Short Duration Competition

ASXDX Fund

USD 8.96 0.01 0.11%

Short Duration Strategic competes with Mid Cap, Equity Growth, Income Growth, Diversified Bond, and Emerging Markets; as well as few others. The fund is listed under Short-Term Bond category and is part of American Century Investments family. Analyzing Short Duration competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Short Duration to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Short Duration Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Short Duration competition on your existing holdings.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Short Duration'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

Low	Estimated	High
8.82	8.96	9.10

Details

Intrinsic

Valuation

Low	Real	High
8.11	8.25	9.86

Details

Short Duration Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Short Duration and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Short and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Short Duration Strategic does not affect the price movement of the other competitor.

	AMDVX	AMEIX	AMGIX	CDBCX	AMKIX	TWACX	TWADX	TWCCX	TWCAX	TWCIX
AMDVX		0.8	0.84	-0.42	0.29	-0.11	0.94	0.69	0.73	0.7	AMDVX
AMEIX	0.8		0.92	-0.76	0.48	-0.42	0.91	0.93	0.98	0.93	AMEIX
AMGIX	0.84	0.92		-0.68	0.45	-0.34	0.92	0.89	0.86	0.91	AMGIX
CDBCX	-0.42	-0.76	-0.68		-0.18	0.81	-0.64	-0.79	-0.74	-0.76	CDBCX
AMKIX	0.29	0.48	0.45	-0.18		0.14	0.43	0.45	0.5	0.5	AMKIX
TWACX	-0.11	-0.42	-0.34	0.81	0.14		-0.28	-0.54	-0.45	-0.49	TWACX
TWADX	0.94	0.91	0.92	-0.64	0.43	-0.28		0.81	0.84	0.82	TWADX
TWCCX	0.69	0.93	0.89	-0.79	0.45	-0.54	0.81		0.93	1.0	TWCCX
TWCAX	0.73	0.98	0.86	-0.74	0.5	-0.45	0.84	0.93		0.93	TWCAX
TWCIX	0.7	0.93	0.91	-0.76	0.5	-0.49	0.82	1.0	0.93		TWCIX
	AMDVX	AMEIX	AMGIX	CDBCX	AMKIX	TWACX	TWADX	TWCCX	TWCAX	TWCIX

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High positive correlations

TWCIX	+ 1.0	TWCCX
TWCAX	+ 0.98	AMEIX
TWADX	+ 0.94	AMDVX
TWCCX	+ 0.93	AMEIX
TWCIX	+ 0.93	AMEIX
TWCAX	+ 0.93	TWCCX

High negative correlations

TWCCX	- 0.79	CDBCX
TWCIX	- 0.76	CDBCX
CDBCX	- 0.76	AMEIX
TWCAX	- 0.74	CDBCX
CDBCX	- 0.68	AMGIX
TWADX	- 0.64	CDBCX

Risk-Adjusted Indicators

There is a big difference between Short Mutual Fund performing well and Short Duration Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Short Duration's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
AMDVX	0.51	0.00	(0.04)	0.08	0.44	(0.61)	0.88	(0.82)	3.22
AMEIX	0.57	0.02	0.01	0.10	0.71	(0.62)	1.13	(1.55)	3.88
AMGIX	0.53	0.09	0.01	(3.32)	0.45	(0.59)	1.15	(0.89)	3.48
CDBCX	0.23	(0.03)	0.00	0.56	0.00	0.00	0.43	(0.55)	1.28
AMKIX	0.82	0.01	(0.07)	(0.01)	1.02	(0.88)	1.51	(1.86)	4.82
TWACX	0.08	0.00	(0.55)	0.00	0.09	(0.13)	0.11	(0.11)	0.78
TWADX	0.48	0.00	(0.05)	0.08	0.40	(0.59)	0.95	(0.70)	2.91
TWCCX	0.81	0.09	0.00	(0.68)	1.23	(0.74)	1.69	(2.23)	5.13
TWCAX	0.74	(0.01)	(0.01)	0.07	1.13	(0.67)	1.70	(2.20)	5.36
TWCIX	0.75	0.08	(0.01)	(0.72)	1.13	(0.68)	1.70	(2.20)	5.37

Unable to evaluate fundamental data of [AMDVX, AMEIX, AMGIX, CDBCX, AMKIX, TWACX, TWADX, TWCCX, TWCAX, TWCIX] at this time. Please try again later

All Fundamental Data

Short Duration Competitive Analysis

The better you understand Short Duration competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Short Duration's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Short Duration's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	ASXDX	AMDVX	AMEIX	AMGIX	CDBCX	AMKIX	TWACX	TWADX	TWCCX	TWCAX
	0.11 8.96 Short	0.46 17.30 Mid	0.48 33.82 Equity	0.21 38.34 Income	0.11 9.12 Diversified	1.23 11.56 Emerging	0.11 8.92 Short	0.69 8.67 Value	0.50 64.39 Ultra	0.97 118.65 Select
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Modest	OK	OK	OK	Very Weak	Very Weak	Very Weak	OK	Insignificant	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Fairly Valued	Over Valued	Fairly Valued	Over Valued	Over Valued	Fairly Valued	Fairly Valued	Over Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Hold	Strong Hold	Sell	Strong Sell	Strong Sell	Hold	Strong Hold	Strong Sell	Hold
Net Asset	57.35 M	8.31 B	1.75 B	2.16 B	6.34 B	2.45 B	198.06 M	2.16 B	19.44 B	4.41 B
Minimum Initial Investment	N/A	N/A	5 M	5 M	N/A	5 M	N/A	N/A	N/A	N/A
Price To Book	N/A	1.88	2.74	2.66	N/A	2.54	N/A	1.79	5.16	5.02
Five Year Return	2.69	8.87	12.63	9.88	-1.25	1.01	0.15	9.44	17.54	16.22
One Year Return	7.55	20.66	32.85	26.14	6.31	14.64	3.83	20.78	33.01	29.46
Last Dividend Paid	0.02	0.09	0.09	0.12	0.01	0.11	N/A	0.04	N/A	N/A
Price To Earning	N/A	18.4	17.98	17.1	N/A	16.22	N/A	17.75	22.37	20.43
Price To Sales	N/A	1.44	1.53	1.48	N/A	1.85	N/A	1.52	2.68	2.43
Cash Position Weight	0.17	3.2	2.75	3.08	4.47	2.37	3.79	2.47	1.31	1.34
Equity Positions Weight	N/A	96.81	97.25	96.92	N/A	97.63	N/A	97.53	98.69	98.22
Three Year Return	1.71	6.06	6.42	3.97	-3.64	-7.14	-0.28	6.73	5.43	6.93
Annual Yield	0.0026	0.0183	0.008	0.0147	0.0027	0.0129	1.0E-4	0.0173	N/A	N/A
Year To Date Return	5.01	12.2	25.31	17.93	0.54	10.98	2.03	12.47	24.94	22.78
Bond Positions Weight	15.72	N/A	N/A	N/A	5.08	N/A	N/A	N/A	N/A	N/A
Ten Year Return	N/A	10.19	12.26	11.22	2.59	4.43	0.04	8.37	15.09	14.72
Daily Balance Of Power	(9,223,372,036,855)	(9,223,372,036,855)	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	(9,223,372,036,855)	9.2 T	9.2 T
Day Typical Price	8.96	17.3	33.82	38.34	9.12	11.56	8.92	8.67	64.39	118.65
Period Momentum Indicator	(0.01)	(0.08)	0.16	0.08	0.01	0.14	0.01	(0.06)	0.32	1.14
Rate Of Daily Change	1.0	1.0	1.0	1.0	1.0	1.01	1.0	0.99	1.0	1.01
Day Median Price	8.96	17.3	33.82	38.34	9.12	11.56	8.92	8.67	64.39	118.65
Price Action Indicator	(0.01)	(0.04)	0.08	0.04	0.005	0.07	0.005	(0.03)	0.16	0.57
Coefficient Of Variation	1065.13	989.19	815.43	727.78	(1,146)	8747.27	6684.34	958.81	1225.32	1383.65
Mean Deviation	0.1034	0.5124	0.5738	0.533	0.2282	0.8201	0.0835	0.4826	0.8077	0.7418
