American Funds Income Fund Fundamentals
RNCCX Fund | USD 12.95 0.01 0.08% |
American Funds Income fundamentals help investors to digest information that contributes to American Funds' financial success or failures. It also enables traders to predict the movement of American Mutual Fund. The fundamental analysis module provides a way to measure American Funds' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to American Funds mutual fund.
American |
American Five Year Return Analysis
American Funds' Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current American Funds Five Year Return | 5.62 % |
Most of American Funds' fundamental indicators, such as Five 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 Funds Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Competition |
American Funds Five Year Return Component Assessment
According to the company disclosure, American Funds Income has a Five Year Return of 5.6151%. This is 279.4% higher than that of the American Funds family and significantly higher than that of the Family category. The five year return for all United States funds is notably lower than that of the firm.
American Funds Income Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining American Funds's current stock value. Our valuation model uses many indicators to compare American Funds value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across American Funds competition to find correlations between indicators driving American Funds's intrinsic value. More Info.American Funds Income is rated top fund in bond positions weight among similar funds. It is rated top fund in five year return among similar funds reporting about 0.77 of Five Year Return per Bond Positions Weight. The ratio of Bond Positions Weight to Five Year Return for American Funds Income is roughly 1.30 . Comparative valuation analysis is a catch-all model that can be used if you cannot value American Funds by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for American Funds' 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 Funds' earnings, one of the primary drivers of an investment's value.American Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses American Funds' direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of American Funds could also be used in its relative valuation, which is a method of valuing American Funds by comparing valuation metrics of similar companies.American Funds is currently under evaluation in three year return among similar funds.
Fund Asset Allocation for American Funds
The fund invests 45.0% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (7.31%) , cash (5.37%) and various exotic instruments.Asset allocation divides American Funds' investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
American Fundamentals
Price To Earning | 17.31 X | ||||
Price To Book | 2.67 X | ||||
Price To Sales | 1.77 X | ||||
Total Asset | 7.58 B | ||||
Annual Yield | 0.04 % | ||||
Year To Date Return | 2.77 % | ||||
One Year Return | 12.03 % | ||||
Three Year Return | 3.64 % | ||||
Five Year Return | 5.62 % | ||||
Net Asset | 4.82 B | ||||
Last Dividend Paid | 0.07 | ||||
Cash Position Weight | 5.37 % | ||||
Equity Positions Weight | 45.00 % | ||||
Bond Positions Weight | 7.31 % |
About American Funds Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze American Funds Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of American Funds using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of American Funds Income based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund invests in a mix of American Funds in different combinations and weightings. American Funds is traded on NASDAQ Exchange in the United States.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards American Funds in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, American Funds' short interest history, or implied volatility extrapolated from American Funds options trading.
Currently Active Assets on Macroaxis
Check out American Funds Piotroski F Score and American Funds Altman Z Score analysis. Note that the American Funds Income information on this page should be used as a complementary analysis to other American Funds' 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for American Mutual Fund analysis
When running American Funds' price analysis, check to measure American Funds' 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 Funds is operating at the current time. Most of American Funds' value examination focuses on studying past and present price action to predict the probability of American Funds' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Funds' price. Additionally, you may evaluate how the addition of American Funds to your portfolios can decrease your overall portfolio volatility.
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