Federated Premier Municipal Fund Price on December 5, 2023
| FMN Fund | USD 11.29 0.11 0.98% |
Below is the normalized historical share price chart for Federated Premier Municipal extending back to December 20, 2002. 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 Premier stands at 11.29, as last reported on the 29th of November, with the highest price reaching 11.31 and the lowest price hitting 11.20 during the day.
If you're considering investing in Federated Fund, it is important to understand the factors that can impact its price. Federated Premier secures Sharpe Ratio (or Efficiency) of -0.15, which denotes the fund had a -0.15% return per unit of risk over the last 3 months. Federated Premier Municipal exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Federated Premier's Mean Deviation of 0.5056, standard deviation of 0.7592, and Variance of 0.5764 to check the risk estimate we provide.
Federated Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Federated |
Sharpe Ratio = -0.1488
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Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Federated Premier 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 Premier by adding Federated Premier to a well-diversified portfolio.
Market Capitalization 138.3 M |
Federated Premier Valuation on December 5, 2023
It is possible to determine the worth of Federated Premier on a given historical date. On December 5, 2023 Federated was worth 10.17 at the beginning of the trading date compared to the closed value of 10.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Federated Premier fund. Still, in general, we apply an absolute valuation method to find Federated Premier's 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 Premier where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Federated Premier's related companies.
| Open | High | Low | Close | Volume | |
| 10.13 | 10.17 | 10.05 | 10.15 | 58,535 | |
12/05/2023 | 10.17 | 10.20 | 10.10 | 10.15 | 21,219 |
| 10.19 | 10.23 | 10.18 | 10.18 | 16,522 |
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Federated Premier Trading Date Momentum on December 5, 2023
| On December 06 2023 Federated Premier Municipal was traded for 10.18 at the closing time. Highest Federated Premier's price during the trading hours was 10.23 and the lowest price during the day was 10.18 . The net volume was 16.5 K. The overall trading history on the 6th of December contributed to the next trading period price boost. The overall trading delta to the next next day price was 0.30% . The overall trading delta to current price is 2.76% . |
Federated Premier Fundamentals Correlations and Trends
By evaluating Federated Premier's 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 Premier's 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 Premier Fund history
Federated Premier 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 Premier 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 Premier stock prices may prove useful in developing a viable investing in Federated Premier
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.
Federated Premier Fund Technical Analysis
Federated Premier technical 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 Premier Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Federated Premier Municipal cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 Premier November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Federated Premier 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 Premier shares will generate the highest return on investment. By undertsting and applying Federated Premier fund market strength indicators, traders can identify Federated Premier Municipal entry and exit signals to maximize returns
Federated Premier Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Federated Premier's price direction in advance. Along with the technical and fundamental analysis of Federated 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 | (0.05) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 0.4005 |
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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.
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