Strategic Allocation Moderate Fund Fundamentals
| ASMDX Fund | USD 6.15 0.01 0.16% |
Strategic Allocation Moderate fundamentals help investors to digest information that contributes to Strategic Allocation's financial success or failures. It also enables traders to predict the movement of Strategic Mutual Fund. The fundamental analysis module provides a way to measure Strategic Allocation'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 Strategic Allocation mutual fund.
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Strategic Allocation Moderate Mutual Fund Year To Date Return Analysis
Strategic Allocation's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Strategic Allocation Year To Date Return | 2.56 % |
Most of Strategic Allocation's fundamental indicators, such as Year To Date 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, Strategic Allocation Moderate is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
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In accordance with the company's disclosures, Strategic Allocation Moderate has a Year To Date Return of 2.5625%. This is 271.38% higher than that of the American Century Investments family and significantly higher than that of the Allocation--50% to 70% Equity category. The year to date return for all United States funds is notably lower than that of the firm.
Strategic Allocation Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Strategic Allocation's current stock value. Our valuation model uses many indicators to compare Strategic Allocation value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Strategic Allocation competition to find correlations between indicators driving Strategic Allocation's intrinsic value. More Info.Strategic Allocation Moderate is the top fund in price to earning among similar funds. It is the top fund in price to book among similar funds fabricating about 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Strategic Allocation Moderate is roughly 7.68 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Strategic Allocation by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Strategic Allocation'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 Strategic Allocation's earnings, one of the primary drivers of an investment's value.Did you try this?
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Fund Asset Allocation for Strategic Allocation
The fund invests 57.27% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (7.97%) , cash (8.28%) and various exotic instruments.Asset allocation divides Strategic Allocation'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.
Strategic Fundamentals
| Price To Earning | 18.28 X | |||
| Price To Book | 2.38 X | |||
| Price To Sales | 1.53 X | |||
| Total Asset | 730.64 M | |||
| Annual Yield | 0.02 % | |||
| Year To Date Return | 2.56 % | |||
| One Year Return | 10.79 % | |||
| Three Year Return | 2.01 % | |||
| Five Year Return | 7.22 % | |||
| Ten Year Return | 7.86 % | |||
| Net Asset | 1.14 B | |||
| Last Dividend Paid | 0.03 | |||
| Cash Position Weight | 8.28 % | |||
| Equity Positions Weight | 57.27 % | |||
| Bond Positions Weight | 7.97 % |
About Strategic Allocation Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Strategic Allocation Moderate's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Strategic Allocation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Strategic Allocation Moderate 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 funds asset allocation strategy diversifies investments among equity securities, bonds and money market instruments. It usually invests 64 percent of its assets in stocks, 32 percent of its assets in bonds, and 4 percent of its assets in cash equivalents. The fund also invests in a variety of debt securities payable in U.S. and foreign currencies. It may invest in any type of U.S. or foreign equity security that meets certain fundamental and technical standards. The fund may invest up to 10 percent of its assets in below investment-grade securities.
Pair Trading with Strategic Allocation
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 Strategic Allocation 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 Strategic Allocation will appreciate offsetting losses from the drop in the long position's value.Moving together with Strategic Mutual Fund
| 0.86 | AMDVX | Mid Cap Value | PairCorr |
| 0.98 | AMEIX | Equity Growth | PairCorr |
| 0.98 | AMGIX | Income Growth | PairCorr |
| 0.94 | AMKIX | Emerging Markets | PairCorr |
The ability to find closely correlated positions to Strategic Allocation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Strategic Allocation 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 Strategic Allocation - 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 Strategic Allocation Moderate to buy it.
The correlation of Strategic Allocation is a statistical measure of how it moves in relation to other instruments. 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 Strategic Allocation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Strategic Allocation 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 Strategic Allocation 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Strategic Allocation Moderate. 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 unemployment. Note that the Strategic Allocation information on this page should be used as a complementary analysis to other Strategic Allocation'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 File Import module to quickly import all of your third-party portfolios from your local drive in csv format.