American Century Etf Performance
The etf shows a Beta (market volatility) of -0.0368, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning American Century are expected to decrease at a much lower rate. During the bear market, American Century is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in American Century ETF are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong primary indicators, American Century is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
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American Century Relative Risk vs. Return Landscape
If you would invest 5,872 in American Century ETF on December 24, 2024 and sell it today you would earn a total of 27.00 from holding American Century ETF or generate 0.46% return on investment over 90 days. American Century ETF is currently generating 0.0093% in daily expected returns and assumes 0.599% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% 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 |
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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 = 0.0155
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Estimated Market Risk
| 0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average American Century is performing at about 1% 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 Century by adding it to a well-diversified portfolio.
| American Century ETF is not yet fully synchronised with the market data | |
| American Century ETF has some characteristics of a very speculative penny stock |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Other Tools for American Etf
When running American Century's price analysis, check to measure American Century's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Century is operating at the current time. Most of American Century's value examination focuses on studying past and present price action to predict the probability of American Century's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Century's price. Additionally, you may evaluate how the addition of American Century to your portfolios can decrease your overall portfolio volatility.
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