Federated Premier Financial Statements From 2010 to 2024
| FMN Fund | USD 11.12 0.02 0.18% |
Market Capitalization 138.3 M |
Check Federated Premier financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Federated Premier's main balance sheet or income statement drivers, such as , as well as many indicators such as . Federated financial statements analysis is a perfect complement when working with Federated Premier Valuation or Volatility modules.
Federated |
Federated Premier Municipal Fund Price To Sales Analysis
Federated Premier's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Federated Premier Price To Sales | 12.75 X |
Most of Federated Premier's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Federated Premier Municipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Federated Premier Municipal has a Price To Sales of 12.75 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The price to sales for all United States funds is notably lower than that of the firm.
Federated Premier Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Federated Premier's current stock value. Our valuation model uses many indicators to compare Federated Premier value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Federated Premier competition to find correlations between indicators driving Federated Premier's intrinsic value. More Info.Federated Premier Municipal is rated # 3 fund in price to earning among similar funds. It is rated # 2 fund in price to book among similar funds fabricating about 0.05 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Federated Premier Municipal is roughly 20.48 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Federated Premier's earnings, one of the primary drivers of an investment's value.About Federated Premier Financial Statements
Federated Premier investors utilize fundamental indicators, such as revenue or net income, to predict how Federated Fund might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Federated Premier Municipal Income Fund is a closed-ended fixed income mutual fund launched by Federated Investors, Inc. The fund is managed by Federated Investment Management Company. It invests in fixed income markets of United States. The fund primarily invests in tax-exempt municipal bonds of GO state, GO local, special tax, hospital, transportation, pre-refunded, senior care, water and sewer, education, electric and gas, and public power sectors. It benchmarks the performance of its portfolio against SP Municipal Bond Index. Federated Premier Municipal Income Fund was formed on December 20, 2002 and is domiciled in United States.
Pair Trading with Federated Premier
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Federated Premier position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Federated Premier will appreciate offsetting losses from the drop in the long position's value.Moving against Federated Fund
| 0.84 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.77 | KMKAX | Kinetics Market Oppo Steady Growth | PairCorr |
| 0.77 | KMKCX | Kinetics Market Oppo Steady Growth | PairCorr |
| 0.77 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.76 | KNPAX | Kinetics Paradigm Steady Growth | PairCorr |
The ability to find closely correlated positions to Federated Premier could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Federated Premier when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Federated Premier - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Federated Premier Municipal to buy it.
The correlation of Federated Premier 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Federated Premier moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Federated Premier moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Federated Premier can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Federated Fund
Federated Premier financial ratios help investors to determine whether Federated Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Federated with respect to the benefits of owning Federated Premier security.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |