Amana Growth Fund Five Year Return
AMIGX Fund | USD 78.74 0.39 0.50% |
Amana Growth Fund fundamentals help investors to digest information that contributes to Amana Growth's financial success or failures. It also enables traders to predict the movement of Amana Mutual Fund. The fundamental analysis module provides a way to measure Amana Growth's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Amana Growth mutual fund.
Amana |
Amana Five Year Return Analysis
Amana Growth's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Amana Growth Five Year Return | 18.60 % |
Most of Amana Growth's fundamental indicators, such as Five Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Amana Growth Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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Amana Growth Five Year Return Component Assessment
According to the company disclosure, Amana Growth Fund has a Five Year Return of 18.5976%. This is much higher than that of the Amana family and significantly higher than that of the Large Growth category. The five year return for all United States funds is notably lower than that of the firm.
Amana Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Amana Growth's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Amana Growth could also be used in its relative valuation, which is a method of valuing Amana Growth by comparing valuation metrics of similar companies.Amana Growth is currently under evaluation in five year return among similar funds.
Fund Asset Allocation for Amana Growth
The fund consists of 95.88% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Amana Growth's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Amana Fundamentals
Price To Earning | 22.19 X | ||||
Price To Book | 4.42 X | ||||
Price To Sales | 2.47 X | ||||
Total Asset | 2.12 B | ||||
Annual Yield | 0 % | ||||
Year To Date Return | 10.46 % | ||||
One Year Return | 34.89 % | ||||
Three Year Return | 14.98 % | ||||
Five Year Return | 18.60 % | ||||
Ten Year Return | 13.26 % | ||||
Net Asset | 4.12 B | ||||
Minimum Initial Investment | 100 K | ||||
Cash Position Weight | 4.12 % | ||||
Equity Positions Weight | 95.88 % |
About Amana Growth Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Amana Growth Fund's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amana Growth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amana Growth Fund based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund normally invests at least 80 percent of total net assets in common stocks. It invests only in common stocks, including foreign stocks. Investment decisions are made in accordance with Islamic principles. The fund diversifies its investments across industries and companies, and principally follows a large-cap value investment style.
Pair Trading with Amana Growth
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amana Growth position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amana Growth will appreciate offsetting losses from the drop in the long position's value.Moving together with Amana Mutual Fund
0.88 | AMDWX | Amana Developing World | PairCorr |
0.88 | AMIDX | Amana Developing World | PairCorr |
0.97 | AMINX | Amana Income Fund | PairCorr |
The ability to find closely correlated positions to Amana Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amana Growth when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amana Growth - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amana Growth Fund to buy it.
The correlation of Amana Growth is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amana Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amana Growth Fund moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Amana Growth can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Amana Growth Piotroski F Score and Amana Growth Altman Z Score analysis. Note that the Amana Growth Fund information on this page should be used as a complementary analysis to other Amana Growth'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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Amana Mutual Fund analysis
When running Amana Growth's price analysis, check to measure Amana Growth'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 Amana Growth is operating at the current time. Most of Amana Growth's value examination focuses on studying past and present price action to predict the probability of Amana Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amana Growth's price. Additionally, you may evaluate how the addition of Amana Growth to your portfolios can decrease your overall portfolio volatility.
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