Dws Money Market Fund Market Value
| KMMXX Fund | USD 1.00 0.00 0.00% |
| Symbol | Dws |
Please note, there is a significant difference between Dws Money's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dws Money is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dws 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.
Dws 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 Dws 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 Dws Money.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Dws Money on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Dws Money Market or generate 0.0% return on investment in Dws Money over 540 days. Dws Money is related to or competes with Vanguard Total, Vanguard 500, Vanguard Total, Vanguard Total, Vanguard Total, Vanguard Total, and Vanguard 500. Dws Money is entity of United States. It is traded as Fund on NMFQS exchange. More
Dws 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 Dws 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 Dws Money Market upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.89) | |||
| Maximum Drawdown | 1.01 |
Dws Money Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dws Money's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dws Money's standard deviation. In reality, there are many statistical measures that can use Dws Money historical prices to predict the future Dws Money's volatility.| Risk Adjusted Performance | 0.0427 | |||
| Jensen Alpha | 0.0039 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | 0.4278 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dws 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.
Dws Money Market Backtested Returns
We have found sixteen technical indicators for Dws Money Market, which you can use to evaluate the volatility of the entity. Please confirm Dws Money'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 0.0%. The fund shows a Beta (market volatility) of 0.0124, which means not very significant fluctuations relative to the market. As returns on the market increase, Dws Money's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dws Money is expected to be smaller as well.
Auto-correlation | 0.88 |
Very good predictability
Dws Money Market has very good predictability. Overlapping area represents the amount of predictability between Dws Money time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Dws Money Market price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Dws Money price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.97 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dws Money Market lagged returns against current returns
Autocorrelation, which is Dws 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 Dws Money's money market fund expected returns. We can calculate the autocorrelation of Dws Money returns to help us make a trade decision. For example, suppose you find that Dws 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 |
Dws 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 Dws Money money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dws 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 Dws Money money market fund over time.
Current vs Lagged Prices |
| Timeline |
Dws Money Lagged Returns
When evaluating Dws Money's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dws Money money market fund have on its future price. Dws 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, Dws Money autocorrelation shows the relationship between Dws Money money market fund current value and its past values and can show if there is a momentum factor associated with investing in Dws 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 Dws Money Market Fund
Dws Money financial ratios help investors to determine whether Dws 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 Dws with respect to the benefits of owning Dws Money security.
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