American Funds Technical Analysis |
| American Funds New Economy R1 -- USA Fund | USD 43.71 0.75 1.69% |
American Funds New Economy R1 shows Mean Deviation of 0.0645 and Risk Adjusted Performance of 0.042687. In respect to Fundamental Indicators, Macroaxis technical analysis interface gives you tools to check existing technical drivers of American Funds as well as the relationship between them. In plain English you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for American Funds New Economy R1 which can be compared to its rivals. Please confirm American Funds New Information Ratio as well as the relationship between Potential Upside and Kurtosis to decide if American Funds New is priced correctly providing market reflects its regular price of 43.71 per share.
| Time Horizon | 30 Days Login to change |
American Funds New Technical Analysis
The output start index for this execution was twenty with a total number of output elements of nineteen. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of American Funds New volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
American Funds New Trend Analysis
Use this graph to draw trend lines for American Funds New Economy R1. You can use it to identify possible trend reversals for American Funds as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual American Funds price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.American Funds Best Fit Change Line
The following chart estimates an ordinary least squares regression model for American Funds New Economy R1 applied against its price change over selected period. The best fit line has a slop of 0.03 % which may suggest that American Funds New Economy R1 market price will keep on failing further. It has 78 observation points and a regression sum of squares at 8.1, which is the sum of squared deviations for the predicted American Funds price change compared to its average price change.Technical Drivers
American Funds April 23, 2018 Technical Indicators
| Cycle Indicators | |
| Math Operators | |
| Math Transform | |
| Momentum Indicators | |
| Overlap Studies | |
| Pattern Recognition | |
| Price Transform | |
| Statistic Functions | |
| Volatility Indicators | |
| Volume Indicators |
| Risk Adjusted Performance | 0.042687 | ||
| Market Risk Adjusted Performance | 0.2435 | ||
| Mean Deviation | 0.0645 | ||
| Coefficient Of Variation | 67352.42 | ||
| Standard Deviation | 0.3039 | ||
| Variance | 0.0923 | ||
| Information Ratio | 0.2875 | ||
| Jensen Alpha | 0.013513 | ||
| Total Risk Alpha | 0.008 | ||
| Treynor Ratio | 0.2335 | ||
| Maximum Drawdown | 2.82 | ||
| Potential Upside | 0.0 | ||
| Skewness | 0.098 | ||
| Kurtosis | 21.5 |
American Funds New One Year Return
Based on recorded statements American Funds New Economy R1 has One Year Return of -0.92%. This is 138.66% lower than that of the American Funds family, and 127.69% lower than that of Large Growth category, The One Year Return for all funds is 140.0% higher than the company.
Year Return |
American Funds Market Strength
American Funds April 23, 2018 Daily Price Condition
| Accumulation Distribution | (0.0206) |
| Daily Balance Of Power | 0.83 |
| Rate Of Daily Change | 0.98 |
| Day Median Price | 44.16 |
| Day Typical Price | 44.01 |
| Price Action Indicator | (0.82) |
Additionally take a look at Your Equity Center. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.