The fund shows Beta (market volatility) of 0.95 which signifies that American returns are very sensitive to returns on the market. as market goes up or down, American is expected to follow.. Although it is extremely important to respect American Funds Growth
historical returns, it is beter to be realistic about what you can do with the information about equity current trading patterns. The philosophy in foreseeing future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By analyzing American Funds Growth technical indicators
you can presently evaluate if the expected return of 0.14% will be sustainable into the future.
Relative Risk vs. Return Landscape
If you would invest 4,325
in American Funds Growth Fund of Amer A on November 9, 2013
and sell it today you would earn a total of 129.00
from holding American Funds Growth Fund of Amer A or generate 2.98%
return on investment over 30
days. American Funds Growth Fund of Amer A is currently producing 0.14% returns and takes up 0.48% volatility of returns over 30 trading days. Put another way, 5% of traded equities are less volatile than the company and 96% 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 1.04 times more return on investment than the market. However, the company is 1.04 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 0.22 per unit of risk.
Manager Realized Returns
The manager was an investment professional for 35 years in total. Drasdo was with American Funds Growth Fund of Amer A for 29 years.. . The fund invests primarily in common stocks and seeks to invest in companies that appear to offer superior opportunities for growth of capital
American Price to Book
Based on latest financial disclosure the price to book indicator of American Funds Growth Fund of Amer A is roughly 2.76 times. This is 80.39% higher than that of American Funds family, and about the same as Large Growth
(which currently averages 2.71604167) category, The Price to Book for all funds is 193.62% 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 26.96%. This is 147.57% higher than that of American Funds family, and 4.71% lower than that of Large Growth
category, The Year to Date Return for all funds is 420.46% 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.