FEDERATED GLOBAL Competition

FSTBX Fund

USD 21.88 -0.16 -0.73%

The fund is listed under the World Allocation category and is part of the Federated family. The entity is thematically classified as World Allocation Funds. Federated Global operates alongside Aberdeen Global, Barings Global, Timothy Plan, First American, and Mainstay Definedterm and other firms in the same space. This peer view supports relative benchmarking. This page compares FEDERATED GLOBAL to peers so capital can be allocated with clearer context.

Correlation: FEDERATED GLOBAL vs Polen Global Overview

Very good diversification

The correlation between FSTBX and PGIRX is -0.48, which Macroaxis classifies as Very good diversification for the selected horizon. The cleaner interpretation is to review correlation beside volatility, expected return, and the role each holding plays in the portfolio.

Moving together with FEDERATED Mutual Fund

0.95	EMDIX	Federated Emerging Market	Pair Corr
0.82	STISX	Federated Strategic	Pair Corr
1.0	FSBCX	Federated Global	Pair Corr

Moving against FEDERATED Mutual Fund

0.57

PIGDX

Pnc International Growth

Pair Corr

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Mean reversion is the tendency of FEDERATED GLOBAL's price to return to its historical average after periods of extreme deviation. Investors who identify when FEDERATED GLOBAL's is significantly above or below its mean may find compelling entry or exit opportunities.

Hype

Prediction

Low	Estimated	High
21.31	21.88	22.45

Details

Intrinsic

Valuation

Low	Real	High
21.44	22.01	22.58

Details

Naive

Forecast

Low	Next	High
21.06	21.63	22.20

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
21.92	22.62	23.32

Details

Analyzing FEDERATED GLOBAL in isolation is insufficient for informed investment decisions. Placing FEDERATED GLOBAL's results in the context of its peer group reveals whether its performance is company-specific or simply a function of industry-wide trends.

FEDERATED GLOBAL Competition Correlation Matrix

Reviewing how Federated Global Allocation moves relative to competing funds can show whether peer exposure is reducing portfolio risk or simply repeating the same market bet. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.

	AGD	BGH	TLGAX	FSCCX	MMD	EDIIX	TDF	JOF	SAISX	PGIRX
AGD		0.06	0.58	0.75	0.8	0.91	0.71	0.85	0.9	-0.44	AGD
BGH	0.06		-0.17	0.37	-0.31	0.21	0.48	-0.22	-0.17	0.72	BGH
TLGAX	0.58	-0.17		0.47	0.52	0.6	0.41	0.61	0.64	-0.27	TLGAX
FSCCX	0.75	0.37	0.47		0.65	0.78	0.7	0.64	0.72	-0.23	FSCCX
MMD	0.8	-0.31	0.52	0.65		0.72	0.45	0.85	0.9	-0.78	MMD
EDIIX	0.91	0.21	0.6	0.78	0.72		0.85	0.81	0.88	-0.24	EDIIX
TDF	0.71	0.48	0.41	0.7	0.45	0.85		0.48	0.62	0.07	TDF
JOF	0.85	-0.22	0.61	0.64	0.85	0.81	0.48		0.95	-0.67	JOF
SAISX	0.9	-0.17	0.64	0.72	0.9	0.88	0.62	0.95		-0.64	SAISX
PGIRX	-0.44	0.72	-0.27	-0.23	-0.78	-0.24	0.07	-0.67	-0.64		PGIRX
	AGD	BGH	TLGAX	FSCCX	MMD	EDIIX	TDF	JOF	SAISX	PGIRX

