American Funds Competition

PPVFX Fund

USD 9.55 0.01 0.10%

American Funds Prese competes with One Choice, Goldman Sachs, Columbia Small, Gabelli Equity, and Franklin Gold; as well as few others. The fund is listed under Short-Term Bond category and is part of Capital Group 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.

American Funds vs Mfs Technology Correlation

Poor diversification

The correlation between American Funds Preservation and MTCAX is 0.77 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding American Funds Preservation and MTCAX in the same portfolio, assuming nothing else is changed.

Moving together with American Mutual Fund

0.86	AMECX	Income Fund	Pair Corr
0.88	AMFCX	American Mutual	Pair Corr
0.84	AMFFX	American Mutual	Pair Corr
0.87	CUSEX	Capital Group Equity	Pair Corr
0.66	AMHIX	American High Income	Pair Corr

Moving against American Mutual Fund

0.62

AMRMX

American Mutual

Pair Corr

Specify up to 10 symbols:

Hype

Prediction

Low	Estimated	High
9.46	9.55	9.64

Details

Intrinsic

Valuation

Low	Real	High
8.69	8.78	10.51

Details

Naive

Forecast

Low	Next	High
9.45	9.54	9.63

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
9.54	9.55	9.56

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 Prese.

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

	AOMIX	GEMAX	CSVYX	GAB	FGADX	HFCSX	FLIFX	GABSX	MTCAX
AOMIX		0.82	0.87	0.82	0.9	-0.61	0.92	0.86	0.92	AOMIX
GEMAX	0.82		0.75	0.48	0.81	-0.32	0.87	0.75	0.69	GEMAX
CSVYX	0.87	0.75		0.86	0.91	-0.7	0.89	0.96	0.77	CSVYX
GAB	0.82	0.48	0.86		0.79	-0.79	0.74	0.83	0.8	GAB
FGADX	0.9	0.81	0.91	0.79		-0.7	0.86	0.93	0.82	FGADX
HFCSX	-0.61	-0.32	-0.7	-0.79	-0.7		-0.47	-0.73	-0.62	HFCSX
FLIFX	0.92	0.87	0.89	0.74	0.86	-0.47		0.85	0.79	FLIFX
GABSX	0.86	0.75	0.96	0.83	0.93	-0.73	0.85		0.75	GABSX
MTCAX	0.92	0.69	0.77	0.8	0.82	-0.62	0.79	0.75		MTCAX
	AOMIX	GEMAX	CSVYX	GAB	FGADX	HFCSX	FLIFX	GABSX	MTCAX

High positive correlations

GABSX	+ 0.96	CSVYX
GABSX	+ 0.93	FGADX
FLIFX	+ 0.92	AOMIX
MTCAX	+ 0.92	AOMIX
FGADX	+ 0.91	CSVYX
FGADX	+ 0.9	AOMIX

High negative correlations

HFCSX	- 0.79	GAB
GABSX	- 0.73	HFCSX
HFCSX	- 0.7	FGADX
HFCSX	- 0.7	CSVYX
MTCAX	- 0.62	HFCSX
HFCSX	- 0.61	AOMIX

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
AOMIX	0.40	0.07	0.09	0.18	0.26	(0.48)	0.79	(0.72)	5.69
GEMAX	0.62	0.17	0.19	1.02	0.42	(0.73)	1.35	(1.09)	3.29
CSVYX	0.79	0.07	0.08	0.11	0.71	(0.99)	2.38	(1.38)	5.00
GAB	0.63	0.01	(0.04)	0.07	0.65	(0.75)	1.48	(1.13)	3.62
FGADX	1.70	0.66	0.31	0.86	1.44	(2.00)	4.33	(3.53)	9.51
HFCSX	1.89	(0.47)	0.00	(0.26)	0.00	0.00	2.77	(2.91)	33.23
FLIFX	0.22	0.01	(0.10)	0.07	0.21	(0.25)	0.47	(0.47)	1.33
GABSX	0.74	0.11	0.13	0.16	0.59	(0.83)	2.33	(1.28)	5.07
MTCAX	1.79	0.50	0.14	17.10	2.40	(1.99)	1.89	(2.72)	47.86

