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Federated Hermes MDT Market Neutral Etf

Federated Hermes MDT Market Neutral Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNYSE
Market Capitalization140.06 mln

Business Description

The fund uses a data-driven model to identify stocks expected to outperform the market, which it buys, while simultaneously betting against stocks expected to underperform. This approach allows the fund to potentially profit in both rising and falling markets.

Key Fundamentals

EPS3.93
P/E7.24
ROE14.55
ROIC-26.88
ROA4.20
Interest Cover29.96
EV / EBITDA36.64
EV / EBIT-0.92
EV / Revenue8.82

Quote Details

Last 28.48
Change -0.01 (-0.04%)
Open 28.53
Volume 267,811
Turnover 7,627,257
Average Volume 72,528

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week 0% 53 / 100   
1 Month 2.56% 83 / 100   
2 Months 6.23% 84 / 100   
6 Months 12.3% 84 / 100   
1 Year 16.63% 76 / 100   



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