Jensen Alpha	0.0038	9.0E-4	0.019	0.0873	(0.03)	0.0131	N/A	0.0	0.0902	(0.01)
Total Risk Alpha	(0.01)	(0.01)	0.0048	0.0133	(0.07)	(0.11)	(0.02)	(0.01)	(0.03)	(0.04)
Sortino Ratio	(0.48)	(0.04)	0.0096	0.0111	N/A	(0.07)	(0.55)	(0.05)	0.0019	(0.01)
Downside Variance	0.0241	0.3433	0.717	0.4	N/A	1.16	0.0248	0.2518	1.83	1.65
Standard Deviation	0.1459	0.6391	0.7861	0.6935	0.297	1.05	0.1182	0.5982	1.11	1.05
Kurtosis	2.23	1.28	1.43	1.85	0.4192	(0.04)	2.47	1.21	1.17	1.31
Potential Upside	0.225	0.8782	1.13	1.15	0.4283	1.51	0.1122	0.9547	1.69	1.7
Treynor Ratio	(2.46)	0.0796	0.1004	(3.32)	0.5585	(0.01)	N/A	0.0783	(0.68)	0.07
Maximum Drawdown	0.8924	3.22	3.88	3.48	1.28	4.82	0.7799	2.91	5.13	5.36
Variance	0.0213	0.4084	0.6179	0.481	0.0882	1.1	0.014	0.3578	1.24	1.11
Market Risk Adjusted Performance	(2.45)	0.0896	0.1104	(3.31)	0.5685	(0)	N/A	0.0883	(0.67)	0.08
Risk Adjusted Performance	0.0291	0.0744	0.0928	0.1027	(0.08)	0.0114	(0.04)	0.076	0.0647	0.0573
Skewness	0.5528	0.6262	(0.34)	0.6919	(0.48)	(0.11)	(0.41)	0.7408	(0.56)	(0.53)
Semi Deviation	0.0	0.4402	0.7085	0.4465	N/A	1.02	0.0943	0.3986	1.23	1.13
Information Ratio	(0.51)	(0.04)	0.0104	0.0102	(0.38)	(0.07)	(0.73)	(0.04)	0.0023	(0.01)
Value At Risk	(0.11)	(0.82)	(1.55)	(0.89)	(0.55)	(1.86)	(0.11)	(0.70)	(2.23)	(2.20)
Expected Short fall	(0.18)	(0.61)	(0.62)	(0.59)	N/A	(0.88)	(0.13)	(0.59)	(0.74)	(0.67)
Downside Deviation	0.1553	0.5859	0.8468	0.6324	N/A	1.08	0.1575	0.5018	1.35	1.28
Semi Variance	(0)	0.1937	0.502	0.1994	N/A	1.04	0.0089	0.1588	1.52	1.28

Short Duration Competition Performance Charts

Five steps to successful analysis of Short Duration Competition

Short Duration's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Short Duration Strategic in relation to its competition. Short Duration's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Short Duration in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Short Duration's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Short Duration Strategic, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Short Duration position

In addition to having Short Duration in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Chemicals Makers Thematic Idea Now

Chemicals Makers

Companies developing chemicals for crops, soil as well as human, and animals. The Chemicals Makers theme has 42 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Chemicals Makers Theme or any other thematic opportunities.

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Other Information on Investing in Short Mutual Fund

Short Duration financial ratios help investors to determine whether Short Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Short with respect to the benefits of owning Short Duration security.

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