American Funds 2040 Fund Price on November 26, 2021

FCGTX Fund  USD 19.83  0.12  0.61%   
If you're considering investing in American Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of American Funds stands at 19.83, as last reported on the 29th of March, with the highest price reaching 19.83 and the lowest price hitting 19.83 during the day. We consider American Funds very steady. American Funds 2040 secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the fund had a 0.23% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for American Funds 2040, which you can use to evaluate the volatility of the entity. Please confirm American Funds' mean deviation of 0.4315, and Risk Adjusted Performance of 0.1275 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
  
American Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2295

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Estimated Market Risk

 0.55
  actual daily
4
96% of assets are more volatile

Expected Return

 0.13
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.23
  actual daily
17
83% of assets perform better
Based on monthly moving average American Funds is performing at about 17% 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.

American Funds Valuation on November 26, 2021

It is possible to determine the worth of American Funds on a given historical date. On November 26, 2021 American was worth 18.26 at the beginning of the trading date compared to the closed value of 16.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of American Funds mutual fund. Still, in general, we apply an absolute valuation method to find American Funds' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of American Funds where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against American Funds' related companies.
 Open High Low Close Volume
03/15/2022
  18.26    18.26    16.63    16.63    1.00  
  18.69    18.69    17.02    17.02    1.00  
Backtest American Funds  |  American Funds History  |  American Funds Valuation Next  
Open Value
18.26
16.63
Closing Value
19.92
Upside

American Funds Trading Date Momentum on November 26, 2021

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

American Funds 2040 Fundamentals Correlations and Trends

By evaluating American Funds' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among American Funds' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. American financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About American Funds Mutual Fund history

American Funds investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for American is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in American Funds 2040 will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing American Funds stock prices may prove useful in developing a viable investing in American Funds
The fund normally invests a greater portion of its assets in fixed income, equity-income and balanced funds as it approaches and passes its target date. American Funds is traded on NASDAQ Exchange in the United States.

American Funds Mutual Fund Technical Analysis

American Funds technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of American Funds technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of American Funds trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

American Funds Period Price Range

Low
March 15, 2022
-1.63  -8.93%
High

 18.26 

     

 16.63 

American Funds March 29, 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.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in American Funds 2040. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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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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Please note, there is a significant difference between American Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine if American Funds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Funds' 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.