American Funds Buy Hold or Sell Recommendation

RNGFX -- USA Fund  

USD 46.18  0.11  0.24%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds The New Econom is 'Strong 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 RNGFX positions. The advice algorithm takes into account all of American Funds The available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from RNGFX buy-and-hold prospective. Additionally take a look at American Funds Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell American FundsBuy American Funds
Strong Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon American Funds The New Econom has a risk adjusted performance of 0.0704, jensen alpha of 0.0558, total risk alpha of 0.0288, sortino ratio of 0.0269 and treynor ratio of 0.2749
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 The Number of Employees and Net Asset to make sure your buy or sell decision on American Funds The is adequate.

American Funds Trading Alerts and Improvement Suggestions

The fund maintains about 8.57% of its assets in cash

American Funds Returns Distribution Density

Mean Return0.07Value At Risk1.39
Potential Upside1.39Standard Deviation0.92
 Return Density 
      Distribution 

American Funds Greeks

α
Alpha over DOW
=0.06
β
Beta against DOW=0.23
σ
Overall volatility
=0.93
Ir
Information ratio =0.033

American Funds Volatility Alert

American Funds The New Econom has relatively low volatility with skewness of -0.96 and kurtosis of 1.7. However, we advise all investors to independently investigate American Funds The New Econom 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

American Funds Fundamental Vs Peers

FundamentalsAmerican FundsPeer Average
Price to Earning20.80X6.53X
Price to Book2.36X0.74X
Price to Sales1.23X0.61X
One Year Return0.13% 4.15%
Three Year Return22.00% 3.60%
Five Year Return1.65% 3.24%
Ten Year Return5.68% 1.79%
Net Asset21.01B4.11B
Minimum Initial Investment250976.16K
Cash Position Weight8.57% 10.61%
Equity Positions Weight91.29% 63.90%
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