Amcap Fund Financial Statements From 2010 to 2024
| AMPCX Fund | USD 32.50 0.53 1.60% |
Check Amcap Fund financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Amcap main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Amcap financial statements analysis is a perfect complement when working with Amcap Fund Valuation or Volatility modules.
Amcap |
Amcap Fund Class Mutual Fund One Year Return Analysis
Amcap Fund's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Amcap Fund One Year Return | 25.13 % |
Most of Amcap Fund's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Amcap Fund Class is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Amcap Fund One Year Return Component Assessment
Based on the recorded statements, Amcap Fund Class has an One Year Return of 25.1316%. This is much higher than that of the American Funds family and notably higher than that of the Large Growth category. The one year return for all United States funds is notably lower than that of the firm.
Amcap Fund Class Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Amcap Fund's current stock value. Our valuation model uses many indicators to compare Amcap Fund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Amcap Fund competition to find correlations between indicators driving Amcap Fund's intrinsic value. More Info.Amcap Fund Class is the top fund in price to earning among similar funds. It is the top fund in price to book among similar funds fabricating about 1.40 of Price To Book per Price To Earning. Comparative valuation analysis is a catch-all model that can be used if you cannot value Amcap Fund by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Amcap Fund's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Amcap Fund's earnings, one of the primary drivers of an investment's value.About Amcap Fund Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Amcap Fund income statement, its balance sheet, and the statement of cash flows. Amcap Fund investors use historical funamental indicators, such as Amcap Fund's revenue or net income, to determine how well the company is positioned to perform in the future. Although Amcap Fund investors may use each financial statement separately, they are all related. The changes in Amcap Fund's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Amcap Fund's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Amcap Fund Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Amcap Fund. Please read more on our technical analysis and fundamental analysis pages.
The fund invests primarily in common stocks of U.S. companies that have solid long-term growth records and the potential for good future growth. The basic investment philosophy of the investment adviser is to seek to invest in attractively valued companies that, in its opinion, represent good, long-term investment opportunities.
Pair Trading with Amcap Fund
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amcap Fund position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amcap Fund will appreciate offsetting losses from the drop in the long position's value.Moving together with Amcap Mutual Fund
| 0.77 | AMECX | Income Fund | PairCorr |
| 0.87 | RNEBX | New World Fund | PairCorr |
| 0.91 | AMFCX | American Mutual | PairCorr |
| 0.91 | AMFFX | American Mutual | PairCorr |
| 0.8 | RNCCX | American Funds Me | PairCorr |
The ability to find closely correlated positions to Amcap Fund could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amcap Fund when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amcap Fund - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amcap Fund Class to buy it.
The correlation of Amcap Fund is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amcap Fund moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amcap Fund Class moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Amcap Fund can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Amcap Fund Correlation against competitors. Note that the Amcap Fund Class information on this page should be used as a complementary analysis to other Amcap Fund'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 the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.