American Funds Backtesting

RWMEX -- USA Fund  

USD 45.53  0.71  1.58%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of American Funds Washington Mutual R4 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 14, 2018
0.00
No Change 0.00  0.0%
In 31 days
November 13, 2018
0.00
If you would invest  0.00  in American Funds on October 14, 2018 and sell it all today you would earn a total of 0.00 from holding American Funds Washington Mutual R4 or generate 0.0% return on investment in American Funds over 30 days. American Funds is related to or competes with Vanguard Total, American Funds, 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

Downside Deviation1.02
Information Ratio0.13
Maximum Drawdown3.65
Value At Risk1.80
Potential Upside1.82
  

American Funds Market Premium Indicators

Risk Adjusted Performance0.0225
Jensen Alpha0.0209
Total Risk Alpha0.15
Sortino Ratio0.15
Treynor Ratio0.24

American Funds Washi Backtested Returns

We consider American Funds not too risky. American Funds Washi secures Sharpe Ratio (or Efficiency) of 0.033 which signifies that American Funds Washi had 0.033% 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-one technical indicators for American Funds Washington Mutual R4 which you can use to evaluate future volatility of the entity. Please confirm American Funds Washi Mean Deviation of 0.9101 and Risk Adjusted Performance of 0.0225 to double-check if risk estimate we provide are consistent with the epected return of 0.0385%. The organization shows Beta (market volatility) of -0.0517 which signifies that as returns on market increase, returns on owning American Funds are expected to decrease at a much smaller rate. During bear market, American Funds is likely to outperform the market.. 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 0.0385% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.72) 
correlation synergy

Almost perfect reverse predictability

American Funds Washington Mutual R4 has almost perfect reverse predictability. Overlapping area represents the amount of predictability between American Funds time series from October 14, 2018 to October 29, 2018 and October 29, 2018 to November 13, 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 -0.72 indicates that around 72.0% of current American Funds price fluctuation can be explain by its past prices. Given that American Funds Washington Mutual R4 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-0.72
Spearman Rank Test-0.69
Residual Average0.0
Price Variance0.66

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 - RWMEX

American Funds Washi Investor Sentiment

Most of Macroaxis users are at this time bullish on American Funds Washington Mutual R4. What is your sentiment towards investing in American Funds Washington Mutual R4? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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