American Funds Buy Hold or Sell Recommendation

RNEBX -- USA Fund  

USD 66.36  0.13  0.20%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds New World R2E is 'Strong Hold'. Macroaxis provides American Funds buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding RNEBX positions. The advice algorithm takes into account all of American Funds New available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from RNEBX buy-and-hold prospective. Additionally take a look at American Funds Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell American FundsBuy American Funds
Strong Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon American Funds New World R2E has a risk adjusted performance of 0.0154, jensen alpha of 0.0057, total risk alpha of 0.0062, sortino ratio of 0.0069 and treynor ratio of 0.013
Macroaxis provides unbiased buy, hold, or sell recommendation on American Funds New that should be used to complement current analysts and expert consensus on American Funds New World R2E. Our buy or sell advice engine determines the fund potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. Use American Funds New Number of Employees, Ten Year Return as well as the relationship between Ten Year Return and Bond Positions Weight to make sure your buy or sell decision on American Funds New is adequate.

American Funds Trading Alerts and Improvement Suggestions

The fund maintains about 8.43% of its assets in cash

American Funds Returns Distribution Density

Mean Return0.015312Value At Risk1.33
Potential Upside1.08Standard Deviation0.78
 Return Density 
      Distribution 

American Funds Greeks

α
Alpha over DOW
=0.005676
β
Beta against DOW=0.41
σ
Overall volatility
=0.80
Ir
Information ratio =0.008

American Funds Volatility Alert

American Funds New World R2E has low volatility with Treynor Ratio of 0.01, Maximum Drawdown of 3.47 and kurtosis of 0.9. However, we advice all investors to further analyze American Funds New World R2E to make certain all market information is desiminated and is consistent with the current expectations about American Funds upside potential.
    
 Better Than Average     
    
 Worse Than Average Compare American Funds to competition

American Funds Fundamental Vs Peers

FundamentalsAmerican FundsPeer Average
Price to Earning18.23X6.53X
Price to Book2.07X0.74X
Price to Sales1.65X0.61X
One Year Return(1.71)% 4.15%
Three Year Return4.75% 3.60%
Five Year Return4.55% 3.24%
Ten Year Return8.30% 1.79%
Net Asset37.9B4.11B
Minimum Initial Investment250976.16K
Cash Position Weight8.43% 10.61%
Equity Positions Weight87.43% 63.90%
Bond Positions Weight4.02% 11.24%
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