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ABFAX
Mutual Fund ticker: NASDAQ
AS OF
Dec 20 closing price
Price
$11.54
Change
-$1.05 (-8.34%)
Net Assets
107.87M

ABFAX American Beacon Balanced A Forecast, Technical & Fundamental Analysis

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Broadcom Inc. (NASDAQ:AVGO), Wells Fargo & Co (NYSE:WFC), Comcast Corp (NASDAQ:CMCSA), Elevance Health (NYSE:ELV), US Bancorp (NYSE:USB), American International Group (NYSE:AIG).

Industry description

The investment seeks income and capital appreciation. Under normal circumstances, between 50% and 70% of the fund's total assets are invested in equity securities and between 30% and 50% of the fund's total assets are invested in debt securities. The fund’s equity investments may include common stocks, preferred stocks, convertible securities, master limited partnerships (“MLPs”), REITs, depositary receipts, which may include ADRs and GDRs, and U.S. dollar-denominated foreign stocks traded on U.S. exchanges.

Market Cap

The average market capitalization across the American Beacon Balanced A MF is 214.92B. The market cap for tickers in the group ranges from 30.71B to 1.03T. AVGO holds the highest valuation in this group at 1.03T. The lowest valued company is VRT at 30.71B.

Volume

The average weekly volume growth across all stocks in the American Beacon Balanced A MF was 62%. For the same stocks of the MF, the average monthly volume growth was 260% and the average quarterly volume growth was 10%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 59
P/E Growth Rating: 45
Price Growth Rating: 44
SMR Rating: 52
Profit Risk Rating: 55
Seasonality Score: 16 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category ModerateAllocation

Profile
Fundamentals
Details
Category
Moderate Allocation
Address
American Beacon Advisors4151 AMON CARTER BOULEVARDFORT WORTH
Phone
8173916100
Web
www.americanbeaconfunds.com
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ABFAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, ABFAX has been closely correlated with RLBEX. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if ABFAX jumps, then RLBEX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ABFAX
1D Price
Change %
ABFAX100%
-7.96%
RLBEX - ABFAX
87%
Closely correlated
+0.76%
CLBFX - ABFAX
87%
Closely correlated
+0.77%
CLBCX - ABFAX
87%
Closely correlated
+0.76%
CLBAX - ABFAX
87%
Closely correlated
+0.76%
BALCX - ABFAX
87%
Closely correlated
+0.74%
More