American Century Cash Position Weight vs. One Year Return

AAAIX
 Fund
  

USD 7.33  0.08  1.10%   

For American Century profitability analysis, we use financial ratios and fundamental drivers that measure the ability of American Century to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well American Century Strategic utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between American Century's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of American Century Strategic over time as well as its relative position and ranking within its peers. Please continue to Trending Equities.
  
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.

American Century Str One Year Return vs. Cash Position Weight Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining American Century's current stock value. Our valuation model uses many indicators to compare American Century value to that of its competitors to determine the firm's financial worth.
American Century Strategic is the top fund in cash position weight among similar funds. It is the top fund in one year return among similar funds reporting about  1.19  of One Year Return per Cash Position Weight. . Comparative valuation analysis is a catch-all model that can be used if you cannot value American Century by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for American Century's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the American Century's earnings, one of the primary drivers of an investment's value.

American One Year Return vs. Cash Position Weight

Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
American Century 
Cash Percentage 
 = 
% of Cash 
 
in the fund 
6.51 %
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
American Century 
One Year Return 
 = 
(Mean of Monthly Returns - 1) 
X  
100% 
7.75 %
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

American Century Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in American Century, profitability is also one of the essential criteria for including it into their portfolios because, without profit, American Century will eventually generate negative long term returns. The profitability progress is the general direction of American Century's change in net profit over the period of time. It can combine multiple indicators of American Century, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The funds asset allocation strategy diversifies investments among equity securities, bonds and money market instruments. American Century is traded on NASDAQ Exchange in the United States.

American Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on American Century. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of American Century position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the American Century's important profitability drivers and their relationship over time.

Use American Century in pair-trading

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.

American Century Pair Trading

American Century Strategic Pair Trading Analysis

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

Use Investing Themes to Complement your American Century position

In addition to having American Century in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Junk Bonds Thematic Idea Now

Junk Bonds
Junk Bonds Theme
Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. The Junk Bonds theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Junk Bonds Theme or any other thematic opportunities.
View All  Next Launch
Please continue to Trending Equities. Note that the American Century Str information on this page should be used as a complementary analysis to other American Century'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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for American Mutual Fund analysis

When running American Century Str 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.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
To fully project American Century's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of American Century Str at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include American Century's income statement, its balance sheet, and the statement of cash flows.
Potential American Century investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although American Century investors may work on each financial statement separately, they are all related. The changes in American Century's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on American Century's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.