American Funds Buy Hold or Sell Recommendation

ANFFX -- USA Fund  

USD 47.09  0.13  0.28%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds New Economy Fund is 'Strong Hold'. Macroaxis provides American Funds buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ANFFX positions. The advice algorithm takes into account all of American Funds New available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from ANFFX buy-and-hold prospective. Check also American Funds Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell American FundsBuy American Funds
Strong Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon American Funds New Economy Fund has a risk adjusted performance of 0.0671, jensen alpha of (0.032289), total risk alpha of (0.08), sortino ratio of (0.032004) and treynor ratio of 0.0803
Macroaxis buy, hold, or sell recommendation tool can be used to complement American Funds buy or sell advice provided by experts. It analyzes the fund potential to grow against your specific risk preferences and investment horizon. Use American Funds New Price to Book, Three Year Return as well as the relationship between Three Year Return and Cash Position Weight to make sure your buy or sell decision on American Funds New is adequate.

American Funds Trading Alerts and Improvement Suggestions

Latest headline from MacroaxisInsider: Payment of 1300 shares by Steven Creviston of Qorvo subject to Rule 16b-3
The fund holds about 10.25% of its assets under management (AUM) in cash

American Funds Returns Distribution Density

Mean Return0.09Value At Risk1.82
Potential Upside1.40Standard Deviation0.99
 Return Density 
      Distribution 

American Funds Greeks

α
Alpha over DOW
=0.03
β
Beta against DOW=0.97
σ
Overall volatility
=1.00
Ir
Information ratio =0.04

American Funds Volatility Alert

American Funds New Economy Fund has relatively low volatility with skewness of -0.31 and kurtosis of 0.81. However, we advise all investors to independently investigate American Funds New Economy Fund to ensure market all accessible information is consistent with the expectations about its upside potential and future risk-adjusted return.
    
 Better Than Average     
    
 Worse Than Average Compare American Funds to competition

American Funds Fundamental Vs Peers

FundamentalsAmerican FundsPeer Average
Price to Earning22.08 6.53 
Price to Book2.61 0.74 
Price to Sales1.34 0.61 
One Year Return(0.21) 4.15 
Three Year Return21.63 3.60 
Five Year Return1.33 3.24 
Ten Year Return5.35 1.79 
Net Asset21.33 B4.11 B
Minimum Initial Investment250976.16 K
Cash Position Weight10.25 10.61 
Equity Positions Weight89.59 63.90 
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