Federated Real Correlations

Mutual Funds . USA . 
Fund . Federated Real Return
RRFCX Fund  USD 9.58  0.04  0.42%   
The current 90-days correlation between Federated Real Return and Real Estate Ultrasector is 0.36 (i.e., Weak diversification). The correlation of Federated Real 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 Real Correlation With Market

Average diversification

The correlation between Federated Real Return and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Federated Real Return and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Federated Real 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 main economic indicators.

Moving together with Federated Mutual Fund

  0.94EMDIX Federated Emerging MarketPairCorr
  0.78FRIEX Federated Hermes EmergingPairCorr
  0.96STFSX Federated StrategicPairCorr
  0.96STIAX Federated StrategicPairCorr
  0.96STILX Federated StrategicPairCorr
  0.96STISX Federated StrategicPairCorr
  0.72FRSAX Federated Floating RatePairCorr
  0.95FSGVX Federated U SPairCorr
  0.94FSHIX Federated Short-intermediaPairCorr
  0.95FSGIX Federated Gov SecPairCorr
  0.98INISX Federated IntermediatePairCorr
  0.91FSHSX Federated Short-intermediaPairCorr
  0.97FSILX Federated Short TermPairCorr
  0.96FSTIX Federated Short TermPairCorr
  0.97FSTYX Federated Short TermPairCorr
  0.78PIEFX Pnc Emerging MarketsPairCorr
  0.78PIGDX Pnc International GrowthPairCorr
  0.93SVALX Federated Strategic ValuePairCorr
  0.96FTIAX Federated Short TermPairCorr
  0.97FTGLX Federated Total ReturnPairCorr
  0.97FTGSX Federated Total ReturnPairCorr
  0.93SVAAX Federated Strategic ValuePairCorr
  0.93SVAIX Federated Strategic ValuePairCorr
  0.93SVACX Federated Strategic ValuePairCorr
  1.0RRFAX Federated Real ReturnPairCorr

Moving against Federated Mutual Fund

  0.71QLSGX Federated Mdt SmallPairCorr
  0.65QLSCX Federated Mdt SmallPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Federated Mutual Fund performing well and Federated Real 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 Real'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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