American Price to Book

AAARX
 Fund
  

USD 6.47  0.14  2.12%   

American Century Strategic fundamentals help investors to digest information that contributes to American Century'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 Century'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 Century mutual fund.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

American Price to Book Analysis

American Century's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
P/B 
 = 
MV Per Share 
BV Per Share 
More About Price to Book | All Equity Analysis

Current American Century Price to Book

    
  2.44 X  
Most of American Century's fundamental indicators, such as Price to Book, 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 Century Strategic is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Compare to competition

American Century Price to Book Component Assessment

Based on the latest financial disclosure, the price to book indicator of American Century Strategic is roughly 2.44 times. This is much higher than that of the Category family and significantly higher than that of the Family category. The price to book for all United States funds is notably lower than that of the firm.

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Fund Asset Allocation for American Century

The fund consists of 76.87% investments in stocks, with the rest of investments allocated between bonds, cashand various exotic instruments.
   Value   
       Instrument Type  

American Fundamentals

About American Century Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze American Century Strategic's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of American Century using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of American Century Strategic based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
The investment seeks the highest level of total return consistent with its asset mix. American Century is traded on NASDAQ Exchange in the United States.
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 Century 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 Century's short interest history, or implied volatility extrapolated from American Century options trading.

Pair Trading with American Century

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 Century 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 Century will appreciate offsetting losses from the drop in the long position's value.

Moving together with American Century

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The ability to find closely correlated positions to American Century 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 Century 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 Century - 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 Century Strategic to buy it.
The correlation of American Century 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 Century moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Century Str 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 Century 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 American Century Piotroski F Score and American Century Altman Z Score analysis. You can also try Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Please note, there is a significant difference between American Century's value and its price as these two are different measures arrived at by different means. Investors typically determine American Century value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Century'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.