American Growth Fund Buy Hold or Sell Recommendation

AMRCX Fund  USD 5.51  0.03  0.55%   
Assuming the 90 days horizon and your complete indifference towards market risk, our recommendation regarding American Growth Fund is 'Strong Buy'. 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 AMRCX 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
5.46
Hype Value
5.51
Market Value
5.51
Naive Value
5.49
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.
  
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.
In addition, we conduct extensive research on individual funds such as American and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards American Growth Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

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

Execute Advice
Sell American GrowthBuy American Growth
Strong Buy

Market Performance

OKDetails

Volatility

Not too volatileDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Almost mirrors the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon American Growth Fund has a Risk Adjusted Performance of 0.0685, Jensen Alpha of (0.05), Total Risk Alpha of (0.11), Sortino Ratio of (0.03) and Treynor Ratio of 0.081
We provide trade advice to complement the prevailing expert consensus on American Growth Fund. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the fund's potential to grow using all technical and fundamental data available at the time. Please makes use of American Growth total asset and ten year return to make buy, hold, or sell decision on American Growth Fund.

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
0.10
Value At Risk
-1.29
Potential Upside
1.55
Standard Deviation
0.89
   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
-0.05
β
Beta against NYSE Composite1.16
σ
Overall volatility
0.89
Ir
Information ratio -0.04

American Growth Volatility Alert

American Growth Fund has low volatility with Treynor Ratio of 0.08, Maximum Drawdown of 3.67 and kurtosis of -0.16. 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
FundamentalsAmerican GrowthPeer Average
Year To Date Return5.98 %0.39 %
One Year Return24.83 %4.15 %
Three Year Return5.01 %3.60 %
Five Year Return10.12 %3.24 %
Ten Year Return8.48 %1.79 %
Net Asset17.8 M4.11 B
Equity Positions Weight100.00 %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.

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.

Use Investing Ideas to Build Portfolios

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?

Run Construction Materials Thematic Idea Now

Construction Materials
Construction Materials Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction Materials theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Construction Materials Theme or any other thematic opportunities.
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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 Fund 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.

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Please note, there is a significant difference between American Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.