American Growth Fund Fundamentals
American Growth Fund fundamentals help investors to digest information that contributes to American Growth's financial success or failures. It also enables traders to predict the movement of American Mutual Fund. The fundamental analysis module provides a way to measure American Growth's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to American Growth mutual fund.
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American Growth Fund Mutual Fund Cash Position Weight Analysis
American Growth's Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Current American Growth Cash Position Weight | 0.01 % |
Most of American Growth's fundamental indicators, such as Cash Position Weight, 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, American Growth Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
CompetitionIn accordance with the recently published financial statements, American Growth Fund has 0.01% in Cash Position Weight. This is much higher than that of the American Growth family and significantly higher than that of the Small Growth category. The cash position weight for all United States funds is notably lower than that of the firm.
American Growth Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining American Growth's current stock value. Our valuation model uses many indicators to compare American Growth value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across American Growth competition to find correlations between indicators driving American Growth's intrinsic value. More Info.American Growth Fund is the top fund in one year return among similar funds. It is the top fund in three year return among similar funds . Comparative valuation analysis is a catch-all model that can be used if you cannot value American Growth by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for American Growth'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 American Growth's earnings, one of the primary drivers of an investment's value.American Cash Position Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses American Growth's direct or indirect competition against its Cash Position Weight to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of American Growth could also be used in its relative valuation, which is a method of valuing American Growth by comparing valuation metrics of similar companies.American Growth is currently under evaluation in cash position weight among similar funds.
Fund Asset Allocation for American Growth
The fund consists of 73.45% investments in stocks, with the rest of investments allocated between different money market instruments and various exotic instruments.Asset allocation divides American Growth's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
American Fundamentals
| Total Asset | 364.48 K | |||
| One Year Return | (7.99) % | |||
| Three Year Return | (5.27) % | |||
| Five Year Return | (9.58) % | |||
| Net Asset | 364.48 K | |||
| Cash Position Weight | 0.01 % | |||
| Equity Positions Weight | 73.45 % |
Pair Trading with American Growth
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 American Growth 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 American Growth will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Bank of America could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of America 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 Bank of America - 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 Bank of America to buy it.
The correlation of Bank of America 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 Bank of America moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of America 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 Bank of America 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the American Growth information on this page should be used as a complementary analysis to other American Growth'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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in American Mutual Fund
If you are still planning to invest in American Growth check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the American Growth's history and understand the potential risks before investing.
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