American Funds Backtesting

RERCX -- USA Fund  

Steady Growth

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

American Funds 'What if' Analysis

August 21, 2019
No Change 0.00  0.0 
In 3 months and 1 day
November 19, 2019
If you would invest  0.00  in American Funds on August 21, 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 Goldman Sachs, Strategic Advisers, Goldman Sachs, Goldman Sachs, Fidelity Series, 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 Deviation0.6469
Information Ratio0.0197
Maximum Drawdown3.17
Value At Risk(0.91)
Potential Upside1.11

American Funds Market Premium Indicators

Risk Adjusted Performance0.1291
Jensen Alpha0.0494
Total Risk Alpha0.0229
Sortino Ratio0.0194
Treynor Ratio0.175

American Funds EuroP Backtested Returns

We consider American Funds very steady. American Funds EuroP secures Sharpe Ratio (or Efficiency) of 0.1716 which signifies that the fund had 0.1716% 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 Risk Adjusted Performance of 0.1291 and Mean Deviation of 0.4893 to double-check if risk estimate we provide are consistent with the epected return of 0.1095%. The organization shows Beta (market volatility) of 0.6058 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 0.1095% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.60 
correlation synergy

Good predictability

American Funds EuroPacific Gr has good predictability. Overlapping area represents the amount of predictability between American Funds time series from August 21, 2019 to October 5, 2019 and October 5, 2019 to November 19, 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 0.6 indicates that roughly 60.0% of current American Funds price fluctuation can be explain by its past prices.
Correlation Coefficient0.6
Spearman Rank Test0.41
Residual Average0.0
Price Variance1.17

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 - RERCX

American Funds EuroP Investor Sentiment

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

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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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.