American Funds 2040 Fund Price on November 24, 2021
If you're considering investing in American Mutual Fund, it is important to understand the factors that can impact its price. We consider American Funds very steady. American Funds 2040 secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the fund had a 0.21% return per unit of standard deviation over the last 3 months. We have found twenty-one technical indicators for American Funds 2040, which you can use to evaluate the volatility of the entity. Please confirm American Funds' mean deviation of 0.4424, and Risk Adjusted Performance of 0.114 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%.
American Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
American |
Sharpe Ratio = 0.205
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Estimated Market Risk
0.56 actual daily | 4 96% of assets are more volatile |
Expected Return
0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.21 actual daily | 15 85% of assets perform better |
Based on monthly moving average American Funds is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of American Funds by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
MSFT | Microsoft | |
GOOG | Alphabet Class C | |
S | SentinelOne |
Price Boundaries
American Funds Period Price Range
American Funds March 28, 2024 Market Strength
Market strength indicators help investors to evaluate how American Funds mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading American Funds shares will generate the highest return on investment. By undertsting and applying American Funds mutual fund market strength indicators, traders can identify American Funds 2040 entry and exit signals to maximize returns
American Funds Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for American Funds' price direction in advance. Along with the technical and fundamental analysis of American Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of American to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.114 | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | 0.1202 |
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Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios. 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for American Mutual Fund analysis
When running American Funds' price analysis, check to measure American Funds' 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 Funds is operating at the current time. Most of American Funds' value examination focuses on studying past and present price action to predict the probability of American Funds' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Funds' price. Additionally, you may evaluate how the addition of American Funds to your portfolios can decrease your overall portfolio volatility.
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