## American Funds Technical Analysis |

American Funds New Economy R5 -- USA Fund | ## USD 46.95 0.02 0.04% |

American Funds New Economy R5 shows Mean Deviation of 0.2813 and Risk Adjusted Performance of 0.0765. In respect to Fundamental Indicators, Macroaxis technical analysis interface gives you tools to check existing technical drivers of American Funds as well as the relationship between them. In plain English you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for American Funds New Economy R5 which can be compared to its rivals. Please confirm American Funds New Semi Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Semi Variance to decide if American Funds New is priced correctly providing market reflects its regular price of 46.95 per share.

Investment Horizon | 30 Days Login to change |

## American Funds New Trend Analysis

Use this graph to draw trend lines for American Funds New Economy R5. You can use it to identify possible trend reversals for American Funds as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual American Funds price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.## American Funds Best Fit Change Line

The following chart estimates an ordinary least squares regression model for American Funds New Economy R5 applied against its price change over selected period. The best fit line has a slop of 0.11 % which means American Funds New Economy R5 will continue generating value for investors. It has 34 observation points and a regression sum of squares at 9.06, which is the sum of squared deviations for the predicted American Funds price change compared to its average price change.## Alpha FinderUse alpha and beta coefficients to find investment opportunities after accounting for the risk |

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**fourth**largest fund in mean deviation among similar funds. It is currently under evaluation in standard deviation among similar funds creating about 1.46 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for American Funds New Economy R5 is roughly 1.46

## Technical Drivers

American Funds October 17, 2017 Technical Indicators

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Pattern Recognition | |

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Statistic Functions | |

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Volume Indicators |

Risk Adjusted Performance | 0.0765 | ||

Market Risk Adjusted Performance | 0.3335 | ||

Mean Deviation | 0.2813 | ||

Coefficient Of Variation | 320.02 | ||

Standard Deviation | 0.4113 | ||

Variance | 0.1691 | ||

Information Ratio | (0.024956) | ||

Jensen Alpha | 0.0713 | ||

Total Risk Alpha | (0.11) | ||

Treynor Ratio | 0.3235 | ||

Maximum Drawdown | 1.55 | ||

Value At Risk | (0.55) | ||

Potential Upside | 0.5256 | ||

Skewness | (0.56) | ||

Kurtosis | 3.08 |

## One Year Return

American Funds New One Year Return

Based on recorded statements American Funds New Economy R5 has One Year Return of 0.13%. This is 94.54% lower than that of the American Funds family, and 96.09% lower than that of Large Growth category, The One Year Return for all funds is 94.35% higher than the company.

Year Return |

## Fundamentals Correlations

Analyze American Funds Fundamentals Trends