Federated Government Income Fund Volatility

FITSX Fund  USD 9.12  -0.01  -0.11%   
Across the designated horizon, Federated Government Income continues to post a minimal volatility profile. The current Sharpe Ratio (Efficiency) for Federated Government Income is 0.0776, reflecting healthy reward-to-volatility behavior over the last 3 months. The current setup includes 27 technical indicators relevant to risk behavior.

Sharpe Ratio = 0.0776

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Negative ReturnsFITSX
Federated Government Income posted a Market Risk Adjusted Performance of 0.1%, a Risk of 0.22, and a Risk Adjusted Performance of 0.02% for the reported period. Monthly data indicates FEDERATED GOVERNMENT is positioned around 6% of its historical movement range. In a well-diversified portfolio, overall dispersion would reflect cross-asset dynamics.
Key indicators related to FEDERATED GOVERNMENT's volatility include:
90 Days Market Risk
Chance Of Distress
90 Days Economic Sensitivity
FEDERATED GOVERNMENT's beta measures how much FEDERATED GOVERNMENT's price moves relative to the broad market. Combined with total volatility, beta helps investors understand whether FEDERATED GOVERNMENT's risk is primarily market-driven or company-specific.
  

Volatility Strategy

Volatility in Federated Government Income contributes to allocation risk depending on correlation. Current statistical measures show total volatility near 0.22% with a beta coefficient of 0.0233, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of 0.0776, evaluates return per unit of total risk. An alpha value of 0.00301 reflects performance relative to systematic market exposure. Expected return estimates near 0.0167% are derived from historical distribution modeling and help frame forward-looking return assumptions within a portfolio context. Volatility effects depend on underlying market structure and exposure characteristics.

Main indicators related to FEDERATED GOVERNMENT's market risk premium analysis include:

 Beta
0.0233
 Alpha
0.00301
 Risk
0.22
 Sharpe Ratio
0.0776
 Expected Return
0.0167

Moving together with FEDERATED Mutual Fund

  0.81EMDIX Federated Emerging MarketPairCorr
  0.8SBFIX Federated GlobalPairCorr
  0.81FRIEX Federated Hermes EmergingPairCorr
  0.95STFSX Federated StrategicPairCorr
  0.95STIAX Federated StrategicPairCorr
  0.97STILX Federated StrategicPairCorr
  0.97STISX Federated StrategicPairCorr
  0.78FSBCX Federated GlobalPairCorr
  0.78FSBKX Federated GlobalPairCorr
  0.8FSBLX Federated GlobalPairCorr
  0.91FSHIX FEDERATED SHORT-INTERMEDIAPairCorr
  0.9INISX Federated IntermediatePairCorr
  0.94FSHSX FEDERATED SHORT-INTERMEDIAPairCorr
  0.88FSILX Federated Short TermPairCorr
  0.88FSTIX Federated Short TermPairCorr
  0.79FSTKX Federated Mdt LargePairCorr
  0.75FSTLX Federated Mdt LargePairCorr
  0.75FSTRX Federated Mdt LargePairCorr
  0.87FSTYX Federated Short TermPairCorr
  0.83FSTBX Federated GlobalPairCorr
  0.81PIEFX Pnc Emerging MarketsPairCorr
  0.91SVALX Federated Strategic ValuePairCorr
  0.87FTIAX Federated Short TermPairCorr
  0.96FTGLX Federated Total ReturnPairCorr

Moving against FEDERATED Mutual Fund

  0.48FRSAX Federated Floating RatePairCorr

Sensitivity To Market

FEDERATED GOVERNMENT'sFederated Government Income relative market sensitivity is quantified by its beta value of 0.0233. This regression-derived coefficient reflects systematic risk. Total return variability is about 0.22%.This summary describes how Federated Government Income has moved rather than why it moved. Standard deviation is near 0.22% and downside deviation is near 0.23%. Funds with more equity exposure typically show higher volatility than more bond-heavy funds.
Check current 90 days FEDERATED GOVERNMENT correlation with market (Dow Jones Industrial)
α0.003   β0.02
3 Months Beta |Analyze Federated Government Demand Trend
Check current 90 days FEDERATED GOVERNMENT correlation with market (Dow Jones Industrial)

Downside Risk

Standard deviation of FEDERATED is a key measure of price volatility, reflecting the average daily deviation from the mean over the selected time period. High standard deviation means higher volatility; low standard deviation means stability.
Standard Deviation
    
  0.22  
For investors in FEDERATED GOVERNMENT, understanding the difference between standard deviation and downside deviation is important. Standard deviation measures total volatility; downside deviation measures only the loss risk in FEDERATED GOVERNMENT's returns. Federated Government Income posted a Downside Deviation of 0.23, a Downside Variance of 0.05, and a Maximum Drawdown of 1.08 for the reported period.

