American Funds Competition
| AAHTX Fund | USD 23.95 -0.25 -1.03% |
Pair Correlation for American Funds and American Funds Snapshot
Very poor diversification
For the present investment horizon, the measured correlation between AAHTX and FAUTX stands at 0.87, or Very poor diversification. The cleaner interpretation is to review correlation beside volatility, expected return, and the role each holding plays in the portfolio.
Moving together with American Mutual Fund
The degree to which American Funds' exhibits mean reversion depends on how efficiently the market prices new information. In highly covered equities, the mean reversion window tends to be shorter.
American Funds Competition Correlation Matrix
Correlation analysis between American Funds 2045 and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.
Risk-Adjusted Indicators
There is a big difference between American Mutual Fund performing well and American Funds Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze American Funds' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RBHTX | 0.52 | 0.00 | 0.00 | -0.07 | 0.71 | 0.82 | 3.74 | |||
| FATTX | 0.50 | 0.02 | 0.03 | 0.03 | 0.68 | 0.82 | 3.68 | |||
| AALTX | 0.54 | -0.01 | -0.01 | -0.01 | 0.75 | 0.87 | 3.83 | |||
| RFITX | 0.54 | 0.00 | 0.00 | -0.15 | 0.75 | 0.88 | 3.84 | |||
| FAITX | 0.55 | 0.00 | 0.00 | 0.00 | 0.75 | 0.85 | 3.86 | |||
| RCKTX | 0.47 | 0.00 | 0.00 | -0.21 | 0.65 | 0.77 | 3.33 | |||
| AAGTX | 0.47 | 0.00 | 0.00 | 0.00 | 0.64 | 0.76 | 3.37 | |||
| REGTX | 0.49 | 0.01 | 0.01 | 0.01 | 0.65 | 0.76 | 3.37 | |||
| RFGTX | 0.48 | 0.01 | 0.01 | 0.01 | 0.65 | 0.77 | 3.39 | |||
| FAUTX | 0.48 | 0.01 | 0.01 | 0.01 | 0.66 | 0.76 | 3.32 |
American Funds Competitive Analysis
American Funds competitive analysis is a powerful tool for investors seeking to contextualize American Funds' financial performance. Comparing American Funds' key ratios to peers highlights areas where the company excels or needs improvement.| Better Than Average | Worse Than Peers | View Performance Chart |
American Funds Peer Performance Charts
How to Analyze American Funds Against Peers
American Funds' peer analysis compares American Funds with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether American Funds trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where American Funds leads or lags and what catalysts could close or widen the gap.