The fund shows Beta (market volatility) of 0.57 which signifies that as returns on market increase, American returns are expected to increase less than the market. However during bear market, the loss on holding American will be expected to be smaller as well. 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.
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Investment horizon:
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30 Days
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Relative Risk vs. Return Landscape
If you would invest
1,305 in American Century Legacy Foc Lg Cap Inv on
May 20, 2013 and sell it today you would
lose (27.00) from holding American Century Legacy Foc Lg Cap Inv or give up
2.07% of portfolio value over
30 days. American Century Legacy Foc Lg Cap Inv is currently producing negative expected returns and takes up 0.82% volatility of returns over 30 trading days. Put another way, 10% 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. But the company apears to be less risky and when comparing its historical volatility, the company is 1.02 times less risky than the market. the firm trades about -0.13 of its potential returns per unit of risk. The S&P 500 is currently generating roughly -0.05 of returns per unit of risk over similar time horizon.
American Price to Book
Based on latest financial disclosure the price to book indicator of American Century Legacy Foc Lg Cap Inv is roughly 2.32 times. This is 42.33% higher than that of American Century Investments family, and 29.67% higher than that of
Large Blend category, The Price to Book for all funds is 129.7% 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 5.88%. This is 52.33% higher than that of American Century Investments family, and 12.78% lower than that of
Large Blend category, The Year to Date Return for all funds is 104.88% 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.
American Price to Earning vs Price to Book
American Century Legacy Foc Lg Cap Inv is rated
below average in price to earning among similar funds. It is the top fund in price to book among similar funds fabricating about
0.20 of Price to Book per Price to Earning. The ratio of Price to Earning to Price to Book for American Century Legacy Foc Lg Cap Inv is roughly
4.97