American Beacon Stephens Fund Market Value
| STMGX Fund | USD 33.89 0.29 0.86% |
| Symbol | American |
American Beacon 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to American Beacon's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of American Beacon.
| 01/06/2023 |
| 11/26/2024 |
If you would invest 0.00 in American Beacon on January 6, 2023 and sell it all today you would earn a total of 0.00 from holding American Beacon Stephens or generate 0.0% return on investment in American Beacon over 690 days. American Beacon is related to or competes with American Beacon, American Beacon, American Beacon, American Beacon, and Baird Midcap. Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities of medium capita... More
American Beacon Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure American Beacon's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess American Beacon Stephens upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9338 | |||
| Information Ratio | 0.067 | |||
| Maximum Drawdown | 4.41 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 1.44 |
American Beacon Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Beacon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Beacon's standard deviation. In reality, there are many statistical measures that can use American Beacon historical prices to predict the future American Beacon's volatility.| Risk Adjusted Performance | 0.163 | |||
| Jensen Alpha | 0.0597 | |||
| Total Risk Alpha | 0.0401 | |||
| Sortino Ratio | 0.0639 | |||
| Treynor Ratio | 0.1783 |
American Beacon Stephens Backtested Returns
American Beacon appears to be very steady, given 3 months investment horizon. American Beacon Stephens secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the fund had a 0.23% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for American Beacon Stephens, which you can use to evaluate the volatility of the entity. Please makes use of American Beacon's risk adjusted performance of 0.163, and Mean Deviation of 0.6825 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 1.0, which signifies a somewhat significant risk relative to the market. American Beacon returns are very sensitive to returns on the market. As the market goes up or down, American Beacon is expected to follow.
Auto-correlation | 0.45 |
Average predictability
American Beacon Stephens has average predictability. Overlapping area represents the amount of predictability between American Beacon time series from 6th of January 2023 to 17th of December 2023 and 17th of December 2023 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of American Beacon Stephens price movement. The serial correlation of 0.45 indicates that just about 45.0% of current American Beacon price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 1.43 |
American Beacon Stephens lagged returns against current returns
Autocorrelation, which is American Beacon mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting American Beacon's mutual fund expected returns. We can calculate the autocorrelation of American Beacon returns to help us make a trade decision. For example, suppose you find that American Beacon has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
American Beacon regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If American Beacon mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Beacon mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Beacon mutual fund over time.
Current vs Lagged Prices |
| Timeline |
American Beacon Lagged Returns
When evaluating American Beacon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Beacon mutual fund have on its future price. American Beacon autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, American Beacon autocorrelation shows the relationship between American Beacon mutual fund current value and its past values and can show if there is a momentum factor associated with investing in American Beacon Stephens.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |