Capital World Competition

WBFFX Fund

USD 15.90 0.01 0.06%

Capital World Bond competes with Income Fund, New World, American Mutual, American Mutual, and American Funds; as well as few others. The fund is listed under World Bond category and is part of American Funds family. Analyzing Capital World 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 Capital World to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Capital World 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 Capital World competition on your existing holdings.

Specify up to 10 symbols:

Hype

Prediction

Low	Estimated	High
15.56	15.90	16.24

Details

Intrinsic

Valuation

Low	Real	High
15.10	15.44	17.49

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Capital World. Your research has to be compared to or analyzed against Capital World's peers to derive any actionable benefits. When done correctly, Capital World'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 World Bond.

Capital World Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Capital World 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 Capital 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 Capital World Bond does not affect the price movement of the other competitor.

	AMECX	RNEBX	AMFCX	AMFFX	RNCCX	FPPPX	AMEFX	RNGGX	RNGFX	RNGHX
AMECX		0.76	0.93	0.93	0.94	0.17	1.0	0.83	0.87	0.83	AMECX
RNEBX	0.76		0.72	0.71	0.79	0.25	0.76	0.63	0.61	0.63	RNEBX
AMFCX	0.93	0.72		1.0	0.83	0.05	0.93	0.91	0.84	0.91	AMFCX
AMFFX	0.93	0.71	1.0		0.83	0.04	0.93	0.91	0.85	0.91	AMFFX
RNCCX	0.94	0.79	0.83	0.83		0.44	0.94	0.67	0.72	0.67	RNCCX
FPPPX	0.17	0.25	0.05	0.04	0.44		0.16	-0.27	-0.23	-0.27	FPPPX
AMEFX	1.0	0.76	0.93	0.93	0.94	0.16		0.84	0.87	0.84	AMEFX
RNGGX	0.83	0.63	0.91	0.91	0.67	-0.27	0.84		0.94	1.0	RNGGX
RNGFX	0.87	0.61	0.84	0.85	0.72	-0.23	0.87	0.94		0.94	RNGFX
RNGHX	0.83	0.63	0.91	0.91	0.67	-0.27	0.84	1.0	0.94		RNGHX
	AMECX	RNEBX	AMFCX	AMFFX	RNCCX	FPPPX	AMEFX	RNGGX	RNGFX	RNGHX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

High positive correlations

AMEFX	+ 1.0	AMECX
AMFFX	+ 1.0	AMFCX
RNGHX	+ 1.0	RNGGX
RNCCX	+ 0.94	AMECX
AMEFX	+ 0.94	RNCCX
RNGFX	+ 0.94	RNGGX

High negative correlations

RNGHX	- 0.27	FPPPX
RNGGX	- 0.27	FPPPX
RNGFX	- 0.23	FPPPX

Risk-Adjusted Indicators

There is a big difference between Capital Mutual Fund performing well and Capital World 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 Capital World'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
AMECX	0.32	(0.01)	(0.14)	0.08	0.31	(0.35)	0.70	(0.72)	2.01
RNEBX	0.58	0.02	(0.10)	(0.19)	0.75	(0.59)	1.29	(1.32)	3.78
AMFCX	0.44	0.07	(0.06)	(2.69)	0.39	(0.51)	0.96	(0.79)	2.41
AMFFX	0.44	0.07	(0.05)	(2.61)	0.38	(0.51)	0.93	(0.78)	2.42
RNCCX	0.26	(0.02)	(0.26)	0.04	0.27	(0.28)	0.53	(0.52)	1.42
FPPPX	0.12	(0.02)	0.00	(0.30)	0.00	0.00	0.21	(0.21)	0.84
AMEFX	0.33	(0.01)	(0.14)	0.08	0.33	(0.36)	0.70	(0.73)	2.01
RNGGX	0.69	0.11	0.01	(8.17)	0.85	(0.75)	1.78	(1.37)	4.84
RNGFX	0.69	(0.05)	(0.05)	0.05	0.98	(0.71)	1.47	(1.97)	4.06
RNGHX	0.69	0.11	0.01	(8.52)	0.85	(0.75)	1.79	(1.37)	4.85

