Income Growth Financials
| AMGIX Fund | USD 34.10 0.04 0.12% |
Income |
Please note that past performance is not an indicator of the future performance of Income Growth, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Income Growth Fund Summary
Income Growth competes with Dodge Cox, American Funds, American Funds, American Mutual, and Vanguard Value. In selecting stocks for the fund, the managers use quantitative and qualitative management techniques in a multi-step process. The managers evaluate stocks, primarily large capitalization, publicly traded U.S. companies based on an objective set of measures, including valuation, quality, growth, and sentiment. The portfolio managers then review the output of the quantitative model and also consider other factors to build a portfolio that they believe will provide a balance between risk and return.Specialization | Large Value, Large Value |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US02507M5013 |
| Business Address | AMERICAN CENTURY QUANTITATIVE |
| Mutual Fund Family | American Century Investments |
| Mutual Fund Category | Large Value |
| Benchmark | NYSE Composite |
| Phone | 800 345 2021 |
| Currency | USD - US Dollar |
You should never invest in Income Growth Fund without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Income Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Income Growth's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Income Growth Key Financial Ratios
Generally speaking, Income Growth's financial ratios allow both analysts and investors to convert raw data from Income Growth's financial statements into concise, actionable information that can be used to evaluate the performance of Income Growth over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Income Growth reports annually and quarterly.Income Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Income Growth's current stock value. Our valuation model uses many indicators to compare Income Growth value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Income Growth competition to find correlations between indicators driving Income Growth's intrinsic value. More Info.Income Growth Fund is second largest fund in price to earning among similar funds. It is second largest fund in price to book among similar funds fabricating about 0.16 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Income Growth Fund is roughly 6.43 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Income Growth by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Income Growth's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Income Growth's earnings, one of the primary drivers of an investment's value.Income Growth Systematic Risk
Income Growth's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Income Growth volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Income Growth correlated with the market. If Beta is less than 0 Income Growth generally moves in the opposite direction as compared to the market. If Income Growth Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Income Growth is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Income Growth is generally in the same direction as the market. If Beta > 1 Income Growth moves generally in the same direction as, but more than the movement of the benchmark.
Income Growth April 18, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Income Growth help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Income Growth Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Income Growth Fund based on widely used predictive technical indicators. In general, we focus on analyzing Income Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Income Growth's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6577 | |||
| Information Ratio | 0.0135 | |||
| Maximum Drawdown | 2.91 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 1.12 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Income Growth Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.