Federated Hermes Emerging Fund Market Value
| FRIEX Fund | USD 20.83 0.55 2.71% |
| Symbol | Federated |
Federated Hermes 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Federated Hermes' mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Federated Hermes.
| 01/16/2024 |
| 01/05/2026 |
If you would invest 0.00 in Federated Hermes on January 16, 2024 and sell it all today you would earn a total of 0.00 from holding Federated Hermes Emerging or generate 0.0% return on investment in Federated Hermes over 720 days. Federated Hermes is related to or competes with Doubleline Total, Bbh Intermediate, Gmo High, T Rowe, and Artisan High. The fund may make significant investments in issuers located or doing business in a single country or geographic region More
Federated Hermes Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Federated Hermes' mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Federated Hermes Emerging upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 4.9 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 1.59 |
Federated Hermes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Federated Hermes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Federated Hermes' standard deviation. In reality, there are many statistical measures that can use Federated Hermes historical prices to predict the future Federated Hermes' volatility.| Risk Adjusted Performance | 0.0015 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Federated Hermes' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Federated Hermes Emerging Backtested Returns
Federated Hermes Emerging secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the fund had a close to zero % return per unit of risk over the last 3 months. Federated Hermes Emerging exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Federated Hermes' Standard Deviation of 1.08, mean deviation of 0.7807, and Variance of 1.16 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.83, which means possible diversification benefits within a given portfolio. As returns on the market increase, Federated Hermes' returns are expected to increase less than the market. However, during the bear market, the loss of holding Federated Hermes is expected to be smaller as well.
Auto-correlation | 0.87 |
Very good predictability
Federated Hermes Emerging has very good predictability. Overlapping area represents the amount of predictability between Federated Hermes time series from 16th of January 2024 to 10th of January 2025 and 10th of January 2025 to 5th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Federated Hermes Emerging price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Federated Hermes price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 3.69 |
Federated Hermes Emerging lagged returns against current returns
Autocorrelation, which is Federated Hermes mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Federated Hermes' mutual fund expected returns. We can calculate the autocorrelation of Federated Hermes returns to help us make a trade decision. For example, suppose you find that Federated Hermes has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Federated Hermes regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Federated Hermes mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Federated Hermes mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Federated Hermes mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Federated Hermes Lagged Returns
When evaluating Federated Hermes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Federated Hermes mutual fund have on its future price. Federated Hermes autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Federated Hermes autocorrelation shows the relationship between Federated Hermes mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Federated Hermes Emerging.
Regressed Prices |
| Timeline |
Also Currently Popular
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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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