First American Investment Fund Price on October 3, 2024
FSCCX Fund | USD 35.85 0.08 0.22% |
Below is the normalized historical share price chart for First American Investment extending back to August 02, 1994. 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 35.85, as last reported on the 28th of November, with the highest price reaching 35.85 and the lowest price hitting 35.85 during the day.
If you're considering investing in First Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider First Mutual Fund to be very steady. First American Investment secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for First American Investment, which you can use to evaluate the volatility of the entity. Please confirm First American's Downside Deviation of 0.8911, mean deviation of 0.9008, and Coefficient Of Variation of 798.29 to check if the risk estimate we provide is consistent with the expected return of 0.17%.
First Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
First |
Sharpe Ratio = 0.1221
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | FSCCX | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.12 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 October 3, 2024
It is possible to determine the worth of First American on a given historical date. On October 3, 2024 First was worth 31.81 at the beginning of the trading date compared to the closed value of 31.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First American mutual 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 | |
31.91 | 31.91 | 31.91 | 31.91 | 1.00 | |
10/03/2024 | 31.81 | 31.81 | 31.81 | 31.81 | 1.00 |
32.12 | 32.12 | 32.12 | 32.12 | 1.00 |
Backtest First American | | | First American History | | | First American Valuation | Previous | Next |
First American Trading Date Momentum on October 3, 2024
On October 04 2024 First American Investment was traded for 32.12 at the closing time. The highest daily price throughout the period was 32.12 and the lowest price was 32.12 . There was no trading activity during the period 1.0. Lack of trading volume on 10/04/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.97% . The overall trading delta to current closing price is 1.95% . |
First American Investment Fundamentals Correlations and Trends
By evaluating First American's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among First American's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. First financial account trend analysis is a perfect complement when working with valuation or volatility modules.About First American Mutual 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 Investment 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
Under normal market conditions, the fund invests at least 80 percent of the sum of its net assets and the amount of any borrowings for investment purposes in common stocks of small-capitalization companies. Small-capitalization companies are defined as companies that have market capitalizations within the market capitalization range of the companies in the Russell 2000 Index on the last business day of the month in which its most recent reconstitution was completed.
First American Mutual Fund Technical Analysis
First American technical mutual 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 28, 2024
| High |
0.00 | 0.00 |
First American Investment 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 28, 2024 Market Strength
Market strength indicators help investors to evaluate how First American mutual 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 mutual fund market strength indicators, traders can identify First American Investment 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 Mutual 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 | 0.1001 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | 0.0426 | |||
Treynor Ratio | 0.1051 |
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 Mutual Fund
First American financial ratios help investors to determine whether First Mutual 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.
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |