The output start index for this execution was six with a total number of output elements of fifty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Income Fund volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
Income Fund Trend Analysis
Use this graph to draw trend lines for The Income Fund Of America Cla. You can use it to identify possible trend reversals for Income Fund as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Income Fund price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Income Fund Best Fit Change Line
The following chart estimates an ordinary least squares regression model for The Income Fund Of America Cla applied against its price change over selected period. The best fit line has a slop of 0.004928 which means The Income Fund Of America Cla will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.92, which is the sum of squared deviations for the predicted Income Fund price change compared to its average price change.
Based on recorded statements The Income Fund Of America Cla has One Year Return of -0.16%. This is 125.81% lower than that of the American Funds family, and significantly lower than that of Allocation--70% to 85% Equity category, The One Year Return for all funds is 103.86% higher than the company.
Income Fund Comparables
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Income Fund October 21, 2019 Daily Price Condition