Cref Money Market Fund Market Value
| QCMMIX Fund | USD 29.71 0.01 0.03% |
| Symbol | Cref |
Please note, there is a significant difference between Cref Money's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cref Money is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cref Money'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.
Cref Money '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 Cref Money's 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 Cref Money.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Cref Money on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Cref Money Market or generate 0.0% return on investment in Cref Money over 30 days. Cref Money is related to or competes with Mesirow Financial, Transamerica Financial, Vanguard Financials, and 1919 Financial. Cref Money is entity of United States. It is traded as Fund on NASDAQ exchange. More
Cref Money 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 Cref Money's 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 Cref Money Market upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (5.63) | |||
| Maximum Drawdown | 0.0681 | |||
| Potential Upside | 0.034 |
Cref Money Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cref Money's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cref Money's standard deviation. In reality, there are many statistical measures that can use Cref Money historical prices to predict the future Cref Money's volatility.| Risk Adjusted Performance | 0.3523 | |||
| Jensen Alpha | 0.0087 | |||
| Total Risk Alpha | 0.0056 | |||
| Treynor Ratio | (4.24) |
Cref Money Market Backtested Returns
At this stage we consider Cref Fund to be very steady. Cref Money Market secures Sharpe Ratio (or Efficiency) of 0.98, which signifies that the fund had a 0.98% return per unit of standard deviation over the last 3 months. We have found twenty technical indicators for Cref Money Market, which you can use to evaluate the volatility of the entity. Please confirm Cref Money's risk adjusted performance of 0.3523, and Mean Deviation of 0.0179 to double-check if the risk estimate we provide is consistent with the expected return of 0.0177%. The fund shows a Beta (market volatility) of -0.002, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Cref Money are expected to decrease at a much lower rate. During the bear market, Cref Money is likely to outperform the market.
Auto-correlation | 0.97 |
Excellent predictability
Cref Money Market has excellent predictability. Overlapping area represents the amount of predictability between Cref Money time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Cref Money Market price movement. The serial correlation of 0.97 indicates that 97.0% of current Cref Money price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.97 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cref Money Market lagged returns against current returns
Autocorrelation, which is Cref Money 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 Cref Money's fund expected returns. We can calculate the autocorrelation of Cref Money returns to help us make a trade decision. For example, suppose you find that Cref Money has exhibited high autocorrelation historically, and you observe that the 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 |
Cref Money 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 Cref Money fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cref Money fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cref Money fund over time.
Current vs Lagged Prices |
| Timeline |
Cref Money Lagged Returns
When evaluating Cref Money's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cref Money fund have on its future price. Cref Money 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, Cref Money autocorrelation shows the relationship between Cref Money fund current value and its past values and can show if there is a momentum factor associated with investing in Cref Money Market.
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 Cref Fund
Cref Money financial ratios help investors to determine whether Cref 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 Cref with respect to the benefits of owning Cref Money security.
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