Industry description
The investment seeks to provide investment results generally corresponding to the aggregate price and dividend performance of the publicly traded common stocks that comprise the mid-level stock capitalization sector of the United States equity market.
The fund normally invests its assets primarily in common stocks included in the Standard & Poor's MidCap 400 Index. The index is a broad-based market capitalization-weighted index of common stocks representing all major industries in the mid-range of the U.S. stock market. It may invest in derivatives contracts (such as, for example, futures contracts) to implement its investment strategies.
Market Cap
The average market capitalization across the Federated Hermes Mid-Cap Index R6 MF is 18.89B. The market cap for tickers in the group ranges from 15.16B to 24.23B. VST holds the highest valuation in this group at 24.23B. The lowest valued company is RS at 15.16B.
Volume
The average weekly volume growth across all stocks in the Federated Hermes Mid-Cap Index R6 MF was 3%. For the same stocks of the MF, the average monthly volume growth was 20% and the average quarterly volume growth was -5%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 75
P/E Growth Rating: 43
Price Growth Rating: 44
SMR Rating: 24
Profit Risk Rating: 7
Seasonality Score: 0 (-100 ... +100)