Investment Competition

RICGX Fund

USD 62.62 0.36 0.58%

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

Specify up to 10 symbols:

Hype

Prediction

Low	Estimated	High
61.52	62.27	63.02

Details

Intrinsic

Valuation

Low	Real	High
60.94	61.69	62.44

Details

Naive

Forecast

Low	Next	High
60.67	61.42	62.16

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
61.18	62.25	63.32

Details

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

Investment Competition Correlation Matrix

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

	AMECX	RNEBX	AMFCX	AMFFX	RNCCX	FPPPX	AMEFX	RNGGX	RNGFX	RNGHX
AMECX		0.65	0.98	0.98	0.9	-0.17	1.0	0.91	0.91	0.91	AMECX
RNEBX	0.65		0.57	0.56	0.8	0.27	0.65	0.48	0.48	0.48	RNEBX
AMFCX	0.98	0.57		1.0	0.86	-0.24	0.98	0.93	0.93	0.93	AMFCX
AMFFX	0.98	0.56	1.0		0.85	-0.25	0.98	0.93	0.93	0.93	AMFFX
RNCCX	0.9	0.8	0.86	0.85		0.25	0.89	0.71	0.71	0.71	RNCCX
FPPPX	-0.17	0.27	-0.24	-0.25	0.25		-0.17	-0.45	-0.45	-0.45	FPPPX
AMEFX	1.0	0.65	0.98	0.98	0.89	-0.17		0.91	0.91	0.91	AMEFX
RNGGX	0.91	0.48	0.93	0.93	0.71	-0.45	0.91		1.0	1.0	RNGGX
RNGFX	0.91	0.48	0.93	0.93	0.71	-0.45	0.91	1.0		1.0	RNGFX
RNGHX	0.91	0.48	0.93	0.93	0.71	-0.45	0.91	1.0	1.0		RNGHX
	AMECX	RNEBX	AMFCX	AMFFX	RNCCX	FPPPX	AMEFX	RNGGX	RNGFX	RNGHX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

High positive correlations

AMEFX	+ 1.0	AMECX
AMFFX	+ 1.0	AMFCX
RNGFX	+ 1.0	RNGGX
RNGHX	+ 1.0	RNGGX
RNGHX	+ 1.0	RNGFX
AMFCX	+ 0.98	AMECX

High negative correlations

RNGHX	- 0.45	FPPPX
RNGFX	- 0.45	FPPPX
RNGGX	- 0.45	FPPPX
FPPPX	- 0.25	AMFFX
FPPPX	- 0.24	AMFCX
AMEFX	- 0.17	FPPPX

Risk-Adjusted Indicators

There is a big difference between Investment Mutual Fund performing well and Investment 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 Investment'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	0.32	(0.01)	(0.18)	0.10	0.30	(0.36)	0.70	(0.72)	2.01
RNEBX	0.56	(0.07)	0.00	(0.04)	0.00	0.00	1.27	(1.32)	3.78
AMFCX	0.46	(0.02)	(0.12)	0.09	0.42	(0.51)	0.90	(0.88)	2.68
AMFFX	0.46	(0.02)	(0.11)	0.09	0.42	(0.51)	0.91	(0.86)	2.68
RNCCX	0.25	(0.02)	(0.31)	0.05	0.26	(0.28)	0.52	(0.52)	1.42
FPPPX	0.11	(0.01)	0.00	0.43	0.00	0.00	0.21	(0.21)	0.84
AMEFX	0.33	(0.01)	(0.18)	0.10	0.32	(0.37)	0.70	(0.73)	2.01
RNGGX	0.67	(0.04)	(0.04)	0.08	0.96	(0.68)	1.46	(1.96)	4.07
RNGFX	0.67	(0.04)	(0.04)	0.08	0.97	(0.69)	1.47	(1.97)	4.06
RNGHX	0.67	(0.04)	(0.04)	0.08	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

