Capital Income Builder Fund Market Value

RIRFX Fund  USD 68.16  0.58  0.86%   
Capital Income's market value is the price at which a share of Capital Income trades on a public exchange. It measures the collective expectations of Capital Income Builder investors about its performance. Capital Income is trading at 68.16 as of the 28th of March 2024; that is 0.86% increase since the beginning of the trading day. The fund's open price was 67.58.
With this module, you can estimate the performance of a buy and hold strategy of Capital Income Builder and determine expected loss or profit from investing in Capital Income over a given investment horizon. Check out Capital Income Correlation, Capital Income Volatility and Capital Income Alpha and Beta module to complement your research on Capital Income.
Symbol

Please note, there is a significant difference between Capital Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if Capital Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Capital Income'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.

Capital Income 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Capital Income's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Capital Income.
0.00
02/27/2024
No Change 0.00  0.0 
In 30 days
03/28/2024
0.00
If you would invest  0.00  in Capital Income on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Capital Income Builder or generate 0.0% return on investment in Capital Income over 30 days. Capital Income is related to or competes with Income Fund, American Funds, New World, American Mutual, American Mutual, American Funds, and American Funds. The fund normally will invest at least 90 percent of its assets in income-producing securities More

Capital Income Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Capital Income's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Capital Income Builder upside and downside potential and time the market with a certain degree of confidence.

Capital Income Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Capital Income's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Capital Income's standard deviation. In reality, there are many statistical measures that can use Capital Income historical prices to predict the future Capital Income's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Capital Income's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
67.6968.1668.63
Details
Intrinsic
Valuation
LowRealHigh
67.2667.7368.20
Details
Naive
Forecast
LowNextHigh
67.3167.7868.24
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
67.2867.8068.31
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Capital Income. Your research has to be compared to or analyzed against Capital Income's peers to derive any actionable benefits. When done correctly, Capital Income's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Capital Income Builder.

Capital Income Builder Backtested Returns

We consider Capital Income very steady. Capital Income Builder secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Capital Income Builder, which you can use to evaluate the volatility of the entity. Please confirm Capital Income's Risk Adjusted Performance of 0.0838, mean deviation of 0.3367, and Downside Deviation of 0.4458 to double-check if the risk estimate we provide is consistent with the expected return of 0.0603%. The fund shows a Beta (market volatility) of 0.72, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Capital Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding Capital Income is expected to be smaller as well.

Auto-correlation

    
  0.57  

Modest predictability

Capital Income Builder has modest predictability. Overlapping area represents the amount of predictability between Capital Income time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Capital Income Builder price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Capital Income price fluctuation can be explain by its past prices.
Correlation Coefficient0.57
Spearman Rank Test0.67
Residual Average0.0
Price Variance0.12

Capital Income Builder lagged returns against current returns

Autocorrelation, which is Capital Income mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Capital Income's mutual fund expected returns. We can calculate the autocorrelation of Capital Income returns to help us make a trade decision. For example, suppose you find that Capital Income has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Capital Income regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Capital Income mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Capital Income mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Capital Income mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Capital Income Lagged Returns

When evaluating Capital Income's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Capital Income mutual fund have on its future price. Capital Income autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Capital Income autocorrelation shows the relationship between Capital Income mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Capital Income Builder.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Check out Capital Income Correlation, Capital Income Volatility and Capital Income Alpha and Beta module to complement your research on Capital Income.
Note that the Capital Income Builder information on this page should be used as a complementary analysis to other Capital Income'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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for Capital Mutual Fund analysis

When running Capital Income's price analysis, check to measure Capital Income'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 Capital Income is operating at the current time. Most of Capital Income's value examination focuses on studying past and present price action to predict the probability of Capital Income's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Capital Income's price. Additionally, you may evaluate how the addition of Capital Income to your portfolios can decrease your overall portfolio volatility.
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Bonds Directory
Find actively traded corporate debentures issued by US companies
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Money Managers
Screen money managers from public funds and ETFs managed around the world
Capital Income technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Capital Income technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Capital Income trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...