American Etf Profile

QCON
 Etf
  

USD 38.41  1.43  3.59%   

Market Performance
0 of 100
Odds Of Distress
Over 59
American Century is selling for 38.41 as of the 5th of October 2022. This is a -3.59 percent decrease since the beginning of the trading day. The etf's open price was 39.84. American Century has over 59 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for American Century ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of August 2022 and ending today, the 5th of October 2022. Click here to learn more.
Under normal market conditions, the portfolio managers will invest at least 80 percent of the funds net assets, plus any borrowings for investment purposes, in convertible securities. American Century is traded on NYSEArca Exchange in the United States. More on American Century ETF

Moving together with American Century

+0.91GEGeneral Electric Earnings Call  In Two WeeksPairCorr

Moving against American Century

-0.66CLDSDirexion Daily Cloud DelistingPairCorr

American Century Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. American Century's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding American Century or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
American Century ETF generated a negative expected return over the last 90 days
American Century ETF has high likelihood to experience some financial distress in the next 2 years
On 7th of September 2022 American Century paid $ 0.0787 per share dividend to its current shareholders
The fund maintains most of the assets in different exotic instruments.
Thematic IdeaConvertibles (view all)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of American Century's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
IssuerAmerican Century Investments
Inception Date2021-02-16
Entity TypeRegulated Investment Company
Asset Under Management23.11 Million
Asset TypeFixed Income
CategoryCorporate
FocusBroad Market
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorAmerican Century Services, LLC
AdvisorAmerican Century Investment Management, Inc.
CustodianState Street Bank and Trust Company
DistributorForeside Fund Services, LLC
Portfolio ManagerRene P. Casis, Hitesh Patel
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Aug
ExchangeCboe BZX Exchange, Inc.
Number of Constituents150
Market MakerJane Street
Total Expense0.32
Management Fee0.32
Nav Price41.72
Two Hundred Day Average43.39
Ytd-15.84%
Average Daily Volume In Three Month793
Fifty Two Week Low38.29
As Of Date22nd of July 2022
Average Daily Volume Last 10 Day640
Fifty Two Week High50.24
One Month3.25%
Fifty Day Average41.11
Three Month-7.50%
American Century ETF [QCON] is traded in USA and was established 2021-02-16. The fund is listed under Convertibles category and is part of American Century Investments family. The entity is thematically classified as Convertibles. American Century ETF at this time have 23.81 M in assets. , while the total return for the last year was -12.47%.
Check American Century Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on American Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding American Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as American Century ETF Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top American Century ETF Constituents

American Century Target Price Odds Analysis

Proceeding from a normal probability distribution, the odds of American Century jumping above the current price in 90 days from now is about 98.0%. The American Century ETF probability density function shows the probability of American Century etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days American Century has a beta of 0.6213 indicating as returns on the market go up, American Century average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding American Century ETF will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0171, implying that it can generate a 0.0171 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 38.41HorizonTargetOdds Above 38.41
2.18%90 days
 38.41 
97.77%
Based on a normal probability distribution, the odds of American Century to move above the current price in 90 days from now is about 98.0 (This American Century ETF probability density function shows the probability of American Etf to fall within a particular range of prices over 90 days) .

American Century Top Holders

American Century Major Institutional Holders

Institutional Holdings refers to the ownership stake in American Century that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of American Century's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing American Century's value.
InstituionSecurity TypeTotal SharesValue
Envestnet Asset Management IncFund Units399.5 K15.9 M
View American Century Diagnostics

American Century ETF Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. American Century market risk premium is the additional return an investor will receive from holding American Century long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in American Century. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although American Century's alpha and beta are two of the key measurements used to evaluate American Century's performance over the market, the standard measures of volatility play an important role as well.

American Century ETF Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. American Century ETF Tanh Of Price Series is a hyperbolic price transformation function.
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American Century Against Markets

Picking the right benchmark for American Century etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in American Century etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for American Century is critical whether you are bullish or bearish towards American Century ETF at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in American Century without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in American Century ETF?

The danger of trading American Century ETF is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of American Century is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than American Century. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile American Century ETF is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please see Your Equity Center. You can also try Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running American Century ETF price analysis, check to measure American Century'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 Century is operating at the current time. Most of American Century's value examination focuses on studying past and present price action to predict the probability of American Century's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move American Century's price. Additionally, you may evaluate how the addition of American Century to your portfolios can decrease your overall portfolio volatility.
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The market value of American Century ETF is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Century's value that differs from its market value or its book value, called intrinsic value, which is American Century's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Century's market value can be influenced by many factors that don't directly affect American Century's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.