Amcap Fund Class Fund Fundamentals
AMCFX Fund | USD 42.55 0.06 0.14% |
Amcap Fund Class fundamentals help investors to digest information that contributes to Amcap Fund's financial success or failures. It also enables traders to predict the movement of Amcap Mutual Fund. The fundamental analysis module provides a way to measure Amcap Fund's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Amcap Fund mutual fund.
Amcap |
Amcap Price To Earning Analysis
Amcap Fund's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Amcap Fund Price To Earning | 2.88 X |
Most of Amcap Fund's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Amcap Fund Class is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition |
Amcap Fund Price To Earning Component Assessment
Based on the latest financial disclosure, Amcap Fund Class has a Price To Earning of 2.88 times. This is 36.56% lower than that of the American Funds family and 73.91% lower than that of the Large Growth category. The price to earning for all United States funds is 55.9% higher than that of the company.
Amcap Fund Class Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Amcap Fund's current stock value. Our valuation model uses many indicators to compare Amcap Fund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Amcap Fund competition to find correlations between indicators driving Amcap Fund's intrinsic value. More Info.Amcap Fund Class is rated below average in net asset among similar funds. It is the top fund in minimum initial investment among similar funds . The ratio of Net Asset to Minimum Initial Investment for Amcap Fund Class is about 274,255,806 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Amcap Fund by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Amcap Fund'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 Amcap Fund's earnings, one of the primary drivers of an investment's value.Amcap Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Amcap Fund's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Amcap Fund could also be used in its relative valuation, which is a method of valuing Amcap Fund by comparing valuation metrics of similar companies.Amcap Fund is currently under evaluation in five year return among similar funds.
Fund Asset Allocation for Amcap Fund
The fund consists of 96.78% investments in stocks, with the rest of investments allocated between different money market instruments and various exotic instruments.Asset allocation divides Amcap Fund's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Amcap Fundamentals
Price To Earning | 2.88 X | ||||
Price To Book | 3.52 X | ||||
Price To Sales | 1.80 X | ||||
Total Asset | 88.42 B | ||||
Annual Yield | 0.01 % | ||||
Year To Date Return | 8.88 % | ||||
One Year Return | 35.90 % | ||||
Three Year Return | 6.76 % | ||||
Five Year Return | 11.60 % | ||||
Ten Year Return | 13.23 % | ||||
Net Asset | 68.56 B | ||||
Minimum Initial Investment | 250 | ||||
Cash Position Weight | 3.16 % | ||||
Equity Positions Weight | 96.78 % |
About Amcap Fund Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Amcap Fund Class's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amcap Fund using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amcap Fund Class based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund invests primarily in common stocks of U.S. companies that have solid long-term growth records and the potential for good future growth. The basic investment philosophy of the investment adviser is to seek to invest in attractively valued companies that, in its opinion, represent good, long-term investment opportunities.
Pair Trading with Amcap Fund
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amcap Fund position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amcap Fund will appreciate offsetting losses from the drop in the long position's value.Moving together with Amcap Mutual Fund
0.8 | REJTX | American Funds 2015 | PairCorr |
0.93 | AMFCX | American Mutual Fund | PairCorr |
0.93 | AMFFX | American Mutual Fund | PairCorr |
0.84 | RNCCX | American Funds Income | PairCorr |
Moving against Amcap Mutual Fund
0.64 | RGVAX | Us Government Securities | PairCorr |
0.61 | RGVEX | Us Government Securities | PairCorr |
0.58 | USGFX | Us Government Securities | PairCorr |
0.45 | FIBLX | American Funds Inflation | PairCorr |
The ability to find closely correlated positions to Amcap Fund could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amcap Fund when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amcap Fund - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amcap Fund Class to buy it.
The correlation of Amcap Fund is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amcap Fund moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amcap Fund Class moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Amcap Fund can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Amcap Fund Piotroski F Score and Amcap Fund Altman Z Score analysis. Note that the Amcap Fund Class information on this page should be used as a complementary analysis to other Amcap Fund's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Amcap Mutual Fund analysis
When running Amcap Fund's price analysis, check to measure Amcap Fund's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Amcap Fund is operating at the current time. Most of Amcap Fund's value examination focuses on studying past and present price action to predict the probability of Amcap Fund's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amcap Fund's price. Additionally, you may evaluate how the addition of Amcap Fund to your portfolios can decrease your overall portfolio volatility.
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