Capital World Growth Fund Buy Hold or Sell Recommendation

CWICX Fund  USD 64.43  0.01  0.02%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Capital World Growth is 'Strong Hold'. Macroaxis provides Capital World buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CWICX positions. The advice algorithm takes into account all of Capital World's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Capital World's buy or sell advice are summarized below:
Real Value
63.7
Hype Value
64.43
Market Value
64.43
Naive Value
64.32
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Capital World Growth given historical horizon and risk tolerance towards Capital World. When Macroaxis issues a 'buy' or 'sell' recommendation for Capital World Growth, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Capital World Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual funds such as Capital and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Capital World Growth. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Execute Capital World Buy or Sell Advice

The Capital recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Capital World Growth. Macroaxis does not own or have any residual interests in Capital World Growth or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Capital World's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Capital WorldBuy Capital World
Strong Hold

Market Performance

GoodDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Almost mirrors the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Capital World Growth has a Risk Adjusted Performance of 0.1182, Jensen Alpha of 7.0E-4, Total Risk Alpha of (0.02), Sortino Ratio of (0.01) and Treynor Ratio of 0.1257
Macroaxis provides unbiased investment recommendation on Capital World Growth that should be used to complement current analysts and expert consensus on Capital World Growth. Our trade advice engine determines the fund's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. Use Capital World Growth annual yield, ten year return, as well as the relationship between the Ten Year Return and bond positions weight to ensure your buy or sell decision on Capital World Growth is adequate.

Capital World Trading Alerts and Improvement Suggestions

The fund holds about 8.11% of its assets under management (AUM) in cash

Capital World Returns Distribution Density

The distribution of Capital World's historical returns is an attempt to chart the uncertainty of Capital World's future price movements. The chart of the probability distribution of Capital World daily returns describes the distribution of returns around its average expected value. We use Capital World Growth price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Capital World returns is essential to provide solid investment advice for Capital World.
Mean Return
0.13
Value At Risk
-0.86
Potential Upside
1.03
Standard Deviation
0.61
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Capital World historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Capital World Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Capital World or American Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Capital World's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Capital fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.0007
β
Beta against NYSE Composite0.95
σ
Overall volatility
0.62
Ir
Information ratio -0.0098

Capital World Volatility Alert

Capital World Growth exhibits very low volatility with skewness of 0.12 and kurtosis of 0.0. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Capital World's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Capital World's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Capital World Fundamentals Vs Peers

Comparing Capital World's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Capital World's direct or indirect competition across all of the common fundamentals between Capital World and the related equities. This way, we can detect undervalued stocks with similar characteristics as Capital World or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Capital World's fundamental indicators could also be used in its relative valuation, which is a method of valuing Capital World by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Capital World to competition
FundamentalsCapital WorldPeer Average
Price To Earning17.22 X6.53 X
Price To Book1.97 X0.74 X
Price To Sales1.58 X0.61 X
Annual Yield0.01 %0.29 %
Year To Date Return7.34 %0.39 %
One Year Return25.48 %4.15 %
Three Year Return4.73 %3.60 %
Five Year Return8.99 %3.24 %
Ten Year Return7.74 %1.79 %
Net Asset99.03 B4.11 B
Last Dividend Paid0.220.65
Cash Position Weight8.11 %10.61 %
Equity Positions Weight91.30 %63.90 %
Bond Positions Weight0.23 %11.24 %

Capital World Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Capital . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Capital World Buy or Sell Advice

When is the right time to buy or sell Capital World Growth? Buying financial instruments such as Capital Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Capital World in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Banks Thematic Idea Now

Banks
Banks Theme
Large and small money and credit banks and credit services. The Banks theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Banks Theme or any other thematic opportunities.
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Check out Capital World Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note that the Capital World Growth information on this page should be used as a complementary analysis to other Capital World's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Capital World's price analysis, check to measure Capital World's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Capital World is operating at the current time. Most of Capital World's value examination focuses on studying past and present price action to predict the probability of Capital World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Capital World's price. Additionally, you may evaluate how the addition of Capital World to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Capital World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Capital World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Capital World's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.