Federated Total Correlations

Mutual Funds . USA . 
Fund . Federated Total Return
FTRLX Fund  USD 9.50  0.02  0.21%   
The current 90-days correlation between Federated Total Return and Small Pany Growth is 0.24 (i.e., Modest diversification). The correlation of Federated Total is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Federated Total Correlation With Market

Modest diversification

The correlation between Federated Total Return and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Federated Total Return and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Federated Total Return. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Moving together with Federated Mutual Fund

  0.78QKACX Federated Mdt AllPairCorr
  0.82QKBGX Federated Mdt BalancedPairCorr
  0.65FRIEX Federated Hermes EmergingPairCorr
  0.61STILX Federated StrategicPairCorr
  0.61STISX Federated StrategicPairCorr
  0.61FSBCX Federated Global AllPairCorr
  0.81FSHIX Federated Short-intermediaPairCorr
  0.91INISX Federated IntermediatePairCorr
  0.84FSHSX Federated Short IntePairCorr
  0.82FSTKX Federated Mdt LargePairCorr
  0.82FSTLX Federated Mdt LargePairCorr
  0.82FSTRX Federated Mdt LargePairCorr
  0.62PIGDX Pnc International GrowthPairCorr
  0.71SVALX Federated Strategic ValuePairCorr
  1.0FTGLX Federated Total ReturnPairCorr
  0.89FTGSX Federated Total ReturnPairCorr
  0.78SVAAX Federated Strategic ValuePairCorr
  0.83SVAIX Federated Strategic ValuePairCorr
  0.85SVACX Federated Strategic ValuePairCorr
  0.72PIUCX Pnc International EquityPairCorr
  0.79PIUIX Pnc International EquityPairCorr
  0.89RRFAX Federated Real ReturnPairCorr
  0.92RRFCX Federated Real ReturnPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Federated Mutual Fund performing well and Federated Total Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Federated Total's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

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