American Century Diversified Etf Performance
| KORP Etf | USD 45.35 0.25 0.55% |
The etf shows a Beta (market volatility) of 0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, American Century's returns are expected to increase less than the market. However, during the bear market, the loss of holding American Century is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days American Century Diversified has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable basic indicators, American Century is not utilizing all of its potentials. The current stock price agitation, may contribute to short-term losses for the retail investors. ...more
1 | Fidelity Corporate Bond ETF declares monthly distribution of 0.1570 - Seeking Alpha | 02/28/2024 |
2 | Technical Data - Stock Traders Daily | 04/02/2024 |
3 | Raymond James Associates Invests 763000 in American Century Diversified Corporate Bond ETF NYSEARCA ... - Defense World | 04/24/2024 |
| In Threey Sharp Ratio | -0.74 |
American |
American Century Relative Risk vs. Return Landscape
If you would invest 4,550 in American Century Diversified on February 3, 2024 and sell it today you would lose (15.00) from holding American Century Diversified or give up 0.33% of portfolio value over 90 days. American Century Diversified is currently does not generate positive expected returns and assumes 0.326% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% of etfs are less volatile than American, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
American Century Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Century's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as American Century Diversified, and traders can use it to determine the average amount a American Century'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 = -0.0147
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | KORP |
Estimated Market Risk
| 0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average American Century is not performing at its full potential. However, 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 Century by adding American Century to a well-diversified portfolio.
American Century Fundamentals Growth
American Etf prices reflect investors' perceptions of the future prospects and financial health of American Century, and American Century 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 Etf performance.
| Total Asset | 138.6 M | |||
About American Century Performance
To evaluate American Century Div Etf 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 Century 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 Etf'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 Century Div 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 portfolio managers will invest at least 80 percent of the funds net assets, plus any borrowings for investment purposes, in corporate debt securities and corporate debt investments. American Century is traded on NYSEARCA Exchange in the United States.| American Century Div generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Raymond James Associates Invests 763000 in American Century Diversified Corporate Bond ETF NYSEARCA ... - Defense World | |
| The fund created three year return of -1.0% | |
| American Century Div maintains about 11.85% of its assets in bonds |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in American Century Diversified. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of American Century Div is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Century's value that differs from its market value or its book value, called intrinsic value, which is American Century's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Century's market value can be influenced by many factors that don't directly affect American Century's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Century's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Century is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Century'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.