Federated Municipal Ultrashort Fund Price on May 23, 2023
| FMUSX Fund | USD 10.00 0.01 0.10% |
Below is the normalized historical share price chart for Federated Municipal Ultrashort extending back to January 11, 2001. 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 Municipal stands at 10.00, as last reported on the 23rd of December, with the highest price reaching 10.00 and the lowest price hitting 10.00 during the day.
If you're considering investing in Federated Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Federated Mutual Fund to be very steady. Federated Municipal secures Sharpe Ratio (or Efficiency) of 0.0791, which denotes the fund had a 0.0791% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Federated Municipal Ultrashort, which you can use to evaluate the volatility of the entity. Please confirm Federated Municipal's Mean Deviation of 0.038, coefficient of variation of 1284.36, and Standard Deviation of 0.0784 to check if the risk estimate we provide is consistent with the expected return of 0.0063%.
Federated Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Federated |
Sharpe Ratio = 0.0791
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Based on monthly moving average Federated Municipal is performing at about 6% of its full potential. 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 Municipal by adding it to a well-diversified portfolio.
Federated Municipal Valuation on May 23, 2023
It is possible to determine the worth of Federated Municipal on a given historical date. On May 23, 2023 Federated was worth 9.4 at the beginning of the trading date compared to the closed value of 9.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Federated Municipal mutual fund. Still, in general, we apply an absolute valuation method to find Federated Municipal'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 Municipal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Federated Municipal's related companies.
| Open | High | Low | Close | Volume | |
| 9.40 | 9.40 | 9.40 | 9.40 | 1.00 | |
05/23/2023 | 9.40 | 9.40 | 9.40 | 9.40 | 1.00 |
| 9.40 | 9.40 | 9.40 | 9.40 | 1.00 |
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Federated Municipal Trading Date Momentum on May 23, 2023
| On May 24 2023 Federated Municipal Ultrashort was traded for 9.40 at the closing time. The highest daily price throughout the period was 9.40 and the lowest price was 9.40 . There was no trading activity during the period 1.0. Lack of trading volume on 05/24/2023 did not affect price variability. The overall trading delta to current closing price is 0.32% . |
Federated Municipal Fundamentals Correlations and Trends
By evaluating Federated Municipal'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 Municipal'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 Municipal Mutual Fund history
Federated Municipal 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 Municipal 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 Municipal stock prices may prove useful in developing a viable investing in Federated Municipal
The fund will invest at least 65 percent of its assets in securities rated investment-grade without regard to the maturity of the securities and may purchase securities rated below investment-grade without regard to the maturity of the securities up to 35 percent of its assets. It will normally invest so that at least 80 percent of its net assets are in tax-exempt securities or at least 80 percent of its annual interest income is exempt from federal regular income tax.
Federated Municipal Mutual Fund Technical Analysis
Federated Municipal 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 Municipal Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Federated Municipal Ultrashort 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 Municipal December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Federated Municipal 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 Municipal shares will generate the highest return on investment. By undertsting and applying Federated Municipal mutual fund market strength indicators, traders can identify Federated Municipal Ultrashort entry and exit signals to maximize returns
Federated Municipal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Federated Municipal's 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 | (0.03) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | 1.08 |
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Other Information on Investing in Federated Mutual Fund
Federated Municipal 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 Municipal security.
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