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FIGIX Federated Hermes Short-Interm Govt Svc Forecast, Technical & Fundamental Analysis

The investment seeks current income... Show more

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A.I.Advisor
published Highlights

Industry description

The investment seeks current income. The fund buys and sells portfolio securities based primarily on the Adviser's market outlook and analysis of how securities may perform under different market conditions. It may also use derivative contracts and/or hybrid instruments to implement elements of its strategies, particularly to manage duration and hedge against potential losses. The fund may also invest in government securities that are supported by the full faith and credit of the U.S. government.
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A.I. Advisor
published General Information

General Information

Category ShortGovernment

Profile
Details
Category
Short Government
Address
Federated Hermes Short-Intermediate Government Trust5800 Corporate DrivePittsburgh
Phone
N/A
Web
www.federatedinvestors.com
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FIGIX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, FIGIX has been closely correlated with VSGDX. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if FIGIX jumps, then VSGDX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FIGIX
1D Price
Change %
FIGIX100%
-0.10%
VSGDX - FIGIX
89%
Closely correlated
-0.10%
EASDX - FIGIX
87%
Closely correlated
-0.14%
SDGFX - FIGIX
86%
Closely correlated
-0.10%
VFIRX - FIGIX
86%
Closely correlated
-0.10%
VFISX - FIGIX
86%
Closely correlated
-0.10%
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