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High positive correlations

SAISX	+ 0.95	JOF
EDIIX	+ 0.91	AGD
SAISX	+ 0.9	AGD
SAISX	+ 0.9	MMD
SAISX	+ 0.88	EDIIX
JOF	+ 0.85	AGD

High negative correlations

PGIRX	- 0.78	MMD
PGIRX	- 0.67	JOF
PGIRX	- 0.64	SAISX
PGIRX	- 0.44	AGD
MMD	- 0.31	BGH
PGIRX	- 0.27	TLGAX

Risk-Adjusted Indicators

Strong stock returns do not always mean FEDERATED GLOBAL Mutual Fund is outperforming its peers on a fundamental level. Risk-adjusted metrics allow investors to compare FEDERATED GLOBAL's efficiency and downside exposure against peers in a more meaningful way. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
AGD	0.97	0.12	0.11	0.20	1.09	-1.13	1.91	-2.17	7.32
BGH	0.36	-0.10	0.00	-0.91	0.00	0.00	0.63	-1.00	2.59
TLGAX	0.90	0.02	0.00	-0.03	0.00	0.00	1.54	-1.97	5.46
FSCCX	0.77	0.01	0.00	-0.03	0.00	0.00	1.49	-1.83	4.97
MMD	0.36	0.05	0.19	0.39	0.36	-0.41	0.65	-0.76	2.87
EDIIX	0.47	0.01	0.00	-0.02	0.00	0.00	0.91	-0.93	2.61
TDF	0.75	0.01	0.00	-0.03	0.00	0.00	1.56	-1.41	5.83
JOF	1.07	0.08	0.06	0.10	1.61	-1.00	2.51	-1.87	8.70
SAISX	0.64	0.07	0.08	0.07	1.02	-0.58	1.44	-1.49	5.04
PGIRX	0.72	-0.17	0.00	-0.27	0.00	0.00	1.15	-2.11	4.24

FEDERATED GLOBAL Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	FSTBX	AGD	BGH	TLGAX	FSCCX	MMD	EDIIX	TDF	JOF	SAISX
	0.73 21.88 FEDERATED	0.09 11.62 Aberdeen	0.22 13.79 Barings	0.46 12.87 Timothy	0.03 32.95 First	0.20 15.24 Mainstay	0.60 11.58 Eaton	0.45 11.10 Templeton	1.92 10.74 Japan	1.39 25.55 SAISX
Market Volatility (90 Days Market Risk)	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Low	Very Low
Market Performance (90 Days Performance)	Weak	Contained	Weak	Soft	Weak	Moderate	Weak	Weak	Soft	Mild
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Over Valued	Under Valued	Fairly Valued	Over Valued	Fairly Valued	Fairly Valued
Buy or Sell Analysis (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Buy	Cautious Hold	Strong Hold	Strong Hold	Strong Buy	Strong Hold	Strong Hold	Buy	Strong Hold
Net Asset	290.36 M	N/A	N/A	276.12 M	2.66 B	N/A	298.85 M	N/A	N/A	349.33 M
Price To Book	1.65	0.76	N/A	2.93	1.47	0.81	2.26	0.36	0.67	1.26
Five Year Return	5.04	7.26	6.21	12.01	5.24	-0.17	7.55	-8.21	7.04	8.4
One Year Return	18.74	21.17	4.53	25.09	10.81	4.25	18.49	16.06	32.99	32.52
Last Dividend Paid	0.06	0.78	1.27	N/A	0.12	1.02	0.03	1.3	0.61	0.24
Price To Earning	14.74	2.39	4.99	19.84	15.6	13.24	19.03	1.01	8.84	14.17
Beta	N/A	1.07	0.63	N/A	N/A	0.35	N/A	0.59	0.66	N/A
Price To Sales	1.14	13.83	N/A	1.86	0.94	13.0	2.38	42.54	28.24	0.69
Cash Position Weight	10.17	N/A	N/A	13.07	0.86	N/A	1.39	N/A	N/A	1.38
Equity Positions Weight	54.32	N/A	N/A	86.93	99.14	N/A	59.28	N/A	N/A	98.59
Three Year Return	12.45	13.95	11.05	20.24	10.23	3.15	15.03	4.77	18.83	15.83
Annual Yield	0.0203	0.0146	0.0634	N/A	0.0105	0.0048	0.0508	0.0063	0.02	0.0251
Year To Date Return	1.27	1.91	0.88	3.62	0.81	0.85	0.24	3.76	3.72	4.25
Bond Positions Weight	13.84	N/A	N/A	N/A	N/A	N/A	10.62	N/A	N/A	N/A
Ten Year Return	6.14	N/A	N/A	10.33	6.46	N/A	7.44	N/A	N/A	5.64
Day Typical Price	21.88	11.67	13.81	12.87	32.95	15.22	11.58	11.14	10.83	25.55
Accumulation Distribution	N/A	0.0169	0.0086	N/A	N/A	0.0085	N/A	0.0222	0.0299	N/A
Market Facilitation Index	N/A	0.2	0.12	N/A	N/A	0.13	N/A	0.25	0.33	N/A
Daily Balance Of Power	0	0.05	-0.25	0	0	0.2308	0	-0.20	-0.64	0
Period Momentum Indicator	-0.16	0.01	-0.03	-0.06	-0.01	0.03	-0.07	-0.05	-0.21	-0.36
Rate Of Daily Change	0.99	1.0	1.0	1.0	1.0	1.0	0.99	1.0	0.98	0.99
Day Median Price	21.88	11.7	13.82	12.87	32.95	15.22	11.58	11.16	10.88	25.55
Price Action Indicator	-0.08	-0.07	-0.04	-0.03	-0.01	0.04	-0.04	-0.08	-0.24	-0.18
Relative Strength Index	38.94	44.63	24.7	47.13	36.51	47.93	38.64	43.08	40.46	38.33
Coefficient Of Variation	19084.57	1184.64	-510.66	-6,898	-3,776	883.8	-26,170	-10,502	2070.81	1637.35
Mean Deviation	0.4309	0.9658	0.3575	0.8989	0.7696	0.3569	0.4704	0.7484	1.07	0.6443
Jensen Alpha	0.0181	0.1201	-0.10	0.0175	0.0113	0.0487	0.0122	0.01	0.0849	0.0738
Total Risk Alpha	0.0249	0.1698	-0.08	0.0385	0.0206	0.0705	0.0207	0.0381	0.1399	0.0937
Sortino Ratio	0.0604	0.1123	N/A	N/A	N/A	0.1888	N/A	N/A	0.0624	0.0783
Downside Variance	0.3911	1.61	N/A	N/A	N/A	0.2201	N/A	N/A	2.78	1.29
Standard Deviation	0.5659	1.28	0.4984	1.16	1.02	0.4748	0.5847	1.03	1.43	0.8826
Kurtosis	0.9087	0.937	1.95	0.6018	0.4366	2.01	-0.19	2.45	2.72	2.14
Potential Upside	0.7329	1.91	0.6325	1.54	1.49	0.6506	0.9091	1.56	2.51	1.44
Treynor Ratio	-0.01	0.1964	-0.91	-0.03	-0.03	0.3918	-0.02	-0.03	0.1031	0.0659
Maximum Drawdown	3.27	7.32	2.59	5.46	4.97	2.87	2.61	5.83	8.7	5.04
Variance	0.3203	1.63	0.2484	1.34	1.05	0.2254	0.3418	1.05	2.05	0.779
Market Risk Adjusted Performance	-0.0025	0.2064	-0.90	-0.02	-0.02	0.4018	-0.01	-0.02	0.1131	0.0759
Risk Adjusted Performance	1.0E-4	0.0709	-0.16	-0.01	-0.02	0.0832	-0.01	-0.01	0.0428	0.0495
Skewness	-0.45	-0.18	-0.98	-0.11	0.2094	0.3473	-0.43	0.8157	-0.77	-0.97
Semi Deviation	0.5937	1.09	N/A	N/A	N/A	0.361	N/A	N/A	1.61	1.02
Information Ratio	0.0668	0.1117	-0.13	0.0156	0.0075	0.1865	0.0558	0.0244	0.0726	0.1005
Value At Risk	-0.96	-2.17	-1.00	-1.97	-1.83	-0.76	-0.93	-1.41	-1.87	-1.49
Expected Short fall	-0.45	-1.13	N/A	N/A	N/A	-0.41	N/A	N/A	-1.00	-0.58
Downside Deviation	0.6254	1.27	N/A	N/A	N/A	0.4691	N/A	N/A	1.67	1.13
Semi Variance	0.3525	1.2	N/A	N/A	N/A	0.1303	N/A	N/A	2.6	1.04

FEDERATED GLOBAL Competition Peer Performance Charts

How to Analyze FEDERATED GLOBAL Against Peers

FEDERATED GLOBAL's peer analysis compares FEDERATED GLOBAL with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:

Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
Check valuation dispersion: Review whether FEDERATED GLOBAL trades at a premium or discount versus peers and why.
Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
Document the thesis: Record where FEDERATED GLOBAL leads or lags and what catalysts could close or widen the gap.

Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

Peer Comparison Metrics & Methodology

The competition view for FEDERATED GLOBAL includes correlation data, so you can see not only which peers are financially similar but also which ones move together in the market. Competition analysis is most useful when price, margins, leverage, and growth are read together.

Data shown for Federated Global Allocation is aggregated from fund disclosures and market reference feeds and normalized across reporting formats. Source publication cadence can introduce delays.

This content is curated and reviewed by:

Vlad Skutelnik - Macroaxis Contributor

Last reviewed on March 14th, 2026

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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FEDERATED GLOBAL Competition

Correlation: FEDERATED GLOBAL vs Polen Global Overview

Moving together with FEDERATED Mutual Fund

Moving against FEDERATED Mutual Fund

Specify up to 10 symbols:

FEDERATED GLOBAL Competition Correlation Matrix

High positive correlations

High negative correlations

Risk-Adjusted Indicators

FEDERATED GLOBAL Competitive Analysis

FEDERATED GLOBAL Competition Peer Performance Charts

How to Analyze FEDERATED GLOBAL Against Peers

Peer Comparison Metrics & Methodology

This content is curated and reviewed by:

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