American Funds Backtesting

American Funds Washington Mutual R4 -- USA Fund  

USD 45.27  0.28  0.62%

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
Investment Horizon     30 Days    Login   to change

American Funds 'What if' Analysis

October 23, 2017
No Change 0.00  0.0%
In 31 days
November 22, 2017
If you would invest  0.00  in American Funds on October 23, 2017 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 American Funds, Washington Mutual, 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


American Funds Market Premium Indicators

American Funds Washi lagged returns against current returns

 Current and Lagged Values 

American Funds regressed lagged prices vs. current prices

 Current vs Lagged Prices 

American Funds Washi Backtested Returns

We consider American Funds not too risky. American Funds Washi secures Sharpe Ratio (or Efficiency) of 0.1023 which signifies that American Funds Washi had 0.1023% 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 R4 which you can use to evaluate future volatility of the entity. Please confirm American Funds Washi Mean Deviation of 0.2534 and Risk Adjusted Performance of 0.0383 to double-check if risk estimate we provide are consistent with the epected return of 0.0323%. The organization shows Beta (market volatility) of 0.6947 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 0.0323% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.23) 

Weak reverse predictability

American Funds Washington Mutual R4 has weak reverse predictability. Overlapping area represents the amount of predictability between American Funds time series from October 23, 2017 to November 7, 2017 and November 7, 2017 to November 22, 2017. 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 -0.23 indicates that over 23.0% 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 -0.23
Spearman Rank Test -0.46
Price Variance 0.03
Lagged Price Variance 0.03

American Funds Lagged Returns

 Regressed Prices 

American Funds Performance vs DOW

The median price of American Funds for the period between Mon, Oct 23, 2017 and Wed, Nov 22, 2017 is 45.1 with a coefficient of variation of 0.38. The daily time series for the period is distributed with a sample standard deviation of 0.17, arithmetic mean of 45.1, and mean deviation of 0.14. The Fund did not receive any noticable media coverage during the period.
Price Growth (%)