American Mutual Fund Price on November 7, 2024
| CMLAX Fund | USD 54.57 0.05 0.09% |
Below is the normalized historical share price chart for American Mutual Fund extending back to March 12, 2002. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of American Mutual stands at 54.57, as last reported on the 21st of December, with the highest price reaching 54.57 and the lowest price hitting 54.57 during the day.
If you're considering investing in American Mutual Fund, it is important to understand the factors that can impact its price. American Mutual secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the fund had a -0.13% return per unit of standard deviation over the last 3 months. American Mutual Fund exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm American Mutual's mean deviation of 0.4996, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide.
American Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
American |
Sharpe Ratio = -0.1316
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| Negative Returns | CMLAX |
Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average American Mutual is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of American Mutual by adding American Mutual to a well-diversified portfolio.
American Mutual Valuation on November 7, 2024
It is possible to determine the worth of American Mutual on a given historical date. On November 7, 2024 American was worth 59.79 at the beginning of the trading date compared to the closed value of 59.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of American Mutual mutual fund. Still, in general, we apply an absolute valuation method to find American Mutual's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of American Mutual where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against American Mutual's related companies.
| Open | High | Low | Close | Volume | |
| 59.61 | 59.61 | 59.61 | 59.61 | 1.00 | |
11/07/2024 | 59.79 | 59.79 | 59.79 | 59.79 | 1.00 |
| 60.10 | 60.10 | 60.10 | 60.10 | 1.00 |
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American Mutual Trading Date Momentum on November 7, 2024
| On November 08 2024 American Mutual Fund was traded for 60.10 at the closing time. The highest daily price throughout the period was 60.10 and the lowest price was 60.10 . There was no trading activity during the period 1.0. Lack of trading volume on 11/08/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.52% . The overall trading delta to current closing price is 1.47% . |
American Mutual Fundamentals Correlations and Trends
By evaluating American Mutual's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among American Mutual's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. American financial account trend analysis is a perfect complement when working with valuation or volatility modules.About American Mutual Mutual Fund history
American Mutual investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for American is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in American Mutual will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing American Mutual stock prices may prove useful in developing a viable investing in American Mutual
The fund invests primarily in common stocks of companies that are likely to participate in the growth of the American economy and whose dividends appear to be sustainable. It invests primarily in securities of issuers domiciled in the United States and Canada. The fund may also invest in bonds and other debt securities, including those issued by the U.S. government and by federal agencies and instrumentalities.
American Mutual Mutual Fund Technical Analysis
American Mutual 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.
Price Boundaries
American Mutual Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
American Mutual Fund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
American Mutual December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how American Mutual 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 Mutual shares will generate the highest return on investment. By undertsting and applying American Mutual mutual fund market strength indicators, traders can identify American Mutual Fund entry and exit signals to maximize returns
American Mutual Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for American Mutual's price direction in advance. Along with the technical and fundamental analysis of American Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of American to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.25) |
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| Volume Indicators |
Other Information on Investing in American Mutual Fund
American Mutual 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 Mutual security.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |