American High Buy or Sell Recommendation

Macroaxis provides American High Income Municipal Bond A buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding American High positions. The advice algorithm takes into account all of American High Income Municipal Bond A available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from American High buy-and-hold prospective. Check also American High Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Investment Horizon

  

Risk Tolerance

  
Symbol
Execute Advice
American High Income Municipal Bond A -- USA Fund  

USD 15.9  0.02  0.13%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American High Income Municipal Bond A is 'Hold'.
For the selected time horizon American High Income Municipal Bond A has a risk adjusted performance of (0.032865), jensen alpha of 0.0023, total risk alpha of (0.067721), sortino ratio of 0.0 and treynor ratio of 0.1553
This buy or sell advice tool can be used to cross verify current analyst consensus on American High Income and to analyze the fund potential to grow in the current economic cycle. Please makes use of American High Total Asset and Minimum Initial Investment to make buy, hold, or sell decision on American High Income.

Returns Distribution Density

Mean Return0.0Value At Risk-0.1256
Potential Upside0.1258Standard Deviation0.0811
 Return Density 
      Distribution 

American High Greeks

α
Alpha over DOW
=0.002327
βBeta against DOW=0.08
σ
Overall volatility
=0.0818
 IrInformation ratio =2.42

American High Volatility Alert

American High Income Municipal Bond A exhibits very low volatility with skewness of -1.22 and kurtosis of 3.4. However, we advise investors to further study American High Income Municipal Bond A technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare American High to competition
FundamentalsAmerican HighPeer Average
One Year Return10.65 % 2.3 %
Three Year Return10.47 % 3.97 %
Five Year Return2.46 % 1.27 %
Ten Year Return4.07 % 1.17 %
Net Asset5.32 B1.37 B
Minimum Initial Investment2508.09 M
Cash Position Weight1.07 % 14.48 %
Bond Positions Weight98.93 % 14.72 %
SellBuy
Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Currently Unavailable

Financial Leverage

Inapplicable
Risk Adjusted Performance(0.032865)
Market Risk Adjusted Performance0.1653
Mean Deviation0.0502
Coefficient Of Variation(2,870)
Standard Deviation0.0811
Variance0.0066
Information Ratio(2.42)
Jensen Alpha0.0023
Total Risk Alpha(0.067721)
Treynor Ratio0.1553
Maximum Drawdown0.3141
Value At Risk(0.13)
Potential Upside0.1258
Skewness(1.22)
Kurtosis3.4