American Mutual Fund Market Value

AMPAX
 Fund
  

USD 18.19  0.01  0.06%   

American Beacon's market value is the price at which a share of American Beacon stock trades on a public exchange. It measures the collective expectations of American Beacon Mid-Cap investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of American Beacon Mid-Cap and determine expected loss or profit from investing in American Beacon over a given investment horizon. Please continue to American Beacon Hype Analysis, American Beacon Correlation, Portfolio Optimization, American Beacon Volatility, as well as analyze American Beacon Alpha and Beta and American Beacon Performance.
Symbol

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

American Beacon '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 American Beacon's 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 American Beacon.
0.00
08/26/2020
No Change 0.00  0.0 
In 1 year 11 months and 21 days
08/16/2022
0.00
If you would invest  0.00  in American Beacon on August 26, 2020 and sell it all today you would earn a total of 0.00 from holding American Beacon Mid-Cap or generate 0.0% return on investment in American Beacon over 720 days. American Beacon is related to or competes with Caterpillar. The investment seeks long-term capital appreciation and current incomeMore

American Beacon 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 American Beacon's 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 American Beacon Mid-Cap upside and downside potential and time the market with a certain degree of confidence.

American Beacon Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for American Beacon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Beacon's standard deviation. In reality, there are many statistical measures that can use American Beacon historical prices to predict the future American Beacon's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of American Beacon's 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 American Beacon in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.000.001.61
Details
Intrinsic
Valuation
LowReal ValueHigh
0.000.001.61
Details
Naive
Forecast
LowNext ValueHigh
16.8018.4120.03
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.5216.7618.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as American Beacon. Your research has to be compared to or analyzed against American Beacon's peers to derive any actionable benefits. When done correctly, American Beacon's 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 American Beacon Mid-Cap.

American Beacon Mid-Cap Backtested Returns

We consider American Beacon out of control. American Beacon Mid-Cap secures Sharpe Ratio (or Efficiency) of 0.0471, which signifies that the fund had 0.0471% of return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for American Beacon Mid-Cap, which you can use to evaluate the future volatility of the entity. Please confirm American Beacon Mid-Cap risk adjusted performance of 0.0804, and Mean Deviation of 1.21 to double-check if the risk estimate we provide is consistent with the expected return of 0.0737%.
The fund shows a Beta (market volatility) of 1.2071, which signifies a somewhat significant risk relative to the market. Let's try to break down what American's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, American Beacon will likely underperform. Although it is important to respect American Beacon Mid-Cap historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy in foreseeing future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing American Beacon Mid-Cap technical indicators, you can presently evaluate if the expected return of 0.0737% will be sustainable into the future.

Auto-correlation

    
  -0.4  

Poor reverse predictability

American Beacon Mid-Cap has poor reverse predictability. Overlapping area represents the amount of predictability between American Beacon time series from 26th of August 2020 to 21st of August 2021 and 21st of August 2021 to 16th of August 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 American Beacon Mid-Cap price movement. The serial correlation of -0.4 indicates that just about 40.0% of current American Beacon price fluctuation can be explain by its past prices.
Correlation Coefficient-0.4
Spearman Rank Test-0.47
Residual Average0.0
Price Variance0.8

American Beacon Mid-Cap lagged returns against current returns

Autocorrelation, which is American Beacon 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 American Beacon's mutual fund expected returns. We can calculate the autocorrelation of American Beacon returns to help us make a trade decision. For example, suppose you find that American Beacon 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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       Timeline  

American Beacon 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 American Beacon mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Beacon mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Beacon mutual fund over time.
   Current vs Lagged Prices   
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       Timeline  

American Beacon Lagged Returns

When evaluating American Beacon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Beacon mutual fund have on its future price. American Beacon 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, American Beacon autocorrelation shows the relationship between American Beacon mutual fund current value and its past values and can show if there is a momentum factor associated with investing in American Beacon Mid-Cap.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in American Beacon without increasing your portfolio risk or giving up 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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Pair Trading with American Beacon

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

Moving together with American Beacon

0.88JPMJP Morgan Chase Fiscal Year End 13th of January 2023 PairCorr
0.67HDHome Depot Earnings Call  TodayPairCorr
The ability to find closely correlated positions to American Beacon 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 Beacon 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 Beacon - 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 Beacon Mid-Cap to buy it.
The correlation of American Beacon 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 Beacon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Beacon Mid-Cap 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 Beacon 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 Beacon Hype Analysis, American Beacon Correlation, Portfolio Optimization, American Beacon Volatility, as well as analyze American Beacon Alpha and Beta and American Beacon Performance. Note that the American Beacon Mid-Cap information on this page should be used as a complementary analysis to other American Beacon's 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 Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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When running American Beacon Mid-Cap price analysis, check to measure American Beacon'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 Beacon is operating at the current time. Most of American Beacon's value examination focuses on studying past and present price action to predict the probability of American Beacon's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move American Beacon's price. Additionally, you may evaluate how the addition of American Beacon to your portfolios can decrease your overall portfolio volatility.
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American Beacon 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, stock market cycles, or different charting patterns.
A focus of American Beacon technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of American Beacon 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...