American Funds Buy Hold or Sell Recommendation

RNGEX -- USA Fund  

USD 48.28  0.51  1.07%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds New Economy R4 is 'Strong Hold'. Macroaxis provides American Funds buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding RNGEX positions. The advice algorithm takes into account all of American Funds New available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from RNGEX buy-and-hold prospective. Additionally take a look at American Funds Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell American FundsBuy American Funds
Strong Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon American Funds New Economy R4 has a risk adjusted performance of 0.0482, jensen alpha of 0.0165, total risk alpha of 0.11, sortino ratio of 0.020937 and treynor ratio of 0.1176
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.

American Funds Returns Distribution Density

Mean Return0.09Value At Risk1.24
Potential Upside1.07Standard Deviation0.76
 Return Density 
      Distribution 

American Funds Greeks

α
Alpha over DOW
=0.016456
β
Beta against DOW=0.64
σ
Overall volatility
=0.75
Ir
Information ratio =0.02

American Funds Volatility Alert

American Funds New Economy R4 exhibits relatively low volatility with skewness of 0.0 and kurtosis of -0.17. 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

American Funds Fundamental Vs Peers

FundamentalsAmerican FundsPeer Average
Price to Earning20.07 times7.60 times
Price to Book2.56 times1.04 times
Price to Sales1.43 times1.03 times
One Year Return(0.20) % 2.30 %
Three Year Return21.62 % 3.97 %
Five Year Return1.34 % 1.27 %
Ten Year Return5.35 % 1.17 %
Net Asset21.28 B1.37 B
Minimum Initial Investment2508.09 M
Cash Position Weight11.83 % 14.48 %
Equity Positions Weight87.80 % 40.68 %
Bond Positions Weight0.37 % 14.72 %

American Funds Alerts

Trading Alerts and Improvement Suggestions

Latest headline from www.thecoinguild.com: Stock Review Investors Taking a Second Look at AbbVie Inc. After Recent Market Moves
The fund maintains about 11.83% of its assets in cash
Additionally take a look at American Funds Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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