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Federated Hermes (Federated Hermes) 6-Month Price Index : 1.08 (As of Apr. 29, 2024)


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What is Federated Hermes 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-04-29), Federated Hermes's 6-Month Price Index is 1.08.

Competitive Comparison of Federated Hermes's 6-Month Price Index

For the Asset Management subindustry, Federated Hermes's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Federated Hermes  (NYSE:FHI) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Federated Hermes  (NYSE:FHI) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Federated Hermes 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Federated Hermes's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Federated Hermes (Federated Hermes) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Federated Hermes Inc (NYSE:FHI) » Definitions » 6-Month Price Index
Comparable Companies
APAM NAD CSQ AMK GBDC NVG EXG HTGC STEP BDVC BLK BX KKR OSTO:INVE A APO TSX:BN BK AMP LSE:III XSWX:PGHN
Traded in Other Exchanges
3KC:Germany
Address
1001 Liberty Avenue, Pittsburgh, PA, USA, 15222-3779
Website
https://www.federatedhermes.com
Federated provides asset management services for institutional and individual investors. The company had $715.2 billion in managed assets at the end of September 2023, composed of equity (11%), multi-asset (less than 1%), fixed-income (13%), alternative (3%), and money market (73%) funds. That said, the firm's cash-management operations are expected to generate around 46% of Federated's revenue this year, compared with 31%, 12%, and 11%, respectively, for the firm's equity, fixed-income, and alternatives/multi-asset operations. From a channel perspective, the company's products are distributed via trust banks, wealth managers and retail broker/dealers (63% of AUM), institutional investors (27%), and international clients (10%).
Executives
Saker Anwar Nusseibeh officer: CEO, Hermes Fund Managers Ltd. HERMES INVESTMENT MANAGEMENT, 150 CHEAPSIDE, 6TH FLOOR, LONDON X0 EC2V6ET
John B Fisher director, officer: Pres Inst Sales Div. FSC 1001 LIBERTY AVENUE, FEDERATED INVESTORS TOWER, PITTSBURGH PA 15222-3779
Dolores D Dudiak officer: Vice President 1001 LIBERTY AVENUE, 19TH FLOOR, PITTSBURGH PA 15222
Gordon J Ceresino officer: Exec. Director, Int'l Dist. FEDERATED MDT ADVISER, 125 HIGH STREET, OLIVER STREET TOWER, 21ST FLOOR, BOSTON MA 02110
Richard A Novak officer: Principal Accounting Officer FEDERATED INVESTORS INC., FEDERATED INVESTORS TOWER, PITTSBURGH PA 15222-3779
Paul A Uhlman officer: Vice President 1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
Peter J Germain officer: EVP, Chief Legal Officer & GC C/O FEDERATED INVESTORS, 1001 LIBERTY AVE, PITTSBURGH PA 15222
Meter Stephen Van officer: VP, Chief Compliance Officer FEDERATED INVESTORS TOWER, 1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
J Christopher Donahue director, officer: President and CEO 5800 CORPORATE DRIVE, PITTSBURGH PA 15237-7000
Michael J Farrell director 1001 LIBERTY AVENUE, FEDERATED INVESTORS TOWER, PITTSBURGH PA 15222-3779
Thomas R Donahue director, officer: VP, CFO, Treasurer 5800 CORPORATE DRIVE, PITTSBURGH PA 15237-7000
Marie Milie Jones director FEDERATED INVESTORS TOWER, 1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
Eugene F Maloney director, officer: Vice President FEDERATED INVESTORS TOWER, 1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
Joseph C Bartolacci director
Thomas E Territ officer: Vice President FEDERATED INVESTORS, INC., FEDERATED INVESTORS TOWER, PITTSBURGH PA 15222-3779