American Funds Buy or Sell Recommendation

Macroaxis provides American Funds New Economy R2 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 R2 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

Investment Horizon

  

Risk Tolerance

  
Symbol
Execute Advice
American Funds New Economy R2 -- USA Fund  

USD 44.05  0.23  0.52%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds New Economy R2 is 'Buy'.
For the selected time horizon American Funds New Economy R2 has a risk adjusted performance of 0.08, jensen alpha of (0.048591), total risk alpha of (0.18), sortino ratio of (0.12) and treynor ratio of 0.128
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, Ten Year Return as well as the relationship between Ten Year Return and Bond Positions Weight to make sure your buy or sell decision on American Funds New is adequate.

Returns Distribution Density

Mean Return0.12Value At Risk-0.5647
Potential Upside0.5249Standard Deviation0.4351
 Return Density 
      Distribution 

American Funds Greeks

α
Alpha over DOW
=(0.048591) 
βBeta against DOW= 0.88 
σ
Overall volatility
= 0.44 
 IrInformation ratio =(0.16) 

American Funds Volatility Alert

American Funds New Economy R2 exhibits very low volatility with skewness of -0.64 and kurtosis of 1.93. However, we advise investors to further study American Funds New Economy R2 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 times7.6 times
Price to Book2.61 times1.04 times
Price to Sales1.34 times1.03 times
One Year Return(0.99) % 2.3 %
Three Year Return20.63 % 3.97 %
Five Year Return0.5 % 1.27 %
Ten Year Return4.53 % 1.17 %
Net Asset17.84 B1.37 B
Minimum Initial Investment2508.09 M
Cash Position Weight8.77 % 14.48 %
Equity Positions Weight90.11 % 40.68 %
Bond Positions Weight0.1 % 14.72 %
SellBuy
Buy

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Currently Unavailable

Financial Leverage

Inapplicable
Risk Adjusted Performance0.08
Market Risk Adjusted Performance0.138
Mean Deviation0.3111
Semi Deviation0.2256
Downside Deviation0.5763
Coefficient Of Variation355.8
Standard Deviation0.4351
Variance0.1893
Information Ratio(0.16)
Jensen Alpha(0.048591)
Total Risk Alpha(0.18)
Sortino Ratio(0.12)
Treynor Ratio0.128
Maximum Drawdown1.59
Value At Risk(0.56)
Potential Upside0.5249
Downside Variance0.3321
Semi Variance0.0509
Expected Short fall(0.34)
Skewness(0.64)
Kurtosis1.93