American Funds Competition

DITFX Fund

USD 22.04 0.12 0.55%

American Funds 2050 competes with Income Fund, New World, American Mutual, American Mutual, and American Funds; as well as few others. The fund is listed under Target-Date 2050 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
21.44	22.04	22.64

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Intrinsic

Valuation

Low	Real	High
21.25	21.85	22.45

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Naive

Forecast

Low	Next	High
21.52	22.12	22.72

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
21.46	21.82	22.17

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as American Funds. Your research has to be compared to or analyzed against American Funds' peers to derive any actionable benefits. When done correctly, American Funds' 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 Funds 2050.

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 2050 does not affect the price movement of the other competitor.

	AMECX	RNEBX	AMFCX	AMFFX	RNCCX	FPPPX	AMEFX	RNGGX	RNGFX	RNGHX
AMECX		0.5	0.9	0.9	0.89	-0.25	1.0	0.86	0.92	0.86	AMECX
RNEBX	0.5		0.44	0.43	0.63	0.29	0.49	0.39	0.37	0.39	RNEBX
AMFCX	0.9	0.44		1.0	0.76	-0.36	0.9	0.93	0.88	0.93	AMFCX
AMFFX	0.9	0.43	1.0		0.75	-0.37	0.9	0.94	0.88	0.94	AMFFX
RNCCX	0.89	0.63	0.76	0.75		0.18	0.89	0.64	0.71	0.64	RNCCX
FPPPX	-0.25	0.29	-0.36	-0.37	0.18		-0.25	-0.52	-0.48	-0.52	FPPPX
AMEFX	1.0	0.49	0.9	0.9	0.89	-0.25		0.87	0.92	0.87	AMEFX
RNGGX	0.86	0.39	0.93	0.94	0.64	-0.52	0.87		0.94	1.0	RNGGX
RNGFX	0.92	0.37	0.88	0.88	0.71	-0.48	0.92	0.94		0.94	RNGFX
RNGHX	0.86	0.39	0.93	0.94	0.64	-0.52	0.87	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
RNGGX	+ 0.94	AMFFX
RNGHX	+ 0.94	AMFFX
RNGFX	+ 0.94	RNGGX

High negative correlations

RNGHX	- 0.52	FPPPX
RNGGX	- 0.52	FPPPX
RNGFX	- 0.48	FPPPX
FPPPX	- 0.37	AMFFX
FPPPX	- 0.36	AMFCX
AMEFX	- 0.25	FPPPX

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
AMECX	0.32	(0.02)	(0.22)	0.09	0.31	(0.35)	0.68	(0.72)	1.81
RNEBX	0.55	(0.02)	0.00	0.56	0.00	0.00	1.27	(1.32)	3.78
AMFCX	0.46	0.05	(0.14)	2.37	0.43	(0.52)	0.90	(0.88)	2.68
AMFFX	0.46	0.05	(0.14)	2.76	0.43	(0.52)	0.90	(0.86)	2.68
RNCCX	0.25	(0.02)	(0.31)	0.07	0.25	(0.28)	0.52	(0.52)	1.32
FPPPX	0.11	(0.02)	0.00	(0.37)	0.00	0.00	0.21	(0.21)	0.84
AMEFX	0.32	(0.02)	(0.21)	0.09	0.33	(0.36)	0.68	(0.73)	1.81
RNGGX	0.67	0.07	(0.05)	1.50	0.97	(0.68)	1.46	(1.96)	4.07
RNGFX	0.66	(0.03)	(0.03)	0.10	0.97	(0.68)	1.47	(1.97)	4.06
RNGHX	0.67	0.07	(0.05)	1.48	0.97	(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

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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

