American Funds Financial Statements From 2010 to 2024
| CCKTX Fund | USD 17.00 0.15 0.89% |
Check American Funds financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American Funds' main balance sheet or income statement drivers, such as , as well as many indicators such as . American financial statements analysis is a perfect complement when working with American Funds Valuation or Volatility modules.
American |
American Funds 2060 Mutual Fund Three Year Return Analysis
American Funds' Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current American Funds Three Year Return | 2.98 % |
Most of American Funds' fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, American Funds 2060 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
| Competition |
Based on the latest financial disclosure, American Funds 2060 has a Three Year Return of 2.9751%. This is 69.04% higher than that of the American Funds family and significantly higher than that of the Target-Date 2060+ category. The three year return for all United States funds is notably lower than that of the firm.
American Funds 2060 Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining American Funds's current stock value. Our valuation model uses many indicators to compare American Funds value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across American Funds competition to find correlations between indicators driving American Funds's intrinsic value. More Info.American Funds 2060 is the top fund in annual yield among similar funds. It also is the top fund in year to date return among similar funds creating about 1,716 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the American Funds' earnings, one of the primary drivers of an investment's value.About American Funds Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include American Funds income statement, its balance sheet, and the statement of cash flows. American Funds investors use historical funamental indicators, such as American Funds's revenue or net income, to determine how well the company is positioned to perform in the future. Although American Funds investors may use each financial statement separately, they are all related. The changes in American Funds's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on American Funds's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on American Funds Financial Statements. Understanding these patterns can help to make the right decision on long term investment in American Funds. Please read more on our technical analysis and fundamental analysis pages.
The fund normally invests a greater portion of its assets in fixed income, equity income and balanced funds as it approaches and passes its target date. The advisor attempts to achieve its investment objectives by investing in a mix of American Funds in different combinations and weightings. The underlying American Funds represent a variety of fund categories, including growth funds, growth-and-income funds, equity-income funds, balanced funds and fixed income funds. The fund categories represent differing investment objectives and strategies.
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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 American Mutual Fund
American Funds financial ratios help investors to determine whether American Mutual 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 American with respect to the benefits of owning American Funds security.
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