American Funds Buy or Sell Recommendation

Macroaxis provides American Funds New Economy R3 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 R3 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 R3 -- USA Fund  

USD 45.74  0.07  0.15%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds New Economy R3 is 'Buy'.
For the selected time horizon American Funds New Economy R3 has a risk adjusted performance of 0.0654, jensen alpha of (0.014784), total risk alpha of (0.12), sortino ratio of (0.045778) and treynor ratio of 0.1079
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 Return0.11Value At Risk-0.5654
Potential Upside0.516Standard Deviation0.4106
 Return Density 
      Distribution 

American Funds Greeks

α
Alpha over DOW
=(0.014784) 
βBeta against DOW= 0.92 
σ
Overall volatility
= 0.41 
 IrInformation ratio =(0.0595) 

American Funds Volatility Alert

American Funds New Economy R3 exhibits very low volatility with skewness of -0.49 and kurtosis of 3.15. However, we advise investors to further study American Funds New Economy R3 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(0.48) % 2.3 %
Three Year Return21.24 % 3.97 %
Five Year Return1.01 % 1.27 %
Ten Year Return5 % 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 Performance0.0654
Market Risk Adjusted Performance0.1179
Mean Deviation0.2824
Semi Deviation0.1512
Downside Deviation0.5341
Coefficient Of Variation375.05
Standard Deviation0.4106
Variance0.1686
Information Ratio(0.059548)
Jensen Alpha(0.014784)
Total Risk Alpha(0.12)
Sortino Ratio(0.045778)
Treynor Ratio0.1079
Maximum Drawdown1.2
Value At Risk(0.57)
Potential Upside0.516
Downside Variance0.2853
Semi Variance0.0228
Expected Short fall(0.34)
Skewness(0.49)
Kurtosis3.15