American Funds Balanced Fund Price on May 31, 2024
| RBBEX Fund | USD 18.57 0.09 0.49% |
Below is the normalized historical share price chart for American Funds Balanced extending back to August 29, 2014. 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 Funds stands at 18.57, as last reported on the 25th of December, with the highest price reaching 18.57 and the lowest price hitting 18.57 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 Funds Balanced secures Sharpe Ratio (or Efficiency) of -0.0372, which signifies that the fund had a -0.0372% return per unit of standard deviation over the last 3 months. American Funds Balanced exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm American Funds' mean deviation of 0.3533, and Risk Adjusted Performance of (0.02) 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 = -0.0372
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| Negative Returns | RBBEX |
Estimated Market Risk
| 0.49 actual daily | 4 96% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average American Funds 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 Funds by adding American Funds to a well-diversified portfolio.
American Funds Valuation on May 31, 2024
It is possible to determine the worth of American Funds on a given historical date. On May 31, 2024 American was worth 17.45 at the beginning of the trading date compared to the closed value of 17.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of American Funds mutual fund. Still, in general, we apply an absolute valuation method to find American Funds' 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 Funds where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against American Funds' related companies.
| Open | High | Low | Close | Volume | |
| 17.34 | 17.34 | 17.34 | 17.34 | 1.00 | |
05/31/2024 | 17.45 | 17.45 | 17.45 | 17.45 | 1.00 |
| 17.47 | 17.47 | 17.47 | 17.47 | 1.00 |
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American Funds Trading Date Momentum on May 31, 2024
| On June 03 2024 American Funds Balanced was traded for 17.47 at the closing time. The highest daily price throughout the period was 17.47 and the lowest price was 17.47 . There was no trading activity during the period 1.0. Lack of trading volume on 06/03/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.11% . The overall trading delta to current closing price is 0.74% . |
American Funds Balanced Fundamentals Correlations and Trends
By evaluating American Funds' 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 Funds' 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 Funds Mutual Fund history
American Funds 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 Funds Balanced 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 Funds stock prices may prove useful in developing a viable investing in American Funds
The fund invests in a mix of American Funds in different combinations and weightings. The underlying American Funds may include growth, growth-and-income, equity-income, balanced and fixed income funds. Normally through its investments in the underlying funds, the fund will maintain at least 45 percent of the value of its net assets in common stocks and other equity investments and at least 25 percent of the value of its net assets in bonds and other debt securities . The fund will have exposure to growth-oriented common stocks.
American Funds Mutual Fund Technical Analysis
American Funds 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 Funds Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
American Funds Balanced 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 Funds December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how American Funds 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 Funds shares will generate the highest return on investment. By undertsting and applying American Funds mutual fund market strength indicators, traders can identify American Funds Balanced entry and exit signals to maximize returns
American Funds Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for American Funds' 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 | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.20) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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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