American Mutual Fund Market Value

RLBBX -  USA Fund  

USD 29.73  0.36  1.23%

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

Please note, there is a significant difference between American Balanced's value and its price as these two are different measures arrived at by different means. Investors typically determine American Balanced value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Balanced's 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 Balanced '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 Balanced's 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 Balanced.
0.00
08/20/2021
No Change 0.00  0.0 
In 8 months and 27 days
05/17/2022
0.00
If you would invest  0.00  in American Balanced on August 20, 2021 and sell it all today you would earn a total of 0.00 from holding American Balanced or generate 0.0% return on investment in American Balanced over 270 days. American Balanced is related to or competes with American Funds, American Balanced, American Balanced, American Balanced, American Balanced, and American Balanced. The investment seeks conservation of capital, current income and long-term growth of capital and income

American Balanced 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 Balanced's 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 Balanced upside and downside potential and time the market with a certain degree of confidence.

American Balanced Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for American Balanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Balanced's standard deviation. In reality, there are many statistical measures that can use American Balanced historical prices to predict the future American Balanced's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of American Balanced's 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 Balanced in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
28.8229.7130.60
Details
Intrinsic
Valuation
LowReal ValueHigh
26.7632.1032.99
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as American Balanced. Your research has to be compared to or analyzed against American Balanced's peers to derive any actionable benefits. When done correctly, American Balanced's 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 Balanced.

American Balanced Backtested Returns

American Balanced secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the fund had -0.12% 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 Balanced exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm American Balanced risk adjusted performance of (0.18), and Mean Deviation of 0.6962 to double-check the risk estimate we provide.
The fund shows a Beta (market volatility) of -0.0223, which signifies not very significant fluctuations relative to the market. Let's try to break down what American's beta means in this case. As returns on the market increase, returns on owning American Balanced are expected to decrease at a much lower rate. During the bear market, American Balanced is likely to outperform the market. Even though it is essential to pay attention to American Balanced 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 Balanced exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.45  

Modest reverse predictability

American Balanced has modest reverse predictability. Overlapping area represents the amount of predictability between American Balanced time series from 20th of August 2021 to 2nd of January 2022 and 2nd of January 2022 to 17th of May 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 Balanced price movement. The serial correlation of -0.45 indicates that just about 45.0% of current American Balanced price fluctuation can be explain by its past prices.
Correlation Coefficient-0.45
Spearman Rank Test-0.43
Residual Average0.0
Price Variance0.76

American Balanced lagged returns against current returns

Autocorrelation, which is American Balanced 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 Balanced's mutual fund expected returns. We can calculate the autocorrelation of American Balanced returns to help us make a trade decision. For example, suppose you find that American Balanced 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 Balanced 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 Balanced mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Balanced 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 Balanced mutual fund over time.
 Current vs Lagged Prices 
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      Timeline 

American Balanced Lagged Returns

When evaluating American Balanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Balanced mutual fund have on its future price. American Balanced 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 Balanced autocorrelation shows the relationship between American Balanced mutual fund current value and its past values and can show if there is a momentum factor associated with investing in American Balanced.
 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 Balanced 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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Currently Active Assets on Macroaxis

Additionally, take a look at American Balanced Hype Analysis, American Balanced Correlation, Portfolio Optimization, American Balanced Volatility, as well as analyze American Balanced Alpha and Beta and American Balanced Performance. Note that the American Balanced information on this page should be used as a complementary analysis to other American Balanced'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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for American Mutual Fund analysis

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