CAPITAL Mutual Fund Market Value

RIREX
 Fund
  

USD 63.71  1.39  2.14%   

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

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

CAPITAL INCOME '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 CAPITAL INCOME'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 CAPITAL INCOME.
0.00
11/02/2022
No Change 0.00  0.0 
In 31 days
12/02/2022
0.00
If you would invest  0.00  in CAPITAL INCOME on November 2, 2022 and sell it all today you would earn a total of 0.00 from holding CAPITAL INCOME BUILDER or generate 0.0% return on investment in CAPITAL INCOME over 30 days. CAPITAL INCOME is related to or competes with Coca Cola, Mitsubishi UFJ, SPDR SP, Scheid Vineyards, Galxe, and Gold Fields. The investment seeks to provide a level of current income that exceeds the average yield on U.S More

CAPITAL INCOME 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 CAPITAL INCOME'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 CAPITAL INCOME BUILDER upside and downside potential and time the market with a certain degree of confidence.

CAPITAL INCOME Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for CAPITAL INCOME's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CAPITAL INCOME's standard deviation. In reality, there are many statistical measures that can use CAPITAL INCOME historical prices to predict the future CAPITAL INCOME's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of CAPITAL INCOME'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 CAPITAL INCOME in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
62.6463.7164.78
Details
Intrinsic
Valuation
LowReal ValueHigh
62.0263.0964.16
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CAPITAL INCOME. Your research has to be compared to or analyzed against CAPITAL INCOME's peers to derive any actionable benefits. When done correctly, CAPITAL INCOME'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 CAPITAL INCOME BUILDER.

CAPITAL INCOME BUILDER Backtested Returns

We consider CAPITAL INCOME very steady. CAPITAL INCOME BUILDER secures Sharpe Ratio (or Efficiency) of 0.0934, which signifies that the fund had 0.0934% of return per unit of risk over the last 3 months. Our approach towards 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 CAPITAL INCOME BUILDER, which you can use to evaluate the future volatility of the entity. Please confirm CAPITAL INCOME BUILDER Coefficient Of Variation of 1454.9, semi deviation of 0.8835, and Mean Deviation of 0.826 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%.
The entity shows a Beta (market volatility) of 0.6912, which signifies possible diversification benefits within a given portfolio. Let's try to break down what CAPITAL's beta means in this case. As returns on the market increase, CAPITAL INCOME returns are expected to increase less than the market. However, during the bear market, the loss on holding CAPITAL INCOME will be expected to be smaller as well. Although it is important to respect CAPITAL INCOME BUILDER historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The approach towards 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 examining CAPITAL INCOME BUILDER technical indicators, you can right now evaluate if the expected return of 0.1% will be sustainable into the future.

Auto-correlation

    
  0.69  

Good predictability

CAPITAL INCOME BUILDER has good predictability. Overlapping area represents the amount of predictability between CAPITAL INCOME time series from 2nd of November 2022 to 17th of November 2022 and 17th of November 2022 to 2nd of December 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 CAPITAL INCOME BUILDER price movement. The serial correlation of 0.69 indicates that around 69.0% of current CAPITAL INCOME price fluctuation can be explain by its past prices.
Correlation Coefficient0.69
Spearman Rank Test0.77
Residual Average0.0
Price Variance0.48

CAPITAL INCOME BUILDER lagged returns against current returns

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

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

CAPITAL INCOME Lagged Returns

When evaluating CAPITAL INCOME's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CAPITAL INCOME mutual fund have on its future price. CAPITAL INCOME 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, CAPITAL INCOME autocorrelation shows the relationship between CAPITAL INCOME mutual fund current value and its past values and can show if there is a momentum factor associated with investing in CAPITAL INCOME BUILDER.
   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 CAPITAL INCOME 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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Price Transformation

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Currently Active Assets on Macroaxis

Additionally, take a look at CAPITAL INCOME Correlation, CAPITAL INCOME Volatility and CAPITAL INCOME Alpha and Beta module to complement your research on CAPITAL INCOME. Note that the CAPITAL INCOME BUILDER information on this page should be used as a complementary analysis to other CAPITAL INCOME'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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for CAPITAL Mutual Fund analysis

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