Csjxx Fund Market Value
| CSJXX Fund | 4.42 0.00 0.00% |
| Symbol | Csjxx |
Please note, there is a significant difference between Csjxx's value and its price as these two are different measures arrived at by different means. Investors typically determine if Csjxx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Csjxx'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.
Csjxx 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Csjxx's money market fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Csjxx.
| 11/27/2024 |
| 12/27/2024 |
If you would invest 0.00 in Csjxx on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding Csjxx or generate 0.0% return on investment in Csjxx over 30 days. Csjxx is related to or competes with Deutsche Real, Guggenheim Risk, Nomura Real, Davis Real, Tiaa Cref, Goldman Sachs, and Real Estate. Csjxx is entity of United States. It is traded as Fund on NMFQS exchange. More
Csjxx Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Csjxx's money market fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Csjxx upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 21.4 | |||
| Information Ratio | 0.13 | |||
| Maximum Drawdown | 447.49 | |||
| Value At Risk | (0.45) |
Csjxx Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Csjxx's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Csjxx's standard deviation. In reality, there are many statistical measures that can use Csjxx historical prices to predict the future Csjxx's volatility.| Risk Adjusted Performance | 0.1138 | |||
| Jensen Alpha | 8.34 | |||
| Total Risk Alpha | 4.85 | |||
| Sortino Ratio | 0.3865 | |||
| Treynor Ratio | (16.94) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Csjxx'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.
Csjxx Backtested Returns
Csjxx is out of control given 3 months investment horizon. Csjxx secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the fund had a 0.13% return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-three different technical indicators, which can help you to evaluate if expected returns of 8.74% are justified by taking the suggested risk. Use Csjxx Downside Deviation of 21.4, risk adjusted performance of 0.1138, and Mean Deviation of 21.13 to evaluate company specific risk that cannot be diversified away. The fund shows a Beta (market volatility) of -0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Csjxx are expected to decrease at a much lower rate. During the bear market, Csjxx is likely to outperform the market.
Auto-correlation | 0.00 |
No correlation between past and present
Csjxx has no correlation between past and present. Overlapping area represents the amount of predictability between Csjxx time series from 27th of November 2024 to 12th of December 2024 and 12th of December 2024 to 27th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Csjxx price movement. The serial correlation of 0.0 indicates that just 0.0% of current Csjxx price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 2.94 |
Csjxx lagged returns against current returns
Autocorrelation, which is Csjxx money market fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Csjxx's money market fund expected returns. We can calculate the autocorrelation of Csjxx returns to help us make a trade decision. For example, suppose you find that Csjxx has exhibited high autocorrelation historically, and you observe that the money market fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Csjxx regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Csjxx money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Csjxx money market fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Csjxx money market fund over time.
Current vs Lagged Prices |
| Timeline |
Csjxx Lagged Returns
When evaluating Csjxx's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Csjxx money market fund have on its future price. Csjxx autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Csjxx autocorrelation shows the relationship between Csjxx money market fund current value and its past values and can show if there is a momentum factor associated with investing in Csjxx.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Csjxx Money Market Fund
Csjxx financial ratios help investors to determine whether Csjxx 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 Csjxx with respect to the benefits of owning Csjxx security.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |