Income Growth Fund Manager Performance Evaluation

AMGIX Fund  USD 39.48  0.08  0.20%   
The fund retains a Market Volatility (i.e., Beta) of 0.0489, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Income Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Income Growth is expected to be smaller as well.

Risk-Adjusted Performance

13 of 100

 
Weak
 
Strong
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Income Growth Fund are ranked lower than 13 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak forward indicators, Income Growth may actually be approaching a critical reversion point that can send shares even higher in January 2025.
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The magic pony of private finance fails to fund the global green transition - Financial Times
10/16/2024
Expense Ratio Date1st of November 2022
Expense Ratio0.4600
  

Income Growth Relative Risk vs. Return Landscape

If you would invest  3,667  in Income Growth Fund on September 4, 2024 and sell it today you would earn a total of  281.00  from holding Income Growth Fund or generate 7.66% return on investment over 90 days. Income Growth Fund is currently producing 0.1177% returns and takes up 0.6809% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Income, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Income Growth is expected to generate 1.18 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.1 times less risky than the market. It trades about 0.17 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.19 of returns per unit of risk over similar time horizon.

Income Growth Current Valuation

Fairly Valued
Today
39.48
Please note that Income Growth's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Income Growth retains a regular Real Value of $39.04 per share. The prevalent price of the fund is $39.48. We determine the value of Income Growth from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Income Growth is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Income Mutual Fund. However, Income Growth's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  39.48 Real  39.04 Hype  39.5 Naive  39.57
The intrinsic value of Income Growth's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Income Growth's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
39.04
Real Value
39.73
Upside
Estimating the potential upside or downside of Income Growth Fund helps investors to forecast how Income mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Income Growth more accurately as focusing exclusively on Income Growth's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
37.7638.5439.32
Details
Hype
Prediction
LowEstimatedHigh
38.8139.5040.19
Details
Naive
Forecast
LowNext ValueHigh
38.8939.5740.26
Details

Income Growth Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Income Growth's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Income Growth Fund, and traders can use it to determine the average amount a Income Growth's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1729

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Estimated Market Risk

 0.68
  actual daily
6
94% of assets are more volatile

Expected Return

 0.12
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Income Growth is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Income Growth by adding it to a well-diversified portfolio.

Income Growth Fundamentals Growth

Income Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Income Growth, and Income Growth fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Income Mutual Fund performance.

About Income Growth Performance

Evaluating Income Growth's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Income Growth has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Income Growth has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
In selecting stocks for the fund, the managers use quantitative and qualitative management techniques in a multi-step process. The managers evaluate stocks, primarily large capitalization, publicly traded U.S. companies based on an objective set of measures, including valuation, quality, growth, and sentiment. The portfolio managers then review the output of the quantitative model and also consider other factors to build a portfolio that they believe will provide a balance between risk and return.

Things to note about Income Growth performance evaluation

Checking the ongoing alerts about Income Growth for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Income Growth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund holds 96.92% of its assets under management (AUM) in equities
Evaluating Income Growth's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Income Growth's mutual fund performance include:
  • Analyzing Income Growth's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Income Growth's stock is overvalued or undervalued compared to its peers.
  • Examining Income Growth's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Income Growth's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Income Growth's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Income Growth's mutual fund. These opinions can provide insight into Income Growth's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Income Growth's mutual fund performance is not an exact science, and many factors can impact Income Growth's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Income Mutual Fund

Income Growth financial ratios help investors to determine whether Income Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Income with respect to the benefits of owning Income Growth security.
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