American High-income Mutual Fund Forecast - Daily Balance Of Power
| AMHIX Fund | USD 14.90 0.02 0.13% |
American Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast American High-income stock prices and determine the direction of American High Income Municipal's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of American High-income's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of American High-income to cross-verify your projections. American |
Most investors in American High-income cannot accurately predict what will happen the next trading day because, historically, fund markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the American High-income's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets American High-income's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of American High Income Municipal market sensitivity to bulls and bears. It estimates the ability of American High-income buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring American High-income Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (9,223,372,036,855) |
| Check American High-income Volatility | Backtest American High-income | Information Ratio |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare American High-income to competition |
Other Forecasting Options for American High-income
For every potential investor in American, whether a beginner or expert, American High-income's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. American Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in American. Basic forecasting techniques help filter out the noise by identifying American High-income's price trends.American High-income Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with American High-income mutual fund to make a market-neutral strategy. Peer analysis of American High-income could also be used in its relative valuation, which is a method of valuing American High-income by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
American High-income Technical and Predictive Analytics
The mutual fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of American High-income's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of American High-income's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
American High-income Market Strength Events
Market strength indicators help investors to evaluate how American High-income 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 High-income shares will generate the highest return on investment. By undertsting and applying American High-income mutual fund market strength indicators, traders can identify American High Income Municipal entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 14.9 | |||
| Day Typical Price | 14.9 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.02) |
American High-income Risk Indicators
The analysis of American High-income's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in American High-income's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting american mutual fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.1743 | |||
| Semi Deviation | 0.2352 | |||
| Standard Deviation | 0.2469 | |||
| Variance | 0.061 | |||
| Downside Variance | 0.0902 | |||
| Semi Variance | 0.0553 | |||
| Expected Short fall | (0.17) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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 High-income 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 High-income's short interest history, or implied volatility extrapolated from American High-income options trading.
Pair Trading with American High-income
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American High-income position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American High-income will appreciate offsetting losses from the drop in the long position's value.Moving together with American Mutual Fund
| 0.79 | AMECX | Income Fund | PairCorr |
| 0.81 | RNEBX | New World Fund | PairCorr |
| 0.82 | AMFCX | American Mutual | PairCorr |
| 0.82 | AMFFX | American Mutual | PairCorr |
| 0.82 | RNCCX | American Funds Me | PairCorr |
The ability to find closely correlated positions to American High-income could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American High-income when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American High-income - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American High Income Municipal to buy it.
The correlation of American High-income is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American High-income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American High-income moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American High-income can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of American High-income to cross-verify your projections. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..