Income Fund Manager Performance Evaluation

AMECX -- USA Fund  

USD 23.35  0.10  0.43%

The fund retains Market Volatility (i.e. Beta) of 0.583 which attests that as returns on market increase, Income Fund returns are expected to increase less than the market. However during bear market, the loss on holding Income Fund will be expected to be smaller as well. Although it is extremely important to respect Income Fund current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining 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 evaluating Income Fund technical indicators you can presently evaluate if the expected return of 0.0698% will be sustainable into the future.
88

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in The Income Fund Of America Cla are ranked lower than 8 (%) of all funds and portfolios of funds over the last 30 days. Inspite fairly strong basic indicators, Income Fund is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
Fifty Two Week Low19.96
Fifty Two Week High23.26
Annual Report Expense Ratio0.58%
Horizon     30 Days    Login   to change

Income Fund Relative Risk vs. Return Landscape

If you would invest  2,235  in The Income Fund Of America Cla on October 19, 2019 and sell it today you would earn a total of  100.00  from holding The Income Fund Of America Cla or generate 4.47% return on investment over 30 days. The Income Fund Of America Cla is currently producing 0.0698% returns and takes up 0.5287% volatility of returns over 30 trading days. Put another way, 4% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Income Fund is expected to generate 1.7 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.35 times less risky than the market. It trades about 0.13 of its potential returns per unit of risk. The DOW is currently generating roughly 0.17 of returns per unit of risk over similar time horizon.

Income Fund Current Valuation

Undervalued
November 18, 2019
23.35
Market Value
25.57
Real Value
27.16
Upside
Income Fund is very steady asset. Income Fund retains regular Real Value of $25.57 per share. The prevalent price of the fund is $23.35. At this time the entity appears to be undervalued. We determine the value of Income Fund from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage to acquire undervalued assets and to sell overvalued assets since at some point stocks prices and their ongoing real values will come together.

Income Fund Market Risk Analysis

Sharpe Ratio = 0.132
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Income Fund Relative Performance Indicators

Estimated Market Risk
 0.53
  actual daily
 
 4 %
of total potential
 
44
Expected Return
 0.07
  actual daily
 
 1 %
of total potential
 
11
Risk-Adjusted Return
 0.13
  actual daily
 
 8 %
of total potential
 
88
Based on monthly moving average Income Fund is performing at about 8% 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 Income Fund by adding it to a well-diversified portfolio.

Income Fund Alerts

Equity Alerts and Improvement Suggestions

The fund holds about 8.07% of its assets under management (AUM) in cash
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