American Funds 2010 Fund Market Value

RCATX Fund  USD 11.30  0.01  0.09%   
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 2010 investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of American Funds 2010 and determine expected loss or profit from investing in American Funds over a given investment horizon.
Check out American Funds Correlation, American Funds Volatility and American Funds Alpha and Beta module to complement your research on American Funds.
Symbol

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 if American Funds is a good investment 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
12/01/2023
No Change 0.00  0.0 
In 3 months and 1 day
02/29/2024
0.00
If you would invest  0.00  in American Funds on December 1, 2023 and sell it all today you would earn a total of 0.00 from holding American Funds 2010 or generate 0.0% return on investment in American Funds over 90 days. American Funds is related to or competes with State Farm, Income Fund, American Mutual, American Mutual, American Funds, American Funds, and Income Fund. The fund normally invests a greater portion of its assets in fixed income, equity-income and balanced funds as it contin... More

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 2010 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
LowEstimatedHigh
10.7711.3011.83
Details
Intrinsic
Valuation
LowRealHigh
10.5011.0311.56
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 toward taking a position in American Funds 2010.

American Funds 2010 Backtested Returns

We consider American Funds very steady. American Funds 2010 secures Sharpe Ratio (or Efficiency) of 0.011, which signifies that the fund had 0.011% return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for American Funds 2010, which you can use to evaluate the future volatility of the entity. Please confirm American Funds' risk adjusted performance of 0.0325, and Mean Deviation of 0.3093 to double-check if the risk estimate we provide is consistent with the expected return of 0.0058%. The fund shows a Beta (market volatility) of 0.46, which signifies possible diversification benefits within a given portfolio. 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.

Auto-correlation

    
  0.25  

Poor predictability

American Funds 2010 has poor predictability. Overlapping area represents the amount of predictability between American Funds time series from 1st of December 2023 to 15th of January 2024 and 15th of January 2024 to 29th of February 2024. 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 2010 price movement. The serial correlation of 0.25 indicates that over 25.0% of current American Funds price fluctuation can be explain by its past prices.
Correlation Coefficient0.25
Spearman Rank Test-0.44
Residual Average0.0
Price Variance0.0

American Funds 2010 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   
       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   
       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 2010.
   Regressed Prices   
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards American Funds in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, American Funds' short interest history, or implied volatility extrapolated from American Funds options trading.

Currently Active Assets on Macroaxis

Check out American Funds Correlation, American Funds Volatility and American Funds Alpha and Beta module to complement your research on American Funds.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for American Mutual Fund analysis

When running American Funds' 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 the 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, fund 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...