American Funds Buy or Sell Recommendation

Macroaxis provides American Funds New Economy R1 buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding American Funds positions. The advice algorithm takes into account all of American Funds New Economy R1 available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from American Funds buy-and-hold prospective. Additionally take a look at American Funds Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Time Horizon

Risk Tolerance

Execute Advice
American Funds New Economy R1 -- USA Fund  

USD 45.48  0.24  0.53%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds New Economy R1 is 'Strong Hold'.
For the selected time horizon American Funds New Economy R1 has a risk adjusted performance of 0.0893, jensen alpha of 0.0571, total risk alpha of 0.1004, sortino ratio of 0.0 and treynor ratio of 0.9416
American Funds buy, hold, or sell suggestion module can be used to check and cross-verify current buy, hold, or sell recommendation provided by analysts analyzing the fund potential to grow using all of fundamental, technical, data market data available at the time. Use American Funds New Number of Employees and Ten Year Return to make sure your buy or sell decision on American Funds New is adequate.

Returns Distribution Density

Mean Return0.063106Value At Risk0.69
Potential Upside1.81Standard Deviation0.70
 Return Density 

American Funds Greeks

Alpha over DOW
Beta against DOW=0.0564
Overall volatility
Information ratio =0.18

American Funds Volatility Alert

American Funds New Economy R1 exhibits very low volatility with skewness of 0.62 and kurtosis of 4.76. However, we advise investors to further study American Funds New Economy R1 technical indicators to make sure all market info is available and is reliable.
 Better Than Average     
 Worse Than Average Compare American Funds to competition
FundamentalsAmerican FundsPeer Average
Price to Earning22.08 times7.60 times
Price to Book2.61 times1.04 times
Price to Sales1.34 times1.03 times
One Year Return(0.92) % 2.30 %
Three Year Return20.70 % 3.97 %
Five Year Return0.56 % 1.27 %
Ten Year Return4.54 % 1.17 %
Net Asset20.12 B1.37 B
Minimum Initial Investment2508.09 M
Cash Position Weight9.27 % 14.48 %
Equity Positions Weight90.73 % 40.68 %
Strong Hold


Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Currently Unavailable

Financial Leverage

Risk Adjusted Performance0.0893
Market Risk Adjusted Performance0.9516
Mean Deviation0.3335
Coefficient Of Variation1102.12
Standard Deviation0.6955
Information Ratio0.1778
Jensen Alpha0.0571
Total Risk Alpha0.1004
Treynor Ratio0.9416
Maximum Drawdown3.59
Value At Risk0.69
Potential Upside1.81