Fundamental Mutual Fund Market Value

ANCFX
 Fund
  

USD 57.91  0.57  0.97%   

Fundamental Investors' market value is the price at which a share of Fundamental Investors stock trades on a public exchange. It measures the collective expectations of Fundamental Investors Class investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Fundamental Investors Class and determine expected loss or profit from investing in Fundamental Investors over a given investment horizon. Please continue to Fundamental Investors Correlation, Fundamental Investors Volatility and Fundamental Investors Alpha and Beta module to complement your research on Fundamental Investors.
Symbol

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

Fundamental Investors 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Fundamental Investors' mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Fundamental Investors.
0.00
09/29/2021
No Change 0.00  0.0 
In 11 months and 27 days
09/24/2022
0.00
If you would invest  0.00  in Fundamental Investors on September 29, 2021 and sell it all today you would earn a total of 0.00 from holding Fundamental Investors Class or generate 0.0% return on investment in Fundamental Investors over 360 days. Fundamental Investors is related to or competes with Caterpillar. The investment seeks long-term growth of capital and income More

Fundamental Investors Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Fundamental Investors' mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Fundamental Investors Class upside and downside potential and time the market with a certain degree of confidence.

Fundamental Investors Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fundamental Investors' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fundamental Investors' standard deviation. In reality, there are many statistical measures that can use Fundamental Investors historical prices to predict the future Fundamental Investors' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Fundamental Investors' 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. Please use the tools below to analyze the current value of Fundamental Investors in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
56.7057.9159.12
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Intrinsic
Valuation
LowReal ValueHigh
57.6858.8960.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fundamental Investors. Your research has to be compared to or analyzed against Fundamental Investors' peers to derive any actionable benefits. When done correctly, Fundamental Investors' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Fundamental Investors.

Fundamental Investors Backtested Returns

Fundamental Investors secures Sharpe Ratio (or Efficiency) of -0.0502, which denotes the fund had -0.0502% of return per unit of risk over the last 3 months. Macroaxis standpoint towards predicting the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Fundamental Investors Class exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Fundamental Investors coefficient of variation of (9,032), and Mean Deviation of 0.9223 to check the risk estimate we provide.
The fund shows a Beta (market volatility) of 0.0233, which means not very significant fluctuations relative to the market. Let's try to break down what Fundamental's beta means in this case. As returns on the market increase, Fundamental Investors returns are expected to increase less than the market. However, during the bear market, the loss on holding Fundamental Investors will be expected to be smaller as well. Even though it is essential to pay attention to Fundamental Investors historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards predicting any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Fundamental Investors Class exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.39  

Below average predictability

Fundamental Investors Class has below average predictability. Overlapping area represents the amount of predictability between Fundamental Investors time series from 29th of September 2021 to 28th of March 2022 and 28th of March 2022 to 24th of September 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fundamental Investors price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Fundamental Investors price fluctuation can be explain by its past prices.
Correlation Coefficient0.39
Spearman Rank Test0.48
Residual Average0.0
Price Variance15.58

Fundamental Investors lagged returns against current returns

Autocorrelation, which is Fundamental Investors mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Fundamental Investors' mutual fund expected returns. We can calculate the autocorrelation of Fundamental Investors returns to help us make a trade decision. For example, suppose you find that Fundamental Investors mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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Fundamental Investors regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Fundamental Investors mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fundamental Investors mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fundamental Investors mutual fund over time.
   Current vs Lagged Prices   
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       Timeline  

Fundamental Investors Lagged Returns

When evaluating Fundamental Investors' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fundamental Investors mutual fund have on its future price. Fundamental Investors autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Fundamental Investors autocorrelation shows the relationship between Fundamental Investors mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fundamental Investors Class.
   Regressed Prices   
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       Timeline  

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 Fundamental Investors 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, Fundamental Investors' short interest history, or implied volatility extrapolated from Fundamental Investors options trading.

Pair Trading with Fundamental Investors

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

Moving together with Fundamental Investors

+0.85DISWalt Disney Fiscal Year End 9th of November 2022 PairCorr
The ability to find closely correlated positions to Fundamental Investors could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fundamental Investors 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 Fundamental Investors - 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 Fundamental Investors Class to buy it.
The correlation of Fundamental Investors 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 Fundamental Investors moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fundamental Investors 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 Fundamental Investors 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 Fundamental Investors Correlation, Fundamental Investors Volatility and Fundamental Investors Alpha and Beta module to complement your research on Fundamental Investors. Note that the Fundamental Investors information on this page should be used as a complementary analysis to other Fundamental Investors' 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for Fundamental Mutual Fund analysis

When running Fundamental Investors price analysis, check to measure Fundamental Investors' 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 Fundamental Investors is operating at the current time. Most of Fundamental Investors' value examination focuses on studying past and present price action to predict the probability of Fundamental Investors' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Fundamental Investors' price. Additionally, you may evaluate how the addition of Fundamental Investors to your portfolios can decrease your overall portfolio volatility.
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Fundamental Investors technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Fundamental Investors technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fundamental Investors trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...