Unable to evaluate fundamental data of [AMECX, RNEBX, AMFCX, AMFFX, RNCCX, FPPPX, AMEFX, RNGGX, RNGFX, RNGHX] at this time. Please try again later

All Fundamental Data

Capital World Competitive Analysis

The better you understand Capital World competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Capital World'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 Capital World'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

	WBFFX	AMECX	RNEBX	AMFCX	AMFFX	RNCCX	FPPPX	AMEFX	RNGGX	RNGFX
	0.06 15.90 Capital	0.43 25.74 Income	0.47 79.15 New	0.67 58.24 American	0.69 59.01 American	0.52 13.46 American	0.11 9.40 American	0.46 25.70 Income	1.07 67.72 New	1.97 66.68 New
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)	Very Weak	Modest	Very Weak	OK	OK	Weak	Very Weak	Modest	Modest	Insignificant
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	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Over Valued	Fairly 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)	Sell	Strong Hold	Strong Sell	Sell	Cautious Hold	Hold	Cautious Hold	Strong Hold	Strong Sell	Strong Hold
Net Asset	9.43 B	118.35 B	36.01 B	89.87 B	89.87 B	4.82 B	2.56 B	109.34 B	21.62 B	21.62 B
Minimum Initial Investment	N/A	N/A	N/A	N/A	N/A	N/A	N/A	250	N/A	N/A
Price To Book	N/A	2.93	2.07	3.02	3.02	2.67	N/A	2.93	2.61	2.36
Five Year Return	-1.88	7.87	5.97	10.3	11.07	6.1	N/A	8.1	13.23	13.17
One Year Return	6.81	23.81	19.15	27.85	28.71	19.39	N/A	24.09	39.79	39.7
Last Dividend Paid	0.08	0.17	0.05	0.11	0.2	0.07	0.01	0.18	N/A	N/A
Price To Earning	N/A	19.48	18.23	4.44	4.46	17.31	N/A	19.48	22.08	20.8
Price To Sales	N/A	2.18	1.65	2.06	2.06	1.77	N/A	2.18	1.34	1.23
Cash Position Weight	7.78	9.79	9.22	9.92	9.92	5.37	7.5	4.78	13.06	13.06
Equity Positions Weight	0.01	64.65	86.94	89.77	89.77	45.0	0.17	73.5	86.36	86.36
Three Year Return	-4.98	5.54	-1.57	8.08	8.82	3.78	N/A	5.77	4.38	4.33
Annual Yield	0.0052	0.0333	0.0086	0.0121	0.018	0.0351	N/A	0.0353	0.0045	0.0041
Year To Date Return	0.66	14.03	10.55	18.6	19.29	11.04	N/A	14.27	27.69	27.61
Bond Positions Weight	49.91	3.17	3.24	N/A	N/A	7.31	7.4	20.12	N/A	N/A
Ten Year Return	2.84	8.23	5.46	9.91	10.71	N/A	N/A	8.42	14.13	14.08
Daily Balance Of Power	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)
Day Typical Price	15.9	25.74	79.15	58.24	59.01	13.46	9.4	25.7	67.72	66.68
Period Momentum Indicator	0.01	(0.11)	(0.37)	(0.39)	(0.41)	(0.07)	(0.01)	(0.12)	(0.73)	(1.34)
Rate Of Daily Change	1.0	1.0	1.0	0.99	0.99	0.99	1.0	1.0	0.99	0.98
Day Median Price	15.9	25.74	79.15	58.24	59.01	13.46	9.4	25.7	67.72	66.68
Price Action Indicator	0.005	(0.06)	(0.18)	(0.20)	(0.21)	(0.04)	(0.01)	(0.06)	(0.37)	(0.67)
Coefficient Of Variation	(885.25)	874.48	3070.16	722.69	704.03	1461.63	(10,344)	884.57	779.85	1610.49
Mean Deviation	0.2726	0.3199	0.5789	0.4448	0.4447	0.2565	0.1204	0.3269	0.6909	0.6945
Jensen Alpha	(0.04)	(0.01)	0.0231	0.07	0.0724	(0.02)	(0.02)	(0.01)	0.1125	(0.05)
Total Risk Alpha	(0.09)	(0.02)	(0.08)	(0)	(0)	(0.03)	(0.03)	(0.02)	(0.01)	(0.07)
