Capital Group Financial Statements From 2010 to 2024
| CGBL Etf | 31.96 0.18 0.57% |
Check Capital Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Capital Group's main balance sheet or income statement drivers, such as , as well as many indicators such as . Capital financial statements analysis is a perfect complement when working with Capital Group Valuation or Volatility modules.
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Capital Group Core ETF One Year Return Analysis
Capital Group's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Capital Group One Year Return | 24.30 % |
Most of Capital Group's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Capital Group Core is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Capital Group Core has an One Year Return of 24.3%. This is much higher than that of the family and significantly higher than that of the Moderate Allocation category. The one year return for all United States etfs is notably lower than that of the firm.
About Capital Group Financial Statements
Capital Group investors utilize fundamental indicators, such as revenue or net income, to predict how Capital Etf might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
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The market value of Capital Group Core is measured differently than its book value, which is the value of Capital that is recorded on the company's balance sheet. Investors also form their own opinion of Capital Group's value that differs from its market value or its book value, called intrinsic value, which is Capital Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Capital Group's market value can be influenced by many factors that don't directly affect Capital Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Capital Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Capital Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Capital Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.