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FDERX Federated Hermes Equity Income R Forecast, Technical & Fundamental Analysis

Category LargeValue
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Walmart (NYSE:WMT), Exxon Mobil Corp (NYSE:XOM), Unitedhealth Group (NYSE:UNH), Wells Fargo & Co (NYSE:WFC), GE Aerospace (NYSE:GE), Goldman Sachs Group (NYSE:GS), Boeing Company (NYSE:BA).

Industry description

The investment seeks above average income and capital appreciation. The fund invests primarily in income-producing equity securities. Its holdings ordinarily will be in mid-capitalization (or "mid-cap") to large-capitalization (or "large- cap") domestic companies, although the fund may invest across all market capitalizations. The fund may also invest, to a lesser extent, in securities of foreign issuers, and may invest in real estate investment trusts and securities of other investment companies. It will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in income-producing equity investments.

Market Cap

The average market capitalization across the Federated Hermes Equity Income R MF is 238.77B. The market cap for tickers in the group ranges from 6.2B to 677.22B. WMT holds the highest valuation in this group at 677.22B. The lowest valued company is QRVO at 6.2B.

Volume

The average weekly volume growth across all stocks in the Federated Hermes Equity Income R MF was 15%. For the same stocks of the MF, the average monthly volume growth was 43% and the average quarterly volume growth was 3%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 70
P/E Growth Rating: 28
Price Growth Rating: 36
SMR Rating: 48
Profit Risk Rating: 34
Seasonality Score: 17 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category LargeValue

Profile
Fundamentals
Details
Category
Large Value
Address
Federated Hermes Equity Income Fund, Inc4000 Ericsson DriveWarrendale
Phone
N/A
Web
www.federatedinvestors.com
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FDERX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, FDERX has been closely correlated with DOXGX. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if FDERX jumps, then DOXGX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FDERX
1D Price
Change %
FDERX100%
-0.58%
DOXGX - FDERX
92%
Closely correlated
-0.70%
RMFEX - FDERX
91%
Closely correlated
-0.86%
RMFCX - FDERX
91%
Closely correlated
-0.85%
RMEBX - FDERX
91%
Closely correlated
-0.88%
VVIAX - FDERX
87%
Closely correlated
-0.39%
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