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FFGGX American Funds Global Balanced 529-F-2 Forecast, Technical & Fundamental Analysis

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Abbott Laboratories (NYSE:ABT), Canadian Natural Resources Limited (NYSE:CNQ).

Industry description

The investment seeks the balanced accomplishment of three objectives: long-term growth of capital, conservation of principal and current income. As a balanced fund with global scope, the fund seeks to invest in equity and debt securities around the world that offer the opportunity for growth and/or provide dividend income, while also constructing the portfolio to protect principal and limit volatility. The adviser will allocate its assets among various countries. The fund will invest at least 40% of its net assets in issuers outside the United States. Normally it will invest at least 25% of the value of its assets in bonds and other debt securities.

Market Cap

The average market capitalization across the American Funds Global Balanced 529-F-2 MF is 940.7B. The market cap for tickers in the group ranges from 81.73B to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is CNQ at 81.73B.

Volume

The average weekly volume growth across all stocks in the American Funds Global Balanced 529-F-2 MF was -29%. For the same stocks of the MF, the average monthly volume growth was 22% and the average quarterly volume growth was -2%

Fundamental Analysis Ratings

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

Valuation Rating: 45
P/E Growth Rating: 59
Price Growth Rating: 43
SMR Rating: 59
Profit Risk Rating: 24
Seasonality Score: 28 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category WorldAllocation

Profile
Fundamentals
Details
Category
Global Allocation
Address
American Funds Global Balanced FundOne Market Steuart Tower, Suite 1800San Francisco
Phone
N/A
Web
www.americanfunds.com
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Safety Shot

FFGGX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, FFGGX has been closely correlated with CIBCX. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if FFGGX jumps, then CIBCX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FFGGX
1D Price
Change %
FFGGX100%
-0.85%
CIBCX - FFGGX
97%
Closely correlated
-1.06%
CIRCX - FFGGX
95%
Closely correlated
-1.05%
CIREX - FFGGX
94%
Closely correlated
-1.05%
CIRAX - FFGGX
94%
Closely correlated
-1.05%
RIRAX - FFGGX
94%
Closely correlated
-1.05%
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