Investment Competitive Analysis

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

	RICGX	AMECX	RNEBX	AMFCX	AMFFX	RNCCX	FPPPX	AMEFX	RNGGX	RNGFX
	0.58 62.62 Investment	0.38 26.19 Income	0.05 79.02 New	0.62 58.83 American	0.61 59.62 American	0.52 13.66 American	0.11 9.40 American	0.38 26.16 Income	0.57 67.60 New	0.84 68.47 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)	OK	OK	Very Weak	OK	OK	Modest	Very Weak	OK	Modest	OK
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	Strong Hold	Hold	Strong Hold	Strong Hold	Hold	Sell	Strong Hold	Strong Hold	Strong Hold
Net Asset	98.59 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	2.7	2.93	2.07	3.02	3.02	2.67	N/A	2.93	2.61	2.36
Five Year Return	15.3	7.73	5.36	9.69	10.45	5.68	N/A	7.95	11.92	11.87
One Year Return	32.58	20.42	12.2	23.12	23.98	16.02	N/A	20.63	30.81	30.75
Last Dividend Paid	0.19	0.17	0.05	0.11	0.2	0.07	0.01	0.18	N/A	N/A
Price To Earning	18.45	19.48	18.23	4.44	4.46	17.31	N/A	19.48	22.08	20.8
Price To Sales	1.83	2.18	1.65	2.06	2.06	1.77	N/A	2.18	1.34	1.23
Cash Position Weight	8.72	9.79	9.22	9.92	9.92	5.37	7.5	4.78	13.06	13.06
Equity Positions Weight	90.82	64.65	86.94	89.77	89.77	45.0	0.17	73.5	86.36	86.36
Three Year Return	11.13	5.7	-1.69	7.37	8.12	3.29	N/A	5.93	2.66	2.61
Annual Yield	0.0142	0.0333	0.0086	0.0121	0.018	0.0351	N/A	0.0353	0.0045	0.0041
Year To Date Return	24.15	13.64	7.28	16.51	17.21	9.25	N/A	13.88	22.44	22.37
Bond Positions Weight	N/A	3.17	3.24	N/A	N/A	7.31	7.4	20.12	N/A	N/A
Ten Year Return	11.65	8.23	5.46	9.91	10.71	N/A	N/A	8.42	14.13	14.08
Day Typical Price	62.62	26.19	79.02	58.83	59.62	13.66	9.4	26.16	67.6	68.47
Daily Balance Of Power	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	(9,223,372,036,855)	9.2 T	9.2 T	9.2 T
Period Momentum Indicator	0.36	0.1	0.04	0.36	0.36	0.07	(0.01)	0.1	0.38	0.57
Rate Of Daily Change	1.01	1.0	1.0	1.01	1.01	1.01	1.0	1.0	1.01	1.01
Day Median Price	62.62	26.19	79.02	58.83	59.62	13.66	9.4	26.16	67.6	68.47
Price Action Indicator	0.18	0.05	0.02	0.18	0.18	0.035	(0.01)	0.05	0.19	0.28
Relative Strength Index	67.28	61.41	53.97	61.05	61.37	60.22	45.71	61.4	67.4	67.28
Coefficient Of Variation	766.57	749.9	(11,956)	818.79	792.53	1162.21	(4,760)	751.87	1082.74	1086.86
Mean Deviation	0.5392	0.3232	0.5567	0.4573	0.4577	0.2529	0.1127	0.3303	0.6716	0.6738
Jensen Alpha	(0.01)	(0.01)	(0.07)	(0.02)	(0.02)	(0.02)	(0.01)	(0.01)	(0.04)	(0.04)
Total Risk Alpha	(0.03)	(0.02)	(0.14)	(0.03)	(0.03)	(0.03)	(0.04)	(0.02)	(0.07)	(0.07)
Sortino Ratio	(0.04)	(0.18)	N/A	(0.12)	(0.11)	(0.31)	N/A	(0.18)	(0.04)	(0.04)
Downside Variance	0.655	0.1658	N/A	0.2749	0.2738	0.1108	N/A	0.1705	1.23	1.14
Standard Deviation	0.7469	0.419	0.7582	0.5719	0.5738	0.3196	0.1481	0.4253	0.9289	0.9312
Kurtosis	1.67	0.1322	0.8285	0.2516	0.2879	(0.25)	1.26	0.0499	1.25	1.25
Potential Upside	1.05	0.7009	1.27	0.8973	0.9139	0.5201	0.2123	0.7018	1.46	1.47
Treynor Ratio	0.1049	0.1007	(0.04)	0.0894	0.0933	0.0544	0.4257	0.101	0.0816	0.0812
Maximum Drawdown	3.71	2.01	3.78	2.68	2.68	1.42	0.842	2.01	4.07	4.06
Variance	0.5579	0.1756	0.5748	0.3271	0.3292	0.1022	0.0219	0.1809	0.8629	0.8672
Market Risk Adjusted Performance	0.1149	0.1107	(0.03)	0.0994	0.1033	0.0644	0.4357	0.111	0.0916	0.0912
Risk Adjusted Performance	0.0998	0.094	(0.01)	0.0903	0.0934	0.052	(0.06)	0.094	0.0726	0.0723
Skewness	(0.26)	(0.08)	(0.21)	0.1969	0.2044	(0.12)	(0.31)	(0.08)	(0.69)	(0.69)
Semi Deviation	0.6675	0.2959	N/A	0.4221	0.4177	0.2552	N/A	0.3173	0.9635	0.9662
Information Ratio	(0.04)	(0.18)	(0.18)	(0.11)	(0.10)	(0.32)	(0.90)	(0.17)	(0.05)	(0.05)
Value At Risk	(1.35)	(0.72)	(1.32)	(0.88)	(0.86)	(0.52)	(0.21)	(0.73)	(1.96)	(1.97)
Expected Short fall	(0.56)	(0.36)	N/A	(0.51)	(0.51)	(0.28)	N/A	(0.37)	(0.68)	(0.69)
Downside Deviation	0.8093	0.4072	N/A	0.5244	0.5233	0.3329	N/A	0.4129	1.11	1.07
Semi Variance	0.4455	0.0875	N/A	0.1781	0.1745	0.0651	N/A	0.1007	0.9284	0.9335

Investment Competition Performance Charts

Five steps to successful analysis of Investment Competition

Investment'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 Investment Of America in relation to its competition. Investment's competition analysis typically involves several steps, including:

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

In addition to having Investment 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.

Did You Try This Idea?

Run Most Shorted Equities Thematic Idea Now

Most Shorted Equities

Dynamically calculated list of top equities currently trending upward via a buy-out by investors. The Most Shorted Equities theme has 208 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 Most Shorted Equities Theme or any other thematic opportunities.

View All Next

Launch

Other Information on Investing in Investment Mutual Fund

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

	Volatility Analysis Get historical volatility and risk analysis based on latest market data
	Transaction History View history of all your transactions and understand their impact on performance
	Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Investment Competition

Specify up to 10 symbols:

Investment Competition Correlation Matrix

Risk-Adjusted Indicators

Investment Competitive Analysis

Investment Competition Performance Charts

Five steps to successful analysis of Investment Competition

Complement your Investment position

Did You Try This Idea?

Run Most Shorted Equities Thematic Idea Now

Most Shorted Equities

Other Information on Investing in Investment Mutual Fund

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY