First American Funds Fund Quote

FGXXX Fund  USD 1.00  0.00  0.00%   

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First American is trading at 1.0 as of the 28th of March 2024; that is No Change since the beginning of the trading day. The fund's open price was 1.0. First American has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for First American Funds are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.

First Money Market Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. First American's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding First American or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Update Date31st of March 2024
First American Funds [FGXXX] is traded in USA and was established 28th of March 2024. The fund is not classified under any group at this time.
Check First American Probability Of Bankruptcy

First American Target Price Odds Analysis

Based on a normal probability distribution, the odds of First American jumping above the current price in 90 days from now is about 92.04%. The First American Funds probability density function shows the probability of First American money market fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon First American Funds has a beta of -0.1607. 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. Additionally, first American Funds has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 1.0HorizonTargetOdds Above 1.0
7.93%90 days
 1.00 
92.04%
Based on a normal probability distribution, the odds of First American to move above the current price in 90 days from now is about 92.04 (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) .

First American Top Holders

CRAIXCommunity Reinvestment ActMutual FundIntermediate Core Bond
RYBIXBasic Materials FundMutual FundNatural Resources
HJPSXHennessy Japan SmallMutual FundJapan Stock
JMIGXJacob Micro CapMutual FundSmall Growth
KAGIXKensington Dynamic GrowthMutual FundTactical Allocation
KAGCXKensington Dynamic GrowthMutual FundTactical Allocation
HSPCXEmerald Growth FundMutual FundSmall Growth
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First American Funds Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. First American market risk premium is the additional return an investor will receive from holding First American long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First American. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although First American's alpha and beta are two of the key measurements used to evaluate First American's performance over the market, the standard measures of volatility play an important role as well.

First American Funds Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. First American Funds Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe First American price patterns.

First American Against Markets

Picking the right benchmark for First American money market fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in First American money market fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for First American is critical whether you are bullish or bearish towards First American Funds at a given time. Please also check how First American's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in First American without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy First Money Market Fund?

Before investing in First American, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in First American. To buy First American fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of First American. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase First American fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located First American Funds fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased First American Funds fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as First American Funds, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in First American Funds?

The danger of trading First American Funds is mainly related to its market volatility and Money Market Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of First American is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than First American. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First American Funds is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First American Funds. Also, note that the market value of any money market fund could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy First Money Market Fund please use our How to Invest in First American guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running First American's 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 the 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 if First American is a good investment 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.