Bond Fund Competition

CFAFX Fund

USD 11.29 0.01 0.09%

Bond Fund competes with Income Fund, New World, American Mutual, American Mutual, and American Funds; as well as few others. The fund is listed under Intermediate Core Bond category and is part of American Funds family. Analyzing Bond Fund 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 Bond Fund to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Bond Fund 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 Bond Fund competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
10.99	11.29	11.59

Details

Intrinsic

Valuation

Low	Real	High
10.63	10.93	12.42

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Bond Fund. Your research has to be compared to or analyzed against Bond Fund's peers to derive any actionable benefits. When done correctly, Bond Fund'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 Bond Fund.

Bond Fund Competition Correlation Matrix

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

	AMECX	RNEBX	AMFCX	AMFFX	RNCCX	FPPPX	AMEFX	RNGGX	RNGFX	RNGHX
AMECX		0.61	0.9	0.9	0.89	-0.15	1.0	0.86	0.92	0.86	AMECX
RNEBX	0.61		0.57	0.56	0.72	0.27	0.6	0.48	0.45	0.48	RNEBX
AMFCX	0.9	0.57		1.0	0.75	-0.24	0.9	0.93	0.87	0.93	AMFCX
AMFFX	0.9	0.56	1.0		0.75	-0.25	0.9	0.93	0.87	0.93	AMFFX
RNCCX	0.89	0.72	0.75	0.75		0.27	0.89	0.64	0.71	0.64	RNCCX
FPPPX	-0.15	0.27	-0.24	-0.25	0.27		-0.15	-0.45	-0.41	-0.45	FPPPX
AMEFX	1.0	0.6	0.9	0.9	0.89	-0.15		0.86	0.92	0.86	AMEFX
RNGGX	0.86	0.48	0.93	0.93	0.64	-0.45	0.86		0.94	1.0	RNGGX
RNGFX	0.92	0.45	0.87	0.87	0.71	-0.41	0.92	0.94		0.94	RNGFX
RNGHX	0.86	0.48	0.93	0.93	0.64	-0.45	0.86	1.0	0.94		RNGHX
	AMECX	RNEBX	AMFCX	AMFFX	RNCCX	FPPPX	AMEFX	RNGGX	RNGFX	RNGHX

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High positive correlations

AMEFX	+ 1.0	AMECX
AMFFX	+ 1.0	AMFCX
RNGHX	+ 1.0	RNGGX
RNGFX	+ 0.94	RNGGX
RNGHX	+ 0.94	RNGFX
RNGGX	+ 0.93	AMFCX

High negative correlations

RNGHX	- 0.45	FPPPX
RNGGX	- 0.45	FPPPX
RNGFX	- 0.41	FPPPX
FPPPX	- 0.25	AMFFX
FPPPX	- 0.24	AMFCX
AMEFX	- 0.15	FPPPX

Risk-Adjusted Indicators

There is a big difference between Bond Mutual Fund performing well and Bond Fund 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 Bond Fund'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
AMECX	0.31	(0.02)	(0.20)	0.08	0.31	(0.34)	0.68	(0.72)	1.81
RNEBX	0.56	(0.01)	0.00	0.28	0.00	0.00	1.27	(1.32)	3.78
AMFCX	0.46	0.06	(0.11)	2.39	0.42	(0.51)	0.90	(0.88)	2.68
AMFFX	0.46	0.06	(0.11)	2.79	0.42	(0.51)	0.91	(0.86)	2.68
RNCCX	0.25	(0.02)	(0.31)	0.04	0.26	(0.27)	0.52	(0.52)	1.32
FPPPX	0.11	(0.02)	0.00	(0.35)	0.00	0.00	0.21	(0.21)	0.84
AMEFX	0.32	(0.02)	(0.20)	0.08	0.33	(0.35)	0.68	(0.73)	1.81
RNGGX	0.67	0.07	(0.04)	1.36	0.96	(0.68)	1.46	(1.96)	4.07
RNGFX	0.67	(0.04)	(0.04)	0.08	0.97	(0.68)	1.47	(1.97)	4.06
RNGHX	0.67	0.07	(0.04)	1.34	0.96	(0.68)	1.47	(1.97)	4.07

Unable to evaluate fundamental data of [AMECX, RNEBX, AMFCX, AMFFX, RNCCX, FPPPX, AMEFX, RNGGX, RNGFX, RNGHX] at this time. Please try again later

All Fundamental Data

Bond Fund Competitive Analysis

The better you understand Bond Fund competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Bond Fund'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 Bond Fund'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

