First American Funds Fund Manager Performance Evaluation
| FGZXX Fund | USD 1.00 0.00 0.00% |
The fund shows a Beta (market volatility) of -0.0143, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning First American are expected to decrease at a much lower rate. During the bear market, First American is likely to outperform the market.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in First American Funds are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, First American is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreFirst |
First American Relative Risk vs. Return Landscape
If you would invest 99.00 in First American Funds on August 28, 2024 and sell it today you would earn a total of 1.00 from holding First American Funds or generate 1.01% return on investment over 90 days. First American Funds is currently producing 0.016% returns and takes up 0.1273% volatility of returns over 90 trading days. Put another way, 1% of traded money market funds are less volatile than First, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
First American Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for First American's investment risk. Standard deviation is the most common way to measure market volatility of money market funds, such as First American Funds, and traders can use it to determine the average amount a First American's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.126
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FGZXX |
Estimated Market Risk
| 0.13 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.13 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 Fundamentals Growth
First Money Market Fund prices reflect investors' perceptions of the future prospects and financial health of First American, and First American fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on First Money Market Fund performance.
| Total Asset | 30.59 B | |||
About First American Performance
Evaluating First American's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if First American has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if First American has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
First American is entity of United States. It is traded as Fund on NMFQS exchange.Things to note about First American Funds performance evaluation
Checking the ongoing alerts about First American for important developments is a great way to find new opportunities for your next move. Money Market Fund alerts and notifications screener for First American Funds help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| First American Funds has some characteristics of a very speculative penny stock | |
| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
- Analyzing First American's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether First American's stock is overvalued or undervalued compared to its peers.
- Examining First American's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating First American's management team can have a significant impact on its success or failure. Reviewing the track record and experience of First American's management team can help you assess the Money Market Fund's leadership.
- Pay attention to analyst opinions and ratings of First American's money market fund. These opinions can provide insight into First American's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in First Money Market Fund
First American financial ratios help investors to determine whether First 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 First with respect to the benefits of owning First American security.
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |