American Century Risk Analysis And Volatility

AMDVX -- USA Fund  

USD 16.72  0.12  0.72%

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%.

90 Days Market Risk

Not too volatile

Chance of Distress in 24 months

Very low

90 Days Economic Sensitivity

Almost mirrors market
Horizon     30 Days    Login   to change

American Century Market Sensitivity

American Century returns are very sensitive to returns on the market. As market goes up or down, American Century is expected to follow.
3 Months Beta |Analyze American Century Mid Demand Trend
Check current 30 days American Century correlation with market (DOW)
β = 1.0105

American Century Central Daily Price Deviation

American Century Mid Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. American Century Mid Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

American Century Projected Return Density Against Market

Assuming 30 trading days horizon, the fund has beta coefficient of 1.0105 . This suggests American Century Mid Cap Value market returns are sensitive to returns on the market. As the market goes up or down, American Century is expected to follow. Moreover, The company has an alpha of 0.0124 implying that it can potentially generate 0.0124% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of American Century is 732.72. The daily returns are destributed with a variance of 0.92 and standard deviation of 0.96. The mean deviation of American Century Mid Cap Value is currently at 0.63. For similar time horizon, the selected benchmark (DOW) has volatility of 0.72
α
Alpha over DOW
=0.0124
β
Beta against DOW=1.01
σ
Overall volatility
=0.96
Ir
Information ratio =0.0142

American Century Return Volatility

the fund shows 0.9597% volatility of returns over 30 trading days. the entity inherits 0.7184% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

American Century Investment Opportunity

American Century Mid Cap Value has a volatility of 0.96 and is 1.33 times more volatile than DOW. of all equities and portfolios are less risky than American Century. Compared to the overall equity markets, volatility of historical daily returns of American Century Mid Cap Value is lower than 8 () of all global equities and portfolios over the last 30 days. Use American Century Mid Cap Value to enhance returns of your portfolios. The fund experiences moderate upward volatility. Check odds of American Century to be traded at $18.39 in 30 days. . American Century returns are very sensitive to returns on the market. As market goes up or down, American Century is expected to follow.

American Century correlation with market

correlation synergy
Poor diversification
Overlapping area represents the amount of risk that can be diversified away by holding American Century Mid Cap Value and equity matching DJI index in the same portfolio.

American Century Current Risk Indicators

American Century Suggested Diversification Pairs

Check also Trending Equities. Please also try Idea Breakdown module to analyze constituents of all macroaxis ideas. macroaxis investment ideas are predefined, sector-focused investing themes.
Search macroaxis.com