	CFAFX	AMECX	RNEBX	AMFCX	AMFFX	RNCCX	FPPPX	AMEFX	RNGGX	RNGFX
	0.09 11.29 Bond	0.08 26.17 Income	0.54 79.02 New	0.46 58.83 American	0.47 59.62 American	0.52 13.66 American	0.11 9.40 American	0.08 26.14 Income	0.84 67.60 New	0.37 68.72 New
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	OK	Very Weak	OK	OK	Modest	Very Weak	OK	OK	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Fairly Valued	Over Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly 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	Not Available
Trade Advice (90 Days Macroaxis Advice)	Sell	Strong Hold	Strong Sell	Hold	Strong Hold	Hold	Cautious Hold	Strong Hold	Cautious Hold	Strong Hold
Net Asset	38.92 B	118.35 B	36.01 B	89.87 B	89.87 B	4.82 B	2.56 B	109.34 B	21.62 B	21.62 B
Minimum Initial Investment	250	N/A	N/A	N/A	N/A	N/A	N/A	250	N/A	N/A
Price To Book	N/A	2.93	2.07	3.02	3.02	2.67	N/A	2.93	2.61	2.36
Five Year Return	0.67	7.73	5.36	10.06	10.83	5.9	N/A	7.95	12.25	12.2
One Year Return	7.4	20.42	12.2	24.27	25.14	15.99	N/A	20.63	32.35	32.28
Last Dividend Paid	N/A	0.17	0.05	0.11	0.2	0.07	0.01	0.18	N/A	N/A
Price To Earning	N/A	19.48	18.23	4.44	4.46	17.31	N/A	19.48	22.08	20.8
Price To Sales	N/A	2.18	1.65	2.06	2.06	1.77	N/A	2.18	1.34	1.23
Cash Position Weight	8.61	9.79	9.22	9.92	9.92	5.37	7.5	4.78	13.06	13.06
Equity Positions Weight	0.06	64.65	86.94	89.77	89.77	45.0	0.17	73.5	86.36	86.36
Three Year Return	-1.88	5.7	-1.69	7.89	8.64	3.84	N/A	5.93	4.3	4.25
Annual Yield	0.0048	0.0333	0.0086	0.0121	0.018	0.0351	N/A	0.0353	0.0045	0.0041
Year To Date Return	2.3	13.64	7.28	18.76	19.49	10.31	N/A	13.88	25.5	25.43
Bond Positions Weight	89.08	3.17	3.24	N/A	N/A	7.31	7.4	20.12	N/A	N/A
Ten Year Return	4.16	8.23	5.46	9.91	10.71	N/A	N/A	8.42	14.13	14.08
Daily Balance Of Power	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	9.2 T
Day Typical Price	11.29	26.17	79.02	58.83	59.62	13.66	9.4	26.14	67.6	68.72
Period Momentum Indicator	(0.01)	(0.02)	(0.43)	(0.27)	(0.28)	0.07	(0.01)	(0.02)	(0.57)	0.25
Rate Of Daily Change	1.0	1.0	0.99	1.0	1.0	1.01	1.0	1.0	0.99	1.0
Day Median Price	11.29	26.17	79.02	58.83	59.62	13.66	9.4	26.14	67.6	68.72
Price Action Indicator	(0.01)	(0.01)	(0.22)	(0.14)	(0.14)	0.035	(0.01)	(0.01)	(0.29)	0.13
Coefficient Of Variation	(1,521)	875.64	(11,956)	818.79	792.53	1305.37	(4,760)	876.94	1082.74	1135.31
Mean Deviation	0.219	0.3134	0.5567	0.4573	0.4577	0.2493	0.1127	0.321	0.6716	0.6702
Jensen Alpha	(0.02)	(0.02)	(0.01)	0.0569	0.0597	(0.02)	(0.02)	(0.02)	0.0692	(0.04)
Total Risk Alpha	(0.08)	(0.03)	(0.13)	(0.03)	(0.03)	(0.03)	(0.04)	(0.03)	(0.07)	(0.07)
Sortino Ratio	N/A	(0.20)	N/A	(0.11)	(0.11)	(0.31)	N/A	(0.20)	(0.04)	(0.04)
Downside Variance	N/A	0.1658	N/A	0.2749	0.2738	0.1108	N/A	0.1705	1.23	1.14
Standard Deviation	0.2972	0.403	0.7582	0.5719	0.5738	0.3127	0.1481	0.4095	0.9289	0.9273
Kurtosis	1.2	0.0792	0.8285	0.2516	0.2879	(0.38)	1.26	0.0021	1.25	1.29
Potential Upside	0.4355	0.6778	1.27	0.8973	0.9139	0.5151	0.2123	0.6789	1.46	1.47
Treynor Ratio	0.494	0.0818	0.2832	2.39	2.79	0.0442	(0.35)	0.0823	1.36	0.0772
Maximum Drawdown	1.3	1.81	3.78	2.68	2.68	1.32	0.842	1.81	4.07	4.06
Variance	0.0883	0.1624	0.5748	0.3271	0.3292	0.0978	0.0219	0.1677	0.8629	0.86
Market Risk Adjusted Performance	0.504	0.0918	0.2932	2.4	2.8	0.0542	(0.34)	0.0923	1.37	0.0872
Risk Adjusted Performance	(0.07)	0.0783	(0.01)	0.09	0.0931	0.0441	(0.06)	0.0785	0.0724	0.0691
Skewness	(0.15)	(0.23)	(0.21)	0.1969	0.2044	(0.23)	(0.31)	(0.22)	(0.69)	(0.70)
Semi Deviation	N/A	0.3126	N/A	0.4221	0.4177	0.2623	N/A	0.3329	0.9635	0.9683
Information Ratio	(0.50)	(0.20)	(0.18)	(0.10)	(0.1)	(0.33)	(0.89)	(0.20)	(0.05)	(0.05)
Value At Risk	(0.53)	(0.72)	(1.32)	(0.88)	(0.86)	(0.52)	(0.21)	(0.73)	(1.96)	(1.97)
Expected Short fall	N/A	(0.34)	N/A	(0.51)	(0.51)	(0.27)	N/A	(0.35)	(0.68)	(0.68)
Downside Deviation	N/A	0.4072	N/A	0.5244	0.5233	0.3329	N/A	0.4129	1.11	1.07
Semi Variance	N/A	0.0977	N/A	0.1781	0.1745	0.0688	N/A	0.1109	0.9284	0.9377

Bond Fund Competition Performance Charts

Five steps to successful analysis of Bond Fund Competition

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

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

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Companies from entertainment industry including show business, news and media. The Entertainment theme has 37 constituents at this time.

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Other Information on Investing in Bond Mutual Fund

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

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