Amcap Fund Class Fund Quote
| RAFEX Fund | USD 40.17 0.60 1.47% |
Performance10 of 100
| Odds Of DistressLess than 20
|
Amcap Fund is trading at 40.17 as of the 16th of April 2024; that is -1.47 percent down since the beginning of the trading day. The fund's open price was 40.77. Amcap Fund has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat ok performance during the last 90 days. Equity ratings for Amcap Fund Class are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
The fund invests primarily in common stocks of U.S. companies that have solid long-term growth records and the potential for good future growth. The basic investment philosophy of the investment adviser is to seek to invest in attractively valued companies that, in its opinion, represent good, long-term investment opportunities.. More on Amcap Fund Class
Moving together with Amcap Mutual Fund
| 0.87 | AMECX | Income Fund | PairCorr |
| 0.97 | RNEBX | New World Fund | PairCorr |
| 0.93 | AMFCX | American Mutual | PairCorr |
| 0.93 | AMFFX | American Mutual | PairCorr |
| 0.89 | RNCCX | American Funds Me | PairCorr |
| 0.87 | AMEFX | Income Fund | PairCorr |
Amcap Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Amcap Fund's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Amcap Fund or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | American Funds, Large Growth Funds, Large Growth, American Funds, Large Growth, Large Growth (View all Sectors) |
| Update Date | 31st of March 2024 |
Amcap Fund Class [RAFEX] is traded in USA and was established 16th of April 2024. Amcap Fund is listed under American Funds category by Fama And French industry classification. The fund is listed under Large Growth category and is part of American Funds family. This fund at this time has accumulated 68.56 B in assets with no minimum investment requirementsAmcap Fund Class is currently producing year-to-date (YTD) return of 8.26% with the current yeild of 0.0%, while the total return for the last 3 years was 4.72%.
Check Amcap Fund Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Amcap Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Amcap Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Amcap Fund Class Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Amcap Fund Class Mutual Fund Constituents
| ORCL | Oracle | Stock | Information Technology |
| ACN | Accenture plc | Stock | Information Technology |
| SWKS | Skyworks Solutions | Stock | Information Technology |
| GOOG | Alphabet Inc Class C | Stock | Communication Services |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care |
| TMO | Thermo Fisher Scientific | Stock | Health Care |
| NFLX | Netflix | Stock | Communication Services |
Amcap Fund Target Price Odds Analysis
Based on a normal probability distribution, the odds of Amcap Fund jumping above the current price in 90 days from now is about 47.55%. The Amcap Fund Class probability density function shows the probability of Amcap Fund mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.1717 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Amcap Fund will likely underperform. Additionally, amcap Fund Class has an alpha of 0.0343, implying that it can generate a 0.0343 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Amcap Fund to move above the current price in 90 days from now is about 47.55 (This Amcap Fund Class probability density function shows the probability of Amcap Mutual Fund to fall within a particular range of prices over 90 days) .
Amcap Fund Class Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Amcap Fund market risk premium is the additional return an investor will receive from holding Amcap Fund long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Amcap Fund. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Amcap Fund's alpha and beta are two of the key measurements used to evaluate Amcap Fund's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6895 | |||
| Semi Deviation | 0.7072 | |||
| Standard Deviation | 0.8786 | |||
| Variance | 0.772 |
Amcap Fund Against Markets
Picking the right benchmark for Amcap Fund mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Amcap Fund mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Amcap Fund is critical whether you are bullish or bearish towards Amcap Fund Class at a given time. Please also check how Amcap Fund's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Amcap Fund without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Amcap Mutual Fund?
Before investing in Amcap Fund, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Amcap Fund. To buy Amcap Fund fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Amcap Fund. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Amcap Fund fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Amcap Fund Class fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Amcap Fund Class fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Amcap Fund Class, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Amcap Fund Class?
The danger of trading Amcap Fund Class is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Amcap Fund is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Amcap Fund. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Amcap Fund Class is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Amcap Fund Class. 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 income. Note that the Amcap Fund Class information on this page should be used as a complementary analysis to other Amcap Fund'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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.