American Funds Buy or Sell Recommendation

Macroaxis provides American Funds Tax Exempt CA B 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 Tax Exempt CA B available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from American Funds buy-and-hold prospective. Also please take a look at American Funds Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Time Horizon

Risk Tolerance

Execute Advice
American Funds Tax Exempt CA B -- USA Fund  

USD 17.42  0.00  0.00%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds Tax Exempt CA B is 'Hold'.
For the selected time horizon American Funds Tax Exempt CA B has a risk adjusted performance of 0.070864, jensen alpha of 0.004135, total risk alpha of 0.0033, sortino ratio of 0.0 and treynor ratio of 0.2228
This buy or sell advice tool can be used to cross verify current analyst consensus on American Funds Tax and to analyze the fund potential to grow in the current economic cycle. Use American Funds Tax One Year Return and Minimum Initial Investment to make sure your buy or sell decision on American Funds Tax is adequate.

Returns Distribution Density

Mean Return0.007838Value At Risk0.00
Potential Upside0.057504Standard Deviation0.026874
 Return Density 

American Funds Greeks

Alpha over DOW
Beta against DOW=0.0097
Overall volatility
Information ratio =7.49

American Funds Volatility Alert

American Funds Tax Exempt CA B exhibits very low volatility with skewness of 3.62 and kurtosis of 13.26. However, we advise investors to further study American Funds Tax Exempt CA B 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
Annual Yield2.41 % 1.38 %
Year to Date Return(2.03) % 1.50 %
One Year Return10.69 % 2.30 %
Three Year Return8.50 % 3.97 %
Five Year Return3.58 % 1.27 %
Ten Year Return4.06 % 1.17 %
Net Asset1.99 B1.37 B
Minimum Initial Investment1 K8.09 M
Last Dividend Paid0.031.05
Holdings Turnover11.00 % 51.27 %
Cash Position Weight2.30 % 14.48 %
Bond Positions Weight97.70 % 14.72 %


Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Currently Unavailable

Financial Leverage

Risk Adjusted Performance0.070864
Market Risk Adjusted Performance0.2328
Mean Deviation0.0143
Coefficient Of Variation342.85
Standard Deviation0.0269
Information Ratio7.49
Jensen Alpha0.004135
Total Risk Alpha0.0033
Treynor Ratio0.2228
Maximum Drawdown0.1149
Potential Upside0.0575