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RIEBX American Funds Income Fund of Amer R2E Forecast, Technical & Fundamental Analysis

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Broadcom Inc. (NASDAQ:AVGO), JPMorgan Chase & Co (NYSE:JPM), Home Depot (NYSE:HD), Philip Morris International (NYSE:PM), Comcast Corp (NASDAQ:CMCSA), Gilead Sciences (NASDAQ:GILD), CME Group (NASDAQ:CME), EOG Resources (NYSE:EOG).

Industry description

The investment seeks to provide investors with current income while secondarily striving for capital growth. Normally the fund invests primarily in income-producing securities. These include equity securities, such as dividend-paying common stocks, and debt securities, such as interest-paying bonds. Generally at least 60% of the fund's assets will be invested in common stocks and other equity-type securities. The fund may also invest up to 30% of its assets in common stocks and other equity-type securities of issuers domiciled outside the United States, including issuers in developing countries.

Market Cap

The average market capitalization across the American Funds Income Fund of Amer R2E MF is 609.77B. The market cap for tickers in the group ranges from 74.15B to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is EOG at 74.15B.

Volume

The average weekly volume growth across all stocks in the American Funds Income Fund of Amer R2E MF was 23%. For the same stocks of the MF, the average monthly volume growth was 77% and the average quarterly volume growth was 49%

Fundamental Analysis Ratings

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

Valuation Rating: 74
P/E Growth Rating: 40
Price Growth Rating: 34
SMR Rating: 41
Profit Risk Rating: 24
Seasonality Score: 38 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category ModerateAllocation

Profile
Fundamentals
Details
Category
Moderately Aggressive Allocation
Address
The Income Fund of America, Inc.One Market, Steuart Tower, Suite 1800San Francisco
Phone
(415) 421-9360
Web
www.americanfunds.com
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RIEBX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, RIEBX has been closely correlated with RIDAX. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if RIEBX jumps, then RIDAX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RIEBX
1D Price
Change %
RIEBX100%
-0.47%
RIDAX - RIEBX
100%
Closely correlated
-0.47%
RIDCX - RIEBX
100%
Closely correlated
-0.47%
FIFAX - RIEBX
100%
Closely correlated
-0.46%
RIDBX - RIEBX
100%
Closely correlated
-0.43%
FFIFX - RIEBX
100%
Closely correlated
-0.46%
More