American Funds Backtesting

RWMEX -- USA Fund  

USD 45.24  0.29  0.64%

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.
 Time Horizon     30 Days    Login   to change
SymbolX
Backtest

American Funds 'What if' Analysis

July 17, 2018
0.00
No Change 0.00  0.0%
In 31 days
August 16, 2018
0.00
If you would invest  0.00  in American Funds on July 17, 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 American Funds, American Funds, Vanguard Windsor, MFS Value, Invesco Diversified, Invesco Diversified, and BLACKROCK EQ. 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 Ratio0.02465
Maximum Drawdown2.3
Value At Risk0.67
Potential Upside0.4855
  

American Funds Market Premium Indicators

Risk Adjusted Performance0.002529
Jensen Alpha0.012383
Total Risk Alpha0.01159
Treynor Ratio0.030002

American Funds Washi Backtested Returns

Macroaxis considers American Funds to be not too risky. American Funds Washi secures Sharpe Ratio (or Efficiency) of -0.0061 which signifies that American Funds Washi had -0.0061% of return per unit of standard deviation over the last 1 month. 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 R4 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 0.318 and Risk Adjusted Performance of 0.002529 to double-check risk estimate we provide. The organization shows Beta (market volatility) of 0.4317 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 R4 exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.27 

Poor predictability

American Funds Washington Mutual R4 has poor predictability. Overlapping area represents the amount of predictability between American Funds time series from July 17, 2018 to August 1, 2018 and August 1, 2018 to August 16, 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 0.27 indicates that nearly 27.0% of current American Funds price fluctuation can be explain by its past prices.
Correlation Coefficient 0.27
Spearman Rank Test -0.5
Price Variance 0.05
Lagged Price Variance 0.04

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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of macroaxis ideas.