Sortino Ratio	N/A	(0.14)	(0.10)	(0.06)	(0.05)	(0.26)	N/A	(0.14)	0.0138	(0.05)
Downside Variance	N/A	0.1679	0.6464	0.2511	0.2505	0.11	N/A	0.1726	1.07	1.1
Standard Deviation	0.3445	0.4152	0.7786	0.5608	0.562	0.3223	0.1545	0.4209	0.945	0.9471
Kurtosis	0.4721	0.2022	0.6304	0.399	0.446	(0.30)	0.7726	0.127	1.08	0.942
Potential Upside	0.4356	0.7009	1.29	0.9569	0.9279	0.5259	0.213	0.7018	1.78	1.47
Treynor Ratio	0.9211	0.0807	(0.19)	(2.69)	(2.61)	0.0363	(0.30)	0.0799	(8.17)	0.0499
Maximum Drawdown	1.78	2.01	3.78	2.41	2.42	1.42	0.842	2.01	4.84	4.06
Variance	0.1187	0.1724	0.6062	0.3145	0.3159	0.1039	0.0239	0.1771	0.8929	0.897
Market Risk Adjusted Performance	0.9311	0.0907	(0.18)	(2.68)	(2.60)	0.0463	(0.29)	0.0899	(8.16)	0.0599
Risk Adjusted Performance	(0.1)	0.0781	0.0249	0.1009	0.1037	0.0382	(0.05)	0.0773	0.0987	0.0489
Skewness	(0.20)	(0.06)	(0.18)	0.2457	0.2474	(0.07)	(0.26)	(0.06)	(0.47)	(0.59)
Semi Deviation	N/A	0.3131	0.7493	0.3854	0.3816	0.2712	N/A	0.3345	0.8458	0.9836
Information Ratio	(0.42)	(0.14)	(0.10)	(0.05)	(0.05)	(0.26)	(0.70)	(0.14)	0.0152	(0.05)
Value At Risk	(0.50)	(0.72)	(1.32)	(0.79)	(0.78)	(0.52)	(0.21)	(0.73)	(1.37)	(1.97)
Expected Short fall	N/A	(0.35)	(0.59)	(0.51)	(0.51)	(0.28)	N/A	(0.36)	(0.75)	(0.71)
Downside Deviation	N/A	0.4097	0.804	0.5011	0.5005	0.3317	N/A	0.4154	1.04	1.05
Semi Variance	N/A	0.098	0.5615	0.1485	0.1456	0.0735	N/A	0.1119	0.7154	0.9675

Capital World Competition Performance Charts

Five steps to successful analysis of Capital World Competition

Capital World'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 Capital World Bond in relation to its competition. Capital World's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Capital World 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 Capital World's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Capital World Bond, 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 Capital World position

In addition to having Capital World 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.

Did You Try This Idea?

Run Compulsion Thematic Idea Now

Compulsion

Companies involved in research, development, and manufacturing of products with compulsion characteristics such as cigarettes, addictive drugs and alcohol. The Compulsion theme has 40 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 Compulsion Theme or any other thematic opportunities.

View All Next

Launch

Other Information on Investing in Capital Mutual Fund

Capital World financial ratios help investors to determine whether Capital 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 Capital with respect to the benefits of owning Capital World security.

	Analyst Advice Analyst recommendations and target price estimates broken down by several categories
	Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges
	Insider Screener Find insiders across different sectors to evaluate their impact on performance

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC