American Funds Buy or Sell Recommendation

Macroaxis provides American Funds New Economy R5E 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 R5E 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 R5E -- USA Fund  

USD 46.52  0.24  0.51%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds New Economy R5E is 'Strong Hold'.
For the selected time horizon American Funds New Economy R5E has a risk adjusted performance of 0.0596, jensen alpha of 0.0779, total risk alpha of (0.14), sortino ratio of (0.054633) and treynor ratio of 0.7763
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. Please makes use of American Funds Cash Position Weight to make buy, hold, or sell decision on American Funds New.

Returns Distribution Density

Mean Return0.1Value At Risk-0.5544
Potential Upside0.5281Standard Deviation0.4275
 Return Density 
      Distribution 

American Funds Greeks

α
Alpha over DOW
= 0.077898 
βBeta against DOW= 0.12 
σ
Overall volatility
= 0.42 
 IrInformation ratio =(0.0731) 

American Funds Volatility Alert

American Funds New Economy R5E exhibits very low volatility with skewness of -0.51 and kurtosis of 2.02. However, we advise investors to further study American Funds New Economy R5E 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
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
Strong Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Currently Unavailable

Financial Leverage

Inapplicable
Risk Adjusted Performance0.0596
Market Risk Adjusted Performance0.7863
Mean Deviation0.3036
Semi Deviation0.2608
Downside Deviation0.5718
Coefficient Of Variation416.24
Standard Deviation0.4275
Variance0.1827
Information Ratio(0.073081)
Jensen Alpha0.0779
Total Risk Alpha(0.14)
Sortino Ratio(0.054633)
Treynor Ratio0.7763
Maximum Drawdown1.26
Value At Risk(0.55)
Potential Upside0.5281
Downside Variance0.327
Semi Variance0.068
Expected Short fall(0.31)
Skewness(0.51)
Kurtosis2.02