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

Investment Horizon

  

Risk Tolerance

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

USD 66.1  0.24  0.36%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds New World R2E is 'Hold'.
For the selected time horizon American Funds New World R2E has a risk adjusted performance of 0.0642, jensen alpha of 0.0436, total risk alpha of 0.0261, sortino ratio of 0.0968 and treynor ratio of 0.1314
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 Return0.065886Value At Risk0.43
Potential Upside0.6Standard Deviation0.4
 Return Density 
      Distribution 

American Funds Greeks

α
Alpha over DOW
=0.043611
βBeta against DOW=0.43
σ
Overall volatility
=0.4
 IrInformation ratio =0.0676

American Funds Volatility Alert

American Funds New World R2E exhibits very low volatility with skewness of 1.22 and kurtosis of 2.18. However, we advise investors to further study American Funds New World R2E technical indicators to make sure all market info is available and is reliable.
    
 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 Asset33.54 B1.37 B
Minimum Initial Investment2508.09 M
Cash Position Weight0.77 % 14.48 %
Equity Positions Weight86.51 % 40.68 %
Bond Positions Weight5 % 14.72 %
SellBuy
Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Currently Unavailable

Financial Leverage

Inapplicable
Risk Adjusted Performance0.0642
Market Risk Adjusted Performance0.1414
Mean Deviation0.3071
Downside Deviation0.2793
Coefficient Of Variation606.79
Standard Deviation0.3998
Variance0.1598
Information Ratio0.0676
Jensen Alpha0.0436
Total Risk Alpha0.0261
Sortino Ratio0.0968
Treynor Ratio0.1314
Maximum Drawdown1.04
Value At Risk(0.43)
Potential Upside0.6032
Downside Variance0.078
Semi Variance(0.006391)
Expected Short fall(0.44)
Skewness1.22
Kurtosis2.18