Short Term Competition

CFAMX Fund

USD 9.52 0.01 0.11%

Short Term Bond competes with Income Fund, New World, American Mutual, American Mutual, and American Funds; as well as few others. The fund is listed under Short-Term Bond category and is part of American Funds family. Analyzing Short Term competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Short Term to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Short Term Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Short Term competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
9.40	9.52	9.64

Details

Intrinsic

Valuation

Low	Real	High
9.31	9.43	9.55

Details

Short Term Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Short Term and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Short and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Short Term Bond does not affect the price movement of the other competitor.

	AMECX	RNEBX	AMFCX	AMFFX	RNCCX	FPPPX	AMEFX	RNGGX	RNGFX	RNGHX
AMECX		0.43	0.94	0.94	0.69	0.11	1.0	0.68	0.68	0.68	AMECX
RNEBX	0.43		0.36	0.35	0.53	0.54	0.43	0.13	0.12	0.13	RNEBX
AMFCX	0.94	0.36		1.0	0.72	0.03	0.94	0.79	0.79	0.79	AMFCX
AMFFX	0.94	0.35	1.0		0.72	0.02	0.94	0.8	0.8	0.8	AMFFX
RNCCX	0.69	0.53	0.72	0.72		0.55	0.69	0.61	0.61	0.61	RNCCX
FPPPX	0.11	0.54	0.03	0.02	0.55		0.11	-0.15	-0.15	-0.14	FPPPX
AMEFX	1.0	0.43	0.94	0.94	0.69	0.11		0.69	0.68	0.69	AMEFX
RNGGX	0.68	0.13	0.79	0.8	0.61	-0.15	0.69		1.0	1.0	RNGGX
RNGFX	0.68	0.12	0.79	0.8	0.61	-0.15	0.68	1.0		1.0	RNGFX
RNGHX	0.68	0.13	0.79	0.8	0.61	-0.14	0.69	1.0	1.0		RNGHX
	AMECX	RNEBX	AMFCX	AMFFX	RNCCX	FPPPX	AMEFX	RNGGX	RNGFX	RNGHX

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High positive correlations

AMEFX	+ 1.0	AMECX
AMFFX	+ 1.0	AMFCX
RNGFX	+ 1.0	RNGGX
RNGHX	+ 1.0	RNGGX
RNGHX	+ 1.0	RNGFX
AMFCX	+ 0.94	AMECX

High negative correlations

RNGFX	- 0.15	FPPPX
RNGGX	- 0.15	FPPPX
RNGHX	- 0.14	FPPPX

Risk-Adjusted Indicators

There is a big difference between Short Mutual Fund performing well and Short Term Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Short Term's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
AMECX	0.39	(0.11)	(0.19)	0.66	(0.72)	5.01
RNEBX	0.56	(0.11)	(0.31)	1.00	(1.32)	5.40
AMFCX	0.50	(0.12)	(0.14)	0.84	(0.88)	6.86
AMFFX	0.50	(0.12)	(0.13)	0.83	(0.86)	6.99
RNCCX	0.25	(0.04)	(0.10)	0.52	(0.52)	2.14
FPPPX	0.11	(0.02)	(1.68)	0.21	(0.21)	0.75
AMEFX	0.39	(0.11)	(0.19)	0.66	(0.73)	5.05
RNGGX	0.82	(0.10)	(0.08)	1.35	(1.96)	11.08
RNGFX	0.82	(0.10)	(0.08)	1.35	(1.97)	11.00
RNGHX	0.82	(0.10)	(0.08)	1.34	(1.97)	11.07

Unable to evaluate fundamental data of [AMECX, RNEBX, AMFCX, AMFFX, RNCCX, FPPPX, AMEFX, RNGGX, RNGFX, RNGHX] at this time. Please try again later

