American Growth Fund Price on March 28, 2024
| AMRBX Fund | USD 4.98 0.03 0.61% |
Below is the normalized historical share price chart for American Growth Fund extending back to November 19, 1996. 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 Growth stands at 4.98, as last reported on the 14th of May 2024, with the highest price reaching 4.98 and the lowest price hitting 4.98 during the day.
If you're considering investing in American Mutual Fund, it is important to understand the factors that can impact its price. We consider American Growth not too volatile. American Growth secures Sharpe Ratio (or Efficiency) of 0.0592, which signifies that the fund had a 0.0592% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for American Growth Fund, which you can use to evaluate the volatility of the entity. Please confirm American Growth's risk adjusted performance of 0.0314, and Mean Deviation of 0.7215 to double-check if the risk estimate we provide is consistent with the expected return of 0.0524%.
American Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
American |
Sharpe Ratio = 0.0592
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Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average American Growth is performing at about 4% 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 American Growth by adding it to a well-diversified portfolio.
American Growth Valuation on March 28, 2024
It is possible to determine the worth of American Growth on a given historical date. On March 28, 2024 American was worth 4.98 at the beginning of the trading date compared to the closed value of 4.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of American Growth mutual fund. Still, in general, we apply an absolute valuation method to find American Growth'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 American Growth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against American Growth's related companies.
| Open | High | Low | Close | Volume | |
| 4.99 | 4.99 | 4.99 | 4.99 | 1.00 | |
03/28/2024 | 4.98 | 4.98 | 4.98 | 4.98 | 1.00 |
| 4.97 | 4.97 | 4.97 | 4.97 | 1.00 |
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American Growth Trading Date Momentum on March 28, 2024
| On April 01 2024 American Growth Fund was traded for 4.97 at the closing time. The highest daily price throughout the period was 4.97 and the lowest price was 4.97 . There was no trading activity during the period 1.0. Lack of trading volume on 04/01/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.20% . The overall trading delta to current closing price is 2.01% . |
American Growth Fundamentals Correlations and Trends
By evaluating American Growth'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 American Growth's 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 Growth Mutual Fund history
American Growth 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 Growth 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 Growth stock prices may prove useful in developing a viable investing in American Growth
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.
American Growth Mutual Fund Technical Analysis
American Growth 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 Growth Period Price Range
Low | March 28, 2024
| High |
4.98 | 4.98 |
American Growth May 14, 2024 Market Strength
Market strength indicators help investors to evaluate how American Growth 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 Growth shares will generate the highest return on investment. By undertsting and applying American Growth mutual fund market strength indicators, traders can identify American Growth Fund entry and exit signals to maximize returns
American Growth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for American Growth's 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 | 0.0314 | |||
| Jensen Alpha | 0.0556 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.09) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Growth Fund. 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 bureau of labor statistics. 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.