First Money Market Fund Buy Hold or Sell Recommendation

FGXXX
 Fund
  

USD 1.96  0.96  96.00%   

Assuming the 90 days horizon and your highly speculative risk level, our recommendation regarding First American Government is 'Strong Buy'. Macroaxis provides First American buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding FGXXX positions. The advice algorithm takes into account all of First American's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from First American's buy-and-hold perspective. Please check First American Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as First and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards First American Government.

Execute First American Buy or Sell Advice

The First recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on First American Government. Macroaxis does not own or have any residual interests in First American Government or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute First American's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell First AmericanBuy First American
Strong Buy

Volatility

Abnormally volatileDetails

Hype Condition

StaleDetails

Current Valuation

UndervaluedDetails

Odds of Distress

Close to AverageDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon First American Government has a Risk Adjusted Performance of 0.2191, Jensen Alpha of 1.49, Total Risk Alpha of 0.9921 and Treynor Ratio of 6.64
We provide trade advice to complement the prevailing expert consensus on First American Government. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the fund's potential to grow using all technical and fundamental data available at the time.

First American Trading Alerts and Improvement Suggestions

First American is way too risky over 90 days horizon
First American may become a speculative penny stock
First American appears to be risky and price may revert if volatility continues
On 1st of August 2022 First American paid $ 0.0012 per share dividend to its current shareholders

First American Returns Distribution Density

The distribution of First American's historical returns is an attempt to chart the future uncertainty of First American's future price movements. The chart of the probability distribution of First American stock daily returns describes the distribution of returns around its average expected value. We use First American Government price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of First American returns is essential to provide solid investment advice for First American stock.
Mean Return1.52Value At Risk0.00
Potential Upside10.71Standard Deviation9.02
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of First American historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

First American Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to First American or First American Government sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that First American stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a First stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
1.49
β
Beta against DOW0.23
σ
Overall volatility
9.13
Ir
Information ratio 0.16

First American Volatility Alert

First American Government is displaying above-average volatility over the selected time horizon. Investors should scrutinize First American Government independently to ensure intended market timing strategies are aligned with expectations about First American volatility. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure First American's money market fund risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact First American's money market fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

First American Implied Volatility

First American's implied volatility" href="/stock-options/FGXXX/First-American-Government">First American's implied volatility exposes the market's sentiment of First American Government stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if First American's implied volatility" href="/stock-options/FGXXX/First-American-Government">First American's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that First American stock will not fluctuate a lot when First American's options" href="/stock-options/FGXXX/First-American-Government">First American's options are near their expiration.

About First American Buy or Sell Advice

When is the right time to buy or sell First American Government? Buying financial instruments such as First Money Market Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although First American investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having First American in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Computers Thematic Idea Now

Computers
Computers Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Computers theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Computers Theme or any other thematic opportunities.
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Please check First American Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the First American Government information on this page should be used as a complementary analysis to other First American's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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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.