American Funds Buy or Sell Recommendation

Macroaxis provides American Funds Tax Exempt CA C 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 CA C 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

Investment Horizon

  

Risk Tolerance

  
Symbol
Execute Advice
American Funds Tax Exempt CA C -- USA Fund  

USD 17.72  0.02  0.11%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds Tax Exempt CA C is 'Hold'.
For the selected time horizon American Funds Tax Exempt CA C has a risk adjusted performance of 0.0056, jensen alpha of 0.0417, total risk alpha of (0.12), sortino ratio of (1.31) and treynor ratio of 0.012
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. Please makes use of American Funds Three Year Return and Last Dividend Paid to make buy, hold, or sell decision on American Funds Tax.

Returns Distribution Density

Mean Return0.007929Value At Risk0.28
Potential Upside0.4Standard Deviation0.22
 Return Density 
      Distribution 

American Funds Greeks

α
Alpha over DOW
=0.04171
βBeta against DOW=0.17
σ
Overall volatility
=0.23
 IrInformation ratio =1.15

American Funds Volatility Alert

American Funds Tax Exempt CA C exhibits very low volatility with skewness of 0.58 and kurtosis of -0.52. However, we advise investors to further study American Funds Tax Exempt CA C 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
One Year Return14.63 % 2.3 %
Three Year Return9.57 % 3.97 %
Five Year Return3.87 % 1.27 %
Ten Year Return3.97 % 1.17 %
Net Asset2.19 B1.37 B
Minimum Initial Investment1 K8.09 M
Last Dividend Paid0.031.05
Cash Position Weight0.37 % 14.48 %
Bond Positions Weight99.63 % 14.72 %
SellBuy
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 Performance0.0056
Market Risk Adjusted Performance0.022
Mean Deviation0.1744
Semi Deviation0.1445
Downside Deviation0.1955
Coefficient Of Variation2803.93
Standard Deviation0.2223
Variance0.0494
Information Ratio(1.15)
Jensen Alpha0.0417
Total Risk Alpha(0.12)
Sortino Ratio(1.31)
Treynor Ratio0.012
Maximum Drawdown0.7888
Value At Risk(0.28)
Potential Upside0.3977
Downside Variance0.0382
Semi Variance0.0209
Expected Short fall(0.25)
Skewness0.5841
Kurtosis(0.52)