American Funds Backtesting

AEGFX -- USA Fund  

USD 53.88  0.38  0.70%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of American Funds EuroPacific Grow and determine expected loss or profit from investing in American Funds over given investment horizon. Check also American Funds Hype Analysis, American Funds Correlation, Portfolio Optimization, American Funds Volatility as well as analyze American Funds Alpha and Beta and American Funds Performance.
Horizon     30 Days    Login   to change

American Funds 'What if' Analysis

August 15, 2019
No Change 0.00  0.0 
In 3 months and 1 day
November 13, 2019
If you would invest  0.00  in American Funds on August 15, 2019 and sell it all today you would earn a total of 0.00 from holding American Funds EuroPacific Grow or generate 0.0% return on investment in American Funds over 90 days. American Funds is related to or competes with American Funds, MFS International, EuroPacific Growth, MFS Series, Invesco Oppenheimer, MFS International, and Invesco Oppenheimer. The fund invests primarily in common stocks of issuers in Europe and the Pacific Basin that the investment adviser belie...

American Funds Upside/Downside Indicators

Downside Deviation0.9007
Information Ratio0.0089
Maximum Drawdown3.93
Value At Risk(1.13)
Potential Upside1.11

American Funds Market Premium Indicators

Risk Adjusted Performance0.1037
Jensen Alpha0.0333
Total Risk Alpha0.0144
Sortino Ratio0.0074
Treynor Ratio0.1286

American Funds EuroP Backtested Returns

We consider American Funds very steady. American Funds EuroP secures Sharpe Ratio (or Efficiency) of 0.1967 which signifies that the fund had 0.1967% of return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for American Funds EuroPacific Grow which you can use to evaluate future volatility of the entity. Please confirm American Funds EuroP Risk Adjusted Performance of 0.1037 and Mean Deviation of 0.5527 to double-check if risk estimate we provide are consistent with the epected return of 0.1339%. The organization shows Beta (market volatility) of 0.6563 which signifies that as returns on market increase, American Funds returns are expected to increase less than the market. However during bear market, the loss on holding American Funds will be expected to be smaller as well. Although it is extremely important to respect American Funds EuroP historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in foreseeing future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing American Funds EuroP technical indicators you can presently evaluate if the expected return of 0.1339% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.80 
correlation synergy

Very good predictability

American Funds EuroPacific Grow has very good predictability. Overlapping area represents the amount of predictability between American Funds time series from August 15, 2019 to September 29, 2019 and September 29, 2019 to November 13, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of American Funds EuroP price movement. The serial correlation of 0.8 indicates that around 80.0% of current American Funds price fluctuation can be explain by its past prices.
Correlation Coefficient0.8
Spearman Rank Test0.7
Residual Average0.0
Price Variance1.41

American Funds EuroP lagged returns against current returns

 Current and Lagged Values 

American Funds regressed lagged prices vs. current prices

 Current vs Lagged Prices 

American Funds Lagged Returns

 Regressed Prices 

Current Sentiment - AEGFX

American Funds EuroP Investor Sentiment

Most of Macroaxis users are presently bullish on American Funds EuroPacific Grow. What is your sentiment towards investing in American Funds EuroPacific Grow? Are you bullish or bearish?
98% Bullish
2% Bearish

American Funds Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for American Funds and American Funds EuroP. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Check also American Funds Hype Analysis, American Funds Correlation, Portfolio Optimization, American Funds Volatility as well as analyze American Funds Alpha and Beta and American Funds Performance. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.