Citizensselect Funds Fund Market Value
| CEIXX Fund | 1.00 0.00 0.00% |
| Symbol | Citizensselect |
Citizensselect Funds '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 Citizensselect Funds' 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 Citizensselect Funds.
| 06/28/2024 |
| 12/25/2024 |
If you would invest 0.00 in Citizensselect Funds on June 28, 2024 and sell it all today you would earn a total of 0.00 from holding Citizensselect Funds or generate 0.0% return on investment in Citizensselect Funds over 180 days. Citizensselect Funds is related to or competes with Guidemark Large, Dodge Cox, Jhancock Disciplined, Dunham Large, Transamerica Large, Lord Abbett, and Qs Large. Citizensselect Funds is entity of United States More
Citizensselect Funds 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 Citizensselect Funds' 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 Citizensselect Funds upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 1.01 |
Citizensselect Funds Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Citizensselect Funds' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Citizensselect Funds' standard deviation. In reality, there are many statistical measures that can use Citizensselect Funds historical prices to predict the future Citizensselect Funds' volatility.| Risk Adjusted Performance | 0.0441 | |||
| Jensen Alpha | 0.0061 | |||
| Total Risk Alpha | (0.000097) | |||
| Treynor Ratio | (0.23) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Citizensselect Funds' 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.
Citizensselect Funds Backtested Returns
At this stage we consider Citizensselect Money Market Fund to be not too volatile. Citizensselect Funds 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 seventeen technical indicators for Citizensselect Funds , which you can use to evaluate the volatility of the entity. Please confirm Citizensselect Funds' Risk Adjusted Performance of 0.0441, 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 0.0155%. The fund shows a Beta (market volatility) of -0.0229, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Citizensselect Funds are expected to decrease at a much lower rate. During the bear market, Citizensselect Funds is likely to outperform the market.
Auto-correlation | 0.40 |
Average predictability
Citizensselect Funds has average predictability. Overlapping area represents the amount of predictability between Citizensselect Funds time series from 28th of June 2024 to 26th of September 2024 and 26th of September 2024 to 25th 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 Citizensselect Funds price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Citizensselect Funds price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Citizensselect Funds lagged returns against current returns
Autocorrelation, which is Citizensselect Funds 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 Citizensselect Funds' money market fund expected returns. We can calculate the autocorrelation of Citizensselect Funds returns to help us make a trade decision. For example, suppose you find that Citizensselect Funds 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 |
Citizensselect Funds 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 Citizensselect Funds money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Citizensselect Funds 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 Citizensselect Funds money market fund over time.
Current vs Lagged Prices |
| Timeline |
Citizensselect Funds Lagged Returns
When evaluating Citizensselect Funds' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Citizensselect Funds money market fund have on its future price. Citizensselect Funds 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, Citizensselect Funds autocorrelation shows the relationship between Citizensselect Funds money market fund current value and its past values and can show if there is a momentum factor associated with investing in Citizensselect Funds .
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 Citizensselect Money Market Fund
Citizensselect Funds financial ratios help investors to determine whether Citizensselect 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 Citizensselect with respect to the benefits of owning Citizensselect Funds security.
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| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |