American Mutual Fund Alpha and Beta Analysis

AAAIX -  USA Fund  

USD 6.67  0.18  2.63%

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as American Century Strategic. It also helps investors analyze the systematic and unsystematic risks associated with investing in American Century over a specified time horizon. Remember, high American Century's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please continue to American Century Backtesting, Portfolio Optimization, American Century Correlation, American Century Hype Analysis, American Century Volatility, American Century History and analyze American Century Performance.
  
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Please note that although American Century alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, American Century did 0.045912  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of American Century Strategic fund's relative risk over its benchmark. American Century Str has a beta of 0.88  . Let's try to break down what American's beta means in this case. American Century returns are very sensitive to returns on the market. As the market goes up or down, American Century is expected to follow.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

American Century Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible 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. Alpha and beta are two of the key measurements used to evaluate American Century's performance over market.
α-0.05   β0.88
90 days against DJI

American Century expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of American Century's Buy-and-hold return. Our buy-and-hold chart shows how American Century performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

American Century Market Price Analysis

Market price analysis indicators help investors to evaluate how American Century mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading American Century shares will generate the highest return on investment. By understating and applying American Century mutual fund market price indicators, traders can identify American Century position entry and exit signals to maximize returns.

American Century Return and Market Media

The median price of American Century for the period between Sun, Mar 27, 2022 and Sat, Jun 25, 2022 is 7.24 with a coefficient of variation of 4.72. The daily time series for the period is distributed with a sample standard deviation of 0.34, arithmetic mean of 7.24, and mean deviation of 0.28. The Fund received some media coverage during the period.
 Price Growth (%)  
      Timeline 
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About American Century Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in American Century Str has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

American Century Investors Sentiment

The influence of American Century's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in American. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
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 American Century 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, American Century's short interest history, or implied volatility extrapolated from American Century options trading.

Current Sentiment - AAAIX

American Century Str Investor Sentiment

Most of Macroaxis users are presently bullish on American Century Strategic. What is your sentiment towards investing in American Century Strategic? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

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Please continue to American Century Backtesting, Portfolio Optimization, American Century Correlation, American Century Hype Analysis, American Century Volatility, American Century History and analyze American Century Performance. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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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.
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American Century 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 Century technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of American Century 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...