American High Income Municipal Fund Price History

AMHIX Fund  USD 15.08  0.01  0.07%   
Below is the normalized historical share price chart for American High Income Municipal extending back to October 31, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of American High-income stands at 15.08, as last reported on the 28th of March, with the highest price reaching 15.08 and the lowest price hitting 15.08 during the day.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in American Mutual Fund, it is important to understand the factors that can impact its price. We consider American High-income very steady. American High-income secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the fund had a 0.11% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for American High Income Municipal, which you can use to evaluate the volatility of the entity. Please confirm American High-income's risk adjusted performance of 0.0536, and Mean Deviation of 0.1402 to double-check if the risk estimate we provide is consistent with the expected return of 0.0232%.
  
American Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1065

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Estimated Market Risk

 0.22
  actual daily
1
99% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average American High-income 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 American High-income by adding it to a well-diversified portfolio.

American High-income Mutual Fund Price History Chart

There are several ways to analyze American High Income Municipal Fund price data. The simplest method is using a basic American candlestick price chart, which shows American High-income price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMarch 12, 202415.14
Lowest PriceJanuary 24, 202414.7

American High-income March 28, 2024 Mutual Fund Price Synopsis

Various analyses of American High-income's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell American Mutual Fund. It can be used to describe the percentage change in the price of American High-income from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of American Mutual Fund.
American High-income Price Rate Of Daily Change 1.00 

American High-income March 28, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in American High Income Municipal Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use American High-income intraday prices and daily technical indicators to check the level of noise trading in American High Income Municipal Fund and then apply it to test your longer-term investment strategies against American.

American Mutual Fund Price History Data

The price series of American High-income for the period between Fri, Dec 29, 2023 and Thu, Mar 28, 2024 has a statistical range of 0.44 with a coefficient of variation of 0.83. The prices are distributed with arithmetic mean of 14.94. The median price for the last 90 days is 14.92. The company issued dividends on 30th of April 2020.
OpenHighLowCloseVolume
03/27/2024 15.08  15.08  15.08  15.08  1.00 
03/26/2024 15.07  15.07  15.07  15.07  1.00 
03/25/2024 15.10  15.10  15.10  15.10  1.00 
03/22/2024 15.10  15.10  15.10  15.10  1.00 
03/21/2024 15.09  15.09  15.09  15.09  1.00 
03/20/2024 15.08  15.08  15.08  15.08  1.00 
03/19/2024 15.09  15.09  15.09  15.09  1.00 
03/18/2024 15.08  15.08  15.08  15.08  1.00 
03/15/2024 15.09  15.09  15.09  15.09  1.00 
03/14/2024 15.10  15.10  15.10  15.10  1.00 
03/13/2024 15.14  15.14  15.14  15.14  1.00 
03/12/2024 15.14  15.14  15.14  15.14  1.00 
03/11/2024 15.13  15.13  15.13  15.13  1.00 
03/08/2024 15.13  15.13  15.13  15.13  1.00 
03/07/2024 15.12  15.12  15.12  15.12  1.00 
03/06/2024 15.10  15.10  15.10  15.10  1.00 
03/05/2024 15.09  15.09  15.09  15.09  1.00 
03/04/2024 15.05  15.05  15.05  15.05  1.00 
03/01/2024 15.06  15.06  15.06  15.06  1.00 
02/29/2024 15.04  15.04  15.04  15.04  1.00 
02/28/2024 15.03  15.03  15.03  15.03  1.00 
02/27/2024 15.01  15.01  14.96  14.96  1.00 
02/26/2024 15.01  15.01  14.96  14.96  1.00 
02/23/2024 15.02  15.02  14.97  14.97  1.00 
02/22/2024 15.00  15.00  14.95  14.95  1.00 
02/21/2024 15.00  15.00  14.95  14.95  1.00 
02/20/2024 14.99  14.99  14.94  14.94  1.00 
02/16/2024 14.97  14.97  14.93  14.93  1.00 
02/15/2024 14.96  14.96  14.92  14.92  1.00 
02/14/2024 14.92  14.92  14.88  14.88  1.00 
02/13/2024 14.91  14.91  14.87  14.87  1.00 
02/12/2024 14.96  14.96  14.92  14.92  1.00 
02/09/2024 14.95  14.95  14.91  14.91  1.00 
02/08/2024 14.95  14.95  14.91  14.91  1.00 
02/07/2024 14.94  14.94  14.90  14.90  1.00 
02/06/2024 14.93  14.93  14.89  14.89  1.00 
02/05/2024 14.92  14.92  14.88  14.88  1.00 
02/02/2024 15.01  15.01  14.96  14.96  1.00 
02/01/2024 15.07  15.07  15.02  15.02  1.00 
01/31/2024 14.98  14.98  14.93  14.93  1.00 
01/30/2024 14.91  14.91  14.82  14.82  1.00 
01/29/2024 14.86  14.86  14.77  14.77  1.00 
01/26/2024 14.82  14.82  14.73  14.73  1.00 
01/25/2024 14.82  14.82  14.73  14.73  1.00 
01/24/2024 14.79  14.79  14.70  14.70  1.00 
01/23/2024 14.80  14.80  14.71  14.71  1.00 
01/22/2024 14.82  14.82  14.73  14.73  1.00 
01/19/2024 14.81  14.81  14.72  14.72  1.00 
01/18/2024 14.86  14.86  14.77  14.77  1.00 
01/17/2024 14.91  14.91  14.82  14.82  1.00 
01/16/2024 14.97  14.97  14.88  14.88  1.00 
01/12/2024 15.00  15.00  14.91  14.91  1.00 
01/11/2024 14.96  14.96  14.87  14.87  1.00 
01/10/2024 14.94  14.94  14.85  14.85  1.00 
01/09/2024 14.95  14.95  14.86  14.86  1.00 
01/08/2024 14.96  14.96  14.87  14.87  1.00 
01/05/2024 14.95  14.95  14.86  14.86  1.00 
01/04/2024 14.95  14.95  14.86  14.86  1.00 
01/03/2024 14.95  14.95  14.86  14.86  1.00 
01/02/2024 14.96  14.96  14.87  14.87  1.00 
12/29/2023 14.96  14.96  14.87  14.87  1.00 

About American High-income Mutual Fund history

American High-income 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 High-income 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 High-income stock prices may prove useful in developing a viable investing in American High-income
Under normal circumstances, the fund will invest at least 80 percent of its assets in, or derive at least 80 percent of its income from, securities that are exempt from regular federal income tax and may subject the investors to alternative minimum tax. It may invest, without limitation, in securities that may subject the investors to federal alternative minimum tax. The fund invests at least 50 percent of its portfolio in debt securities rated BBB or below or Baa1 or below, or unrated but determined by the funds investment adviser to be of equivalent quality.

American High-income Mutual Fund Technical Analysis

American High-income 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 High-income technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of American High-income 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...

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American High-income Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for American High-income's 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in American High Income Municipal. 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 gross domestic product.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for American Mutual Fund analysis

When running American High-income's price analysis, check to measure American High-income's 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 High-income is operating at the current time. Most of American High-income's value examination focuses on studying past and present price action to predict the probability of American High-income's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American High-income's price. Additionally, you may evaluate how the addition of American High-income to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between American High-income's value and its price as these two are different measures arrived at by different means. Investors typically determine if American High-income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American High-income's 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.