American High Income Municipal Fund Statistic Functions Beta

AHMFX Fund  USD 14.99  0.04  0.27%   
American High-income statistic functions tool provides the execution environment for running the Beta function and other technical functions against American High-income. American High-income value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. American High-income statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was seven with a total number of output elements of fifty-four. The Beta measures systematic risk based on how returns on American High Income correlated with the market. If Beta is less than 0 American High-income generally moves in the opposite direction as compared to the market. If American High-income Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one American High Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of American High-income is generally in the same direction as the market. If Beta > 1 American High-income moves generally in the same direction as, but more than the movement of the benchmark.

American High-income Technical Analysis Modules

Most technical analysis of American High-income help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for American from various momentum indicators to cycle indicators. When you analyze American charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About American High-income Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of American High Income Municipal. We use our internally-developed statistical techniques to arrive at the intrinsic value of American High Income Municipal based on widely used predictive technical indicators. In general, we focus on analyzing American Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build American High-income's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of American High-income's intrinsic value. In addition to deriving basic predictive indicators for American High-income, we also check how macroeconomic factors affect American High-income price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of American High-income's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
14.8014.9915.18
Details
Intrinsic
Valuation
LowRealHigh
14.7814.9715.16
Details
Naive
Forecast
LowNextHigh
14.7614.9615.15
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
14.9915.0515.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as American High-income. Your research has to be compared to or analyzed against American High-income's peers to derive any actionable benefits. When done correctly, American High-income's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in American High Income.
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.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American High Income Municipal. 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 census.
Note that the American High Income information on this page should be used as a complementary analysis to other American High-income'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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Please note, there is a significant difference between American High-income's value and its price as these two are different measures arrived at by different means. Investors typically determine if American High-income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American High-income'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.