American Funds Backtesting

RWMAX -- USA Fund  

USD 46.41  0.06  0.13%

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

August 21, 2018
0.00
No Change 0.00  0.0%
In 31 days
September 20, 2018
0.00
If you would invest  0.00  in American Funds on August 21, 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 30 days. American Funds is related to or competes with American Funds, American Funds, American Funds, Vanguard Value, 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

Downside Deviation0.2293
Information Ratio0.1
Maximum Drawdown1.04
Value At Risk0.26
Potential Upside0.5215
  

American Funds Market Premium Indicators

Risk Adjusted Performance0.1145
Jensen Alpha0.0505
Total Risk Alpha0.0078
Sortino Ratio0.11
Treynor Ratio0.368

American Funds Washi Backtested Returns

We consider American Funds not too risky. American Funds Washi secures Sharpe Ratio (or Efficiency) of 0.2698 which signifies that American Funds Washi had 0.2698% of return per unit of standard deviation over the last 1 month. Our philosophy in foreseeing volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty technical indicators for American Funds Washington Mutual R1 which you can use to evaluate future volatility of the entity. Please confirm American Funds Washi Mean Deviation of 0.2068 and Risk Adjusted Performance of 0.1145 to double-check if risk estimate we provide are consistent with the epected return of 0.0684%. The organization shows Beta (market volatility) of 0.1831 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.. Although it is extremely important to respect American Funds Washi historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in foreseeing future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing American Funds Washi technical indicators you can presently evaluate if the expected return of 0.0684% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.59 

Modest predictability

American Funds Washington Mutual R1 has modest predictability. Overlapping area represents the amount of predictability between American Funds time series from August 21, 2018 to September 5, 2018 and September 5, 2018 to September 20, 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 0.59 indicates that roughly 59.0% of current American Funds price fluctuation can be explain by its past prices.
Correlation Coefficient0.59
Spearman Rank Test0.4
Residual Average0.0
Price Variance0.05

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 

Current Sentiment - RWMAX

American Funds Washi Investor Sentiment

Macroaxis portfolio users are evenly split in their perspective on investing in American Funds Washington Mutual R1. What is your sentiment towards investing in American Funds Washington Mutual R1? Are you bullish or bearish?
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50% Bullish
50% Bearish
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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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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