American Beacon The Fund Market Value

ABCAX Fund  USD 23.92  0.10  0.42%   
American Beacon's market value is the price at which a share of American Beacon trades on a public exchange. It measures the collective expectations of American Beacon The investors about its performance. American Beacon is trading at 23.92 as of the 11th of December 2024; that is 0.42 percent down since the beginning of the trading day. The fund's open price was 24.02.
With this module, you can estimate the performance of a buy and hold strategy of American Beacon The and determine expected loss or profit from investing in American Beacon over a given investment horizon. Check out American Beacon Correlation, American Beacon Volatility and American Beacon Alpha and Beta module to complement your research on American Beacon.
Symbol

Please note, there is a significant difference between American Beacon's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Beacon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Beacon'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.

American Beacon 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to American Beacon's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of American Beacon.
0.00
11/11/2024
No Change 0.00  0.0 
In 31 days
12/11/2024
0.00
If you would invest  0.00  in American Beacon on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding American Beacon The or generate 0.0% return on investment in American Beacon over 30 days. American Beacon is related to or competes with Dunham Porategovernment, Lord Abbett, Davis Government, Prudential Government, Ridgeworth Seix, Us Government, and Inverse Government. Under normal market circumstances, at least 80 percent of the funds net assets, plus the amount of any borrowings for in... More

American Beacon Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure American Beacon's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess American Beacon The upside and downside potential and time the market with a certain degree of confidence.

American Beacon Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for American Beacon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Beacon's standard deviation. In reality, there are many statistical measures that can use American Beacon historical prices to predict the future American Beacon's volatility.
Hype
Prediction
LowEstimatedHigh
23.4924.0224.55
Details
Intrinsic
Valuation
LowRealHigh
23.4724.0024.53
Details
Naive
Forecast
LowNextHigh
23.2523.7824.30
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
23.9424.1224.30
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as American Beacon. Your research has to be compared to or analyzed against American Beacon's peers to derive any actionable benefits. When done correctly, American Beacon'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 Beacon.

American Beacon Backtested Returns

At this stage we consider American Mutual Fund to be very steady. American Beacon secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the fund had a 0.12% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for American Beacon The, which you can use to evaluate the volatility of the entity. Please confirm American Beacon's mean deviation of 0.4165, and Risk Adjusted Performance of 0.0899 to double-check if the risk estimate we provide is consistent with the expected return of 0.0634%. The fund shows a Beta (market volatility) of 0.58, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, American Beacon's returns are expected to increase less than the market. However, during the bear market, the loss of holding American Beacon is expected to be smaller as well.

Auto-correlation

    
  -0.48  

Modest reverse predictability

American Beacon The has modest reverse predictability. Overlapping area represents the amount of predictability between American Beacon time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of American Beacon price movement. The serial correlation of -0.48 indicates that about 48.0% of current American Beacon price fluctuation can be explain by its past prices.
Correlation Coefficient-0.48
Spearman Rank Test-0.05
Residual Average0.0
Price Variance0.05

American Beacon lagged returns against current returns

Autocorrelation, which is American Beacon mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting American Beacon's mutual fund expected returns. We can calculate the autocorrelation of American Beacon returns to help us make a trade decision. For example, suppose you find that American Beacon has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

American Beacon regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If American Beacon mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Beacon mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Beacon mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

American Beacon Lagged Returns

When evaluating American Beacon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Beacon mutual fund have on its future price. American Beacon autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, American Beacon autocorrelation shows the relationship between American Beacon mutual fund current value and its past values and can show if there is a momentum factor associated with investing in American Beacon The.
   Regressed Prices   
       Timeline  

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in American Mutual Fund

American Beacon 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 Beacon security.
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