As of 22 of February American Funds shows Mean Deviation of 0.857 and Risk Adjusted Performance of 0.1517. 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 World R2E 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 61.79 per share.
|Horizon||30 Days Login to change|
American Funds New Technical Analysis
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American Funds New Trend AnalysisUse this graph to draw trend lines for American Funds New World R2E. 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 World R2E applied against its price change over selected period. The best fit line has a slop of 0.19 % which means American Funds New World R2E will continue generating value for investors. It has 78 observation points and a regression sum of squares at 362.85, which is the sum of squared deviations for the predicted American Funds price change compared to its average price change.
Use Price Transformation models to analyze depth of different equity instruments across global markets
|All Next||Launch Price Transformation|
|Risk Adjusted Performance||0.1517|
|Market Risk Adjusted Performance||(0.85)|
|Coefficient Of Variation||1119.64|
|Total Risk Alpha||(0.07)|
|Value At Risk||(1.71)|
|Expected Short fall||(0.83)|
American Funds New One Year Return
Based on recorded statements American Funds New World R2E has One Year Return of -1.71%. This is 171.85% lower than that of the American Funds family, and 68.48% lower than that of Diversified Emerging Mkts category, The One Year Return for all funds is 174.35% higher than the company.
Additionally take a look at Your Equity Center. Please also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.