Fabxx Fund Market Value
| FABXX Fund | 2.52 0.07 2.70% |
| Symbol | Fabxx |
Please note, there is a significant difference between Fabxx's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fabxx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fabxx's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Fabxx 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Fabxx's money market fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Fabxx.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Fabxx on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Fabxx or generate 0.0% return on investment in Fabxx over 30 days. Fabxx is related to or competes with Ab All, Aqr Equity, Aqr Long-short, Crossmark Steward, Pnc Emerging, Extended Market, and Doubleline Emerging. Fabxx is entity of United States. It is traded as Fund on NMFQS exchange. More
Fabxx Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Fabxx's money market fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Fabxx upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 21.73 | |||
| Value At Risk | (6.32) | |||
| Potential Upside | 6.22 |
Fabxx Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fabxx's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fabxx's standard deviation. In reality, there are many statistical measures that can use Fabxx historical prices to predict the future Fabxx's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | 0.3443 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fabxx's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Fabxx Backtested Returns
At this stage we consider Fabxx Money Market Fund to be dangerous. Fabxx secures Sharpe Ratio (or Efficiency) of 0.006, which denotes the fund had a 0.006% return per unit of standard deviation over the last 3 months. We have found twenty-two technical indicators for Fabxx, which you can use to evaluate the volatility of the entity. Please confirm Fabxx's Standard Deviation of 4.06, coefficient of variation of (2,946), and Mean Deviation of 2.86 to check if the risk estimate we provide is consistent with the expected return of 0.024%. The fund shows a Beta (market volatility) of -0.43, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Fabxx are expected to decrease at a much lower rate. During the bear market, Fabxx is likely to outperform the market.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
Fabxx has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Fabxx time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fabxx price movement. The serial correlation of -0.76 indicates that around 76.0% of current Fabxx price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Fabxx lagged returns against current returns
Autocorrelation, which is Fabxx money market fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Fabxx's money market fund expected returns. We can calculate the autocorrelation of Fabxx returns to help us make a trade decision. For example, suppose you find that Fabxx has exhibited high autocorrelation historically, and you observe that the money market fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Fabxx regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Fabxx money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fabxx money market fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fabxx money market fund over time.
Current vs Lagged Prices |
| Timeline |
Fabxx Lagged Returns
When evaluating Fabxx's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fabxx money market fund have on its future price. Fabxx autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Fabxx autocorrelation shows the relationship between Fabxx money market fund current value and its past values and can show if there is a momentum factor associated with investing in Fabxx.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Fabxx Money Market Fund
Fabxx financial ratios help investors to determine whether Fabxx 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 Fabxx with respect to the benefits of owning Fabxx security.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |