Income Fund Risk Analysis And Volatility

AMECX -- USA Fund  

USD 23.51  0.13  0.56%

We consider Income Fund very steady. Income Fund holds Efficiency (Sharpe) Ratio of 0.1038 which attests that the entity had 0.1038% of return per unit of risk over the last 3 months. Our philosophy towards determining 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 Income Fund which you can use to evaluate future volatility of the entity. Please check out Income Fund Market Risk Adjusted Performance of 0.0685, Risk Adjusted Performance of 0.0513 and Downside Deviation of 0.618 to validate if risk estimate we provide are consistent with the epected return of 0.0519%.

90 Days Market Risk

Very steady

Chance of Distress in 24 months

Very Small

90 Days Economic Sensitivity

Follows market closely
Horizon     30 Days    Login   to change

Income Fund Market Sensitivity

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.
3 Months Beta |Analyze Income Fund Demand Trend
Check current 30 days Income Fund correlation with market (DOW)
β = 0.5763

Income Fund Central Daily Price Deviation

Income Fund Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Income Fund 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.

Income Fund Projected Return Density Against Market

Assuming 30 trading days horizon, Income Fund has beta of 0.5763 . This suggests as returns on market go up, Income Fund average returns are expected to increase less than the benchmark. However during bear market, the loss on holding The Income Fund Of America Cla will be expected to be much smaller as well. Moreover, The company has an alpha of 0.0029 implying that it can potentially generate 0.0029% 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 Income Fund is 962.99. The daily returns are destributed with a variance of 0.25 and standard deviation of 0.5. The mean deviation of The Income Fund Of America Cla is currently at 0.33. For similar time horizon, the selected benchmark (DOW) has volatility of 0.61
α
Alpha over DOW
=0.0029
β
Beta against DOW=0.58
σ
Overall volatility
=0.50
Ir
Information ratio =0.04

Income Fund Return Volatility

the fund shows 0.4999% volatility of returns over 30 trading days. the entity inherits 0.6116% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Income Fund Investment Opportunity

DOW has a standard deviation of returns of 0.61 and is 1.22 times more volatile than The Income Fund Of America Cla. of all equities and portfolios are less risky than Income Fund. Compared to the overall equity markets, volatility of historical daily returns of The Income Fund Of America Cla is lower than 4 () of all global equities and portfolios over the last 30 days. Use The Income Fund Of America Cla to enhance returns of your portfolios. The fund experiences moderate upward volatility. Check odds of Income Fund to be traded at $25.86 in 30 days. . 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.

Income Fund correlation with market

correlation synergy
Poor diversification
Overlapping area represents the amount of risk that can be diversified away by holding The Income Fund Of America Cla and equity matching DJI index in the same portfolio.

Income Fund Current Risk Indicators

Income Fund Suggested Diversification Pairs

Check also Trending Equities. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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