American Growth Fund Quote

AMRBX Fund  USD 4.99  0.04  0.81%   

Performance

8 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 38

 
100  
 
Zero
Below Average
American Growth is trading at 4.99 as of the 28th of March 2024; that is 0.81 percent increase since the beginning of the trading day. The fund's open price was 4.95. American Growth has about a 38 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for American Growth Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
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. More on American Growth Fund

Moving together with American Mutual Fund

  1.0AMRGX American Growth FundPairCorr
  1.0AMRCX American Growth FundPairCorr
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  0.9FAFGX American FundsPairCorr
  0.93FFAFX American FundsPairCorr
  0.9GFACX Growth FundPairCorr
  0.93GFAFX Growth FundPairCorr

American Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. American Growth's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding American Growth or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationAmerican Growth Funds, Large Growth Funds, Large Growth, American Growth (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date30th of November 2022
Fiscal Year EndJuly
American Growth Fund [AMRBX] is traded in USA and was established 28th of March 2024. American Growth is listed under American Growth category by Fama And French industry classification. The fund is listed under Large Growth category and is part of American Growth family. This fund presently has accumulated 17.8 M in assets under management (AUM) with no minimum investment requirementsAmerican Growth Fund is currently producing year-to-date (YTD) return of 5.31%, while the total return for the last 3 years was 4.0%.
Check American Growth Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on American Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding American Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as American Growth Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top American Growth Fund Mutual Fund Constituents

AAPLApple IncStockInformation Technology
AMZNAmazon IncStockConsumer Discretionary
BIIBBiogen IncStockHealth Care
CVSCVS Health CorpStockHealth Care
DHRDanaherStockHealth Care
FBMeta PlatformsStockInternet Content & Information
GOOGAlphabet Class CStockCommunication Services
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American Growth Target Price Odds Analysis

Based on a normal probability distribution, the odds of American Growth jumping above the current price in 90 days from now is about 6.11%. The American Growth Fund probability density function shows the probability of American Growth mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon American Growth Fund has a beta of -0.0062. This suggests as returns on benchmark increase, returns on holding American Growth are expected to decrease at a much lower rate. During the bear market, however, American Growth Fund is likely to outperform the market. Additionally, american Growth Fund has an alpha of 0.0925, implying that it can generate a 0.0925 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 4.99HorizonTargetOdds Above 4.99
93.74%90 days
 4.99 
6.11%
Based on a normal probability distribution, the odds of American Growth to move above the current price in 90 days from now is about 6.11 (This American Growth Fund probability density function shows the probability of American Mutual Fund to fall within a particular range of prices over 90 days) .

American Growth Fund Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. American Growth market risk premium is the additional return an investor will receive from holding American Growth long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in American Growth. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although American Growth's alpha and beta are two of the key measurements used to evaluate American Growth's performance over the market, the standard measures of volatility play an important role as well.

American Growth Against Markets

Picking the right benchmark for American Growth mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in American Growth mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for American Growth is critical whether you are bullish or bearish towards American Growth Fund at a given time. Please also check how American Growth's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in American Growth without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy American Mutual Fund?

Before investing in American Growth, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in American Growth. To buy American Growth fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of American Growth. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase American Growth fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located American Growth Fund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased American Growth Fund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as American Growth Fund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in American Growth Fund?

The danger of trading American Growth Fund is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of American Growth is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than American Growth. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile American Growth Fund is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Fund 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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When running American Growth's price analysis, check to measure American Growth's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Growth is operating at the current time. Most of American Growth's value examination focuses on studying past and present price action to predict the probability of American Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Growth's price. Additionally, you may evaluate how the addition of American Growth to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between American Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.