AMERICAN Mutual Fund Quote

RLBAX Fund  USD 29.66  0.14  0.47%   
Market Performance
10 of 100
Odds Of Distress
Less than 1
AMERICAN BALANCED is trading at 29.66 as of the 27th of January 2023; that is 0.47 percent increase since the beginning of the trading day. The fund's open price was 29.52. AMERICAN BALANCED has a very small chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for AMERICAN BALANCED FUND are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of December 2022 and ending today, the 27th of January 2023. Click here to learn more.
ISIN
US0240718702
The fund uses a balanced approach to invest in a broad range of securities, including common stocks and investment-grade bonds. American Balanced is traded on NASDAQ Exchange in the United States. More on AMERICAN BALANCED FUND

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AMERICAN BALANCED Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. AMERICAN BALANCED's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AMERICAN BALANCED or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of AMERICAN BALANCED's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
Startdate2nd of July 2014
AMERICAN BALANCED FUND [RLBAX] is traded in USA and was established 27th of January 2023. The fund is listed under Allocation--50% to 70% Equity category and is part of American Funds family. AMERICAN BALANCED FUND at this time has accumulated 204.2 B in assets with no minimum investment requirements, while the total return for the last 3 years was 6.25%.
Check AMERICAN BALANCED Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on AMERICAN Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding AMERICAN Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as AMERICAN BALANCED FUND Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top AMERICAN BALANCED FUND Mutual Fund Constituents

AMERICAN BALANCED Target Price Odds Analysis

Based on a normal probability distribution, the odds of AMERICAN BALANCED jumping above the current price in 90 days from now is about 6.01%. The AMERICAN BALANCED FUND probability density function shows the probability of AMERICAN BALANCED mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon AMERICAN BALANCED has a beta of 0.7157 indicating as returns on the market go up, AMERICAN BALANCED average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AMERICAN BALANCED FUND will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. AMERICAN BALANCED FUND is significantly underperforming NYSE Composite.
  Odds Below 29.66HorizonTargetOdds Above 29.66
93.84%90 days
 29.66 
6.01%
Based on a normal probability distribution, the odds of AMERICAN BALANCED to move above the current price in 90 days from now is about 6.01 (This AMERICAN BALANCED FUND probability density function shows the probability of AMERICAN Mutual Fund to fall within a particular range of prices over 90 days) .

AMERICAN BALANCED FUND Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. AMERICAN BALANCED market risk premium is the additional return an investor will receive from holding AMERICAN BALANCED long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in AMERICAN BALANCED. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although AMERICAN BALANCED's alpha and beta are two of the key measurements used to evaluate AMERICAN BALANCED's performance over the market, the standard measures of volatility play an important role as well.

AMERICAN BALANCED Against Markets

Picking the right benchmark for AMERICAN BALANCED mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in AMERICAN BALANCED mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for AMERICAN BALANCED is critical whether you are bullish or bearish towards AMERICAN BALANCED FUND at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in AMERICAN BALANCED without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in AMERICAN BALANCED FUND?

The danger of trading AMERICAN BALANCED FUND is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of AMERICAN BALANCED is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than AMERICAN BALANCED. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AMERICAN BALANCED FUND is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at Your Equity Center. Note that the AMERICAN BALANCED FUND information on this page should be used as a complementary analysis to other AMERICAN BALANCED'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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running AMERICAN BALANCED FUND price analysis, check to measure AMERICAN BALANCED'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 AMERICAN BALANCED is operating at the current time. Most of AMERICAN BALANCED's value examination focuses on studying past and present price action to predict the probability of AMERICAN BALANCED's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move AMERICAN BALANCED's price. Additionally, you may evaluate how the addition of AMERICAN BALANCED to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between AMERICAN BALANCED's value and its price as these two are different measures arrived at by different means. Investors typically determine AMERICAN BALANCED value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMERICAN BALANCED's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.