Federated Clover Correlations

VSFRX Fund

USD 28.44 0.17 0.60%

The current 90-days correlation between Federated Clover Small and Qs Small Capitalization is 0.13 (i.e., Average diversification). The correlation of Federated Clover 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 Clover Correlation With Market

Significant diversification

The correlation between Federated Clover Small and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Federated Clover Small and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Federated Clover Small. 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 metropolitan statistical area.

Moving together with Federated Mutual Fund

0.84	QKACX	Federated Mdt All	Pair Corr
0.88	QKBGX	Federated Mdt Balanced	Pair Corr
0.69	SBFIX	Federated Global All	Pair Corr
0.66	FRSAX	Federated Floating Rate	Pair Corr
0.62	FSBCX	Federated Global All	Pair Corr
0.63	FSBKX	Federated Global All	Pair Corr
0.65	FSBLX	Federated Global All	Pair Corr
0.88	QLSGX	Federated Mdt Small	Pair Corr
0.89	QLSCX	Federated Mdt Small	Pair Corr
0.85	FSTKX	Federated Mdt Large	Pair Corr
0.85	FSTLX	Federated Mdt Large	Pair Corr
0.85	FSTRX	Federated Mdt Large	Pair Corr
0.64	FSTBX	Federated Global All	Pair Corr
0.66	SVALX	Federated Strategic Value	Pair Corr
0.66	SVAAX	Federated Strategic Value	Pair Corr
0.64	SVAIX	Federated Strategic Value	Pair Corr
0.63	SVACX	Federated Strategic Value	Pair Corr

Moving against Federated Mutual Fund

0.43	FSGVX	Federated U S	Pair Corr
0.64	FTIIX	Federated Global Total	Pair Corr
0.63	FTIBX	Federated Global Total	Pair Corr
0.58	FTGLX	Federated Total Return	Pair Corr
0.48	INISX	Federated Intermediate	Pair Corr
0.41	FSGIX	Federated Gov Sec	Pair Corr
0.59	FTGSX	Federated Total Return	Pair Corr
0.59	FTRGX	Federated Total Return	Pair Corr
0.57	FTRFX	Federated Total Return	Pair Corr
0.57	FTRKX	Federated Total Return	Pair Corr
0.56	FTRBX	Federated Total Return	Pair Corr
0.55	FCBRX	Federated Hermes	Pair Corr

Related Correlations Analysis

	LMBMX	SCYVX	AATSX	KSCYX	CWSIX	RTOUX	BSGSX
LMBMX		0.9	0.97	0.89	0.97	0.93	0.94	LMBMX
SCYVX	0.9		0.89	0.83	0.92	0.97	0.91	SCYVX
AATSX	0.97	0.89		0.93	0.97	0.92	0.96	AATSX
KSCYX	0.89	0.83	0.93		0.92	0.86	0.95	KSCYX
CWSIX	0.97	0.92	0.97	0.92		0.91	0.94	CWSIX
RTOUX	0.93	0.97	0.92	0.86	0.91		0.96	RTOUX
BSGSX	0.94	0.91	0.96	0.95	0.94	0.96		BSGSX
	LMBMX	SCYVX	AATSX	KSCYX	CWSIX	RTOUX	BSGSX

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 Clover 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 Clover'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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
LMBMX	0.95	(0.06)	0.01	0.08	1.06	(1.07)	1.95	(1.75)	8.01
SCYVX	0.92	0.11	0.00	1.09	0.93	(1.04)	1.95	(1.46)	7.36
AATSX	0.80	0.03	0.06	0.15	0.75	(0.89)	2.10	(1.37)	4.86
KSCYX	1.26	0.48	0.28	0.56	1.15	(1.46)	3.29	(2.03)	13.94
CWSIX	0.89	(0.02)	0.03	0.11	0.77	(1.13)	2.04	(1.47)	7.79
RTOUX	0.80	0.10	0.00	0.81	0.84	(0.88)	1.78	(1.45)	6.26
BSGSX	0.79	0.18	0.08	0.83	0.83	(0.87)	1.90	(1.52)	5.09

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

2024 Macroaxis LLC