American Century Sustainable Etf Performance
| ESGY Etf | USD 57.15 0.05 0.09% |
The etf shows a Beta (market volatility) of 0.93, which signifies possible diversification benefits within a given portfolio. American Century returns are very sensitive to returns on the market. As the market goes up or down, American Century is expected to follow.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in American Century Sustainable are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong technical and fundamental indicators, American Century is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | 0.26 |
American |
American Century Relative Risk vs. Return Landscape
If you would invest 5,417 in American Century Sustainable on August 26, 2024 and sell it today you would earn a total of 298.00 from holding American Century Sustainable or generate 5.5% return on investment over 90 days. American Century Sustainable is currently generating 0.0878% in daily expected returns and assumes 1.0397% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% 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 Sustainable, 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 = 0.0844
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | ESGY | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.04 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average American Century is performing at about 6% 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 Fundamentals Growth
American Etf prices reflect investors' perceptions of the future prospects and financial health of American Century, and American Century fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on American Etf performance.
| Total Asset | 5.88 M | |||
About American Century Performance
Evaluating American Century's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if American Century has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if American Century has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund will generally invest in large capitalization companies the advisor believes show sustainable business improvement using a proprietary multi-factor model that combines fundamental measures of a stocks growth and value potential with environmental, social, and governance metrics. American Century is traded on NYSEARCA Exchange in the United States.| The fund retains 99.6% of its assets under management (AUM) in equities |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in American Century Sustainable. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of American Century Sus 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.