American Independence Kansas Fund Manager Performance Evaluation
| IKSTX Fund | USD 10.02 0.02 0.20% |
The fund shows a Beta (market volatility) of -0.0162, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning American Independence are expected to decrease at a much lower rate. During the bear market, American Independence is likely to outperform the market.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days American Independence Kansas has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, American Independence is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.7300 |
American |
American Independence Relative Risk vs. Return Landscape
If you would invest 1,009 in American Independence Kansas on January 20, 2024 and sell it today you would lose (7.00) from holding American Independence Kansas or give up 0.69% of portfolio value over 90 days. American Independence Kansas is currently producing negative expected returns and takes up 0.1529% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than American, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
American Independence Current Valuation
Fairly Valued
Today
Please note that American Independence's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. American Independence shows a prevailing Real Value of $10.04 per share. The current price of the fund is $10.02. We determine the value of American Independence from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Our valuation method for American Independence Kansas is useful when determining the fair value of the American mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of American Independence. Since American Independence is currently traded on the exchange, buyers and sellers on that exchange determine the market value of American Mutual Fund. However, American Independence's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 10.02 | Real 10.04 | Hype 10.02 |
The real value of American Mutual Fund, also known as its intrinsic value, is the underlying worth of American Independence Mutual Fund, which is reflected in its stock price. It is based on American Independence's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of American Independence's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence American Independence's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of American Independence Kansas helps investors to forecast how American mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of American Independence more accurately as focusing exclusively on American Independence's fundamentals will not take into account other important factors: American Independence Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Independence's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as American Independence Kansas, and traders can use it to determine the average amount a American Independence's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0727
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | IKSTX |
Estimated Market Risk
| 0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average American Independence is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of American Independence by adding American Independence to a well-diversified portfolio.
American Independence Fundamentals Growth
American Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of American Independence, and American Independence fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on American Mutual Fund performance.
| Total Asset | 185.58 M | ||||
About American Independence Performance
To evaluate American Independence Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when American Independence generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare American Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand American Independence market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents American's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund seeks to preserve capital while producing current income for the investor that is exempt from both federal and Kansas state income taxes by investing in bonds issued by Kansas municipalities. It will invest in municipal bonds with maturities ranging up to 20 years and which are rated, at time of purchase, investment grade. The fund is non-diversified.Things to note about American Independence performance evaluation
Checking the ongoing alerts about American Independence for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for American Independence help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| American Independence generated a negative expected return over the last 90 days | |
| The fund generated three year return of -2.0% | |
| American Independence retains about 95.53% of its assets under management (AUM) in fixed income securities |
- Analyzing American Independence's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether American Independence's stock is overvalued or undervalued compared to its peers.
- Examining American Independence's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating American Independence's management team can have a significant impact on its success or failure. Reviewing the track record and experience of American Independence's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of American Independence's mutual fund. These opinions can provide insight into American Independence's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in American Independence Kansas. 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 estimate. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.