First American Funds Fund Price on November 21, 2024
| FGZXX Fund | USD 1.00 0.00 0.00% |
Below is the normalized historical share price chart for First American Funds extending back to December 08, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of First American stands at 1.00, as last reported on the 27th of November, with the highest price reaching 1.00 and the lowest price hitting 1.00 during the day.
If you're considering investing in First Money Market Fund, it is important to understand the factors that can impact its price. At this stage we consider First Money Market Fund to be not too volatile. First American Funds secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the fund had a 0.13% return per unit of risk over the last 3 months. We have found sixteen technical indicators for First American Funds, which you can use to evaluate the volatility of the entity. Please confirm First American's Mean Deviation of 0.0301, standard deviation of 0.1243, and Variance of 0.0155 to check if the risk estimate we provide is consistent with the expected return of 0.016%.
First Money Market Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
First |
Sharpe Ratio = 0.126
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FGZXX |
Estimated Market Risk
| 0.13 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average First American is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of First American by adding it to a well-diversified portfolio.
First American Valuation on November 21, 2024
It is possible to determine the worth of First American on a given historical date. On November 21, 2024 First was worth 1.0 at the beginning of the trading date compared to the closed value of 1.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First American money market fund. Still, in general, we apply an absolute valuation method to find First American's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of First American where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First American's related companies.
| Open | High | Low | Close | Volume | |
| 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
11/21/2024 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Backtest First American | | | First American History | Previous | Next |
First American Trading Date Momentum on November 21, 2024
| On November 22 2024 First American Funds was traded for 1.00 at the closing time. The highest daily price throughout the period was 1.00 and the lowest price was 1.00 . There was no trading activity during the period 1.0. Lack of trading volume on 11/22/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
About First American Money Market Fund history
First American investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for First is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in First American Funds will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing First American stock prices may prove useful in developing a viable investing in First American
First American Money Market Fund Technical Analysis
First American technical money market fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
First American Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
First American Funds cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
First American November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how First American money market fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First American shares will generate the highest return on investment. By undertsting and applying First American money market fund market strength indicators, traders can identify First American Funds entry and exit signals to maximize returns
First American Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First American's price direction in advance. Along with the technical and fundamental analysis of First Money Market Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of First to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0426 | |||
| Jensen Alpha | 0.007 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (0.37) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in First Money Market Fund
First American financial ratios help investors to determine whether First Money Market Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First American security.
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |