The fund shows Beta (market volatility) of 0.85 which signifies that American returns are very sensitive to returns on the market. as market goes up or down, American is expected to follow. Even though it is essential to pay attention to
American Funds Washi historical returns, it is always good to be careful when utilizing equity current trading patterns. Macroaxis philosophy in foreseeing future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available
technical indicators. American Funds Washington Mutual R6 exposes twenty-one different technical indicators which can help you to evaluate its performance.
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Investment horizon:
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30 Days
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Relative Risk vs. Return Landscape
If you would invest
3,661 in American Funds Washington Mutual R6 on
May 19, 2013 and sell it today you would
lose (66.00) from holding American Funds Washington Mutual R6 or give up
1.8% of portfolio value over
30 days. American Funds Washington Mutual R6 is currently producing negative expected returns and takes up 0.8% volatility of returns over 30 trading days. Put another way, 9% of traded equities are less volatile than the company and 99% 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 0.95 times more return on investment than the market. However, the company is 1.05 times less risky than the market. It trades about -0.09 of its potential returns per unit of risk. The S&P 500 is currently generating roughly -0.1 per unit of risk.
American Price to Book
Based on latest financial disclosure the price to book indicator of American Funds Washington Mutual R6 is roughly 2.35 times. This is 65.49% higher than that of American Funds family, and 2.84% higher than that of
Large Value category, The Price to Book for all funds is 132.67% 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 5.96%. This is 87.42% higher than that of American Funds family, and 5.02% lower than that of
Large Value category, The Year to Date Return for all funds is 104.81% 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.
American Price to Earning vs Price to Book
American Funds Washington Mutual R6 is rated
below average in price to earning among similar funds. It is rated
below average in price to book among similar funds fabricating about
0.18 of Price to Book per Price to Earning. The ratio of Price to Earning to Price to Book for American Funds Washington Mutual R6 is roughly
5.54