American Funds Manager Performance Evaluation

The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and American Funds are completely uncorrelated. Although it is extremely important to respect American Funds New 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 New technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future.

Risk-Adjusted Fund Performance

Over the last 30 days American Funds New Economy Fund has generated negative risk-adjusted returns adding no value to fund investors. Inspite fairly strong basic indicators, American Funds is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
Fifty Two Week Low36.83
Fifty Two Week High48.02
Annual Report Expense Ratio0.83%
Horizon     30 Days    Login   to change

American Funds New Relative Risk vs. Return Landscape

If you would invest  0.00  in American Funds New Economy Fund on November 6, 2019 and sell it today you would earn a total of  0.00  from holding American Funds New Economy Fund or generate 0.0% return on investment over 30 days. American Funds New Economy Fund is currently producing negative expected returns and takes up 0.0% volatility of returns over 30 trading days. Put another way, 0% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
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American Funds Market Risk Analysis

Sharpe Ratio = 0.0
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Based on monthly moving average American Funds is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of American Funds by adding it to a well-diversified portfolio.

American Funds Alerts

Equity Alerts and Improvement Suggestions

American Funds New is not yet fully synchronised with the market data
American Funds New has some characteristics of a very speculative penny stock
The fund holds about 10.25% of its assets under management (AUM) in cash
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