American High Financials
| CITFX Fund | USD 9.39 0.01 0.11% |
American |
Please note that past performance is not an indicator of the future performance of American High, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
American High Fund Summary
American High competes with Income Fund, New World, American Mutual, American Mutual, and American Funds. The fund invests primarily in higher yielding and generally lower quality debt securities , including corporate loan obligations. It may also invest a portion of its assets in securities of issuers domiciled outside the United States.Specialization | High Yield Bond, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | American High Income |
| Mutual Fund Family | American Funds |
| Mutual Fund Category | High Yield Bond |
| Benchmark | NYSE Composite |
| Phone | 800 421 4225 |
| Currency | USD - US Dollar |
You should never invest in American High Income without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of American Mutual Fund, because this is throwing your money away. Analyzing the key information contained in American High's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
American High Key Financial Ratios
Generally speaking, American High's financial ratios allow both analysts and investors to convert raw data from American High's financial statements into concise, actionable information that can be used to evaluate the performance of American High over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that American High Me reports annually and quarterly.American Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining American High's current stock value. Our valuation model uses many indicators to compare American High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across American High competition to find correlations between indicators driving American High's intrinsic value. More Info.American High Income is the top fund in annual yield among similar funds. It is the top fund in year to date return among similar funds creating about 16.55 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value American High by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for American High's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the American High's earnings, one of the primary drivers of an investment's value.American High Me Systematic Risk
American High's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. American High volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on American High Me correlated with the market. If Beta is less than 0 American High generally moves in the opposite direction as compared to the market. If American High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one American High Me is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of American High is generally in the same direction as the market. If Beta > 1 American High moves generally in the same direction as, but more than the movement of the benchmark.
American High April 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of American High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of American High Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of American High Income based on widely used predictive technical indicators. In general, we focus on analyzing American Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build American High's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.2811 | |||
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 1.16 | |||
| Value At Risk | (0.32) | |||
| Potential Upside | 0.3209 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American High Income. 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 census. Note that the American High Me information on this page should be used as a complementary analysis to other American High's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.