American High Financials
| RITAX Fund | USD 9.84 0.02 0.20% |
American |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
American High Fund Summary
American High competes with Income Fund, New World, American Mutual, American Mutual, and American Funds. The fund invests primarily in higher yielding and generally lower quality debt securities , including corporate loan obligations. It may also invest a portion of its assets in securities of issuers domiciled outside the United States.Specialization | High Yield Bond, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | American High Income |
| Mutual Fund Family | American Funds |
| Mutual Fund Category | High Yield Bond |
| Benchmark | Dow Jones Industrial |
| Phone | 800 421 4225 |
| Currency | USD - US Dollar |
American High Key Financial Ratios
American Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining American High's current stock value. Our valuation model uses many indicators to compare American High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across American High competition to find correlations between indicators driving American High's intrinsic value. More Info.American High Income is rated top fund in annual yield among similar funds. It also is rated top fund in year to date return among similar funds creating about 152.98 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the American High's earnings, one of the primary drivers of an investment's value.American High Income Systematic Risk
American High's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. American High 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on American High Income correlated with the market. If Beta is less than 0 American High generally moves in the opposite direction as compared to the market. If American High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one American High Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of American High is generally in the same direction as the market. If Beta > 1 American High moves generally in the same direction as, but more than the movement of the benchmark.
American High November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of American High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of American High Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of American High Income based on widely used predictive technical indicators. In general, we focus on analyzing American Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build American High's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.1735 | |||
| Information Ratio | (0.58) | |||
| Maximum Drawdown | 0.8266 | |||
| Value At Risk | (0.20) | |||
| Potential Upside | 0.3119 |
Other Information on Investing in American Mutual Fund
American High 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 High security.
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