American Century Etf Performance
| AVNM Etf | 57.20 0.55 0.97% |
The etf shows a Beta (market volatility) of 0.44, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, American Century's returns are expected to increase less than the market. However, during the bear market, the loss of holding American Century is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days American Century ETF has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, American Century is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
American |
American Century Relative Risk vs. Return Landscape
If you would invest 5,737 in American Century ETF on September 2, 2024 and sell it today you would lose (17.00) from holding American Century ETF or give up 0.3% of portfolio value over 90 days. American Century ETF is currently does not generate positive expected returns and assumes 0.8354% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than American, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
American Century Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Century's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as American Century ETF, and traders can use it to determine the average amount a American Century's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0014
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AVNM |
Estimated Market Risk
| 0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average American Century is not performing at its full potential. However, 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 Century by adding American Century to a well-diversified portfolio.
About American Century Performance
By examining American Century's fundamental ratios, stakeholders can obtain critical insights into American Century's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that American Century is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
American Century is entity of United States. It is traded as Etf on NYSE ARCA exchange.| American Century ETF generated a negative expected return over the last 90 days |
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.