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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 American Funds Washington Mutu  vs   American Beacon Lg Cap Value I
 Compare Fundamentals  
Daily Returns (%)
CWMBX   AAGPX   
 
Assuming 30 trading days horizon, American is expected to generate 1.25 times less return on investment than American. But when comparing it to its historical volatility, American Funds Washington Mutual 529B is 1.18 times less risky than American. It trades about 0.56 of its potential returns per unit of risk. American Beacon Lg Cap Value Inv is currently generating about 0.59 of returns per unit of risk over similar time horizon. If you would invest  2,306  in American Beacon Lg Cap Value Inv on April 22, 2013 and sell it today you would earn a total of  90.00  from holding American Beacon Lg Cap Value Inv or generate 3.9% return on investment over 30 days.

Diversification

Poor diversification
Overlapping area represents amount of risk that can be diversified away by holding American Funds Washington Mutu and American Beacon Lg Cap Value I in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.7
Parameters
Time Period1 Month [change]
DirectionPositive AAGPX Moved Up vs CWMBX
StrengthSignificant
Accuracy68.18%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
CWMBX   AAGPX   

American Funds Washington Mutual 529B

 
    
American
Performance
30
Out Of
100
Over 30
Days
70% of all equities and portfolios perform better than American Funds Washington Mutual 529B. Compared with the overall equity markets, risk-adjusted returns on investments in American Funds Washington Mutual 529B are ranked lower than 30 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for American

American Funds Washington Mutual R2 vs. American Funds Washington Mutual 529B
American Funds Washington Mutual R3 vs. American Funds Washington Mutual 529B
American Funds Washington Mutual R5 vs. American Funds Washington Mutual 529B
American Funds Washington Mutual 529E vs. American Funds Washington Mutual 529B
American Funds Washington Mutual F1 vs. American Funds Washington Mutual 529B
American Funds Washington Mutual C vs. American Funds Washington Mutual 529B
American Funds Washington Mutual 529F vs. American Funds Washington Mutual 529B
American Funds Washington Mutual A vs. American Funds Washington Mutual 529B
American Funds Washington Mutual R4 vs. American Funds Washington Mutual 529B
  

American Beacon Lg Cap Value Inv

 
    
American
Performance
32
Out Of
100
Over 30
Days
68% of all equities and portfolios perform better than American Beacon Lg Cap Value Inv. Compared with the overall equity markets, risk-adjusted returns on investments in American Beacon Lg Cap Value Inv are ranked lower than 32 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for American

American Funds Washington Mutual R2 vs. American Beacon Lg Cap Value Inv
American Funds Washington Mutual R3 vs. American Beacon Lg Cap Value Inv
American Funds Washington Mutual R5 vs. American Beacon Lg Cap Value Inv
American Funds Washington Mutual 529E vs. American Beacon Lg Cap Value Inv
American Funds Washington Mutual F1 vs. American Beacon Lg Cap Value Inv
American Funds Washington Mutual C vs. American Beacon Lg Cap Value Inv
American Funds Washington Mutual 529F vs. American Beacon Lg Cap Value Inv
American Funds Washington Mutual 529B vs. American Beacon Lg Cap Value Inv
American Funds Washington Mutual A vs. American Beacon Lg Cap Value Inv
American Funds Washington Mutual R4 vs. American Beacon Lg Cap Value Inv


 
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