American Funds Financials

CENAX Fund  USD 9.53  0.06  0.63%   
You can use American Funds Lege fundamental data analysis to find out if markets are presently mispricing the fund. We were able to analyze thirteen available fundamental indicators for American Funds Lege, which can be compared to its peers. The fund experiences a moderate downward daily trend and can be a good diversifier. Check odds of American Funds to be traded at $9.34 in 90 days.
  
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.

American Funds Fund Summary

American Funds competes with Income Fund, New World, American Mutual, American Mutual, and American Funds. The adviser will attempt to achieve its investment objective by principally investing in a mix of American Funds fixed income funds that seek current income through investments in bonds or in other fixed income instruments. The fund may invest in growth-and-income funds, equity-income funds and balanced funds to a limited extent. It is designed for investors who are withdrawing funds to meet higher education expenses.
Specialization
Short-Term Bond, Large Value
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
ISINUS02629M6451
Business AddressAmerican Funds College
Mutual Fund FamilyAmerican Funds
Mutual Fund CategoryShort-Term Bond
BenchmarkDow Jones Industrial
Phone800 421 4225
CurrencyUSD - US Dollar

American Funds Key Financial Ratios

American Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining American Funds's current stock value. Our valuation model uses many indicators to compare American Funds value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across American Funds competition to find correlations between indicators driving American Funds's intrinsic value. More Info.
American Funds Lege is the top fund in annual yield among similar funds. It also is the top fund in year to date return among similar funds creating about  147.75  of Year To Date Return per Annual Yield. 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 Funds' earnings, one of the primary drivers of an investment's value.

American Funds Lege Systematic Risk

American Funds' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. American Funds volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on American Funds Lege correlated with the market. If Beta is less than 0 American Funds generally moves in the opposite direction as compared to the market. If American Funds Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one American Funds Lege is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of American Funds is generally in the same direction as the market. If Beta > 1 American Funds moves generally in the same direction as, but more than the movement of the benchmark.
American Funds Lege is the top fund in net asset among similar funds. Total Asset Under Management (AUM) of Short-Term Bond category is currently estimated at about 516.95 Billion. American Funds adds roughly 1.25 Billion in net asset claiming only tiny portion of funds listed under Short-Term Bond category.

American Funds December 20, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of American Funds help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of American Funds Lege. We use our internally-developed statistical techniques to arrive at the intrinsic value of American Funds Lege based on widely used predictive technical indicators. In general, we focus on analyzing American Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build American Funds's daily price indicators and compare them against related drivers.

Other Information on Investing in American Mutual Fund

American Funds financial ratios help investors to determine whether American 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 American with respect to the benefits of owning American Funds security.
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