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 47.81  0.36  0.76%

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 0.0455, jensen alpha of (0.04264), total risk alpha of (0.18), sortino ratio of (0.19) and treynor ratio of 0.089
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 Return0.058667Value At Risk0.99
Potential Upside1.32Standard Deviation0.68
 Return Density 
      Distribution 

American Funds Greeks

α
Alpha over DOW
=0.04
βBeta against DOW=0.55
σ
Overall volatility
=0.69
 IrInformation ratio =0.17

American Funds Volatility Alert

American Funds New Economy R4 exhibits relatively low volatility with skewness of 0.23 and kurtosis of -0.42. However, we advice investors to further investigate American Funds New Economy R4 to make sure all market statistics is disseminated and is consistent with investors' estimations about American Funds upside potential.
    
 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 Asset18.78 B1.37 B
Minimum Initial Investment2508.09 M
Cash Position Weight2.03 % 14.48 %
Equity Positions Weight89.32 % 40.68 %
Bond Positions Weight0.58 % 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 Performance0.0455
Market Risk Adjusted Performance0.099
Mean Deviation0.5375
Semi Deviation0.5311
Downside Deviation0.617
Coefficient Of Variation1160.43
Standard Deviation0.6808
Variance0.4635
Information Ratio(0.17)
Jensen Alpha(0.04264)
Total Risk Alpha(0.18)
Sortino Ratio(0.19)
Treynor Ratio0.089
Maximum Drawdown2.49
Value At Risk(0.99)
Potential Upside1.32
Downside Variance0.3806
Semi Variance0.282
Expected Short fall(0.65)
Skewness0.2307
Kurtosis(0.42)