Federated International Small Mid Fund Market Value
| ISCAX Fund | USD 40.28 0.23 0.57% |
| Symbol | Federated |
Federated International '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 International'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 International.
| 07/20/2023 |
| 12/11/2024 |
If you would invest 0.00 in Federated International on July 20, 2023 and sell it all today you would earn a total of 0.00 from holding Federated International Small Mid or generate 0.0% return on investment in Federated International over 510 days. Federated International is related to or competes with Oppenheimer Intl, Oppenheimer Intl, Oppenheimer Intl, Morningstar Unconstrained, Thrivent High, High Yield, and Via Renewables. The fund pursues its investment objective of long-term growth of capital by investing at least 80 percent of its net ass... More
Federated International 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 International'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 International Small Mid upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6885 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 3.47 | |||
| Value At Risk | (1.07) | |||
| Potential Upside | 1.28 |
Federated International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Federated International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Federated International's standard deviation. In reality, there are many statistical measures that can use Federated International historical prices to predict the future Federated International's volatility.| Risk Adjusted Performance | 0.025 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | 0.035 |
Federated International Backtested Returns
At this stage we consider Federated Mutual Fund to be very steady. Federated International secures Sharpe Ratio (or Efficiency) of 0.001, which denotes the fund had a 0.001% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Federated International Small Mid, which you can use to evaluate the volatility of the entity. Please confirm Federated International's Downside Deviation of 0.6885, mean deviation of 0.5886, and Coefficient Of Variation of 2921.73 to check if the risk estimate we provide is consistent with the expected return of 7.0E-4%. The fund shows a Beta (market volatility) of 0.44, which means possible diversification benefits within a given portfolio. As returns on the market increase, Federated International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Federated International is expected to be smaller as well.
Auto-correlation | 0.23 |
Weak predictability
Federated International Small Mid has weak predictability. Overlapping area represents the amount of predictability between Federated International time series from 20th of July 2023 to 31st of March 2024 and 31st of March 2024 to 11th 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 International price movement. The serial correlation of 0.23 indicates that over 23.0% of current Federated International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.94 |
Federated International lagged returns against current returns
Autocorrelation, which is Federated International 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 International's mutual fund expected returns. We can calculate the autocorrelation of Federated International returns to help us make a trade decision. For example, suppose you find that Federated International 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 International 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 International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Federated International 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 International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Federated International Lagged Returns
When evaluating Federated International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Federated International mutual fund have on its future price. Federated International 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 International autocorrelation shows the relationship between Federated International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Federated International Small Mid.
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 International 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 International security.
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