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

	PPVFX	AOMIX	GEMAX	CSVYX	GAB	FGADX	HFCSX	FLIFX	GABSX	MTCAX
	0.10 9.55 American	0.36 16.47 One	0.60 31.61 Goldman	1.24 55.70 Columbia	0.50 6.08 Gabelli	10.49 56.65 Franklin	2.77 40.42 Hennessy	0.39 15.31 Fidelity	0.46 47.61 The	1.03 63.55 Mfs
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Not too volatile	Very steady	Not too volatile	Very steady	Very steady	Not too volatile
Market Performance (90 Days Performance)	Fair	Good	Solid	Good	Soft	Strong	Weakest	Fair	Good	Fair
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	Under Valued	Fairly Valued	Fairly Valued	Under 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	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Buy	Strong Hold	Strong Hold	Hold	Strong Buy	Hold	Hold	Strong Hold	Cautious Hold
Net Asset	1.89 B	1.83 B	2.92 B	693.95 M	N/A	729.8 M	513.22 M	1.94 B	1.83 B	2.19 B
Minimum Initial Investment	N/A	2.5 K	N/A	N/A	N/A	100 K	N/A	N/A	N/A	N/A
Price To Book	N/A	2.26	2.39	1.37	1.03	1.28	2.82	2.06	2.28	4.62
Five Year Return	1.33	5.68	1.78	12.91	11.65	29.58	13.56	3.95	10.8	12.5
One Year Return	5.37	12.23	47.33	18.87	20.54	100.0	34.06	11.75	11.71	14.94
Last Dividend Paid	0.01	0.05	N/A	0.09	0.6	2.52	N/A	0.02	N/A	N/A
Price To Earning	N/A	17.22	4.8	18.64	10.34	18.89	1.69	17.67	19.54	2.1
Beta	N/A	N/A	N/A	N/A	0.94	N/A	N/A	N/A	N/A	N/A
Price To Sales	N/A	1.44	2.06	0.93	51.46	1.2	1.21	1.45	0.97	4.36
Cash Position Weight	7.5	2.47	0.02	0.79	N/A	1.77	1.91	10.87	0.09	4.76
Equity Positions Weight	0.17	61.09	99.99	99.21	N/A	97.83	98.09	40.38	99.84	95.24
Three Year Return	4.13	10.76	14.87	14.18	15.84	59.57	20.77	8.72	12.78	31.09
Annual Yield	0.0388	0.0272	0.0042	0.0206	0.0137	0.0981	N/A	0.0319	0.0027	N/A
Year To Date Return	0.0785	2.11	11.38	6.42	6.08	26.86	9.77	1.46	6.15	2.58
Bond Positions Weight	7.4	35.41	N/A	N/A	N/A	0.17	N/A	48.31	N/A	N/A
Ten Year Return	N/A	7.77	3.79	6.49	N/A	-3.38	11.58	6.61	8.52	18.32
Day Typical Price	9.55	16.47	31.61	55.7	6.07	56.65	40.42	15.31	47.61	63.55
Accumulation Distribution	N/A	N/A	N/A	N/A	2221.16	N/A	N/A	N/A	N/A	N/A
Daily Balance Of Power	9.2 T	0	9.2 T	0	0.75	0	0	0	0	9.2 T
Period Momentum Indicator	0.01	(0.06)	0.19	(0.70)	0.03	(6.64)	(1.15)	(0.06)	(0.22)	0.65
Rate Of Daily Change	1.0	1.0	1.01	0.99	1.0	0.9	0.97	1.0	1.0	1.01
Day Median Price	9.55	16.47	31.61	55.7	6.07	56.65	40.42	15.31	47.61	63.55
Price Action Indicator	0.005	(0.03)	0.095	(0.35)	0.025	(3.32)	(0.57)	(0.03)	(0.11)	0.32
Relative Strength Index	56.42	63.45	73.48	57.37	50.21	56.38	42.84	57.66	57.1	62.69
Coefficient Of Variation	1159.95	660.66	408.49	808.95	2195.16	317.41	(1,084)	935.25	582.78	1148.41
Mean Deviation	0.0684	0.4007	0.6173	0.7869	0.6315	1.7	1.89	0.2159	0.7424	1.79
Jensen Alpha	(0)	0.0688	0.1748	0.065	0.0078	0.6562	(0.47)	0.005	0.1131	0.5045
Total Risk Alpha	(0.01)	0.0464	0.128	0.0454	(0.03)	0.5392	(0.69)	3.0E-4	0.0932	0.0873
Sortino Ratio	(0.42)	0.0891	0.1866	0.0819	(0.04)	0.3078	N/A	(0.1)	0.1332	0.1427
