American Funds Income Fund Technical Analysis
| RINGX Fund | USD 13.21 0.39 2.87% |
As of the 29th of December, American Funds shows the mean deviation of 0.2966, and Risk Adjusted Performance of (0.09). In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of American Funds, as well as the relationship between them.
American Funds Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as American, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AmericanAmerican |
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.
American Funds Income Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of American Funds Income volatility. High ATR values indicate high volatility, and low values indicate low volatility.
American Funds Income Trend Analysis
Use this graph to draw trend lines for American Funds Income. You can use it to identify possible trend reversals for American Funds as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual American Funds price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.American Funds Best Fit Change Line
The following chart estimates an ordinary least squares regression model for American Funds Income applied against its price change over selected period. The best fit line has a slop of 0.002 , which may suggest that American Funds Income market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.15, which is the sum of squared deviations for the predicted American Funds price change compared to its average price change.About American Funds Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of American Funds Income on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of American Funds Income based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on American Funds Income price pattern first instead of the macroeconomic environment surrounding American Funds Income. By analyzing American Funds's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of American Funds's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to American Funds specific price patterns or momentum indicators. Please read more on our technical analysis page.
American Funds December 29, 2024 Technical Indicators
Most technical analysis of American help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for American from various momentum indicators to cycle indicators. When you analyze American charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.09) | |||
| Market Risk Adjusted Performance | (0.45) | |||
| Mean Deviation | 0.2966 | |||
| Coefficient Of Variation | (932.94) | |||
| Standard Deviation | 0.4931 | |||
| Variance | 0.2431 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.46) | |||
| Maximum Drawdown | 2.12 | |||
| Value At Risk | (0.51) | |||
| Potential Upside | 0.5121 | |||
| Skewness | (3.33) | |||
| Kurtosis | 16.76 |
American Funds Income One Year Return
Based on the recorded statements, American Funds Income has an One Year Return of 10.7513%. This is much higher than that of the American Funds family and significantly higher than that of the Allocation--30% to 50% Equity category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.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.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
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