First American Funds Fund Price on May 29, 2020
| FEIXX Fund | USD 1.00 0.00 0.00% |
Below is the normalized historical share price chart for First American Funds extending back to July 27, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of First American stands at 1.00, as last reported on the 6th of May, with the highest price reaching 1.00 and the lowest price hitting 1.00 during the day.
If you're considering investing in First Money Market Fund, it is important to understand the factors that can impact its price. We consider First American not too volatile. First American Funds secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the fund had a 0.13% return per unit of risk over the last 3 months. We have found sixteen technical indicators for First American Funds, which you can use to evaluate the volatility of the entity. Please confirm First American's Standard Deviation of 0.1243, mean deviation of 0.0301, and Variance of 0.0155 to check if the risk estimate we provide is consistent with the expected return of 0.016%.
First Money Market Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
First |
Sharpe Ratio = 0.126
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| Negative Returns | FEIXX |
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.
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.
About First American Money Market Fund history
First American investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for First is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in First American Funds will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing First American stock prices may prove useful in developing a viable investing in First American
First American Money Market Fund Technical Analysis
First American technical money market fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
First American Period Price Range
First American May 6, 2024 Market Strength
Market strength indicators help investors to evaluate how First American money market fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First American shares will generate the highest return on investment. By undertsting and applying First American money market fund market strength indicators, traders can identify First American Funds entry and exit signals to maximize returns
First American Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First American's price direction in advance. Along with the technical and fundamental analysis of First Money Market Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of First to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0369 | |||
| Jensen Alpha | 0.0047 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | 0.5766 |
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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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.