American Mutual Backtesting

AMRMX -- USA Fund  

USD 43.42  0.05  0.12%

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

American Mutual 'What if' Analysis

August 16, 2019
No Change 0.00  0.0 
In 3 months and 1 day
November 14, 2019
If you would invest  0.00  in American Mutual on August 16, 2019 and sell it all today you would earn a total of 0.00 from holding American Mutual Fund Class A Sh or generate 0.0% return on investment in American Mutual over 90 days. American Mutual is related to or competes with Vanguard Index, Vanguard Value, Dodge Cox, American Mutual, American Mutual, American Mutual, and American Mutual. The investment seeks current income, growth of capital and conservation of principal

American Mutual Upside/Downside Indicators

Downside Deviation0.9314
Information Ratio(0.033914)
Maximum Drawdown3.43
Value At Risk(1.21)
Potential Upside0.9199

American Mutual Market Premium Indicators

Risk Adjusted Performance0.0753
Jensen Alpha(0.003699)
Total Risk Alpha(0.010348)
Sortino Ratio(0.025123)
Treynor Ratio0.0728

American Mutual Fund Backtested Returns

We consider American Mutual very steady. American Mutual Fund secures Sharpe Ratio (or Efficiency) of 0.1289 which signifies that the fund had 0.1289% 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 Mutual Fund Class A Sh which you can use to evaluate future volatility of the entity. Please confirm American Mutual Fund Risk Adjusted Performance of 0.0753 and Mean Deviation of 0.474 to double-check if risk estimate we provide are consistent with the epected return of 0.0798%. The organization shows Beta (market volatility) of 0.7466 which signifies that as returns on market increase, American Mutual returns are expected to increase less than the market. However during bear market, the loss on holding American Mutual will be expected to be smaller as well. Although it is extremely important to respect American Mutual Fund 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 Mutual Fund technical indicators you can presently evaluate if the expected return of 0.0798% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.75 
correlation synergy

Good predictability

American Mutual Fund Class A Sh has good predictability. Overlapping area represents the amount of predictability between American Mutual time series from August 16, 2019 to September 30, 2019 and September 30, 2019 to November 14, 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 Mutual Fund price movement. The serial correlation of 0.75 indicates that around 75.0% of current American Mutual price fluctuation can be explain by its past prices.
Correlation Coefficient0.75
Spearman Rank Test0.66
Residual Average0.0
Price Variance0.29

American Mutual Fund lagged returns against current returns

 Current and Lagged Values 

American Mutual regressed lagged prices vs. current prices

 Current vs Lagged Prices 

American Mutual Lagged Returns

 Regressed Prices 

Current Sentiment - AMRMX

American Mutual Fund Investor Sentiment

Most of Macroaxis users are presently bullish on American Mutual Fund Class A Sh. What is your sentiment towards investing in American Mutual Fund Class A Sh? Are you bullish or bearish?
98% Bullish
2% Bearish

American Mutual Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for American Mutual and Vanguard Index Trust. 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
Run Pair Correlation  
Check also American Mutual Hype Analysis, American Mutual Correlation, Portfolio Optimization, American Mutual Volatility as well as analyze American Mutual Alpha and Beta and American Mutual Performance. Please also try Companies Directory module to evaluate performance of over 100,000 stocks, funds, and etfs against different fundamentals.