American Funds Backtesting

RWMAX -- USA Fund  

USD 43.41  0.76  1.78%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of American Funds Washington Mutual R1 and determine expected loss or profit from investing in American Funds over given investment horizon. Additionally take a look at 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

October 11, 2018
0.00
No Change 0.00  0.0%
In 2 months and 2 days
December 10, 2018
0.00
If you would invest  0.00  in American Funds on October 11, 2018 and sell it all today you would earn a total of 0.00 from holding American Funds Washington Mutual R1 or generate 0.0% return on investment in American Funds over 60 days. American Funds is related to or competes with Vanguard Total, Vanguard 500, American Funds, American Funds, American Funds, American Funds, and American Funds. The investment seeks to produce income and to provide an opportunity for growth of principal consistent with sound commo...

American Funds Upside/Downside Indicators

Information Ratio0.0317
Maximum Drawdown4.77
Value At Risk(2.48)
Potential Upside1.83
  

American Funds Market Premium Indicators

Risk Adjusted Performance(0.15)
Jensen Alpha0.0094
Total Risk Alpha0.0171
Treynor Ratio(0.17)

American Funds Washi Backtested Returns

Macroaxis considers American Funds to be not too risky. American Funds Washi secures Sharpe Ratio (or Efficiency) of -0.0578 which signifies that American Funds Washi had -0.0578% of return per unit of standard deviation over the last 2 months. 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 Washington Mutual R1 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 Washi Mean Deviation of 0.9499 and Risk Adjusted Performance of (0.15) to double-check risk estimate we provide. The organization shows Beta (market volatility) of 0.8401 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 Washi 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 Washington Mutual R1 exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.26) 
correlation synergy

Weak reverse predictability

American Funds Washington Mutual R1 has weak reverse predictability. Overlapping area represents the amount of predictability between American Funds time series from October 11, 2018 to November 10, 2018 and November 10, 2018 to December 10, 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 Washi price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current American Funds price fluctuation can be explain by its past prices. Given that American Funds Washington Mutual R1 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-0.26
Spearman Rank Test0.32
Residual Average0.0
Price Variance0.45

American Funds Washi 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 

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Additionally take a look at 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 Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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