American Funds Backtesting

RWMAX -- USA Fund  

USD 44.83  1.75  3.76%

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.
 Time Horizon     30 Days    Login   to change
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Backtest

American Funds 'What if' Analysis

May 19, 2018
0.00
No Change 0.00  0.0%
In 31 days
June 18, 2018
0.00
If you would invest  0.00  in American Funds on May 19, 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, American Funds, American Funds, MFS Value, and MFS SERIES. The investment seeks to produce income and to provide an opportunity for growth of principal consistent with sound commo...

American Funds Upside/Downside Indicators

  

American Funds Market Premium Indicators

American Funds Washi Backtested Returns

We consider American Funds not too risky. American Funds Washi secures Sharpe Ratio (or Efficiency) of 0.0606 which signifies that American Funds Washi had 0.0606% 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 company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for American Funds Washington Mutual R1 which you can use to evaluate future volatility of the entity. Please confirm American Funds Washi to double-check if risk estimate we provide are consistent with the epected return of 0.0727%. The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and American Funds are completely uncorrelated. 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 0.0727% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.16) 

Insignificant reverse predictability

American Funds Washington Mutual R1 has insignificant reverse predictability. Overlapping area represents the amount of predictability between American Funds time series from May 19, 2018 to June 3, 2018 and June 3, 2018 to June 18, 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 -0.16 indicates that over 16.0% 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 -0.16
Spearman Rank Test 0.22
Price Variance 0.22
Lagged Price Variance 0.14

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 Transaction History module to view history of all your transactions and understand their impact on performance.