American Funds Buy or Sell Recommendation

American Funds New Economy R4 -- USA Fund  

USD 46.69  0.78  1.64%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds New Economy R4 is 'Hold'. Macroaxis provides American Funds New Economy R4 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 R4 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 Current Recommendation

SellBuy
Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable
For the selected time horizon American Funds New Economy R4 has a risk adjusted performance of 0.042776, jensen alpha of 0.013505, total risk alpha of 0.008, sortino ratio of 0.0 and treynor ratio of 0.2341
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 is adequate.

Returns Distribution Density

Mean Return0.00045Value At Risk0.00
Potential Upside0.00Standard Deviation0.30
 Return Density 
      Distribution 

American Funds Greeks

α
Alpha over DOW
=0.01
β
Beta against DOW=0.04
σ
Overall volatility
=1.72
Ir
Information ratio =0.29

American Funds Volatility Alert

American Funds New Economy R4 exhibits very low volatility with skewness of 0.1 and kurtosis of 21.5. 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.
    
 Better Than Average     
    
 Worse Than Average Compare American Funds to competition

American Funds Fundamental Vs Peers

FundamentalsAmerican FundsPeer Average
Price to Earning20.07 times7.60 times
Price to Book2.56 times1.04 times
Price to Sales1.43 times1.03 times
One Year Return(0.20) % 2.30 %
Three Year Return21.62 % 3.97 %
Five Year Return1.34 % 1.27 %
Ten Year Return5.35 % 1.17 %
Net Asset19.97 B1.37 B
Minimum Initial Investment2508.09 M
Last Dividend Paid0.071.05
Cash Position Weight9.27 % 14.48 %
Equity Positions Weight90.73 % 40.68 %

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Additionally take a look at American Funds Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus. Please also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.