistical measures that can use Federated Short-term historical prices to predict the future Federated Short-term's volatility.| Risk Adjusted Performance | 0.0045 | |||
| Jensen Alpha | 0.0051 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.75) | |||
| Treynor Ratio | 0.0182 |
Federated Short Term Backtested Returns
At this stage we consider Federated Mutual Fund to be very steady. Federated Short Term secures Sharpe Ratio (or Efficiency) of 0.0171, which denotes the fund had a 0.0171% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Federated Short Term Income, which you can use to evaluate the volatility of the entity. Please confirm Federated Short-term's Mean Deviation of 0.0848, coefficient of variation of 1472.37, and Standard Deviation of 0.1332 to check if the risk estimate we provide is consistent with the expected return of 0.0019%. The fund shows a Beta (market volatility) of -0.0524, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Federated Short-term are expected to decrease at a much lower rate. During the bear market, Federated Short-term is likely to outperform the market.
Auto-correlation | 0.92 |
Excellent predictability
Federated Short Term Income has excellent predictability. Overlapping area represents the amount of predictability between Federated Short-term 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 Short Term price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Federated Short-term price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Federated Short Term lagged returns against current returns
Autocorrelation, which is Federated Short-term 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 Short-term's mutual fund expected returns. We can calculate the autocorrelation of Federated Short-term returns to help us make a trade decision. For example, suppose you find that Federated Short-term 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 Short-term 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 Short-term mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Federated Short-term 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 Short-term mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Federated Short-term Lagged Returns
When evaluating Federated Short-term's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Federated Short-term mutual fund have on its future price. Federated Short-term 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 Short-term autocorrelation shows the relationship between Federated Short-term mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Federated Short Term Income.
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 Short-term 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 Short-term security.
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