Federated Mutual Fund Market Value

QAMNX
 Fund
  

USD 18.43  0.01  0.05%   

Federated Hermes' market value is the price at which a share of Federated Hermes stock trades on a public exchange. It measures the collective expectations of Federated Hermes Mdt investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Federated Hermes Mdt and determine expected loss or profit from investing in Federated Hermes over a given investment horizon. Please see Federated Hermes Hype Analysis, Federated Hermes Correlation, Portfolio Optimization, Federated Hermes Volatility, as well as analyze Federated Hermes Alpha and Beta and Federated Hermes Performance.
Symbol
Backtest

Please note, there is a significant difference between Federated Hermes' value and its price as these two are different measures arrived at by different means. Investors typically determine Federated Hermes value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Federated Hermes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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.
0.00
06/04/2022
No Change 0.00  0.0 
In 30 days
07/04/2022
0.00
If you would invest  0.00  in Federated Hermes on June 4, 2022 and sell it all today you would earn a total of 0.00 from holding Federated Hermes Mdt or generate 0.0% return on investment in Federated Hermes over 30 days. Federated Hermes is related to or competes with General Electric. The fund seeks to achieve its objective by selecting long positions in publicly traded common stocks which its quantitat...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 Mdt upside and downside potential and time the market with a certain degree of confidence.

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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view 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. Please use the tools below to analyze the current value of Federated Hermes in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
18.0518.4318.81
Details
Intrinsic
Valuation
LowReal ValueHigh
16.5919.5319.91
Details
Naive
Forecast
LowNext ValueHigh
17.9218.3018.69
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
17.8018.4219.04
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Federated Hermes. Your research has to be compared to or analyzed against Federated Hermes' peers to derive any actionable benefits. When done correctly, Federated Hermes' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Federated Hermes Mdt.

Federated Hermes Mdt Backtested Returns

We consider Federated Hermes very steady. Federated Hermes Mdt secures Sharpe Ratio (or Efficiency) of 0.21, which denotes the fund had 0.21% of return per unit of risk over the last 3 months. Our standpoint towards predicting the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-six technical indicators for Federated Hermes Mdt, which you can use to evaluate the future volatility of the entity. Please confirm Federated Hermes Mdt Downside Deviation of 0.3549, coefficient of variation of 484.63, and Mean Deviation of 0.2861 to check if the risk estimate we provide is consistent with the expected return of 0.0806%.
The fund shows a Beta (market volatility) of -0.0349, which means not very significant fluctuations relative to the market. Let's try to break down what Federated's beta means in this case. As returns on the market increase, returns on owning Federated Hermes are expected to decrease at a much lower rate. During the bear market, Federated Hermes is likely to outperform the market. Although it is important to respect Federated Hermes Mdt historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards predicting future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By reviewing Federated Hermes Mdt technical indicators, you can presently evaluate if the expected return of 0.0806% will be sustainable into the future.

Auto-correlation

    
  -0.73  

Almost perfect reverse predictability

Federated Hermes Mdt has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Federated Hermes time series from 4th of June 2022 to 19th of June 2022 and 19th of June 2022 to 4th of July 2022. 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 Mdt price movement. The serial correlation of -0.73 indicates that around 73.0% of current Federated Hermes price fluctuation can be explain by its past prices.
Correlation Coefficient-0.73
Spearman Rank Test-0.24
Residual Average0.0
Price Variance0.0

Federated Hermes Mdt 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 mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      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 
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      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 Mdt.
 Regressed Prices 
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      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Federated Hermes without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Portfolio Volatility

Check portfolio volatility and analyze historical return density to properly model market risk
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Currently Active Assets on Macroaxis

Please see Federated Hermes Hype Analysis, Federated Hermes Correlation, Portfolio Optimization, Federated Hermes Volatility, as well as analyze Federated Hermes Alpha and Beta and Federated Hermes Performance. Note that the Federated Hermes Mdt information on this page should be used as a complementary analysis to other Federated Hermes' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Federated Mutual Fund analysis

When running Federated Hermes Mdt price analysis, check to measure Federated Hermes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Federated Hermes is operating at the current time. Most of Federated Hermes' value examination focuses on studying past and present price action to predict the probability of Federated Hermes' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Federated Hermes' price. Additionally, you may evaluate how the addition of Federated Hermes to your portfolios can decrease your overall portfolio volatility.
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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, stock market cycles, or different charting patterns.
A focus of Federated Hermes technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Federated Hermes trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...