The Home Depot, Inc. Q2 2024 Earnings Call Transcript
AMBFX Fund | USD 36.75 0.06 0.16% |
Slightly above 62% of American Balanced's investor base is looking to short. The analysis of overall sentiment of trading American Balanced Fund mutual fund suggests that many investors are alarmed at this time. American Balanced's investing sentiment can be driven by a variety of factors including economic data, American Balanced's earnings reports, geopolitical events, and overall market trends.
American |
Operator Greetings, and welcome to The Home Depot Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
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American Balanced Fundamental Analysis
We analyze American Balanced's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of American Balanced using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of American Balanced based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Position Weight
Cash Position Weight Comparative Analysis
American Balanced is currently under evaluation in cash position weight among similar funds. Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
American Balanced Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with American Balanced mutual fund to make a market-neutral strategy. Peer analysis of American Balanced could also be used in its relative valuation, which is a method of valuing American Balanced by comparing valuation metrics with similar companies.
Peers
American Balanced Related Equities
GABTX | Gamco Global | 0.96 | ||||
HHMAX | The Hartford | 0.24 | ||||
FHYVX | Franklin High | 0.22 | ||||
PRFHX | T Rowe | 0.18 | ||||
BIDPX | Ishares Municipal | 0.09 | ||||
TMNIX | Counterpoint Tactical | 0.36 |
Other Information on Investing in American Mutual Fund
American Balanced 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 Balanced security.
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