American Funds Backtesting

American Funds Income Fund of Amer F1 -- USA Fund  

USD 23.36  0.1  0.43%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of American Funds Income Fund of Amer F1 and determine expected loss or profit from investing in American Funds over given investment horizon. Please also check American Funds Hype Analysis, American Funds Correlation, Portfolio Optimization, American Funds Volatility as well as analyze American Funds Alpha and Beta and American Funds Performance
Investment Horizon     30 Days    Login   to change
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Backtest

American Funds 'What if' Analysis

October 23, 2017
0.00
No Change 0.00  0.0%
In 31 days
November 22, 2017
0.00
If you would invest  0.00  in American Funds on October 23, 2017 and sell it all today you would earn a total of 0.00 from holding American Funds Income Fund of Amer F1 or generate 0.0% return on investment in American Funds over 30 days. American Funds is related to or competes with American Funds, American Funds, American Funds, American Funds, American Funds, and American Funds. The investment seeks to provide investors with current income while secondarily striving for capital growth

American Funds Upside/Downside Indicators

  

American Funds Market Premium Indicators

American Funds Income lagged returns against current returns

 Current and Lagged Values 
      Timeline 

American Funds regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

American Funds Income Backtested Returns

Macroaxis considers American Funds to be not too risky. American Funds Income secures Sharpe Ratio (or Efficiency) of -0.0224 which signifies that American Funds Income had -0.0224% of return per unit of standard deviation over the last 1 month. Macroaxis philosophy in foreseeing risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. American Funds Income Fund of Amer F1 exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm American Funds Income Mean Deviation of 0.1784 and Risk Adjusted Performance of (0.014635) to double-check risk estimate we provide. The organization shows Beta (market volatility) of 0.5282 which signifies that as returns on market increase, American Funds returns are expected to increase less than the market. However during bear market, the loss on holding American Funds will be expected to be smaller as well.. Even though it is essential to pay attention to American Funds Income historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in foreseeing future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. American Funds Income Fund of Amer F1 exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.00 

No correlation between past and present

American Funds Income Fund of Amer F1 has no correlation between past and present. Overlapping area represents the amount of predictability between American Funds time series from October 23, 2017 to November 7, 2017 and November 7, 2017 to November 22, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of American Funds Income price movement. The serial correlation of 0.0 indicates that just 0.0% of current American Funds price fluctuation can be explain by its past prices.
Spearman Rank Test -0.26
Price Variance 0.01
Average Price 23.31
Lagged Average Price 23.38

American Funds Lagged Returns

 Regressed Prices 
      Timeline 

American Funds Performance vs DOW

The median price of American Funds for the period between Mon, Oct 23, 2017 and Wed, Nov 22, 2017 is 23.36 with a coefficient of variation of 0.34. The daily time series for the period is distributed with a sample standard deviation of 0.08, arithmetic mean of 23.34, and mean deviation of 0.07. The Fund did not receive any noticable media coverage during the period.
Price Growth (%)  
      Timeline