American Funds Buy or Sell Recommendation

Macroaxis provides American Funds New Economy R1 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 Economy R1 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 Economy R1 -- USA Fund  

USD 44.24  0.63  1.44%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds New Economy R1 is 'Strong Buy'.
For the selected time horizon American Funds New Economy R1 has a risk adjusted performance of 0.106, jensen alpha of 0.1198, total risk alpha of 0.1701, sortino ratio of 0.1376 and treynor ratio of 0.193
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 is adequate.

Returns Distribution Density

Mean Return0.079958Value At Risk1.96
Potential Upside1.79Standard Deviation1.24
 Return Density 
      Distribution 

American Funds Greeks

α
Alpha over DOW
=0.12
β
Beta against DOW=0.36
σ
Overall volatility
=1.34
Ir
Information ratio =0.17

American Funds Volatility Alert

American Funds New Economy R1 has relatively low volatility with skewness of -0.94 and kurtosis of 1.57. However, we advise all investors to independently investigate American Funds New Economy R1 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
FundamentalsAmerican FundsPeer Average
Price to Earning22.08 times7.60 times
Price to Book2.61 times1.04 times
Price to Sales1.34 times1.03 times
One Year Return(0.92) % 2.30 %
Three Year Return20.70 % 3.97 %
Five Year Return0.56 % 1.27 %
Ten Year Return4.54 % 1.17 %
Net Asset18.78 B1.37 B
Minimum Initial Investment2508.09 M
Cash Position Weight10.10 % 14.48 %
Equity Positions Weight89.32 % 40.68 %
Bond Positions Weight0.58 % 14.72 %
SellBuy
Strong 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 Performance0.106
Market Risk Adjusted Performance0.203
Mean Deviation0.8932
Semi Deviation1.31
Downside Deviation1.51
Coefficient Of Variation1555.86
Standard Deviation1.24
Variance1.55
Information Ratio0.1667
Jensen Alpha0.1198
Total Risk Alpha0.1701
Sortino Ratio0.1376
Treynor Ratio0.193
Maximum Drawdown4.95
Value At Risk1.96
Potential Upside1.79
Downside Variance2.27
Semi Variance1.73
Expected Short fall0.89
Skewness0.94
Kurtosis1.57