American Century Quality Etf Performance
| QGRO Etf | USD 106.03 0.62 0.59% |
The etf shows a Beta (market volatility) of 0.51, 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
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in American Century Quality are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of very weak basic indicators, American Century displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
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| In Threey Sharp Ratio | 0.34 |
American |
American Century Relative Risk vs. Return Landscape
If you would invest 9,194 in American Century Quality on November 2, 2024 and sell it today you would earn a total of 1,409 from holding American Century Quality or generate 15.33% return on investment over 90 days. American Century Quality is currently generating 0.249% in daily expected returns and assumes 1.1983% risk (volatility on return distribution) over the 90 days horizon. In different words, 10% of etfs are less volatile than American, and 96% 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 Quality, 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 = 0.2078
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.2 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average American Century is performing at about 16% 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 | 253.05 M | |||
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.
Under normal market conditions, the fund invests at least 80 percent of its assets, exclusive of collateral held from securities lending, in the component securities of the underlying index. American Century is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: QGRO Sophisticated Growth ETF With Average Return - Seeking Alpha | |
| The fund maintains 99.84% of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in American Century Quality. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of American Century Quality 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.