OTCPK:FNMADiversified Financial
Assessing Fannie Mae (OTCPK:FNMA) After Recent Price Weakness And Strong Valuation Signals
If you are wondering whether Federal National Mortgage Association is attractively priced or already fully valued, you are not alone. This article is meant to help you make sense of the numbers.
The stock recently closed at US$7.40, with a 7 day return of 5% decline, a 30 day return of 16.6% decline, a year to date return of 32.7% decline, a 1 year return of 18.6%, and a very large 3 year return and more than 3x over 5 years.
Recent price moves sit against an ongoing backdrop of investor...