The fund shows Beta (market volatility) of 1.01 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 Washi
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 Washi technical indicators
you can presently evaluate if the expected return of 0.1% will be sustainable into the future.
Relative Risk vs. Return Landscape
If you would invest 3,876
in American Funds Washington Mutual R6 on November 9, 2013
and sell it today you would earn a total of 86.00
from holding American Funds Washington Mutual R6 or generate 2.22%
return on investment over 30
days. American Funds Washington Mutual R6 is currently producing 0.1% 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 97% 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 Washington Mutual R6 is expected to generate about the same return on investment as the market.However, the company is 1.04 times more volatile than its market benchmark. It trades about 0.21 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
Previously he was a senior vice president and vice chair of the investment committee at Capital Guardian Trust Company. Dunton is a Chartered Financial Analyst a former chair of the Financial Analysts Federation and present chair of the Association for Investment Management and Research.. . The fund invests primarily in common stocks of established companies that are listed on, or meet the financial listing requirements of, the New York Stock Exchange and have a strong record of earnings and dividends
American Price to Book
Based on latest financial disclosure the price to book indicator of American Funds Washington Mutual R6 is roughly 2.59 times. This is 69.28% higher than that of American Funds family, and 4.88% higher than that of Large Value
category, The Price to Book for all funds is 175.53% 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 Washington Mutual R6 has Year to Date Return of 29.3%. This is 169.05% higher than that of American Funds family, and 29.28% higher than that of Large Value
category, The Year to Date Return for all funds is 465.64% 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.