Diversified Bond Competition

ADRVX Fund

USD 9.34 0.04 0.43%

Diversified Bond competes with Blackrock Conservative, American Funds, Prudential Core, Jhancock Diversified, and Adams Diversified; as well as few others. The fund is listed under Intermediate Core Bond category and is part of American Century Investments family. Analyzing Diversified Bond 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 Diversified Bond to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Diversified Bond Correlation with its peers.

Diversified Bond vs Jpmorgan Diversified Correlation

Very weak diversification

The correlation between Diversified Bond Fund and JDVCX is 0.59 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Diversified Bond Fund and JDVCX in the same portfolio, assuming nothing else is changed.

Moving together with Diversified Mutual Fund

0.7	AMDVX	Mid Cap Value	Pair Corr
0.65	AMGIX	Income Growth	Pair Corr
0.8	CDBCX	Diversified Bond	Pair Corr
0.62	AMKIX	Emerging Markets	Pair Corr

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Diversified Bond'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

Low	Estimated	High
9.17	9.34	9.51

Details

Intrinsic

Valuation

Low	Real	High
8.41	8.58	10.27

Details

Diversified Bond Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Diversified Bond 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 Diversified 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 Diversified Bond does not affect the price movement of the other competitor.

	BICPX	FPTPX	PQCNX	PDSYX	JDJRX	ADX	PDNIX	JDVCX
BICPX		0.96	0.73	0.88	0.58	0.83	0.95	0.81	BICPX
FPTPX	0.96		0.68	0.88	0.59	0.84	0.97	0.86	FPTPX
PQCNX	0.73	0.68		0.62	0.41	0.49	0.77	0.54	PQCNX
PDSYX	0.88	0.88	0.62		0.62	0.75	0.9	0.69	PDSYX
JDJRX	0.58	0.59	0.41	0.62		0.54	0.57	0.34	JDJRX
ADX	0.83	0.84	0.49	0.75	0.54		0.8	0.71	ADX
PDNIX	0.95	0.97	0.77	0.9	0.57	0.8		0.82	PDNIX
JDVCX	0.81	0.86	0.54	0.69	0.34	0.71	0.82		JDVCX
	BICPX	FPTPX	PQCNX	PDSYX	JDJRX	ADX	PDNIX	JDVCX

Risk-Adjusted Indicators

There is a big difference between Diversified Mutual Fund performing well and Diversified Bond 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 Diversified Bond's 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
BICPX	0.21	0.01	(0.12)	0.12	0.13	(0.26)	0.43	(0.43)	1.12
FPTPX	0.29	0.08	0.08	0.29	0.00	(0.34)	0.63	(0.58)	2.76
PQCNX	0.15	0.01	(0.32)	0.51	0.09	(0.19)	0.23	(0.23)	0.69
PDSYX	0.15	0.06	(0.07)	(1.81)	0.00	(0.19)	0.37	(0.25)	0.91
JDJRX	0.40	0.03	(0.07)	(0.77)	0.41	(0.50)	0.94	(0.81)	2.24
ADX	0.65	0.04	0.01	0.16	0.64	(0.70)	1.51	(1.16)	3.00
PDNIX	0.12	0.02	(0.27)	0.43	0.00	(0.16)	0.30	(0.20)	0.80
JDVCX	0.60	0.25	0.30	(1.31)	0.00	(0.78)	0.77	(0.77)	14.53

