American Funds Buy or Sell Recommendation

Macroaxis provides American Funds New World R2E buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding American Funds positions. The advice algorithm takes into account all of American Funds New World R2E available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from American Funds buy-and-hold prospective. Additionally take a look at American Funds Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Time Horizon

Risk Tolerance

Symbol
Execute Advice
American Funds New World R2E -- USA Fund  

USD 69.28  0.3  0.43%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds New World R2E is 'Buy'.
For the selected time horizon American Funds New World R2E has a risk adjusted performance of 0.1611, jensen alpha of 0.051, total risk alpha of (0.079352), sortino ratio of (0.069448) and treynor ratio of 0.311
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 Bond Positions Weight to make sure your buy or sell decision on American Funds New is adequate.

Returns Distribution Density

Mean Return0.18Value At Risk0.25
Potential Upside0.73Standard Deviation0.51
 Return Density 
      Distribution 

American Funds Greeks

α
Alpha over DOW
=0.051011
β
Beta against DOW=0.56
σ
Overall volatility
=0.38
Ir
Information ratio =0.09

American Funds Volatility Alert

American Funds New World R2E exhibits relatively low volatility with skewness of -1.07 and kurtosis of 4.37. 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
FundamentalsAmerican FundsPeer Average
Price to Earning18.23 times7.6 times
Price to Book2.07 times1.04 times
Price to Sales1.65 times1.03 times
One Year Return(1.71) % 2.3 %
Three Year Return4.75 % 3.97 %
Five Year Return4.55 % 1.27 %
Ten Year Return8.3 % 1.17 %
Net Asset35.08 B1.37 B
Minimum Initial Investment2508.09 M
Cash Position Weight7.53 % 14.48 %
Equity Positions Weight86.62 % 40.68 %
Bond Positions Weight5 % 14.72 %
SellBuy
Buy

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Currently Unavailable

Financial Leverage

Inapplicable
Risk Adjusted Performance0.1611
Market Risk Adjusted Performance0.321
Mean Deviation0.3498
Semi Deviation0.0511
Downside Deviation0.6592
Coefficient Of Variation276.81
Standard Deviation0.5097
Variance0.2598
Information Ratio(0.089809)
Jensen Alpha0.051
Total Risk Alpha(0.079352)
Sortino Ratio(0.069448)
Treynor Ratio0.311
Maximum Drawdown1.58
Value At Risk(0.25)
Potential Upside0.7346
Downside Variance0.4345
Semi Variance0.0026
Expected Short fall(0.44)
Skewness(1.07)
Kurtosis4.37