First Money Market Fund Probability of Future Money Market Fund Price Finishing Under 1.01

FGXXX
 Fund
  

USD 3.68  0.01  0.27%   

First American's future price is the expected price of First American instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of First American Funds performance during a given time horizon utilizing its historical volatility.
  
Please check First American Backtesting, Portfolio Optimization, First American Correlation, First American Hype Analysis, First American Volatility, First American History as well as First American Performance. Please specify First American time horizon, a valid symbol (red box) and a target price (blue box) you would like First American odds to be computed.

First American Target Price Odds to finish below 1.01

The tendency of First Money Market Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to drop to $ 1.01  or more in 90 days
 3.68 90 days 1.01 
about 6.12
Based on a normal probability distribution, the odds of First American to drop to $ 1.01  or more in 90 days from now is about 6.12 (This First American Funds probability density function shows the probability of First Money Market Fund to fall within a particular range of prices over 90 days) . Probability of First American Funds price to stay between $ 1.01  and its current price of $3.68 at the end of the 90-day period is about 85.15 .
Assuming the 90 days horizon First American Funds has a beta of -0.84. This usually indicates as returns on benchmark increase, returns on holding First American are expected to decrease at a much lower rate. During the bear market, however, First American Funds is likely to outperform the market. In addition to that The company has an alpha of 11.7614, implying that it can generate a 11.76 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   First American Price Density   
       Price  

Predictive Modules for First American

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as First American Funds. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of First American'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. Please use the tools below to analyze the current value of First American in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.051.00101.00
Details
Intrinsic
Valuation
LowReal ValueHigh
0.050.98100.98
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as First American. Your research has to be compared to or analyzed against First American's peers to derive any actionable benefits. When done correctly, First American's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in First American Funds.

First American Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. First American is not an exception. The market had few large corrections towards the First American's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold First American Funds, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of First American within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
11.76
β
Beta against NYSE Composite-0.84
σ
Overall volatility
0.92
Ir
Information ratio 0.19

First American Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of First American for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for First American Funds can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
First American Funds is way too risky over 90 days horizon
First American Funds appears to be risky and price may revert if volatility continues
On 1st of November 2022 First American paid $ 0.0024 per share dividend to its current shareholders
The fund retains all of the assets under management (AUM) in different types of exotic instruments

First American Technical Analysis

First American's future price can be derived by breaking down and analyzing its technical indicators over time. First Money Market Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of First American Funds. In general, you should focus on analyzing First Money Market Fund price patterns and their correlations with different microeconomic environments and drivers.

First American Predictive Forecast Models

First American time-series forecasting models is one of many First American's money market fund analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary First American's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the money market fund market movement and maximize returns from investment trading.

Things to note about First American Funds

Checking the ongoing alerts about First American for important developments is a great way to find new opportunities for your next move. Our stock 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 is way too risky over 90 days horizon
First American Funds appears to be risky and price may revert if volatility continues
On 1st of November 2022 First American paid $ 0.0024 per share dividend to its current shareholders
The fund retains all of the assets under management (AUM) in different types of exotic instruments
Please check First American Backtesting, Portfolio Optimization, First American Correlation, First American Hype Analysis, First American Volatility, First American History as well as First American Performance. You can also try Transaction History module to view history of all your transactions and understand their impact on performance.

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When running First American Funds price analysis, check to measure First American's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First American is operating at the current time. Most of First American's value examination focuses on studying past and present price action to predict the probability of First American's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move First American's price. Additionally, you may evaluate how the addition of First American to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between First American's value and its price as these two are different measures arrived at by different means. Investors typically determine First American value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First American'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.