American Balanced Competition

CLBAX Fund

USD 36.45 0.11 0.30%

American Balanced competes with American Funds, American Funds, American Balanced, American Balanced, and American Balanced; as well as few others. The fund is listed under Allocation--50% to 70% Equity category and is part of American Funds family. Analyzing American Balanced 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 Balanced to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out American Balanced 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 Balanced competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
35.85	36.34	36.83

Details

Intrinsic

Valuation

Low	Real	High
35.71	36.20	36.69

Details

Naive

Forecast

Low	Next	High
35.45	35.94	36.43

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
35.72	36.30	36.87

Details

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

American Balanced Competition Correlation Matrix

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

	FBONX	FBAFX	ABALX	BALFX	RLBCX	RLBBX	CLBAX	CLBEX	RLBFX
FBONX		1.0	0.93	0.93	1.0	0.93	0.93	0.93	1.0	FBONX
FBAFX	1.0		0.93	0.93	1.0	0.93	0.93	0.93	1.0	FBAFX
ABALX	0.93	0.93		1.0	0.93	1.0	1.0	1.0	0.93	ABALX
BALFX	0.93	0.93	1.0		0.93	1.0	1.0	1.0	0.93	BALFX
RLBCX	1.0	1.0	0.93	0.93		0.93	0.93	0.93	1.0	RLBCX
RLBBX	0.93	0.93	1.0	1.0	0.93		1.0	1.0	0.93	RLBBX
CLBAX	0.93	0.93	1.0	1.0	0.93	1.0		1.0	0.93	CLBAX
CLBEX	0.93	0.93	1.0	1.0	0.93	1.0	1.0		0.93	CLBEX
RLBFX	1.0	1.0	0.93	0.93	1.0	0.93	0.93	0.93		RLBFX
	FBONX	FBAFX	ABALX	BALFX	RLBCX	RLBBX	CLBAX	CLBEX	RLBFX

Click cells to compare fundamentals

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Risk-Adjusted Indicators

There is a big difference between AMERICAN Mutual Fund performing well and American Balanced 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 Balanced'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
FBONX	0.38	0.03	(0.13)	10.36	0.47	(0.39)	0.91	(0.90)	2.22
FBAFX	0.38	0.00	(0.13)	0.00	0.47	(0.38)	0.88	(0.88)	2.19
ABALX	0.38	(0.03)	(0.13)	0.05	0.47	(0.39)	0.88	(0.90)	2.19
BALFX	0.38	(0.03)	(0.14)	0.05	0.47	(0.39)	0.88	(0.91)	2.20
RLBCX	0.38	0.02	(0.14)	15.98	0.47	(0.39)	0.88	(0.88)	2.21
RLBBX	0.38	(0.03)	(0.14)	0.04	0.46	(0.39)	0.88	(0.89)	2.18
CLBAX	0.38	(0.03)	(0.13)	0.05	0.46	(0.40)	0.88	(0.91)	2.17
CLBEX	0.38	(0.03)	(0.14)	0.05	0.47	(0.40)	0.88	(0.91)	2.17
RLBFX	0.38	0.03	(0.13)	6.73	0.46	(0.39)	0.88	(0.90)	2.16

Unable to evaluate fundamental data of [FBONX, FBAFX, ABALX, BALFX, RLBCX, RLBBX, CLBAX, CLBEX, RLBFX] at this time. Please try again later

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American Balanced Competitive Analysis

