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Federal National Mortgage Association Fannie Mae (Federal National Mortgage Association Fannie Mae) 6-Month Price Index : 1.77 (As of May. 06, 2024)


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What is Federal National Mortgage Association Fannie Mae 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 (2024-05-06), Federal National Mortgage Association Fannie Mae's 6-Month Price Index is 1.77.

Competitive Comparison of Federal National Mortgage Association Fannie Mae's 6-Month Price Index

For the Mortgage Finance subindustry, Federal National Mortgage Association Fannie Mae'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.

Federal National Mortgage Association Fannie Mae  (OTCPK:FNMAT.PFD) 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.

Federal National Mortgage Association Fannie Mae  (OTCPK:FNMAT.PFD) 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.

Federal National Mortgage Association Fannie Mae 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Federal National Mortgage Association Fannie Mae's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Federal National Mortgage Association Fannie Mae (Federal National Mortgage Association Fannie Mae) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Federal National Mortgage Association Fannie Mae (OTCPK:FNMAT.PFD) » Definitions » 6-Month Price Index
Comparable Companies
RKT ECPG FMCC GHLD UWMC VEL LDI GHI BETR WD COOP PFSI NSE:LICHSGFIN NSE:PNBHOUSING BOM:543335 LSE:OSB LSE:PAG TSX:FN BOM:541988 BOM:535789
Traded in Other Exchanges
FNMFN.PFD:USA FNMFM.PFD:USA FNMAS.PFD:USA FNMAP.PFD:USA FNMAO.PFD:USA FNMAN.PFD:USA FNMAM.PFD:USA FNMAL.PFD:USA FNMAK.PFD:USA FNMAJ.PFD:USA FNMAI.PFD:USA FNMAH.PFD:USA FNMAG.PFD:USA FNMA:USA FNM:Germany
Address
1100 15th Street, NW, Midtown Center, Washington, DC, USA, 20005
Website
https://www.fanniemae.com
Federal National Mortgage Association Fannie Mae is a source of financing for mortgages in the United States. The company has two segments. The Single-Family business operates in the secondary mortgage market relating to single-family mortgage loans, which are secured by properties containing four or fewer residential dwelling units. The Multifamily business operates in the secondary mortgage market relating mainly to multifamily mortgage loans, which are secured by properties containing five or more residential units. The majority of the revenue is derived from the Single-Family segment.