AMERICAN FUNDS Market Risk Adjusted Performance

RFGTX Fund  USD 22.87  -0.27  -1.17%   
Observed values used to calculate the Market Risk Adjusted Performance technical indicator for American Funds 2040. Additional screening context is available through Equity Screeners.
American Funds 2040 has current Market Risk Adjusted Performance of -0.03.

MRAP

 = 

ER[a] + (1/BETA - 1)

X

ER[a] - RFR)

 = 
-0.03
ER[a] = Expected return on investing in AMERICAN FUNDS
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Market Risk Adjusted Performance Peers Comparison

Market Risk Adjusted Performance Relative To Other Indicators

American Funds 2040 is rated fourth in market risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
Compare AMERICAN FUNDS to Peers

Other Technical Indicators