American Funds Buy Hold or Sell Recommendation

RNGFX -- USA Fund  

USD 45.87  0.74  1.59%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds New Economy R5 is 'Strong Buy'. 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 RNGFX 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 RNGFX 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 Buy

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon American Funds New Economy R5 has a risk adjusted performance of 0.0483, jensen alpha of 0.051, total risk alpha of 0.0671, sortino ratio of 0.0382 and treynor ratio of 3.58
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 and Net Asset to make sure your buy or sell decision on American Funds New is adequate.

American Funds Returns Distribution Density

Mean Return0.06Value At Risk1.99
Potential Upside2.38Standard Deviation1.65
 Return Density 
      Distribution 

American Funds Greeks

α
Alpha over DOW
=0.05
β
Beta against DOW=0.0142
σ
Overall volatility
=1.61
Ir
Information ratio =0.0382

American Funds Volatility Alert

American Funds New Economy R5 has relatively low volatility with skewness of -0.22 and kurtosis of -0.26. However, we advise all investors to independently investigate American Funds New Economy R5 to ensure market all accessible information is consistent with the expectations about its upside potential and future risk-adjusted return.
    
 Better Than Average     
    
 Worse Than Average Compare American Funds to competition

American Funds Fundamental Vs Peers

FundamentalsAmerican FundsPeer Average
Price to Earning20.80 times7.60 times
Price to Book2.36 times1.04 times
Price to Sales1.23 times1.03 times
One Year Return0.13 % 2.30 %
Three Year Return22.00 % 3.97 %
Five Year Return1.65 % 1.27 %
Ten Year Return5.68 % 1.17 %
Net Asset19.46 B1.37 B
Minimum Initial Investment2508.09 M
Cash Position Weight9.72 % 14.48 %
Equity Positions Weight88.06 % 40.68 %
Bond Positions Weight0.36 % 14.72 %

American Funds Alerts

Trading Alerts and Improvement Suggestions

American Funds New generates negative expected return over the last 30 days
Latest headline from thestocknewsnow.com: Global Preimplantation Genetic Screening Market 2018 Illumina, Inc. , Thermo Fisher Scientific Inc. , Agilent ...
The fund maintains about 9.72% 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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