American Funds Backtesting

IFAFX -- USA Fund  

USD 23.31  0.10  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.
Horizon     30 Days    Login   to change
SymbolX
Backtest

American Funds 'What if' Analysis

August 27, 2018
0.00
No Change 0.00  0.0%
In 30 days
September 26, 2018
0.00
If you would invest  0.00  in American Funds on August 27, 2018 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, 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

Maximum Drawdown1.42
Value At Risk0.64
Potential Upside0.6055
  

American Funds Market Premium Indicators

Risk Adjusted Performance0.01

American Funds Income Backtested Returns

Macroaxis considers American Funds to be not too risky. American Funds Income secures Sharpe Ratio (or Efficiency) of -0.0686 which signifies that American Funds Income had -0.0686% 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 0.2652 and Risk Adjusted Performance of 0.01 to double-check risk estimate we provide. The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and American Funds are completely uncorrelated. 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(0.78) 

Almost perfect reverse predictability

American Funds Income Fund of Amer F1 has almost perfect reverse predictability. Overlapping area represents the amount of predictability between American Funds time series from August 27, 2018 to September 11, 2018 and September 11, 2018 to September 26, 2018. 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 -0.78 indicates that around 78.0% of current American Funds price fluctuation can be explain by its past prices. Given that American Funds Income Fund of Amer F1 has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of American Funds for similar time interval.
Correlation Coefficient-0.78
Spearman Rank Test-0.71
Residual Average0.0
Price Variance0.01

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 Lagged Returns

 Regressed Prices 
      Timeline 

Did you try this?

Run Premium Stories Now

   

Premium Stories

Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
All  Next Launch Premium Stories

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
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. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Search macroaxis.com