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 17.71  0.03  0.17%

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 (0.032668), jensen alpha of (0.017692), total risk alpha of (0.060637), sortino ratio of 0.0 and treynor ratio of (0.75)
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 Cash Position Weight to make buy, hold, or sell decision on American Funds Tax.

Returns Distribution Density

Mean Return-0.01Value At Risk-0.0566
Potential Upside0.1133Standard Deviation0.0816
 Return Density 
      Distribution 

American Funds Greeks

α
Alpha over DOW
=(0.017692) 
βBeta against DOW= 0.0202 
σ
Overall volatility
= 0.0828 
 IrInformation ratio =(1.76) 

American Funds Volatility Alert

American Funds Tax Exempt CA C exhibits very low volatility with skewness of -1.38 and kurtosis of 6.65. 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 Asset2.15 B1.37 B
Minimum Initial Investment1 K8.09 M
Cash Position Weight1.97 % 14.48 %
Bond Positions Weight98.03 % 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 Performance(0.032668)
Market Risk Adjusted Performance(0.74)
Mean Deviation0.0439
Coefficient Of Variation(1,603)
Standard Deviation0.0816
Variance0.0067
Information Ratio(1.76)
Jensen Alpha(0.017692)
Total Risk Alpha(0.060637)
Treynor Ratio(0.75)
Maximum Drawdown0.3388
Value At Risk(0.0566)
Potential Upside0.1133
Skewness(1.38)
Kurtosis6.65