American Beacon Twentyfour Fund Price on September 11, 2024
TFGIX Fund | USD 8.74 0.01 0.11% |
Below is the normalized historical share price chart for American Beacon Twentyfour extending back to April 03, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of American Beacon stands at 8.74, as last reported on the 24th of November, with the highest price reaching 8.74 and the lowest price hitting 8.74 during the day.
If you're considering investing in American Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider American Mutual Fund to be very steady. American Beacon Twen secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the fund had a 0.15% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for American Beacon Twentyfour, which you can use to evaluate the volatility of the entity. Please confirm American Beacon's mean deviation of 0.0904, and Risk Adjusted Performance of 0.0701 to double-check if the risk estimate we provide is consistent with the expected return of 0.0178%.
American Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
American |
Sharpe Ratio = 0.15
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Estimated Market Risk
0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average American Beacon is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of American Beacon by adding it to a well-diversified portfolio.
American Beacon Valuation on September 11, 2024
It is possible to determine the worth of American Beacon on a given historical date. On September 11, 2024 American was worth 8.71 at the beginning of the trading date compared to the closed value of 8.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of American Beacon mutual fund. Still, in general, we apply an absolute valuation method to find American Beacon's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of American Beacon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against American Beacon's related companies.
Open | High | Low | Close | Volume | |
8.71 | 8.71 | 8.71 | 8.71 | 1.00 | |
09/11/2024 | 8.71 | 8.71 | 8.71 | 8.71 | 1.00 |
8.70 | 8.70 | 8.70 | 8.70 | 1.00 |
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American Beacon Trading Date Momentum on September 11, 2024
On September 12 2024 American Beacon Twentyfour was traded for 8.70 at the closing time. The highest daily price throughout the period was 8.70 and the lowest price was 8.70 . There was no trading activity during the period 1.0. Lack of trading volume on 09/12/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.11% . The overall trading delta to current closing price is 0.34% . |
American Beacon Twen Fundamentals Correlations and Trends
By evaluating American Beacon's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among American Beacon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. American financial account trend analysis is a perfect complement when working with valuation or volatility modules.About American Beacon Mutual Fund history
American Beacon investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for American is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in American Beacon Twen will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing American Beacon stock prices may prove useful in developing a viable investing in American Beacon
Under normal circumstances, the fund invests primarily in fixed-income securities and derivatives that provide exposure to fixed-income securities. The funds investments may include fixed-income instruments of any maturity or duration. It may invest in other investment companies, including ETFs and government money market funds, shares of REITs and restricted securities. The fund may invest a significant portion of its total assets in non-investment grade securities, and in U.S. Treasury obligations.
American Beacon Mutual Fund Technical Analysis
American Beacon technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
American Beacon Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
American Beacon Twentyfour cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
American Beacon November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how American Beacon mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading American Beacon shares will generate the highest return on investment. By undertsting and applying American Beacon mutual fund market strength indicators, traders can identify American Beacon Twentyfour entry and exit signals to maximize returns
American Beacon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for American Beacon's price direction in advance. Along with the technical and fundamental analysis of American Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of American to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0701 | |||
Jensen Alpha | 0.0088 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.68) | |||
Treynor Ratio | 2.57 |
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Volume Indicators |
Other Information on Investing in American Mutual Fund
American Beacon 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 Beacon security.
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