American Mutual Fund Manager Performance Evaluation

CDWAX -  USA Fund  

USD 13.08  0.03  0.23%

The fund shows a Beta (market volatility) of 0.0738, 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, 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 Developing 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 Developing exposes twenty-one different technical indicators, which can help you to evaluate its performance.

American Mutual Fund Performance 

 
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 American Performance
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Over the last 90 days American Funds Developing has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, American Funds is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
Fifty Two Week Low10.61
Fifty Two Week High13.77
Annual Report Expense Ratio1.29%

American Funds Relative Risk vs. Return Landscape

If you would invest  1,314  in American Funds Developing on July 21, 2021 and sell it today you would lose (9.00)  from holding American Funds Developing or give up 0.68% of portfolio value over 90 days. American Funds Developing is currently producing negative expected returns and takes up 0.9512% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than American, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon American Funds is expected to under-perform the market. In addition to that, the company is 1.33 times more volatile than its market benchmark. It trades about -0.01 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.04 per unit of volatility.

American Funds Current Valuation

Fairly Valued
Today
13.08
19th of October 2021
Share
Please note that American Funds' price fluctuation is very steady at this time.
American Funds Developing shows a prevailing Real Value of $13.05 per share. The current price of the fund is $13.08. At this time, the entity appears to be fairly valued. We determine the value of American Funds Developing from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued instruments and dropping overvalued instruments since, at some point, stock prices and their ongoing real values will blend.
Our valuation method for American Funds Developing is useful when determining the fair value of the American mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of American Funds. Since American Funds is currently traded on the exchange, buyers and sellers on that exchange determine the market value of American Mutual Fund. However, American Funds' 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.
13.05
Real Value
13.99
Upside
Estimating the potential upside or downside of American Funds Developing helps investors to forecast how American 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 American Funds more accurately as focusing exclusively on American Funds' fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.7812.9313.24
Details
Hype
Prediction
LowEstimated ValueHigh
12.1113.0513.99
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
0.070.070.07
Details

American Funds Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for American Funds' investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as American Funds Developing, and traders can use it to determine the average amount a American Funds' 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 = -0.0068

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Estimated Market Risk
 0.95
  actual daily
 
 8 %
of total potential
 
88
Expected Return
 -0.01
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.01
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average American Funds is performing at about 0% 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 American Funds by adding it to a well-diversified portfolio.

About American Funds Performance

To evaluate American Funds Developing Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when American Funds generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare American Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand American Funds Developing stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents American's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The investment seeks long-term growth of capital while providing current income. American Funds is traded on NASDAQ Exchange in the United States.

Things to note about American Funds Developing

Checking the ongoing alerts about American Funds for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for American Funds Developing help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

American Funds Alerts

Equity Alerts and Improvement Suggestions

American Funds generated a negative expected return over the last 90 days
On 24th of September 2021 American Funds paid $ 0.0357 per share dividend to its current shareholders
American Funds Developing generated five year return of 0.0%
This fund holds about 6.17% of its assets under management (AUM) in cash
Continue to Trending Equities. Note that the American Funds Developing 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running American Funds Developing 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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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.