What is the primary function of FMHS?

The primary function of FMHS, or Fair Market Health Statistics, is to compute historical fair market curve spreads. This involves analyzing historical data to assess how various securities or asset classes have performed over time relative to one another. By calculating these spreads, FMHS provides valuable insights into market trends, valuation shifts, and investment opportunities based on past performance.

This focus on historical data is significant for investors and analysts who aim to understand the dynamics of the market and make informed decisions based on the historical context of asset pricing and movements. Accessing information on fair market curve spreads allows users to identify patterns that can inform future investment strategies and risk management approaches.

Other options, such as calculating future yield curves or displaying current market securities, represent different functions that may overlap in the realm of financial analysis but do not accurately reflect the primary purpose of FMHS. Insights into sector performances, while valuable, do not directly pertain to the core function of computing historical spreads.