Mutual Fund Volatility Analysis

Analyzing FEDERATED GOVERNMENT volatility is essential for any investor seeking to manage risk exposure effectively. Sharp swings in FEDERATED GOVERNMENT's mutual fund price during volatile periods can trigger margin calls or forced exits.
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Federated Government Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.

FEDERATED GOVERNMENT Projected Return Density Against Market

Assuming a 90-day horizon FEDERATED GOVERNMENT has a beta of 0.0233 . This usually indicates as returns on the market go up, FEDERATED GOVERNMENT's average returns are expected to increase less than the benchmark. However, during a bear market, the loss from holding Federated Government Income is expected to be smaller as well.
FEDERATED GOVERNMENT remains sensitive to broader mutual fund market conditions in addition to company or sector-specific developments. Portfolio diversification mitigates only part of this exposure. Federated Government Income posted a Downside Deviation of 0.23, a Mean Deviation of 0.17, and a Semi Deviation of 0.14 for the reported period.
Federated Government Income has an alpha of 0.003, implying that it can generate a 0.003 percent excess return over Dow Jones Industrial after adjusting for the inherent market risk (beta).
   Predicted Return Density   
       Returns  
FEDERATED GOVERNMENT's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how federated mutual fund's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives a FEDERATED GOVERNMENT Price Volatility?

Several factors can influence a fund's market volatility:

Industry

Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.

Political and Economic environment

When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.

The Company's Performance

Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract investor attention to the company. This positive attention may impact the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.

Mutual Fund Risk Measures

Assuming a 90-day horizon the coefficient of variation of FEDERATED GOVERNMENT is 1289.44. The daily returns are distributed with a variance of 0.05 and standard deviation of 0.22. The mean deviation of Federated Government Income is currently at 0.17. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.8
α
Alpha over Dow Jones
0.003
β
Beta against Dow Jones0.02
σ
Overall volatility
0.22
Ir
Information ratio 0.23

Mutual Fund Return Volatility

FEDERATED GOVERNMENT historical daily return volatility represents how much of FEDERATED GOVERNMENT fund's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund shows 0.2159% volatility of returns over 90 trading days. By contrast, Dow Jones Industrial accepts 0.792% volatility on return distribution over a 90-day horizon.
 Performance 
       Timeline  

Related Correlations Analysis


Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

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High negative correlations

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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.

Risk Metrics, Assumptions & Methodology

Volatility for FEDERATED GOVERNMENT reflects NAV dispersion and exposure stability across disclosure periods. Return variability informs risk budgeting and diversification impact.

The analytics block for Federated Government Income relies on fund disclosures and market reference feeds, with quality checks and normalization applied before rendering. Timing can vary by data vendor. Volatility and downside metrics are estimated from historical return dispersion.

This content is curated and reviewed by:

Rifka Kats - Member of Macroaxis Editorial Board

FEDERATED GOVERNMENT Investment Opportunity

Measured over the selected horizon, Dow Jones Industrial carries roughly 3.59 times the return volatility of Federated Government Income. That difference can matter when investors want a steadier position size or lower contribution to total portfolio risk.You can use Federated Government Income to protect your portfolios against small market fluctuations. This price-change note interprets the latest move in the context of short-horizon trading behavior. It is most useful when combined with broader risk controls and position-sizing discipline. a normal downward trend and little activity. Check odds of FEDERATED GOVERNMENT to be traded at $9.03 in 90 days.

Weak diversification

Across the chosen horizon, FITSX and DJI show a correlation of 0.35 and fall into the Weak diversification bucket. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.

FEDERATED GOVERNMENT Additional Risk Indicators

Risk analysis around Federated Government Income becomes more useful when investors review secondary indicators that can confirm, refine, or challenge the basic volatility picture. Used correctly, these measures can support both standalone risk assessment and portfolio-level hedging decisions.

FEDERATED GOVERNMENT Suggested Diversification Pairs

Pair trading with FEDERATED GOVERNMENT can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against FEDERATED GOVERNMENT as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. FEDERATED GOVERNMENT's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, FEDERATED GOVERNMENT's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Federated Government Income.