American Funds Buy or Sell Recommendation

Macroaxis provides American Funds New Economy R4 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 R4 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 R4 -- USA Fund  

USD 46.33  0.07  0.15%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds New Economy R4 is 'Buy'.
For the selected time horizon American Funds New Economy R4 has a risk adjusted performance of 0.0668, jensen alpha of (0.011412), total risk alpha of (0.12), sortino ratio of (0.043301) and treynor ratio of 0.1114
Macroaxis buy, hold, or sell recommendation tool can be used to complement American Funds buy or sell advice provided by experts. It analyzes the fund potential to grow against your specific risk preferences and investment horizon. Use American Funds New Number of Employees and Net Asset to make sure your buy or sell decision on American Funds New is adequate.

Returns Distribution Density

Mean Return0.11Value At Risk-0.5583
Potential Upside0.5318Standard Deviation0.4069
 Return Density 
      Distribution 

American Funds Greeks

α
Alpha over DOW
=(0.011412) 
βBeta against DOW= 0.91 
σ
Overall volatility
= 0.4 
 IrInformation ratio =(0.0562) 

American Funds Volatility Alert

American Funds New Economy R4 exhibits very low volatility with skewness of -0.5 and kurtosis of 3.1. However, we advise investors to further study American Funds New Economy R4 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 Earning20.07 times7.6 times
Price to Book2.56 times1.04 times
Price to Sales1.43 times1.03 times
One Year Return(0.2) % 2.3 %
Three Year Return21.62 % 3.97 %
Five Year Return1.34 % 1.27 %
Ten Year Return5.35 % 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 Performance0.0668
Market Risk Adjusted Performance0.1214
Mean Deviation0.2779
Semi Deviation0.0847
Downside Deviation0.5277
Coefficient Of Variation366.31
Standard Deviation0.4069
Variance0.1656
Information Ratio(0.056159)
Jensen Alpha(0.011412)
Total Risk Alpha(0.12)
Sortino Ratio(0.043301)
Treynor Ratio0.1114
Maximum Drawdown1.19
Value At Risk(0.56)
Potential Upside0.5318
Downside Variance0.2785
Semi Variance0.0072
Expected Short fall(0.3)
Skewness(0.5)
Kurtosis3.1