American Century Financials
AVNM Etf | 57.20 0.55 0.97% |
Net Expense Ratio 0.0031 |
American |
The data published in American Century's official financial statements typically reflect American Century's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving American Century's quantitative information. For example, before you start analyzing numbers published by American accountants, it's essential to understand American Century's liquidity, profitability, and earnings quality within the context of the Foreign Large Blend space in which it operates.
American Century Etf Summary
American Century competes with Northern Lights, Northern Lights, Northern Lights, Pinnacle Focused, and FundX Investment. American Century is entity of United States. It is traded as Etf on NYSE ARCA exchange.Instrument | USA Etf View All |
Exchange | NYSE ARCA Exchange |
ISIN | US0250721745 |
CUSIP | 025072174 |
Region | Global |
Investment Issuer | American Century Investments |
Fund Category | Asset Allocation |
Portfolio Concentration | Broad Equity |
Benchmark | Dow Jones Industrial |
American Century ETF Systematic Risk
American Century's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. American Century volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on American Century ETF correlated with the market. If Beta is less than 0 American Century generally moves in the opposite direction as compared to the market. If American Century Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one American Century ETF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of American Century is generally in the same direction as the market. If Beta > 1 American Century moves generally in the same direction as, but more than the movement of the benchmark.
American Century Thematic Clasifications
American Century ETF is part of several thematic ideas from Asset Allocation ETFs to Broad Equity ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasAmerican Century November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of American Century help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of American Century ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of American Century ETF based on widely used predictive technical indicators. In general, we focus on analyzing American Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build American Century's daily price indicators and compare them against related drivers.
Information Ratio | (0.19) | |||
Maximum Drawdown | 4.21 | |||
Value At Risk | (1.76) | |||
Potential Upside | 1.46 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Century ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of American Century ETF is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Century's value that differs from its market value or its book value, called intrinsic value, which is American Century'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 American Century's market value can be influenced by many factors that don't directly affect American Century'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 American Century's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Century is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Century'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.