Federated Government Correlations

Mutual Funds . USA . 
Fund . Federated Government Income
FITSX Fund  USD 8.91  0.02  0.22%   
The current 90-days correlation between Federated Government and John Hancock Variable is 0.37 (i.e., Weak diversification). The correlation of Federated Government 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 Government Correlation With Market

Weak diversification

The correlation between Federated Government Income and DJI is 0.31 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Federated Government Income 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 Government Income. 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 state.

Moving together with Federated Mutual Fund

  0.85FCSPX Federated Porate BondPairCorr
  0.65FULAX Federated Ultrashort BondPairCorr
  0.78ICBRX Federated Hermes IntPairCorr
  0.63FHCOX Federated Hermes ConPairCorr
  0.62FHTIX Federated High YieldPairCorr
  0.91FICMX Federated GovernmentPairCorr
  0.86FIPRX Federated Hermes InfPairCorr
  0.98VFIJX Vanguard GnmaPairCorr
  0.95VSIGX Vanguard Intermediate-terPairCorr
  0.97UGSFX Us Government SecuritiesPairCorr
  0.87AMUSX Us Government SecuritiesPairCorr
  0.97FSUGX American Funds GovernmentPairCorr
  0.95UGSCX Us Government SecuritiesPairCorr
  0.97FSUUX American Funds GovernmentPairCorr
  0.98VMBSX Vanguard Mortgage-backedPairCorr
  0.99VFIIX Vanguard GnmaPairCorr
  0.96FUTBX Fidelity Sai TreasuryPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

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

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
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY