American Funds Competition

CTAKX Fund

USD 13.80 0.05 0.36%

American Funds College competes with Quantitative Longshort, Dreyfus Short, Cmg Ultra, Prudential Short, and Rbc Short; as well as few others. The fund is listed under Allocation--70% to 85% Equity category and is part of American Funds family. Analyzing American Funds competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of American Funds to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out American Funds Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of American Funds competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
13.37	13.80	14.23

Details

Intrinsic

Valuation

Low	Real	High
13.32	13.75	14.18

Details

American Funds Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between American Funds and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of American and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of American Funds College does not affect the price movement of the other competitor.

	GTLSX	DIMIX	CMGUX	HYSZX	RSDIX	OWSBX
GTLSX		0.27	0.81	0.57	0.3	-0.06	GTLSX
DIMIX	0.27		0.03	0.51	0.73	0.69	DIMIX
CMGUX	0.81	0.03		0.55	0.05	-0.43	CMGUX
HYSZX	0.57	0.51	0.55		0.46	0.08	HYSZX
RSDIX	0.3	0.73	0.05	0.46		0.78	RSDIX
OWSBX	-0.06	0.69	-0.43	0.08	0.78		OWSBX
	GTLSX	DIMIX	CMGUX	HYSZX	RSDIX	OWSBX

Click cells to compare fundamentals

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High positive correlations

CMGUX	+ 0.81	GTLSX
OWSBX	+ 0.78	RSDIX
RSDIX	+ 0.73	DIMIX
OWSBX	+ 0.69	DIMIX
HYSZX	+ 0.57	GTLSX
HYSZX	+ 0.55	CMGUX

High negative correlations

OWSBX	- 0.43	CMGUX
OWSBX	- 0.06	GTLSX

Risk-Adjusted Indicators

There is a big difference between American Mutual Fund performing well and American Funds Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze American Funds' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
GTLSX	0.30	0.09	0.01	3.03	0.00	(0.40)	0.71	(0.47)	2.63
DIMIX	0.05	(0.01)	(0.64)	0.37	0.07	(0.10)	0.08	(0.16)	0.47
CMGUX	0.04	0.01	0.00	3.24	0.00	0.00	0.11	0.00	0.65
HYSZX	0.08	0.00	(0.52)	0.18	0.00	(0.17)	0.24	(0.24)	0.71
RSDIX	0.08	0.00	(0.68)	(1.19)	0.04	(0.15)	0.21	(0.10)	0.62
OWSBX	0.07	(0.01)	(0.77)	2.49	0.09	(0.12)	0.20	(0.10)	0.49

