Relative Risk vs. Return Landscape
If you would invest 3,758
in American Funds Growth Fund of Amer A on April 25, 2013
and sell it today you would earn a total of 170.00
from holding American Funds Growth Fund of Amer A or generate 4.52%
return on investment over 30
days. American Funds Growth Fund of Amer A is currently producing 0.18% returns and takes up 0.63% volatility of returns over 30 trading days. Put another way, 8% of traded equities are less volatile than the company and 90% 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 Funds Growth Fund of Amer A is expected to generate about the same return on investment as the market.However, the company is 1.11 times more volatile than its market benchmark. It trades about 0.29 of its potential returns per unit of risk. The S&P 500 is currently generating roughly 0.32 per unit of risk.
American Price to Book
Based on latest financial disclosure the price to book indicator of American Funds Growth Fund of Amer A is roughly 2.62 times. This is 84.51% higher than that of American Funds family, and 5.65% higher than that of Large Growth
category, The Price to Book for all funds is 151.92% 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 Funds Growth Fund of Amer A has Year to Date Return of 8.56%. This is 169.18% higher than that of American Funds family, and 12.83% lower than that of Large Growth
category, The Year to Date Return for all funds is 182.51% 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 Funds Growth Fund of Amer A is rated below average
in price to earning among similar funds. It is rated below average
in price to book among similar funds fabricating about 0.17
of Price to Book per Price to Earning. The ratio of Price to Earning to Price to Book for American Funds Growth Fund of Amer A is roughly 5.90