General Money Market Fund Market Value
| GMBXX Fund | USD 1.00 0.00 0.00% |
| Symbol | General |
Please note, there is a significant difference between General Money's value and its price as these two are different measures arrived at by different means. Investors typically determine if General Money is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, General Money'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.
General Money '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 General Money'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 General Money.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in General Money on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding General Money Market or generate 0.0% return on investment in General Money over 30 days. General Money is related to or competes with Volumetric Fund, Rbb Fund, Eic Value, Blackrock, Omni Small-cap, and Ab Global. General Money is entity of United States More
General Money 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 General Money'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 General Money Market upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.93) | |||
| Maximum Drawdown | 1.01 |
General Money Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for General Money's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as General Money's standard deviation. In reality, there are many statistical measures that can use General Money historical prices to predict the future General Money's volatility.| Risk Adjusted Performance | 0.0427 | |||
| Jensen Alpha | 0.0056 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (2.21) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of General Money'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.
General Money Market Backtested Returns
At this stage we consider General Money Market Fund to be not too volatile. General Money Market holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found seventeen technical indicators for General Money Market, which you can use to evaluate the volatility of the entity. Please check out General Money's Standard Deviation of 0.1243, risk adjusted performance of 0.0427, and Market Risk Adjusted Performance of (2.20) to validate if the risk estimate we provide is consistent with the expected return of 0.0158%. The fund retains a Market Volatility (i.e., Beta) of -0.0024, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning General Money are expected to decrease at a much lower rate. During the bear market, General Money is likely to outperform the market.
Auto-correlation | 0.00 |
No correlation between past and present
General Money Market has no correlation between past and present. Overlapping area represents the amount of predictability between General Money time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 General Money Market price movement. The serial correlation of 0.0 indicates that just 0.0% of current General Money price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
General Money Market lagged returns against current returns
Autocorrelation, which is General Money 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 General Money's money market fund expected returns. We can calculate the autocorrelation of General Money returns to help us make a trade decision. For example, suppose you find that General Money 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 |
General Money 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 General Money money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if General Money 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 General Money money market fund over time.
Current vs Lagged Prices |
| Timeline |
General Money Lagged Returns
When evaluating General Money's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of General Money money market fund have on its future price. General Money 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, General Money autocorrelation shows the relationship between General Money money market fund current value and its past values and can show if there is a momentum factor associated with investing in General Money Market.
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 General Money Market Fund
General Money financial ratios help investors to determine whether General 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 General with respect to the benefits of owning General Money security.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |