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

Time Horizon

Risk Tolerance

Execute Advice
American Funds New Economy R5E -- USA Fund  

USD 47.81  0.97  1.99%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds New Economy R5E is 'Hold'.
For the selected time horizon American Funds New Economy R5E has a risk adjusted performance of 0.0336, jensen alpha of 0.0219, total risk alpha of 0.0966, sortino ratio of 0.0 and treynor ratio of 0.68
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 Minimum Initial Investment to make buy, hold, or sell decision on American Funds New.

Returns Distribution Density

Mean Return0.034384Value At Risk1.76
Potential Upside1.79Standard Deviation1.16
 Return Density 

American Funds Greeks

Alpha over DOW
Beta against DOW=0.04
Overall volatility
Information ratio =0.0813

American Funds Volatility Alert

American Funds New Economy R5E exhibits very low volatility with skewness of 0.04 and kurtosis of -0.61. 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 Asset20.12 B1.37 B
Minimum Initial Investment2508.09 M
Cash Position Weight9.27 % 14.48 %
Equity Positions Weight90.73 % 40.68 %


Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Currently Unavailable

Financial Leverage

Risk Adjusted Performance0.0336
Market Risk Adjusted Performance0.67
Mean Deviation0.7864
Coefficient Of Variation3369.24
Standard Deviation1.16
Information Ratio0.0813
Jensen Alpha0.0219
Total Risk Alpha0.0966
Treynor Ratio0.68
Maximum Drawdown3.55
Value At Risk1.76
Potential Upside1.79