AMERICAN Mutual Fund Manager Performance Evaluation

Mutual Funds . USA . 
Fund . AMERICAN FUNDS DEVELOPING
CDWFX Fund  USD 9.77  0.03  0.31%   
The fund shows a Beta (market volatility) of 0.036, 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. Although it is important to respect AMERICAN FUNDS DEVELOPING historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy in foreseeing future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By examining AMERICAN FUNDS DEVELOPING technical indicators, you can right now evaluate if the expected return of 0.0628% will be sustainable into the future.
  

AMERICAN Performance

5 of 100

Compared to the overall equity markets, risk-adjusted returns on investments in AMERICAN FUNDS DEVELOPING are ranked lower than 5 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical and fundamental indicators, AMERICAN FUNDS is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Fifty Two Week Low8.30
Fifty Two Week High12.67

AMERICAN FUNDS Relative Risk vs. Return Landscape

If you would invest  941.00  in AMERICAN FUNDS DEVELOPING on January 1, 2023 and sell it today you would earn a total of  36.00  from holding AMERICAN FUNDS DEVELOPING or generate 3.83% return on investment over 90 days. AMERICAN FUNDS DEVELOPING is currently producing 0.0628% returns and takes up 0.8077% volatility of returns over 90 trading days. Put another way, 7% 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 generate 0.85 times more return on investment than the market. However, the company is 1.18 times less risky than the market. It trades about 0.08 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.03 per unit of risk.

AMERICAN FUNDS Current Valuation

Fairly Valued
Today 9.77
Please note that AMERICAN FUNDS's price fluctuation is very steady at this time.
AMERICAN FUNDS DEVELOPING shows a prevailing Real Value of $9.82 per share. The current price of the fund is $9.77. At this time, the entity appears to be fairly valued. We determine the value of AMERICAN FUNDS DEVELOPING from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, in the future, mutual fund 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'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.
9.82
Real Value
10.63
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's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimated ValueHigh
8.969.7710.58
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AMERICAN FUNDS Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for AMERICAN FUNDS's 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'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 = 0.0778

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Estimated Market Risk

 0.81
  actual daily
 7 
93% of assets are more volatile
77

Expected Return

 0.06
  actual daily
 1 
99% of assets have higher returns
11

Risk-Adjusted Return

 0.08
  actual daily
 5 
95% of assets perform better
55
Based on monthly moving average AMERICAN FUNDS is performing at about 5% 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.

AMERICAN FUNDS Fundamentals Growth

AMERICAN Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of AMERICAN FUNDS, and AMERICAN FUNDS 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 AMERICAN Mutual Fund performance.
Price to Earning15.33 X
Price to Book2.27 X
Price to Sales1.63 X
Total Asset3.29 B

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 market performance in a much more refined way. 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 performance evaluation

Checking the ongoing alerts about AMERICAN FUNDS for important developments is a great way to find new opportunities for your next move. Mutual Fund 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 DEVELOPING generated five year return of 0.0%
This fund holds about 5.42% of its assets under management (AUM) in cash
Evaluating AMERICAN FUNDS's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate AMERICAN FUNDS's mutual fund performance include:
  • Analyzing AMERICAN FUNDS'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 AMERICAN FUNDS's stock is overvalued or undervalued compared to its peers.
  • Examining AMERICAN FUNDS'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 AMERICAN FUNDS's management team can have a significant impact on its success or failure. Reviewing the track record and experience of AMERICAN FUNDS's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of AMERICAN FUNDS's mutual fund. These opinions can provide insight into AMERICAN FUNDS's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating AMERICAN FUNDS's mutual fund performance is not an exact science, and many factors can impact AMERICAN FUNDS'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.
Check out Trending Equities. Note that the AMERICAN FUNDS DEVELOPING information on this page should be used as a complementary analysis to other AMERICAN FUNDS'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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for AMERICAN Mutual Fund analysis

When running AMERICAN FUNDS DEVELOPING price analysis, check to measure AMERICAN FUNDS'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 FUNDS is operating at the current time. Most of AMERICAN FUNDS's value examination focuses on studying past and present price action to predict the probability of AMERICAN FUNDS's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move AMERICAN FUNDS's 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's 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'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.
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