|RNEBX -- USA Fund|| |
USD 62.27 1.11 1.75%
Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds New World R2E is 'Strong Hold'
. Macroaxis provides American Funds buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding RNEBX positions. The advice algorithm takes into account all of American Funds New available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from RNEBX buy-and-hold prospective. Additionally take a look at American Funds Analyst Recommendation
to compare Macroaxis Buy or Sell Recommendation with current analyst consensus.
For the selected time horizon American Funds New World R2E has a risk adjusted performance of 0.12
, jensen alpha of 0.22
, total risk alpha of 0.22
, sortino ratio of 0.0 and treynor ratio of 0.35
Macroaxis provides unbiased buy, hold, or sell recommendation on American Funds New that should be used to complement current analysts and expert consensus
on American Funds New World R2E. Our buy or sell advice engine determines the fund potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. Use American Funds New Number of Employees
, Ten Year Return
as well as the relationship
between Ten Year Return and Equity Positions Weight
to make sure your buy or sell decision on American Funds New
Returns Distribution Density
|Mean Return||0.21||Value At Risk||1.75|
|Potential Upside||0.74||Standard Deviation||0.75|
American Funds Greeks
American Funds Volatility Alert
American Funds New World R2E exhibits very low volatility with skewness of -1.34 and kurtosis of 2.93. However, we advise investors to further study American Funds New World R2E technical indicators to make sure all market info is available and is reliable.
American Funds Fundamental Vs Peers
|American Funds New generates negative expected return over the last 30 days|
|The fund maintains about 7.36% of its assets in cash|