American Growth Financial Statements From 2010 to 2024
| AMRAX Fund | USD 6.39 0.10 1.54% |
Check American Growth financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . American financial statements analysis is a perfect complement when working with American Growth Valuation or Volatility modules.
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American Growth Fund Mutual Fund Ten Year Return Analysis
American Growth's Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
More About Ten Year Return | All Equity Analysis
Ten Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current American Growth Ten Year Return | 9.21 % |
Most of American Growth's fundamental indicators, such as Ten Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, American Growth Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
| Competition |
Based on the latest financial disclosure, American Growth Fund has a Ten Year Return of 9.21%. This is much higher than that of the American Growth family and significantly higher than that of the Large Growth category. The ten year return for all United States funds is notably lower than that of the firm.
American Growth Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining American Growth's current stock value. Our valuation model uses many indicators to compare American Growth value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across American Growth competition to find correlations between indicators driving American Growth's intrinsic value. More Info.American Growth Fund is the top fund in year to date return among similar funds. It is the top fund in one year return among similar funds reporting about 13.68 of One Year Return per Year To Date Return. Comparative valuation analysis is a catch-all model that can be used if you cannot value American Growth by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for American Growth's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Growth's earnings, one of the primary drivers of an investment's value.About American Growth Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include American Growth income statement, its balance sheet, and the statement of cash flows. American Growth investors use historical funamental indicators, such as American Growth's revenue or net income, to determine how well the company is positioned to perform in the future. Although American Growth investors may use each financial statement separately, they are all related. The changes in American Growth's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on American Growth's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on American Growth Financial Statements. Understanding these patterns can help to make the right decision on long term investment in American Growth. Please read more on our technical analysis and fundamental analysis pages.
The advisor uses a consistent approach to build the funds security portfolio which is made up primarily of common stocks and securities convertible into common stock. These securities are issued by large companies, and to a lesser extent, small and mid-sized companies. When a companys fundamentals are strong, the managers believe earnings growth will follow.
Pair Trading with American Growth
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Growth position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Growth will appreciate offsetting losses from the drop in the long position's value.Moving together with American Mutual Fund
| 0.9 | AMRGX | American Growth | PairCorr |
| 0.79 | AMRBX | American Growth | PairCorr |
| 0.62 | FAFGX | American Funds | PairCorr |
| 0.62 | FFAFX | American Funds | PairCorr |
| 0.63 | GFACX | Growth Fund | PairCorr |
The ability to find closely correlated positions to American Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Growth when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Growth - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Growth Fund to buy it.
The correlation of American Growth is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Growth moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Growth can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of American Growth Correlation against competitors. Note that the American Growth information on this page should be used as a complementary analysis to other American Growth's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.