|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 Return||0.1||Value At Risk||-0.5544|
|Potential Upside||0.5281||Standard Deviation||0.4275|
American Funds Greeks
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.