American Independence Kansas Fund Fundamentals
| IKSTX Fund | USD 10.02 0.02 0.20% |
American Independence Kansas fundamentals help investors to digest information that contributes to American Independence's financial success or failures. It also enables traders to predict the movement of American Mutual Fund. The fundamental analysis module provides a way to measure American Independence'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 American Independence mutual fund.
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American Independence Kansas Mutual Fund One Year Return Analysis
American Independence's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current American Independence One Year Return | (0.89) % |
Most of American Independence's fundamental indicators, such as One Year Return, 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, American Independence Kansas is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, American Independence Kansas has an One Year Return of -0.8871%. This is much lower than that of the American Independence family and significantly lower than that of the Muni Single State Interm category. The one year return for all United States funds is notably higher than that of the company.
American Independence Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining American Independence's current stock value. Our valuation model uses many indicators to compare American Independence value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across American Independence competition to find correlations between indicators driving American Independence's intrinsic value. More Info.American Independence Kansas is rated below average in annual yield among similar funds. It is rated fifth overall fund in year to date return among similar funds creating about 12.52 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value American Independence by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for American Independence'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 American Independence's earnings, one of the primary drivers of an investment's value.American One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses American Independence's direct or indirect competition against its One 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 American Independence could also be used in its relative valuation, which is a method of valuing American Independence by comparing valuation metrics of similar companies.American Independence is currently under evaluation in one year return among similar funds.
Fund Asset Allocation for American Independence
The fund consists of 95.53% investments in fixed income securities, with the rest of funds allocated in cash.Asset allocation divides American Independence'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.
American Fundamentals
| Total Asset | 185.58 M | |||
| Annual Yield | 0 % | |||
| Year To Date Return | 0.04 % | |||
| One Year Return | (0.89) % | |||
| Three Year Return | (1.83) % | |||
| Five Year Return | 0.45 % | |||
| Ten Year Return | 3.07 % | |||
| Net Asset | 137.96 M | |||
| Minimum Initial Investment | 5 K | |||
| Cash Position Weight | 4.47 % | |||
| Bond Positions Weight | 95.53 % |
About American Independence Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze American Independence Kansas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of American Independence using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of American Independence Kansas 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 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards American Independence in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, American Independence's short interest history, or implied volatility extrapolated from American Independence options trading.
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Try AI Portfolio ArchitectCheck 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 Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.