Usaa Mutual Funds Fund Market Value
| UATXX Fund | USD 1.00 0.00 0.00% |
| Symbol | Usaa |
Usaa Mutual '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 Usaa Mutual'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 Usaa Mutual.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Usaa Mutual on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Usaa Mutual Funds or generate 0.0% return on investment in Usaa Mutual over 30 days. Usaa Mutual is related to or competes with Vanguard Total, Vanguard 500, Vanguard Total, Vanguard Total, Vanguard Total, Vanguard Total, and Vanguard 500. Usaa Mutual is entity of United States. It is traded as Fund on NMFQS exchange. More
Usaa Mutual 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 Usaa Mutual'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 Usaa Mutual Funds upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.91) | |||
| Maximum Drawdown | 1.01 |
Usaa Mutual Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Usaa Mutual's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Usaa Mutual's standard deviation. In reality, there are many statistical measures that can use Usaa Mutual historical prices to predict the future Usaa Mutual's volatility.| Risk Adjusted Performance | 0.0426 | |||
| Jensen Alpha | 0.007 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (0.37) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Usaa Mutual'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.
Usaa Mutual Funds Backtested Returns
At this stage we consider Usaa Money Market Fund to be not too volatile. Usaa Mutual Funds owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the fund had a 0.13% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Usaa Mutual Funds, which you can use to evaluate the volatility of the fund. Please validate Usaa Mutual's Risk Adjusted Performance of 0.0426, variance of 0.0155, and Coefficient Of Variation of 812.4 to confirm if the risk estimate we provide is consistent with the expected return of 0.016%. The entity has a beta of -0.0143, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Usaa Mutual are expected to decrease at a much lower rate. During the bear market, Usaa Mutual is likely to outperform the market.
Auto-correlation | 0.00 |
No correlation between past and present
Usaa Mutual Funds has no correlation between past and present. Overlapping area represents the amount of predictability between Usaa Mutual 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 Usaa Mutual Funds price movement. The serial correlation of 0.0 indicates that just 0.0% of current Usaa Mutual 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 |
Usaa Mutual Funds lagged returns against current returns
Autocorrelation, which is Usaa Mutual 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 Usaa Mutual's money market fund expected returns. We can calculate the autocorrelation of Usaa Mutual returns to help us make a trade decision. For example, suppose you find that Usaa Mutual 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 |
Usaa Mutual 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 Usaa Mutual money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Usaa Mutual 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 Usaa Mutual money market fund over time.
Current vs Lagged Prices |
| Timeline |
Usaa Mutual Lagged Returns
When evaluating Usaa Mutual's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Usaa Mutual money market fund have on its future price. Usaa Mutual 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, Usaa Mutual autocorrelation shows the relationship between Usaa Mutual money market fund current value and its past values and can show if there is a momentum factor associated with investing in Usaa Mutual Funds.
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 Usaa Money Market Fund
Usaa Mutual financial ratios help investors to determine whether Usaa 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 Usaa with respect to the benefits of owning Usaa Mutual security.
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