American Funds Income Fund of Amer A shows Mean Deviation of 0.6654 and Risk Adjusted Performance of
(0.26). American Funds Income technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity future prices. In plain English you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for American Funds Income Fund of Amer A which can be compared to its rivals. Please confirm American Funds Income Standard Deviation as well as the relationship between Maximum Drawdown and Expected Short fall to decide if American Funds Income is priced correctly providing market reflects its regular price of 20.71 per share.
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American Funds Income Technical Analysis
American Funds Income Trend AnalysisUse this graph to draw trend lines for American Funds Income Fund of Amer A. You can use it to identify possible trend reversals for American Funds as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual American Funds price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
American Funds Best Fit Change LineThe following chart estimates an ordinary least squares regression model for American Funds Income Fund of Amer A applied against its price change over selected period. The best fit line has a slop of 0.0085 % which may suggest that American Funds Income Fund of Amer A market price will keep on failing further. It has 78 observation points and a regression sum of squares at 0.72, which is the sum of squared deviations for the predicted American Funds price change compared to its average price change.
World Markets Correlation
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|Risk Adjusted Performance||(0.26)|
|Market Risk Adjusted Performance||(1.61)|
|Coefficient Of Variation||(505.11)|
|Total Risk Alpha||(0.08)|
|Value At Risk||(1.30)|
American Funds Income One Year Return
Based on recorded statements American Funds Income Fund of Amer A has One Year Return of -0.16%. This is 106.72% lower than that of the American Funds family, and 102.72% lower than that of Allocation--70% to 85% Equity category, The One Year Return for all funds is 106.96% higher than the company.
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