Downside Variance	0.0162	0.2493	0.506	0.6905	0.5004	4.41	N/A	0.1051	0.7337	10.15
Standard Deviation	0.0928	0.6988	0.7927	1.05	0.7899	2.25	4.19	0.2831	1.02	5.93
Kurtosis	(0.09)	23.22	0.4321	1.15	0.2801	0.4321	45.0	0.3778	0.9561	50.51
Potential Upside	0.1056	0.7853	1.35	2.38	1.48	4.33	2.77	0.4676	2.33	1.89
Treynor Ratio	(0.13)	0.1821	1.02	0.1127	0.0731	0.8582	(0.26)	0.0682	0.1622	17.1
Maximum Drawdown	0.4204	5.69	3.29	5.0	3.62	9.51	33.23	1.33	5.07	47.86
Variance	0.0086	0.4883	0.6284	1.1	0.6239	5.05	17.58	0.0801	1.04	35.12
Market Risk Adjusted Performance	(0.12)	0.1921	1.03	0.1227	0.0831	0.8682	(0.25)	0.0782	0.1722	17.11
Risk Adjusted Performance	(0.01)	0.1095	0.1786	0.0928	0.0339	0.2355	(0.06)	0.062	0.1275	0.072
Skewness	(0.01)	3.67	0.0748	0.7255	0.4468	(0.10)	(6.15)	(0.50)	0.7726	6.42
Semi Deviation	0.0	0.26	0.4249	0.7073	0.6494	1.44	N/A	0.2127	0.5923	2.4
Information Ratio	(0.57)	0.0636	0.1675	0.065	(0.03)	0.2878	(0.11)	(0.11)	0.1116	0.0767
Value At Risk	(0.11)	(0.72)	(1.09)	(1.38)	(1.13)	(3.53)	(2.91)	(0.47)	(1.28)	(2.72)
Expected Short fall	(0.12)	(0.48)	(0.73)	(0.99)	(0.75)	(2.00)	N/A	(0.25)	(0.83)	(1.99)
Downside Deviation	0.1272	0.4993	0.7114	0.8309	0.7074	2.1	N/A	0.3241	0.8566	3.19
Semi Variance	(0)	0.0676	0.1806	0.5003	0.4217	2.07	N/A	0.0452	0.3508	5.75

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 Prese 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 Prese, 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

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New or established technology companies and funds across multiple sectors that are involved in development or marketing of products or services that experience disruptive trends and that are at the forefront of discussions on Wall Street. The Disruptive Technologies theme has 36 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 Disruptive Technologies Theme or any other thematic opportunities.

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Other Information on Investing in American Mutual Fund

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.

	Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets
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	Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account

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American Funds Competition

American Funds vs Mfs Technology Correlation

Poor diversification

Moving together with American Mutual Fund

Moving against American Mutual Fund

Specify up to 10 symbols:

American Funds Competition Correlation Matrix

High positive correlations

High negative correlations

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

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Run Disruptive Technologies Thematic Idea Now

Disruptive Technologies

Other Information on Investing in American Mutual Fund

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