American Funds Buy or Sell Recommendation

Macroaxis provides American Funds Tax Exempt Bond B 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 Tax Exempt Bond B available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from American Funds buy-and-hold prospective. Also please 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 Tax Exempt Bond B -- USA Fund  

USD 12.85  0.00  0.00%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds Tax Exempt Bond B is 'Hold'.
For the selected time horizon American Funds Tax Exempt Bond B has a risk adjusted performance of 0.2499, jensen alpha of 0.007, total risk alpha of 0.01, sortino ratio of 0.0 and treynor ratio of 0.76
This buy or sell advice tool can be used to cross verify current analyst consensus on American Funds Tax and to analyze the fund potential to grow in the current economic cycle. Use American Funds Tax One Year Return and Minimum Initial Investment to make sure your buy or sell decision on American Funds Tax is adequate.

Returns Distribution Density

Mean Return0.017728Value At Risk0.00
Potential Upside0.078064Standard Deviation0.033458
 Return Density 

American Funds Greeks

Alpha over DOW
Beta against DOW=0.01
Overall volatility
Information ratio =2.34

American Funds Volatility Alert

American Funds Tax Exempt Bond B exhibits very low volatility with skewness of 1.4 and kurtosis of -0.06. However, we advise investors to further study American Funds Tax Exempt Bond B 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
Annual Yield2.42 % 1.38 %
Year to Date Return(0.37) % 1.50 %
One Year Return8.62 % 2.30 %
Three Year Return6.60 % 3.97 %
Five Year Return3.65 % 1.27 %
Ten Year Return4.05 % 1.17 %
Net Asset13.26 B1.37 B
Minimum Initial Investment2508.09 M
Last Dividend Paid0.021.05
Holdings Turnover13.00 % 51.27 %
Cash Position Weight2.90 % 14.48 %
Bond Positions Weight97.10 % 14.72 %


Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Currently Unavailable

Financial Leverage

Risk Adjusted Performance0.2499
Market Risk Adjusted Performance0.75
Mean Deviation0.0274
Coefficient Of Variation188.73
Standard Deviation0.0335
Information Ratio2.34
Jensen Alpha0.007
Total Risk Alpha0.01
Treynor Ratio0.76
Maximum Drawdown0.0781
Potential Upside0.0781