Small Cap Financials
| ANORX Fund | USD 16.60 0.09 0.55% |
Small |
Please note that past performance is not an indicator of the future performance of Small Cap, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's 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.
Small Cap Fund Summary
Small Cap competes with Focused Dynamic, Heritage Fund, Emerging Markets, Small Cap, and Global Growth. Under normal market conditions, the fund invests at least 80 percent of its net assets in small cap companies. The portfolio managers consider small cap companies to include those with a market capitalization that does not exceed that of the largest company in the Russell 2000 Growth Index. The portfolio managers look for stocks of smaller-sized companies they believe will increase in value over time, using an investment strategy developed by the funds investment advisor.Specialization | Small Growth, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | American Century Mutual |
| Mutual Fund Family | American Century Investments |
| Mutual Fund Category | Small Growth |
| Benchmark | NYSE Composite |
| Phone | 800 345 2021 |
| Currency | USD - US Dollar |
Small Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Small Cap's current stock value. Our valuation model uses many indicators to compare Small Cap value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Small Cap competition to find correlations between indicators driving Small Cap's intrinsic value. More Info.Small Cap Growth is the top fund in price to earning among similar funds. It is the top fund in price to book among similar funds fabricating about 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Small Cap Growth is roughly 8.59 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Small Cap by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Small Cap'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 Small Cap's earnings, one of the primary drivers of an investment's value.Small Cap Growth Systematic Risk
Small Cap's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Small Cap 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.
The output start index for this execution was fifteen with a total number of output elements of fourty-six. The Beta measures systematic risk based on how returns on Small Cap Growth correlated with the market. If Beta is less than 0 Small Cap generally moves in the opposite direction as compared to the market. If Small Cap Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Small Cap Growth is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Small Cap is generally in the same direction as the market. If Beta > 1 Small Cap moves generally in the same direction as, but more than the movement of the benchmark.
Small Cap May 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Small Cap help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Small Cap Growth. We use our internally-developed statistical techniques to arrive at the intrinsic value of Small Cap Growth based on widely used predictive technical indicators. In general, we focus on analyzing Small Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Small Cap's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.19 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 4.84 | |||
| Value At Risk | (1.84) | |||
| Potential Upside | 1.83 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Small Cap Growth. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.