Federated Global Allocation Fund Statistic Functions Beta

The function did not generate any output. Please change time horizon or modify your input parameters. This analysis covers sixty data points across the selected time horizon. The Beta measures systematic risk based on how returns on Federated Global correlated with the market. If Beta is less than 0 FEDERATED GLOBAL generally moves in the opposite direction as compared to the market. If FEDERATED GLOBAL Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Federated Global is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of FEDERATED GLOBAL is generally in the same direction as the market. If Beta > 1 FEDERATED GLOBAL moves generally in the same direction as, but more than the movement of the benchmark.