American Growth Fund Buy Hold or Sell Recommendation
| AMRBX Fund | USD 4.73 0.07 1.46% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding American Growth Fund is 'Hold'. Macroaxis provides American Growth buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AMRBX positions. The advice algorithm takes into account all of American Growth's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting American Growth's buy or sell advice are summarized below:
Real Value 4.76 | Hype Value 4.73 | Market Value 4.73 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell American Growth Fund given historical horizon and risk tolerance towards American Growth. When Macroaxis issues a 'buy' or 'sell' recommendation for American Growth Fund, the advice is generated through an automated system that utilizes algorithms and statistical models.
American |
Execute American Growth Buy or Sell Advice
The American recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on American Growth Fund. Macroaxis does not own or have any residual interests in American Growth Fund or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute American Growth's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Analyst Consensus | Not Available | Details |
American Growth Trading Alerts and Improvement Suggestions
| The fund holds all of its assets under management (AUM) in equities |
American Growth Returns Distribution Density
The distribution of American Growth's historical returns is an attempt to chart the uncertainty of American Growth's future price movements. The chart of the probability distribution of American Growth daily returns describes the distribution of returns around its average expected value. We use American Growth Fund price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of American Growth returns is essential to provide solid investment advice for American Growth.
| Mean Return | 0.01 | Value At Risk | -1.63 | Potential Upside | 1.26 | Standard Deviation | 0.90 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of American Growth historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
American Growth Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to American Growth or American Growth sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that American Growth's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a American fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.06 | |
β | Beta against NYSE Composite | 1.12 | |
σ | Overall volatility | 0.91 | |
Ir | Information ratio | -0.06 |
American Growth Volatility Alert
American Growth Fund has relatively low volatility with skewness of -0.08 and kurtosis of -0.15. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure American Growth's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact American Growth's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.American Growth Fundamentals Vs Peers
Comparing American Growth's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze American Growth's direct or indirect competition across all of the common fundamentals between American Growth and the related equities. This way, we can detect undervalued stocks with similar characteristics as American Growth or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of American Growth's fundamental indicators could also be used in its relative valuation, which is a method of valuing American Growth by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare American Growth to competition |
| Fundamentals | American Growth | Peer Average |
| Year To Date Return | 0.42 % | 0.39 % |
| One Year Return | 15.28 % | 4.15 % |
| Three Year Return | 0.26 % | 3.60 % |
| Five Year Return | 6.07 % | 3.24 % |
| Ten Year Return | 7.90 % | 1.79 % |
| Net Asset | 17.8 M | 4.11 B |
| Equity Positions Weight | 100.00 % | 63.90 % |
American Growth Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as American . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 4.73 | |||
| Day Typical Price | 4.73 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | (0.07) |
About American Growth Buy or Sell Advice
When is the right time to buy or sell American Growth Fund? Buying financial instruments such as American Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having American Growth in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out American Growth Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the American Growth information on this page should be used as a complementary analysis to other American Growth's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.