AMERICAN FUNDS Mutual Fund Forecast - Period Momentum Indicator

AAATX
 Fund
  

USD 11.19  0.01  0.09%   

AMERICAN Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast AMERICAN FUNDS historical stock prices and determine the direction of AMERICAN FUNDS 2010's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of AMERICAN FUNDS historical fundamentals such as revenue growth or operating cash flow patterns.
Please continue to Historical Fundamental Analysis of AMERICAN FUNDS to cross-verify your projections.
  
On December 20, 2021 AMERICAN FUNDS 2010 had Period Momentum Indicator of (0.94).
Most investors in AMERICAN FUNDS cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the AMERICAN FUNDS's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets AMERICAN FUNDS's price structures and extracts relationships that further increase the generated results' accuracy.
Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
  Previous Period Momentum IndicatorPeriod Momentum IndicatorTrend
(0.98)(0.94)
Check AMERICAN FUNDS VolatilityBacktest AMERICAN FUNDSTrend Details  

AMERICAN FUNDS Trading Date Momentum

On December 21 2021 AMERICAN FUNDS 2010 was traded for  12.19  at the closing time. The highest daily price throughout the period was 12.65  and the lowest price was  12.65 . There was no trading activity during the period 1.0. Lack of trading volume on 12/21/2021 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.49% . The overall trading delta to current closing price is 1.57% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for AMERICAN FUNDS

For every potential investor in AMERICAN, whether a beginner or expert, AMERICAN FUNDS's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. AMERICAN Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in AMERICAN. Basic forecasting techniques help filter out the noise by identifying AMERICAN FUNDS's price trends.

AMERICAN FUNDS Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with AMERICAN FUNDS mutual fund to make a market-neutral strategy. Peer analysis of AMERICAN FUNDS could also be used in its relative valuation, which is a method of valuing AMERICAN FUNDS by comparing valuation metrics with similar companies.
FIDELITY FREEDOM 2010JPMorgan ChaseBarloworld ADRPINNACLE SHERMAN MULEverestScheid VineyardsBondbloxx ETF TrustOrea Mining CorpGlobal X FundsFT Cboe VestAMN Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGlobal X NASDAQFRANKLIN MUTUAL EUROPEAN
 Risk & Return  Correlation

AMERICAN FUNDS 2010 Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of AMERICAN FUNDS's price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of AMERICAN FUNDS's current price.

AMERICAN FUNDS Risk Indicators

The analysis of AMERICAN FUNDS's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in AMERICAN FUNDS's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting AMERICAN FUNDS stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AMERICAN FUNDS in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AMERICAN FUNDS's short interest history, or implied volatility extrapolated from AMERICAN FUNDS options trading.

Pair Trading with AMERICAN FUNDS

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 FUNDS 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 FUNDS will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to AMERICAN FUNDS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AMERICAN FUNDS 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 AMERICAN FUNDS - 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 AMERICAN FUNDS 2010 to buy it.
The correlation of AMERICAN FUNDS is a statistical measure of how it moves in relation to other equities. 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 AMERICAN FUNDS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AMERICAN FUNDS 2010 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 AMERICAN FUNDS 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.
Pair CorrelationCorrelation Matching
Please continue to Historical Fundamental Analysis of AMERICAN FUNDS to cross-verify your projections. You can also try Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running AMERICAN FUNDS 2010 price analysis, check to measure AMERICAN FUNDS'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 AMERICAN FUNDS is operating at the current time. Most of AMERICAN FUNDS's value examination focuses on studying past and present price action to predict the probability of AMERICAN FUNDS's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move AMERICAN FUNDS's price. Additionally, you may evaluate how the addition of AMERICAN FUNDS to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between AMERICAN FUNDS's value and its price as these two are different measures arrived at by different means. Investors typically determine AMERICAN FUNDS value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMERICAN FUNDS'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.