The fund shows Beta (market volatility) of 1.05 which signifies that American returns are very sensitive to returns on the market. as market goes up or down, American is expected to follow.. Even though it is essential to pay attention to American Century Legacy
historical returns, it is always good to be careful when utilizing equity current trading patterns. Macroaxis philosophy in foreseeing future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. American Century Legacy Foc Lg Cap Inv exposes twenty-one different technical indicators which can help you to evaluate its performance.
Relative Risk vs. Return Landscape
If you would invest 1,467
in American Century Legacy Foc Lg Cap Inv on November 12, 2013
and sell it today you would lose (22.00)
from holding American Century Legacy Foc Lg Cap Inv or give up 1.5%
of portfolio value over 30
days. American Century Legacy Foc Lg Cap Inv is currently producing negative expected returns and takes up 0.58% volatility of returns over 30 trading days. Put another way, 6% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
Daily Expected Return (%)
Assuming 30 trading days horizon, American Century Legacy Foc Lg Cap Inv is expected to under-perform the market. In addition to that, the company is 1.12 times more volatile than its market benchmark. It trades about -0.03 of its total potential returns per unit of risk. The S&P 500 is currently generating roughly 0.08 per unit of volatility.
Manager Realized Returns
The manager joined American Century Investments in 1992 became an investment analyst in 2002 and became a portfolio manager in 2009. He holds a bachelors degree in economics from Truman State University and an MBA in international business from Avila University.. . The fund invests at least 80% of assets in stocks of large capitalization companies as defined by Morningstar
American Price to Book
Based on latest financial disclosure the price to book indicator of American Century Legacy Foc Lg Cap Inv is roughly 2.07 times. This is 35.29% higher than that of American Century Investments family, and 31.08% higher than that of Large Blend
category, The Price to Book for all funds is 120.21% lower than the firm.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
American Year to Date Return
American Century Legacy Foc Lg Cap Inv has Year to Date Return of 29.93%. This is 192.29% higher than that of American Century Investments family, and 56.79% higher than that of Large Blend
category, The Year to Date Return for all funds is 463.65% lower than the firm.
Year-To-Date typically refers to a period starting from the beginning of the current year, and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.