	DITFX	AMECX	RNEBX	AMFCX	AMFFX	RNCCX	FPPPX	AMEFX	RNGGX	RNGFX
	0.55 22.04 AMERICAN	0.31 26.28 Income	0.05 79.19 New	0.15 59.22 American	0.13 60.03 American	0.37 13.72 American	0.11 9.42 American	0.31 26.25 Income	0.72 67.93 New	0.47 68.55 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)	Good	Good	Weak	OK	OK	OK	Very Weak	Good	Good	Good
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly 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	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Hold	Strong Sell	Hold	Hold	Hold	Sell	Hold	Cautious Hold	Strong Buy
Net Asset	7.71 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	N/A	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	10.77	7.73	5.36	10.06	10.83	5.9	N/A	7.95	12.25	12.2
One Year Return	23.73	20.42	12.2	24.27	25.14	15.99	N/A	20.63	32.35	32.28
Last Dividend Paid	0.02	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	7.48	9.79	9.22	9.92	9.92	5.37	7.5	4.78	13.06	13.06
Equity Positions Weight	82.4	64.65	86.94	89.77	89.77	45.0	0.17	73.5	86.36	86.36
Three Year Return	4.89	5.7	-1.69	7.89	8.64	3.84	N/A	5.93	4.3	4.25
Annual Yield	0.0137	0.0333	0.0086	0.0121	0.018	0.0351	N/A	0.0353	0.0045	0.0041
Year To Date Return	16.83	13.64	7.28	18.76	19.49	10.31	N/A	13.88	25.5	25.43
Bond Positions Weight	1.22	3.17	3.24	N/A	N/A	7.31	7.4	20.12	N/A	N/A
Ten Year Return	10.6	8.23	5.46	9.91	10.71	N/A	N/A	8.42	14.13	14.08
Day Typical Price	22.04	26.28	79.19	59.22	60.03	13.72	9.42	26.25	67.93	68.55
Daily Balance Of Power	9.2 T	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	9.2 T	9.2 T	9.2 T	(9,223,372,036,855)	9.2 T
Period Momentum Indicator	0.12	0.08	(0.04)	(0.09)	(0.08)	0.05	0.01	0.08	(0.49)	0.32
Rate Of Daily Change	1.01	1.0	1.0	1.0	1.0	1.0	1.0	1.0	0.99	1.0
Day Median Price	22.04	26.28	79.19	59.22	60.03	13.72	9.42	26.25	67.93	68.55
Price Action Indicator	0.06	0.04	(0.02)	(0.04)	(0.04)	0.025	0.005	0.04	(0.24)	0.16
Relative Strength Index	69.5	65.4	47.21	67.03	67.31	64.92	42.18	65.37	71.32	72.37
Coefficient Of Variation	962.01	807.89	(3,984)	899.89	866.32	991.92	(3,105)	809.44	1115.48	917.03
Mean Deviation	0.4773	0.317	0.5516	0.4564	0.4557	0.2516	0.1114	0.3235	0.6702	0.6641
Jensen Alpha	(0.03)	(0.02)	(0.02)	0.0501	0.053	(0.02)	(0.02)	(0.02)	0.0668	(0.03)
Total Risk Alpha	(0.05)	(0.03)	(0.15)	(0.04)	(0.04)	(0.03)	(0.04)	(0.03)	(0.08)	(0.06)
Sortino Ratio	(0.09)	(0.22)	N/A	(0.14)	(0.14)	(0.31)	N/A	(0.21)	(0.05)	(0.03)
Downside Variance	0.5594	0.1658	N/A	0.2668	0.2656	0.1142	N/A	0.1702	1.23	1.17
Standard Deviation	0.6412	0.4042	0.7517	0.5665	0.5677	0.3148	0.1463	0.4105	0.9259	0.9241
Kurtosis	1.03	0.0529	0.9066	0.3251	0.3701	(0.40)	1.39	(0.02)	1.28	1.41
Potential Upside	1.01	0.6778	1.27	0.8973	0.9024	0.5151	0.2121	0.6789	1.46	1.47
Treynor Ratio	0.0825	0.0912	0.5616	2.37	2.76	0.069	(0.37)	0.0917	1.5	0.0974
Maximum Drawdown	2.94	1.81	3.78	2.68	2.68	1.32	0.842	1.81	4.07	4.06
Variance	0.4112	0.1634	0.565	0.3209	0.3223	0.0991	0.0214	0.1685	0.8573	0.854
Market Risk Adjusted Performance	0.0925	0.1012	0.5716	2.38	2.77	0.079	(0.36)	0.1017	1.51	0.1074
Risk Adjusted Performance	0.0775	0.0857	(0.02)	0.0815	0.0848	0.0628	(0.07)	0.0858	0.0703	0.0851
Skewness	(0.58)	(0.26)	(0.20)	0.1985	0.2031	(0.28)	(0.33)	(0.25)	(0.71)	(0.76)
Semi Deviation	0.6407	0.3133	N/A	0.4311	0.4267	0.2511	N/A	0.3262	0.9659	0.9686
Information Ratio	(0.11)	(0.22)	(0.21)	(0.13)	(0.13)	(0.34)	(0.97)	(0.21)	(0.06)	(0.04)
Value At Risk	(1.20)	(0.72)	(1.32)	(0.88)	(0.86)	(0.52)	(0.21)	(0.73)	(1.96)	(1.97)
Expected Short fall	(0.48)	(0.35)	N/A	(0.52)	(0.52)	(0.28)	N/A	(0.36)	(0.68)	(0.68)
Downside Deviation	0.7479	0.4072	N/A	0.5165	0.5153	0.338	N/A	0.4125	1.11	1.08
Semi Variance	0.4105	0.0981	N/A	0.1859	0.182	0.063	N/A	0.1064	0.9331	0.9381

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 2050 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 2050, 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

In addition to having American Funds 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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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Chemicals theme has 61 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 Chemicals Theme or any other thematic opportunities.

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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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American Funds Competition

Specify up to 10 symbols:

American Funds Competition Correlation Matrix

Risk-Adjusted Indicators

American Funds Competitive Analysis

American Funds Competition Performance Charts

Five steps to successful analysis of American Funds Competition

Complement your American Funds position

Did You Try This Idea?

Run Chemicals Thematic Idea Now

Chemicals

Other Information on Investing in AMERICAN Mutual Fund

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