Federated Hermes Fund Price on December 3, 2024
| FCBRX Fund | USD 6.23 0.02 0.32% |
Below is the normalized historical share price chart for Federated Hermes extending back to May 28, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Federated Hermes stands at 6.23, as last reported on the 11th of December 2024, with the highest price reaching 6.23 and the lowest price hitting 6.23 during the day.
If you're considering investing in Federated Mutual Fund, it is important to understand the factors that can impact its price. Federated Hermes secures Sharpe Ratio (or Efficiency) of -0.1, which denotes the fund had a -0.1% return per unit of risk over the last 3 months. Federated Hermes exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Federated Hermes' Standard Deviation of 0.3437, mean deviation of 0.2641, and Variance of 0.1181 to check the risk estimate we provide.
Federated Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Federated |
Sharpe Ratio = -0.1
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| Negative Returns | FCBRX |
Estimated Market Risk
| 0.34 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Federated Hermes is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Federated Hermes by adding Federated Hermes to a well-diversified portfolio.
Federated Hermes Valuation on December 3, 2024
It is possible to determine the worth of Federated Hermes on a given historical date. On December 3, 2024 Federated was worth 6.21 at the beginning of the trading date compared to the closed value of 6.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Federated Hermes mutual fund. Still, in general, we apply an absolute valuation method to find Federated Hermes' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Federated Hermes where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Federated Hermes' related companies.
| Open | High | Low | Close | Volume | |
| 6.22 | 6.22 | 6.22 | 6.22 | 1.00 | |
12/03/2024 | 6.21 | 6.21 | 6.21 | 6.21 | 1.00 |
| 6.23 | 6.23 | 6.23 | 6.23 | 1.00 |
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Federated Hermes Trading Date Momentum on December 3, 2024
| On December 04 2024 Federated Hermes was traded for 6.23 at the closing time. The highest daily price throughout the period was 6.23 and the lowest price was 6.23 . There was no trading activity during the period 1.0. Lack of trading volume on 12/04/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.32% . The overall trading delta to current closing price is 0.32% . |
Federated Hermes Fundamentals Correlations and Trends
By evaluating Federated Hermes' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Federated Hermes' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Federated financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Federated Hermes Mutual Fund history
Federated Hermes investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Federated is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Federated Hermes will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Federated Hermes stock prices may prove useful in developing a viable investing in Federated Hermes
The fund invests primarily in a diversified portfolio of U.S. government securities, including mortgage-backed securities of investment-grade quality, and seeks to provide returns consistent with investments in the market for U.S. home mortgages. It typically seeks to maintain an overall average dollar-weighted portfolio duration that is within one year above or below the Bloomberg US Mortgage-Backed Securities Index . The fund will invest its assets so that at least 80 percent of its net assets are invested in U.S. government securities.
Federated Hermes Mutual Fund Technical Analysis
Federated Hermes technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Federated Hermes Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Federated Hermes cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Federated Hermes December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Federated Hermes mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Federated Hermes shares will generate the highest return on investment. By undertsting and applying Federated Hermes mutual fund market strength indicators, traders can identify Federated Hermes entry and exit signals to maximize returns
Federated Hermes Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Federated Hermes' price direction in advance. Along with the technical and fundamental analysis of Federated Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Federated to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | 2.22 |
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Other Information on Investing in Federated Mutual Fund
Federated Hermes financial ratios help investors to determine whether Federated Mutual 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 Hermes security.
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