American Mutual Fund Market Value

AEGFX -  USA Fund  

USD 60.22  1.09  1.78%

American Funds' market value is the price at which a share of American Funds stock trades on a public exchange. It measures the collective expectations of American Funds Europacific investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of American Funds Europacific and determine expected loss or profit from investing in American Funds over a given investment horizon. Please continue to American Funds Hype Analysis, American Funds Correlation, Portfolio Optimization, American Funds Volatility, as well as analyze American Funds Alpha and Beta and American Funds Performance.
Symbol
Backtest

Please note, there is a significant difference between American Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine American Funds value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Funds' 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.

American Funds 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to American Funds' mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of American Funds.
0.00
12/25/2021
No Change 0.00  0.0 
In 30 days
01/24/2022
0.00
If you would invest  0.00  in American Funds on December 25, 2021 and sell it all today you would earn a total of 0.00 from holding American Funds Europacific or generate 0.0% return on investment in American Funds over 30 days. American Funds is related to or competes with Europacific Growth, Europacific Growth, Europacific Growth, American Funds, American Funds, Europacific Growth, and American Funds. The fund invests primarily in common stocks of issuers in Europe and the Pacific Basin that the investment adviser belie...

American Funds Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure American Funds' mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess American Funds Europacific upside and downside potential and time the market with a certain degree of confidence.

American Funds Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for American Funds' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Funds' standard deviation. In reality, there are many statistical measures that can use American Funds historical prices to predict the future American Funds' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of American Funds' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of American Funds in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
58.1959.3660.53
Details
Intrinsic
Valuation
LowReal ValueHigh
54.2061.4662.63
Details
Naive
Forecast
LowNext ValueHigh
57.9559.1160.28
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
59.8761.9764.06
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as American Funds. Your research has to be compared to or analyzed against American Funds' peers to derive any actionable benefits. When done correctly, American Funds' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in American Funds Europ.

American Funds Europ Backtested Returns

American Funds Europ secures Sharpe Ratio (or Efficiency) of -0.21, which signifies that the fund had -0.21% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in foreseeing the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. American Funds Europacific exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm American Funds Europ mean deviation of 0.7955, and Risk Adjusted Performance of (0.17) to double-check the risk estimate we provide.
The fund shows a Beta (market volatility) of 0.8369, which signifies possible diversification benefits within a given portfolio. Let's try to break down what American's beta means in this case. As returns on the market increase, American Funds returns are expected to increase less than the market. However, during the bear market, the loss on holding American Funds will be expected to be smaller as well. Even though it is essential to pay attention to American Funds Europ historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy in foreseeing any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. American Funds Europacific exposes twenty-one different technical indicators, which can help you to evaluate its performance.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.71   

Good predictability

American Funds Europacific has good predictability. Overlapping area represents the amount of predictability between American Funds time series from 25th of December 2021 to 9th of January 2022 and 9th of January 2022 to 24th of January 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of American Funds Europ price movement. The serial correlation of 0.71 indicates that around 71.0% of current American Funds price fluctuation can be explain by its past prices.
Correlation Coefficient0.71
Spearman Rank Test0.62
Residual Average0.0
Price Variance1.18

American Funds Europ lagged returns against current returns

Autocorrelation, which is American Funds mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting American Funds' mutual fund expected returns. We can calculate the autocorrelation of American Funds returns to help us make a trade decision. For example, suppose you find that American Funds mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

American Funds regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If American Funds mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Funds mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Funds mutual fund over time.
 Current vs Lagged Prices 
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      Timeline 

American Funds Lagged Returns

When evaluating American Funds' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Funds mutual fund have on its future price. American Funds autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, American Funds autocorrelation shows the relationship between American Funds mutual fund current value and its past values and can show if there is a momentum factor associated with investing in American Funds Europacific.
 Regressed Prices 
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      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in American Funds without increasing your portfolio risk or giving up 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.

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Theme Ratings

Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
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Pair Trading with American Funds

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 American Funds 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 American Funds will appreciate offsetting losses from the drop in the long position's value.

American Funds Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for American Funds and Europacific Growth. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Please continue to American Funds Hype Analysis, American Funds Correlation, Portfolio Optimization, American Funds Volatility, as well as analyze American Funds Alpha and Beta and American Funds Performance. Note that the American Funds Europ information on this page should be used as a complementary analysis to other American Funds' 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for American Mutual Fund analysis

When running American Funds Europ price analysis, check to measure American Funds' 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 Funds is operating at the current time. Most of American Funds' value examination focuses on studying past and present price action to predict the probability of American Funds' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move American Funds' price. Additionally, you may evaluate how the addition of American Funds to your portfolios can decrease your overall portfolio volatility.
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American Funds 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, stock market cycles, or different charting patterns.
A focus of American Funds technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of American Funds 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...