Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds New World R2E is '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 RNEBX 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 RNEBX buy-and-hold prospective. Additionally take a look at 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.
For the selected time horizon American Funds New World R2E has a risk adjusted performance of 0.2269, jensen alpha of 0.2047, total risk alpha of 0.1434, sortino ratio of 0.2049 and treynor ratio of (29.18)Macroaxis provides unbiased buy, hold, or sell recommendation on American Funds New that should be used to complement current analysts and expert consensus on American Funds New World R2E. Our buy or sell advice engine determines the fund potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. Use American Funds New Number of Employees, Ten Year Return as well as the relationship between Ten Year Return and Equity Positions Weight to make sure your buy or sell decision on American Funds New is adequate.
Odds of Distress
American Funds Returns Distribution Density
|Mean Return||0.21||Value At Risk||0.9|
|Potential Upside||1.20||Standard Deviation||0.67|
American Funds Greeks
|Alpha over DOW||=||0.20|
|Beta against DOW||=||0.007|
American Funds Volatility Alert
American Funds New World R2E exhibits relatively low volatility with skewness of -0.15 and kurtosis of -0.18. However, we advice investors to further investigate American Funds New World R2E to make sure all market statistics is disseminated and is consistent with investors' estimations about American Funds upside potential.
|Better Than Average||Worse Than Average||Compare American Funds to competition|
American Funds Fundamental Vs Peers
|Fundamentals||American Funds||Peer Average|
|Price to Earning||18.23X||7.60X|
|Price to Book||2.07X||1.04X|
|Price to Sales||1.65X||1.03X|
|One Year Return||(1.71)%||2.30%|
|Three Year Return||4.75%||3.97%|
|Five Year Return||4.55%||1.27%|
|Ten Year Return||8.30%||1.17%|
|Minimum Initial Investment||250||8.09M|
|Last Dividend Paid||0.33||1.05|
|Cash Position Weight||9.13%||14.48%|
|Equity Positions Weight||85.52%||40.68%|
|Bond Positions Weight||5.22%||14.72%|
Additionally take a look at 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. Please also try Crypto Portfolio Optimizer module to optimize portfolio of digital coins and token across multiple currency and exchanges.