Federated Ultrashort Bond Fund Market Value
| FULBX Fund | USD 9.28 0.00 0.00% |
| Symbol | Federated |
Federated Ultrashort '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 Ultrashort'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 Ultrashort.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in Federated Ultrashort on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding Federated Ultrashort Bond or generate 0.0% return on investment in Federated Ultrashort over 180 days. Federated Ultrashort is related to or competes with Lord Abbett, Health Biotchnology, Tekla Healthcare, Eventide Healthcare, Live Oak, Invesco Global, and Blackrock Health. The fund invests primarily in investment-grade, fixed-income securities, including but not limited to asset-backed secur... More
Federated Ultrashort 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 Ultrashort'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 Ultrashort Bond upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1126 | |||
| Information Ratio | (1.02) | |||
| Maximum Drawdown | 0.6542 | |||
| Value At Risk | (0.11) | |||
| Potential Upside | 0.1092 |
Federated Ultrashort Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Federated Ultrashort's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Federated Ultrashort's standard deviation. In reality, there are many statistical measures that can use Federated Ultrashort historical prices to predict the future Federated Ultrashort's volatility.| Risk Adjusted Performance | 0.0747 | |||
| Jensen Alpha | 0.0143 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (1.05) | |||
| Treynor Ratio | (0.28) |
Federated Ultrashort Bond Backtested Returns
At this stage we consider Federated Mutual Fund to be very steady. Federated Ultrashort Bond secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Federated Ultrashort Bond, which you can use to evaluate the volatility of the entity. Please confirm Federated Ultrashort's Mean Deviation of 0.0726, coefficient of variation of 584.73, and Standard Deviation of 0.1157 to check if the risk estimate we provide is consistent with the expected return of 0.0119%. The fund shows a Beta (market volatility) of -0.0355, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Federated Ultrashort are expected to decrease at a much lower rate. During the bear market, Federated Ultrashort is likely to outperform the market.
Auto-correlation | 0.83 |
Very good predictability
Federated Ultrashort Bond has very good predictability. Overlapping area represents the amount of predictability between Federated Ultrashort time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st of December 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 Ultrashort Bond price movement. The serial correlation of 0.83 indicates that around 83.0% of current Federated Ultrashort price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Federated Ultrashort Bond lagged returns against current returns
Autocorrelation, which is Federated Ultrashort 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 Ultrashort's mutual fund expected returns. We can calculate the autocorrelation of Federated Ultrashort returns to help us make a trade decision. For example, suppose you find that Federated Ultrashort 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 Ultrashort 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 Ultrashort mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Federated Ultrashort 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 Ultrashort mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Federated Ultrashort Lagged Returns
When evaluating Federated Ultrashort's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Federated Ultrashort mutual fund have on its future price. Federated Ultrashort 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 Ultrashort autocorrelation shows the relationship between Federated Ultrashort mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Federated Ultrashort Bond.
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 Ultrashort 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 Ultrashort security.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |