American Century Backtesting

AMDVX -- USA Fund  

USD 16.72  0.12  0.72%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of American Century Mid Cap Value and determine expected loss or profit from investing in American Century over given investment horizon. Check also American Century Hype Analysis, American Century Correlation, Portfolio Optimization, American Century Volatility as well as analyze American Century Alpha and Beta and American Century Performance.
Horizon     30 Days    Login   to change

American Century 'What if' Analysis

August 21, 2019
No Change 0.00  0.0 
In 3 months and 1 day
November 19, 2019
If you would invest  0.00  in American Century on August 21, 2019 and sell it all today you would earn a total of 0.00 from holding American Century Mid Cap Value or generate 0.0% return on investment in American Century over 90 days. American Century is related to or competes with WF Special, WF Special, AB Trust, TIAA CREF, TIAA CREF, Principal Funds, and Principal Funds. The investment seeks long-term capital growth income is a secondary consideration

American Century Upside/Downside Indicators

Downside Deviation1.29
Information Ratio0.0142
Maximum Drawdown4.93
Value At Risk(1.11)
Potential Upside1.34

American Century Market Premium Indicators

Risk Adjusted Performance0.1062
Jensen Alpha0.0124
Total Risk Alpha(0.022868)
Sortino Ratio0.0105
Treynor Ratio0.1258

American Century Mid Backtested Returns

We consider American Century not too volatile. American Century Mid secures Sharpe Ratio (or Efficiency) of 0.1365 which signifies that the fund had 0.1365% of return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for American Century Mid Cap Value which you can use to evaluate future volatility of the entity. Please confirm American Century Mid Risk Adjusted Performance of 0.1062 and Mean Deviation of 0.6409 to double-check if risk estimate we provide are consistent with the epected return of 0.131%. The organization shows Beta (market volatility) of 1.0105 which signifies that American Century returns are very sensitive to returns on the market. as market goes up or down, American Century is expected to follow. Although it is extremely important to respect American Century Mid historical returns, it is better to be realistic regarding the information on equity current trending 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 Century Mid technical indicators you can presently evaluate if the expected return of 0.131% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.68 
correlation synergy

Good predictability

American Century Mid Cap Value has good predictability. Overlapping area represents the amount of predictability between American Century time series from August 21, 2019 to October 5, 2019 and October 5, 2019 to November 19, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of American Century Mid price movement. The serial correlation of 0.68 indicates that around 68.0% of current American Century price fluctuation can be explain by its past prices.
Correlation Coefficient0.68
Spearman Rank Test0.66
Residual Average0.0
Price Variance0.15

American Century Mid lagged returns against current returns

 Current and Lagged Values 

American Century regressed lagged prices vs. current prices

 Current vs Lagged Prices 

American Century Lagged Returns

 Regressed Prices 

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American Century Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for American Century and WF Special Mid. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Check also American Century Hype Analysis, American Century Correlation, Portfolio Optimization, American Century Volatility as well as analyze American Century Alpha and Beta and American Century Performance. Please also try ETF Directory module to find actively-traded exchange traded funds (etf) from around the world.