As of 22 of January American Funds shows Mean Deviation of 1.38 and Risk Adjusted Performance of
(0.15). 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 R5 which can be compared to its rivals. Please confirm American Funds New Semi Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Semi Variance to decide if American Funds New is priced correctly providing market reflects its regular price of 41.29 per share.
|Horizon||30 Days Login to change|
American Funds New Technical Analysis
American Funds New Trend AnalysisUse this graph to draw trend lines for American Funds New Economy R5. 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 LineThe following chart estimates an ordinary least squares regression model for American Funds New Economy R5 applied against its price change over selected period. The best fit line has a slop of 0.18 % which may suggest that American Funds New Economy R5 market price will keep on failing further. It has 78 observation points and a regression sum of squares at 328.63, which is the sum of squared deviations for the predicted American Funds price change compared to its average price change.
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations when you add American Funds New Economy R5 to your portfolio
|Risk Adjusted Performance||(0.15)|
|Market Risk Adjusted Performance||(0.28)|
|Coefficient Of Variation||(1,316)|
|Total Risk Alpha||(0.11)|
|Value At Risk||(2.44)|
American Funds New One Year Return
Based on recorded statements American Funds New Economy R5 has One Year Return of 0.13%. This is 94.54% lower than that of the American Funds family, and 96.09% lower than that of Large Growth category, The One Year Return for all funds is 94.35% higher than the company.