|RNGEX -- USA Fund|| |
USD 49.20 0.04 0.08%
Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds New Economy R4 is 'Buy'
. 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 RNGEX 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 RNGEX 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 R4 has a risk adjusted performance of 0.014466
, jensen alpha of 0.10
, total risk alpha of 0.23
, sortino ratio of 0.0 and treynor ratio of 0.08
Macroaxis buy, hold, or sell recommendation tool can be used to complement American Funds buy or sell advice provided by experts
. It analyzes the fund potential to grow against your specific risk preferences and investment horizon. Use American Funds New Number of Employees
and Net Asset
to make sure your buy or sell decision on American Funds New
Returns Distribution Density
|Mean Return||0.03||Value At Risk||0.75|
|Potential Upside||1.16||Standard Deviation||0.93|
American Funds Greeks
American Funds Volatility Alert
American Funds New Economy R4 exhibits very low volatility with skewness of -2.1 and kurtosis of 7.98. However, we advise investors to further study American Funds New Economy R4 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 7.32% 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 Premium Stories
module to follow macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.