|RNGAX -- USA Fund|| |
USD 45.47 0.05 0.11%
Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds New Economy R1 is 'Cautious 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 RNGAX 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 RNGAX buy-and-hold prospective. Additionally take a look at American Funds Analyst Recommendation
to compare Macroaxis Buy or Sell Recommendation with current analyst consensus.
For the selected time horizon American Funds New Economy R1 has a mean deviation of 0.2979, semi deviation of 0.0, standard deviation of 0.5484, variance of 0.3007, downside variance of 0.0 and semi variance of 0.0
American Funds buy, hold, or sell suggestion module can be used to check and cross-verify current buy, hold, or sell recommendation provided by analysts
analyzing the fund potential to grow using all of fundamental, technical, data market data available at the time. 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
Returns Distribution Density
|Mean Return||0.05||Value At Risk||0.72|
|Potential Upside||0.78||Standard Deviation||0.55|
American Funds Greeks
American Funds Volatility Alert
American Funds New Economy R1 exhibits very low volatility with skewness of -1.89 and kurtosis of 7.54. However, we advise investors to further study American Funds New Economy R1 technical indicators to make sure all market info is available and is reliable.
American Funds Fundamental Vs Peers
|American Funds New generates negative expected return over the last 30 days|
|The fund maintains about 11.83% of its assets in cash|
Additionally take a look at American Funds Analyst Recommendation
to compare Macroaxis Buy or Sell Recommendation with current analyst consensus. Please also try Portfolio Suggestion
module to get suggestions outside of your existing asset allocation including your own model portfolios.