American Funds Buy or Sell Recommendation

Macroaxis provides American Funds New Economy R5E 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 R5E 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 R5E -- USA Fund  

USD 46.62  0.00  0.00%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds New Economy R5E is 'Strong Hold'.
For the selected time horizon American Funds New Economy R5E has a risk adjusted performance of (0.014508), jensen alpha of (0.54), total risk alpha of (1.19), sortino ratio of 0.0 and treynor ratio of (0.061695)
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. Please makes use of American Funds Cash Position Weight to make buy, hold, or sell decision on American Funds New.

Returns Distribution Density

Mean Return0.11Value At Risk0.54
Potential Upside0.93Standard Deviation1.84
 Return Density 
      Distribution 

American Funds Greeks

α
Alpha over DOW
=0.54
β
Beta against DOW=1.88
σ
Overall volatility
=1.97
Ir
Information ratio =0.19

American Funds Volatility Alert

American Funds New Economy R5E exhibits very low volatility with skewness of -4.05 and kurtosis of 18.07. However, we advise investors to further study American Funds New Economy R5E technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare American Funds to competition
FundamentalsAmerican FundsPeer Average
Net Asset18.78 B1.37 B
Minimum Initial Investment2508.09 M
Cash Position Weight10.1 % 14.48 %
Equity Positions Weight89.32 % 40.68 %
Bond Positions Weight0.58 % 14.72 %
SellBuy
Strong Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Currently Unavailable

Financial Leverage

Inapplicable
Risk Adjusted Performance(0.014508)
Market Risk Adjusted Performance(0.051695)
Mean Deviation0.8382
Coefficient Of Variation(1,734)
Standard Deviation1.84
Variance3.39
Information Ratio(0.19)
Jensen Alpha(0.54)
Total Risk Alpha(1.19)
Treynor Ratio(0.061695)
Maximum Drawdown8.67
Value At Risk(0.54)
Potential Upside0.9309
Skewness(4.05)
Kurtosis18.07