Diversified Bond Competitive Analysis

The better you understand Diversified Bond competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Diversified Bond's 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 Diversified Bond's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	ADRVX	BICPX	FPTPX	PQCNX	PDSYX	JDJRX	ADX	PDNIX	JDVCX
	0.43 9.34 Diversified	0.17 11.85 Blackrock	0.27 14.64 American	0.46 8.79 Prudential	0.39 28.35 Principal	0.23 8.79 Jhancock	0.60 23.17 Adams	0.20 10.15 Pimco	0.13 15.41 JPMORGAN
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Not too volatile
Market Performance (90 Days Performance)	Fair	Good	Solid	Fair	Solid	Fair	Fair	Solid	Good
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Fair	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Fairly Valued	Fairly Valued	Fairly Valued	Over Valued	Over Valued	Fairly Valued	Over Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Hold	Cautious Hold	Cautious Hold	Strong Sell	Cautious Hold	Strong Hold	Strong Sell	Strong Sell
Net Asset	4.5 B	443.5 M	7.37 B	38.96 M	N/A	215.57 M	N/A	3.21 B	422.67 M
Minimum Initial Investment	N/A	2 M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Price To Book	N/A	2.3	N/A	N/A	N/A	N/A	0.77	N/A	1.93
Five Year Return	-0.0198	2.77	N/A	-0.31	N/A	2.12	13.35	2.42	5.42
One Year Return	6.6	11.03	N/A	6.51	N/A	-5.55	15.46	9.41	11.71
Last Dividend Paid	0.02	0.2	0.09	0.02	0.2	0.2	0.2	0.03	0.05
Price To Earning	N/A	18.5	N/A	N/A	N/A	N/A	4.93	N/A	16.68
Beta	N/A	N/A	N/A	N/A	N/A	N/A	0.96	N/A	N/A
Price To Sales	N/A	1.57	N/A	N/A	N/A	N/A	50.73	N/A	1.43
Cash Position Weight	4.47	9.37	5.37	0.15	N/A	56.27	N/A	-23.46	10.05
Equity Positions Weight	N/A	17.89	45.0	N/A	N/A	35.24	N/A	0.45	56.21
Three Year Return	4.04	8.16	N/A	3.92	N/A	-0.33	20.46	7.88	11.22
Annual Yield	0.046	0.0435	0.0381	0.0019	N/A	0.0043	0.0048	0.0532	0.02
Year To Date Return	0.6	2.15	N/A	0.55	N/A	3.95	1.46	0.84	2.32
Bond Positions Weight	5.08	69.26	7.31	94.37	N/A	-92.27	N/A	43.57	2.13
Ten Year Return	3.84	6.63	N/A	N/A	N/A	N/A	N/A	5.76	6.99
Day Typical Price	9.34	11.85	14.64	8.79	28.35	8.79	23.25	10.15	15.41
Accumulation Distribution	N/A	N/A	N/A	N/A	N/A	N/A	3570.44	N/A	N/A
Daily Balance Of Power	9.2 T	0	0	9.2 T	9.2 T	9.2 T	(0.48)	9.2 T	0
Period Momentum Indicator	0.04	(0.02)	(0.04)	0.04	0.11	0.02	(0.14)	0.02	(0.02)
Rate Of Daily Change	1.0	1.0	1.0	1.0	1.0	1.0	0.99	1.0	1.0
Day Median Price	9.34	11.85	14.64	8.79	28.35	8.79	23.3	10.15	15.41
Price Action Indicator	0.02	(0.01)	(0.02)	0.02	0.055	0.01	(0.19)	0.01	(0.01)
Coefficient Of Variation	933.09	640.72	368.5	1043.28	288.47	1246.15	912.46	436.9	667.27
Mean Deviation	0.1325	0.2069	0.2886	0.1482	0.1544	0.4024	0.6527	0.1207	0.6001
Jensen Alpha	0.0057	0.0136	0.0768	0.0065	0.0602	0.0344	0.0432	0.0208	0.2541
Total Risk Alpha	(0.01)	0.0085	0.0657	(0.01)	0.0409	(0.01)	0.0082	0.0116	0.0951
Sortino Ratio	(0.30)	(0.12)	0.0768	(0.32)	(0.07)	(0.07)	0.0102	(0.27)	0.2998
Downside Variance	0.0428	0.0998	0.1596	0.0395	0.037	0.2881	0.6076	0.0288	0.3229
Standard Deviation	0.1688	0.2681	0.4106	0.1826	0.1961	0.5171	0.809	0.1523	1.68
Kurtosis	(0.26)	0.3079	4.57	(0.25)	(0.21)	(0.17)	(0.64)	0.4134	53.93
Potential Upside	0.2169	0.4333	0.6298	0.2309	0.366	0.9379	1.51	0.2991	0.7734
Treynor Ratio	0.2394	0.1232	0.2916	0.5103	(1.81)	(0.77)	0.1569	0.4292	(1.31)
Maximum Drawdown	0.5412	1.12	2.76	0.6908	0.9098	2.24	3.0	0.7992	14.53
Variance	0.0285	0.0719	0.1686	0.0333	0.0385	0.2674	0.6545	0.0232	2.81
Market Risk Adjusted Performance	0.2494	0.1332	0.3016	0.5203	(1.80)	(0.76)	0.1669	0.4392	(1.30)
Risk Adjusted Performance	0.0489	0.1065	0.2106	0.0434	0.2501	0.0595	0.089	0.1425	0.1269
Skewness	(0.11)	(0.30)	0.9147	0.0989	0.057	0.0392	0.236	0.0058	6.98
Semi Deviation	0.0534	0.1318	0.0	0.085	0.0	0.4067	0.6371	0.0	0.0
Information Ratio	(0.37)	(0.15)	0.0747	(0.35)	(0.07)	(0.08)	0.0098	(0.30)	0.1017
Value At Risk	(0.32)	(0.43)	(0.58)	(0.23)	(0.25)	(0.81)	(1.16)	(0.20)	(0.77)
Expected Short fall	(0.18)	(0.26)	(0.34)	(0.19)	(0.19)	(0.50)	(0.70)	(0.16)	(0.78)
Downside Deviation	0.207	0.3159	0.3995	0.1987	0.1923	0.5367	0.7795	0.1697	0.5682
Semi Variance	0.0029	0.0174	(0.02)	0.0072	(0.04)	0.1654	0.4059	(0.02)	(0.03)

Diversified Bond Competition Performance Charts

Five steps to successful analysis of Diversified Bond Competition

Diversified Bond's 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 Diversified Bond in relation to its competition. Diversified Bond's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Diversified Bond 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 Diversified Bond's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Diversified Bond, 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 Diversified Bond position

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Other Information on Investing in Diversified Mutual Fund

Diversified Bond financial ratios help investors to determine whether Diversified 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 Diversified with respect to the benefits of owning Diversified Bond security.

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