Federated Premier Municipal Fund Beta
| FMN Fund | USD 11.17 0.09 0.81% |
Federated Premier Municipal fundamentals help investors to digest information that contributes to Federated Premier's financial success or failures. It also enables traders to predict the movement of Federated Fund. The fundamental analysis module provides a way to measure Federated Premier's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Federated Premier fund.
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Federated Premier Municipal Fund Beta Analysis
Federated Premier's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Federated Premier Beta | 0.39 |
Most of Federated Premier's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Federated Premier Municipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Federated Premier Municipal has a Beta of 0.39. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The beta for all United States funds is notably lower than that of the firm.
Federated Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Federated Premier's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Federated Premier could also be used in its relative valuation, which is a method of valuing Federated Premier by comparing valuation metrics of similar companies.Federated Premier is currently under evaluation in beta among similar funds.
As returns on the market increase, Federated Premier's returns are expected to increase less than the market. However, during the bear market, the loss of holding Federated Premier is expected to be smaller as well.
Federated Fundamentals
| Return On Equity | -13.35 | |||
| Return On Asset | 1.8 | |||
| Profit Margin | (225.75) % | |||
| Operating Margin | 82.53 % | |||
| Current Valuation | 226.25 M | |||
| Shares Outstanding | 11.5 M | |||
| Shares Owned By Insiders | 0.12 % | |||
| Shares Owned By Institutions | 31.07 % | |||
| Number Of Shares Shorted | 4.46 K | |||
| Price To Earning | 14.54 X | |||
| Price To Book | 0.71 X | |||
| Price To Sales | 12.75 X | |||
| Revenue | 9.9 M | |||
| Gross Profit | 10.36 M | |||
| Net Income | (22.36 M) | |||
| Cash And Equivalents | 142.11 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 113.6 M | |||
| Debt To Equity | 0.75 % | |||
| Current Ratio | 4.07 X | |||
| Book Value Per Share | 15.49 X | |||
| Cash Flow From Operations | 8.68 M | |||
| Short Ratio | 0.15 X | |||
| Earnings Per Share | 0.75 X | |||
| Number Of Employees | 16 | |||
| Beta | 0.39 | |||
| Market Capitalization | 138.34 M | |||
| Annual Yield | 0.01 % | |||
| Year To Date Return | 0.12 % | |||
| One Year Return | 3.21 % | |||
| Three Year Return | (3.76) % | |||
| Five Year Return | 0.33 % | |||
| Last Dividend Paid | 0.49 |
About Federated Premier Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Federated Premier Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Federated Premier using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Federated Premier Municipal based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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