Cash Account Trust Fund Market Value
| DCMXX Fund | USD 1.00 0.00 0.00% |
| Symbol | Cash |
Please note, there is a significant difference between Cash Account's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cash Account is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cash Account'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.
Cash Account '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 Cash Account'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 Cash Account.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Cash Account on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Cash Account Trust or generate 0.0% return on investment in Cash Account over 30 days. Cash Account is related to or competes with Short Oil, Hennessy, Jennison Natural, Firsthand Alternative, Goehring Rozencwajg, and Fidelity Advisor. Cash Account is entity of United States. It is traded as Fund on NMFQS exchange. More
Cash Account 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 Cash Account'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 Cash Account Trust upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 1.01 |
Cash Account Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cash Account's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cash Account's standard deviation. In reality, there are many statistical measures that can use Cash Account historical prices to predict the future Cash Account's volatility.| Risk Adjusted Performance | 0.0438 | |||
| Jensen Alpha | 0.0051 | |||
| Total Risk Alpha | 0.0018 | |||
| Treynor Ratio | 0.7267 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cash Account'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.
Cash Account Trust Backtested Returns
At this stage we consider Cash Money Market Fund to be not too volatile. Cash Account Trust secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the fund had a 0.12% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Cash Account Trust, which you can use to evaluate the volatility of the entity. Please confirm Cash Account's Risk Adjusted Performance of 0.0438, mean deviation of 0.0301, and Standard Deviation of 0.1243 to double-check if the risk estimate we provide is consistent with the expected return of 0.0153%. The fund shows a Beta (market volatility) of 0.0073, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cash Account's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cash Account is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
Cash Account Trust has no correlation between past and present. Overlapping area represents the amount of predictability between Cash Account time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 Cash Account Trust price movement. The serial correlation of 0.0 indicates that just 0.0% of current Cash Account price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cash Account Trust lagged returns against current returns
Autocorrelation, which is Cash Account 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 Cash Account's money market fund expected returns. We can calculate the autocorrelation of Cash Account returns to help us make a trade decision. For example, suppose you find that Cash Account 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 |
Cash Account 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 Cash Account money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cash Account 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 Cash Account money market fund over time.
Current vs Lagged Prices |
| Timeline |
Cash Account Lagged Returns
When evaluating Cash Account's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cash Account money market fund have on its future price. Cash Account 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, Cash Account autocorrelation shows the relationship between Cash Account money market fund current value and its past values and can show if there is a momentum factor associated with investing in Cash Account Trust.
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 Cash Money Market Fund
Cash Account financial ratios help investors to determine whether Cash 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 Cash with respect to the benefits of owning Cash Account security.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Stocks Directory Find actively traded stocks across global markets |