Federated Equity Income Fund Market Value
| FDERX Fund | USD 26.55 0.07 0.26% |
| Symbol | Federated |
Federated Equity '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 Equity'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 Equity.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Federated Equity on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Federated Equity Income or generate 0.0% return on investment in Federated Equity over 30 days. Federated Equity is related to or competes with Global Technology, Icon Information, Goldman Sachs, Pgim Jennison, and Biotechnology Fund. The fund invests primarily in income-producing equity securities More
Federated Equity 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 Equity'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 Equity Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5991 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 3.89 | |||
| Value At Risk | (0.95) | |||
| Potential Upside | 0.9897 |
Federated Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Federated Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Federated Equity's standard deviation. In reality, there are many statistical measures that can use Federated Equity historical prices to predict the future Federated Equity's volatility.| Risk Adjusted Performance | 0.0742 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.0691 |
Federated Equity Income Backtested Returns
At this stage we consider Federated Mutual Fund to be very steady. Federated Equity Income secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Federated Equity Income, which you can use to evaluate the volatility of the entity. Please confirm Federated Equity's Mean Deviation of 0.5332, coefficient of variation of 1019.81, and Downside Deviation of 0.5991 to check if the risk estimate we provide is consistent with the expected return of 0.0807%. The fund shows a Beta (market volatility) of 0.85, which means possible diversification benefits within a given portfolio. Federated Equity returns are very sensitive to returns on the market. As the market goes up or down, Federated Equity is expected to follow.
Auto-correlation | 0.94 |
Excellent predictability
Federated Equity Income has excellent predictability. Overlapping area represents the amount of predictability between Federated Equity time series from 30th of October 2024 to 14th of November 2024 and 14th of November 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 Equity Income price movement. The serial correlation of 0.94 indicates that approximately 94.0% of current Federated Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.94 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Federated Equity Income lagged returns against current returns
Autocorrelation, which is Federated Equity 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 Equity's mutual fund expected returns. We can calculate the autocorrelation of Federated Equity returns to help us make a trade decision. For example, suppose you find that Federated Equity 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 Equity 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 Equity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Federated Equity 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 Equity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Federated Equity Lagged Returns
When evaluating Federated Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Federated Equity mutual fund have on its future price. Federated Equity 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 Equity autocorrelation shows the relationship between Federated Equity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Federated Equity 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 Equity 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 Equity security.
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