All Fundamental Data

Short Term Competitive Analysis

The better you understand Short Term competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Short Term's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Short Term's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	CFAMX	AMECX	RNEBX	AMFCX	AMFFX	RNCCX	FPPPX	AMEFX	RNGGX	RNGFX
	0.11 9.52 Short	0.79 24.37 Income	0.14 76.04 New	1.00 54.28 American	1.01 54.98 American	0.60 13.42 American	0.11 9.41 American	0.79 24.33 Income	0.71 62.27 New	0.72 62.60 New
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Over Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Hold	Strong Buy	Strong Buy	Strong Buy	Strong Buy	Strong Buy	Strong Hold	Strong Buy	Strong Buy	Strong Buy
Net Asset	6.19 B	118.35 B	36.01 B	89.87 B	89.87 B	4.82 B	2.56 B	109.34 B	21.62 B	21.62 B
Minimum Initial Investment	N/A	N/A	N/A	N/A	N/A	N/A	N/A	250	N/A	N/A
Price To Book	N/A	2.93	2.07	3.02	3.02	2.67	N/A	2.93	2.61	2.36
Five Year Return	1.57	7.31	4.43	9.38	10.14	5.7	N/A	7.53	12.65	12.5
One Year Return	4.8	15.52	9.28	18.18	19.0	12.56	N/A	15.76	32.2	31.08
Last Dividend Paid	N/A	0.17	0.05	0.11	0.2	0.07	0.01	0.18	N/A	N/A
Price To Earning	N/A	19.48	18.23	4.44	4.46	17.31	N/A	19.48	22.08	20.8
Price To Sales	N/A	2.18	1.65	2.06	2.06	1.77	N/A	2.18	1.34	1.23
Cash Position Weight	11.47	9.79	9.22	9.92	9.92	5.37	7.5	4.78	13.06	13.06
Equity Positions Weight	N/A	64.65	86.94	89.77	89.77	45.0	0.17	73.5	86.36	86.36
Three Year Return	1.52	5.39	-0.0565	6.95	7.69	3.77	N/A	5.6	7.34	6.31
Annual Yield	0.0017	0.0326	0.0087	0.0117	0.0174	0.0345	N/A	0.0345	0.0044	0.004
Year To Date Return	4.39	13.2	6.68	16.79	17.57	10.71	N/A	13.44	30.54	28.87
Bond Positions Weight	9.04	3.17	3.24	N/A	N/A	7.31	7.4	20.12	N/A	N/A
Ten Year Return	1.32	8.23	5.46	9.91	10.71	N/A	N/A	8.42	14.13	14.08
Daily Balance Of Power	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T
Day Typical Price	9.52	24.37	76.04	54.28	54.98	13.42	9.41	24.33	62.27	62.6
Period Momentum Indicator	0.01	0.19	0.11	0.54	0.55	0.08	0.01	0.19	0.44	0.45
Rate Of Daily Change	1.0	1.01	1.0	1.01	1.01	1.01	1.0	1.01	1.01	1.01
Day Median Price	9.52	24.37	76.04	54.28	54.98	13.42	9.41	24.33	62.27	62.6
Price Action Indicator	0.005	0.095	0.055	0.27	0.27	0.04	0.005	0.095	0.22	0.23
Coefficient Of Variation	(1,482)	(802.18)	(837.91)	(944.62)	(966.91)	(1,521)	(1,039)	(807.90)	(2,067)	(2,087)
Mean Deviation	0.0748	0.3859	0.5639	0.4998	0.4997	0.2528	0.1107	0.392	0.8237	0.8237
Jensen Alpha	(0.02)	(0.11)	(0.11)	(0.12)	(0.12)	(0.04)	(0.02)	(0.11)	(0.10)	(0.10)
Total Risk Alpha	(0.02)	(0.11)	(0.13)	(0.12)	(0.12)	(0.04)	(0.03)	(0.11)	(0.12)	(0.12)
Standard Deviation	0.1166	0.6789	0.8134	0.8589	0.8695	0.3486	0.1487	0.6846	1.44	1.43
Kurtosis	3.03	19.69	4.1	17.47	18.26	5.47	2.02	19.74	23.14	22.7
Potential Upside	0.2103	0.6587	1.0	0.8397	0.8287	0.5151	0.2121	0.6594	1.35	1.35
Treynor Ratio	(3.88)	(0.19)	(0.31)	(0.14)	(0.13)	(0.1)	(1.68)	(0.19)	(0.08)	(0.08)
Maximum Drawdown	0.7306	5.01	5.4	6.86	6.99	2.14	0.745	5.05	11.08	11.0
Variance	0.0136	0.461	0.6617	0.7378	0.756	0.1215	0.0221	0.4687	2.07	2.05
Market Risk Adjusted Performance	(3.87)	(0.18)	(0.30)	(0.13)	(0.12)	(0.09)	(1.67)	(0.18)	(0.07)	(0.07)
Risk Adjusted Performance	(0.11)	(0.10)	(0.09)	(0.08)	(0.08)	(0.06)	(0.12)	(0.1)	(0.03)	(0.03)
Skewness	(0.18)	(3.64)	(1.15)	(3.15)	(3.25)	(1.39)	(0.18)	(3.63)	(4.00)	(3.95)
Information Ratio	(0.34)	(0.17)	(0.16)	(0.14)	(0.14)	(0.16)	(0.31)	(0.17)	(0.07)	(0.07)
Value At Risk	(0.11)	(0.72)	(1.32)	(0.88)	(0.86)	(0.52)	(0.21)	(0.73)	(1.96)	(1.97)

Short Term Competition Performance Charts

Five steps to successful analysis of Short Term Competition

Short Term's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Short Term Bond in relation to its competition. Short Term's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Short Term in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Short Term's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Short Term Bond, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Short Term position

In addition to having Short Term 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.

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Other Information on Investing in Short Mutual Fund

Short Term financial ratios help investors to determine whether Short Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Short with respect to the benefits of owning Short Term security.

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