Amcap Fund Class Fund Price on December 22, 2023
| AMCPX Fund | USD 41.52 0.16 0.39% |
Below is the normalized historical share price chart for Amcap Fund Class extending back to November 05, 1984. 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 Amcap Fund stands at 41.52, as last reported on the 10th of May, with the highest price reaching 41.52 and the lowest price hitting 41.52 during the day.
If you're considering investing in Amcap Mutual Fund, it is important to understand the factors that can impact its price. We consider Amcap Fund very steady. Amcap Fund Class secures Sharpe Ratio (or Efficiency) of 0.0473, which signifies that the fund had a 0.0473% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Amcap Fund Class, which you can use to evaluate the volatility of the entity. Please confirm Amcap Fund's risk adjusted performance of 0.0516, and Mean Deviation of 0.7161 to double-check if the risk estimate we provide is consistent with the expected return of 0.0435%.
Amcap Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Amcap |
Sharpe Ratio = 0.0473
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AMCPX |
Estimated Market Risk
| 0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Amcap Fund is performing at about 3% of its full potential. 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 Amcap Fund by adding it to a well-diversified portfolio.
Amcap Fund Valuation on December 22, 2023
It is possible to determine the worth of Amcap Fund on a given historical date. On December 22, 2023 Amcap was worth 38.02 at the beginning of the trading date compared to the closed value of 38.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Amcap Fund mutual fund. Still, in general, we apply an absolute valuation method to find Amcap Fund'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 Amcap Fund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Amcap Fund's related companies.
| Open | High | Low | Close | Volume | |
| 37.94 | 37.94 | 37.94 | 37.94 | 1.00 | |
12/22/2023 | 38.02 | 38.02 | 38.02 | 38.02 | 1.00 |
| 38.20 | 38.20 | 38.20 | 38.20 | 1.00 |
| Backtest Amcap Fund | | | Amcap Fund History | | | Amcap Fund Valuation | Previous | Next |
Amcap Fund Trading Date Momentum on December 22, 2023
| On December 26 2023 Amcap Fund Class was traded for 38.20 at the closing time. The highest daily price throughout the period was 38.20 and the lowest price was 38.20 . There was no trading activity during the period 1.0. Lack of trading volume on 12/26/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.47% . The overall trading delta to current closing price is 0.87% . |
Amcap Fund Class Fundamentals Correlations and Trends
By evaluating Amcap Fund'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 Amcap Fund's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Amcap financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Amcap Fund Mutual Fund history
Amcap Fund 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 Amcap is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Amcap Fund Class 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 Amcap Fund stock prices may prove useful in developing a viable investing in Amcap Fund
The fund invests primarily in common stocks of U.S. companies that have solid long-term growth records and the potential for good future growth. The basic investment philosophy of the investment adviser is to seek to invest in attractively valued companies that, in its opinion, represent good, long-term investment opportunities.
Amcap Fund Mutual Fund Technical Analysis
Amcap Fund 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
Amcap Fund Period Price Range
Low | December 22, 2023
| High |
38.02 | 38.02 |
Amcap Fund May 10, 2024 Market Strength
Market strength indicators help investors to evaluate how Amcap Fund 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 Amcap Fund shares will generate the highest return on investment. By undertsting and applying Amcap Fund mutual fund market strength indicators, traders can identify Amcap Fund Class entry and exit signals to maximize returns
Amcap Fund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Amcap Fund's price direction in advance. Along with the technical and fundamental analysis of Amcap Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Amcap 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 | 0.0516 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0501 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amcap Fund Class. 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 american community survey. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.