American Funds Backtesting

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RERAX -- USA Fund  

USD 54.10  0.32  0.59%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of American Funds EuroPacific Gr and determine expected loss or profit from investing in American Funds over given investment horizon. Additionally take a look at 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
SymbolX
Backtest

American Funds 'What if' Analysis

October 20, 2019
0.00
No Change 0.00  0.0 
In 3 months and 1 day
January 18, 2020
0.00
If you would invest  0.00  in American Funds on October 20, 2019 and sell it all today you would earn a total of 0.00 from holding American Funds EuroPacific Gr or generate 0.0% return on investment in American Funds over 90 days. American Funds is related to or competes with American Funds, Europacific Growth, American Funds, Europacific Growth, EuroPacific Growth, and American Funds. 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 Deviation0.7538
Information Ratio(0.06)
Maximum Drawdown3.16
Value At Risk(0.84)
Potential Upside0.9641

American Funds Market Premium Indicators

Risk Adjusted Performance0.0955
Jensen Alpha0.0987
Total Risk Alpha(0.06)
Sortino Ratio(0.04732)
Treynor Ratio8.16

American Funds EuroP Backtested Returns

We consider American Funds very steady. American Funds EuroP secures Sharpe Ratio (or Efficiency) of 0.2075 which signifies that the fund had 0.2075% 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 Gr which you can use to evaluate future volatility of the entity. Please confirm American Funds EuroP Mean Deviation of 0.3834 and Risk Adjusted Performance of 0.0955 to double-check if risk estimate we provide are consistent with the epected return of 0.1172%. The organization shows Beta (market volatility) of 0.0123 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 0.1172% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.61 
correlation synergy

Good predictability

American Funds EuroPacific Gr has good predictability. Overlapping area represents the amount of predictability between American Funds time series from October 20, 2019 to December 4, 2019 and December 4, 2019 to January 18, 2020. 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 0.61 indicates that roughly 61.0% of current American Funds price fluctuation can be explain by its past prices.
Correlation Coefficient0.61
Spearman Rank Test0.57
Residual Average0.0
Price Variance0.36

American Funds EuroP lagged returns against current returns

 Current and Lagged Values 
    
  Timeline 

American Funds regressed lagged prices vs. current prices

 Current vs Lagged Prices 
    
  Timeline 

American Funds Lagged Returns

 Regressed Prices 
    
  Timeline 

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Additionally take a look at 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.