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

	CLBAX	FBONX	FBAFX	ABALX	BALFX	RLBCX	RLBBX	CLBEX	RLBFX
	0.30 36.45 AMERICAN	0.36 36.30 American	0.36 36.30 American	0.30 36.53 American	0.33 36.50 American	0.33 36.06 American	0.30 36.20 American	0.30 36.42 American	0.36 36.36 American
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Modest	Modest	Modest	Modest	Modest	Insignificant	Modest	Modest	Modest
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Under Valued	Fairly Valued	Fairly Valued	Fairly Valued	Under Valued	Fairly Valued	Fairly Valued	Under 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 Hold	Strong Buy	Hold	Strong Hold	Strong Hold	Strong Buy	Strong Hold	Strong Hold	Strong Buy
Net Asset	135.34 B	211.34 B	211.34 B	202.13 B	202.13 B	135.34 B	135.34 B	135.34 B	135.34 B
Price To Book	2.89	N/A	N/A	2.67	2.67	2.67	2.67	2.67	2.67
Five Year Return	8.47	N/A	N/A	8.52	8.4	8.16	7.63	8.22	8.75
One Year Return	20.96	N/A	N/A	20.99	21.03	20.57	20.19	20.63	21.42
Last Dividend Paid	0.1	0.12	0.12	0.1	0.09	0.07	0.04	0.08	0.12
Price To Earning	19.83	N/A	N/A	19.97	19.97	19.97	19.97	19.97	19.97
Price To Sales	2.05	N/A	N/A	1.91	1.91	1.91	1.91	1.91	1.91
Cash Position Weight	4.55	4.55	4.55	4.55	4.55	4.55	4.55	4.55	4.55
Equity Positions Weight	59.3	59.3	59.3	59.3	59.3	59.3	59.3	59.3	59.3
Three Year Return	5.04	N/A	N/A	5.08	4.93	4.72	4.18	4.79	5.26
Annual Yield	0.0216	0.0242	0.0239	0.0219	0.0213	0.019	0.015	0.0194	0.0243
Year To Date Return	14.44	N/A	N/A	14.47	13.99	14.13	13.31	14.16	14.33
Bond Positions Weight	2.53	2.53	2.53	2.53	2.53	2.53	2.53	2.53	2.53
Ten Year Return	9.86	N/A	N/A	9.94	9.9	9.57	9.11	9.59	10.24
Daily Balance Of Power	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)	9.2 T	9.2 T	(9,223,372,036,855)	9.2 T	9.2 T	(9,223,372,036,855)
Day Typical Price	36.45	36.3	36.3	36.53	36.5	36.06	36.2	36.42	36.36
Period Momentum Indicator	0.11	(0.13)	(0.13)	0.11	0.12	(0.12)	0.11	0.11	(0.13)
Rate Of Daily Change	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0
Day Median Price	36.45	36.3	36.3	36.53	36.5	36.06	36.2	36.42	36.36
Price Action Indicator	0.055	(0.07)	(0.07)	0.055	0.06	(0.06)	0.055	0.055	(0.07)
Coefficient Of Variation	1402.76	1416.73	1411.98	1415.58	1430.78	1487.54	1548.96	1442.59	1389.94
Mean Deviation	0.375	0.3784	0.3784	0.3774	0.379	0.3752	0.3771	0.3767	0.3759
Jensen Alpha	(0.03)	0.0257	N/A	(0.03)	(0.03)	0.0238	(0.03)	(0.03)	0.0259
Total Risk Alpha	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)	(0.04)
Sortino Ratio	(0.13)	(0.13)	(0.13)	(0.13)	(0.14)	(0.14)	(0.14)	(0.14)	(0.13)
Downside Variance	0.2986	0.3054	0.3046	0.3037	0.2923	0.3044	0.2925	0.3033	0.2991
Standard Deviation	0.5026	0.5086	0.5068	0.5064	0.5063	0.5053	0.5058	0.5052	0.5038
Kurtosis	0.5222	0.5345	0.5237	0.5556	0.4959	0.5661	0.5036	0.5336	0.4792
Potential Upside	0.8784	0.9052	0.8767	0.8764	0.8772	0.8817	0.8827	0.8787	0.8755
Treynor Ratio	0.0481	10.36	N/A	0.0476	0.0469	15.98	0.0419	0.0463	6.73
Maximum Drawdown	2.17	2.22	2.19	2.19	2.2	2.21	2.18	2.17	2.16
Variance	0.2526	0.2587	0.2568	0.2564	0.2563	0.2553	0.2559	0.2552	0.2538
Market Risk Adjusted Performance	0.0581	10.37	N/A	0.0576	0.0569	15.99	0.0519	0.0563	6.74
Risk Adjusted Performance	0.0492	0.0488	0.049	0.0488	0.0482	0.0462	0.0442	0.0478	0.0497
Skewness	(0.33)	(0.32)	(0.34)	(0.33)	(0.32)	(0.33)	(0.30)	(0.33)	(0.32)
Semi Deviation	0.4554	0.4698	0.4691	0.4684	0.4683	0.471	0.4633	0.4689	0.4555
Information Ratio	(0.15)	(0.14)	(0.15)	(0.15)	(0.15)	(0.15)	(0.15)	(0.15)	(0.15)
Value At Risk	(0.91)	(0.90)	(0.88)	(0.90)	(0.91)	(0.88)	(0.89)	(0.91)	(0.90)
Expected Short fall	(0.40)	(0.39)	(0.38)	(0.39)	(0.39)	(0.39)	(0.39)	(0.40)	(0.39)
Downside Deviation	0.5464	0.5527	0.5519	0.5511	0.5406	0.5517	0.5409	0.5508	0.5469
Semi Variance	0.2074	0.2207	0.22	0.2194	0.2193	0.2219	0.2146	0.2199	0.2075

American Balanced Competition Performance Charts

Five steps to successful analysis of American Balanced Competition

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

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

In addition to having American Balanced in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Asset Allocation ETFs theme has 144 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Asset Allocation ETFs Theme or any other thematic opportunities.

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Other Information on Investing in AMERICAN Mutual Fund

American Balanced 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 Balanced security.

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American Balanced Competition

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American Balanced Competition Correlation Matrix

Risk-Adjusted Indicators

American Balanced Competitive Analysis

American Balanced Competition Performance Charts

Five steps to successful analysis of American Balanced Competition

Complement your American Balanced position

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Other Information on Investing in AMERICAN Mutual Fund

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