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All Fundamental Data

American Funds Competitive Analysis

The better you understand American Funds competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, American Funds' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across American Funds' competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	CTAKX	GTLSX	DIMIX	CMGUX	HYSZX	RSDIX	OWSBX
	0.36 13.80 American	0.20 14.84 Quantitative	0.16 12.79 Dreyfus	0.00 9.27 Cmg	0.12 8.44 Prudential	0.10 9.75 Rbc	0.1 10.18 Old
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	OK	Solid	Very Weak	Good	Insignificant	Insignificant	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Over Valued	Fairly Valued	Over Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Buy	Hold	Hold	Strong Buy	Strong Sell	Hold	Strong Hold
Cash Position Weight	5.72 %	70.04 %	2.54 %	5.26 %	5.80 %	2.20 %	N/A
Equity Positions Weight	63.51 %	29.96 %	N/A	N/A	1.81 %	N/A	N/A
Three Year Return	N/A	8.67 %	0.73 %	4.23 %	4.51 %	2.65 %	N/A
Net Asset	2.1 B	51.1 M	318.6 M	1.08 B	4.62 B	61.37 M	N/A
Annual Yield	0.02 %	0.02 %	0 %	0 %	0.07 %	0 %	N/A
Minimum Initial Investment	N/A	N/A	1 K	1000 K	N/A	10 K	N/A
Five Year Return	N/A	6.86 %	0.96 %	2.96 %	4.74 %	2.31 %	N/A
Last Dividend Paid	0.18	0.02	0.01	N/A	0.04	0.01	N/A
Bond Positions Weight	4.64 %	N/A	97.46 %	92.24 %	15.26 %	94.16 %	N/A
Year To Date Return	N/A	14.79 %	2.94 %	5.76 %	7.73 %	5.49 %	N/A
One Year Return	N/A	15.94 %	3.62 %	6.45 %	10.46 %	6.58 %	N/A
Ten Year Return	N/A	2.73 %	1.42 %	1.22 %	N/A	N/A	N/A
Daily Balance Of Power	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)	0.0	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)
Day Typical Price	13.8	14.84	12.79	9.27	8.44	9.75	10.18
Period Momentum Indicator	0.05	(0.03)	(0.02)	N/A	(0.01)	(0.01)	(0.01)
Rate Of Daily Change	1.0	1.0	1.0	1.0	1.0	1.0	1.0
Day Median Price	13.8	14.84	12.79	9.27	8.44	9.75	10.18
Price Action Indicator	0.025	(0.01)	(0.01)	N/A	(0.01)	(0.01)	(0.01)
Coefficient Of Variation	708.99	408.19	243108.57	557.81	986.62	1983.57	196054.37
Mean Deviation	0.3324	0.2989	0.0474	0.0398	0.0833	0.0838	0.0746
Jensen Alpha	0.0099	0.0893	(0.01)	0.0063	0.0013	(0)	(0.01)
Total Risk Alpha	(0)	0.0403	(0.02)	(0)	(0.01)	(0.02)	(0.02)
Sortino Ratio	(0.08)	0.0057	(0.64)	N/A	(0.52)	(0.68)	(0.77)
Downside Variance	0.221	0.1115	0.0244	N/A	0.028	0.019	0.0169
Standard Deviation	0.4272	0.4164	0.0835	0.0919	0.125	0.125	0.1036
Kurtosis	0.3095	6.9	3.61	22.68	2.28	4.78	0.6539
Potential Upside	0.6613	0.7092	0.0785	0.1085	0.237	0.2064	0.1963
Treynor Ratio	0.1121	3.03	0.3719	3.24	0.1802	(1.19)	2.49
Maximum Drawdown	2.23	2.63	0.4699	0.653	0.7115	0.6174	0.4907
Variance	0.1825	0.1734	0.007	0.0084	0.0156	0.0156	0.0107
Market Risk Adjusted Performance	0.1221	3.04	0.3819	3.25	0.1902	(1.18)	2.5
Risk Adjusted Performance	0.0953	0.1702	(0.08)	0.0611	0.0255	(0.01)	(0.06)
Skewness	(0.16)	1.63	(0.86)	4.44	0.6859	0.7939	0.0873
Semi Deviation	0.3273	0.0	0.0738	N/A	0.0	0.0428	0.0864
Information Ratio	(0.09)	0.0046	(1.20)	(0.91)	(0.70)	(0.75)	(0.97)
Value At Risk	(0.73)	(0.47)	(0.16)	N/A	(0.24)	(0.10)	(0.1)
Expected Short fall	(0.37)	(0.40)	(0.1)	N/A	(0.17)	(0.15)	(0.12)
Downside Deviation	0.4701	0.3339	0.1564	N/A	0.1673	0.1379	0.1301
Semi Variance	0.1071	(0.03)	0.0055	N/A	(0.01)	0.0018	0.0075

American Funds Competition Performance Charts

Five steps to successful analysis of American Funds Competition

American Funds' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by American Funds College in relation to its competition. American Funds' competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of American Funds in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact American Funds' competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to American Funds College, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your American Funds position

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Other Information on Investing in American Mutual Fund

American Funds financial ratios help investors to determine whether American Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in American with respect to the benefits of owning American Funds security.

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