Rondure New World Fund Fundamentals
| RNWOX Fund | USD 11.20 0.14 1.27% |
Rondure New World fundamentals help investors to digest information that contributes to Rondure New's financial success or failures. It also enables traders to predict the movement of Rondure Mutual Fund. The fundamental analysis module provides a way to measure Rondure New's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Rondure New mutual fund.
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Rondure New World Mutual Fund One Year Return Analysis
Rondure New's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Rondure New One Year Return | (7.41) % |
Most of Rondure New's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Rondure New World is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Rondure New World has an One Year Return of -7.4074%. This is much lower than that of the Rondure Global family and significantly lower than that of the Diversified Emerging Mkts category. The one year return for all United States funds is notably higher than that of the company.
Rondure New World Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rondure New's current stock value. Our valuation model uses many indicators to compare Rondure New value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rondure New competition to find correlations between indicators driving Rondure New's intrinsic value. More Info.Rondure New World is rated second largest fund in one year return among similar funds. It is rated second largest fund in three year return among similar funds . Comparative valuation analysis is a catch-all model that can be used if you cannot value Rondure New by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Rondure New's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Rondure New's earnings, one of the primary drivers of an investment's value.Rondure One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rondure New's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Rondure New could also be used in its relative valuation, which is a method of valuing Rondure New by comparing valuation metrics of similar companies.Rondure New is currently under evaluation in one year return among similar funds.
Fund Asset Allocation for Rondure New
The fund consists of 96.43% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Rondure New's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Rondure Fundamentals
| Total Asset | 15.46 M | ||||
| One Year Return | (7.41) % | ||||
| Three Year Return | (5.92) % | ||||
| Five Year Return | 1.13 % | ||||
| Net Asset | 216.91 M | ||||
| Last Dividend Paid | 0.03 | ||||
| Cash Position Weight | 3.57 % | ||||
| Equity Positions Weight | 96.43 % |
About Rondure New Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Rondure New World's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rondure New using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rondure New World based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund will, under normal market conditions, invest at least 40 percent of its assets, calculated at the time of purchase, in equity securities of issuers either organized or having headquarters in countries outside the United States, or issuers having a majority of their assets or revenues attributable to countries outside the United States. It may also invest in investment grade corporate or government debt obligations, and in foreign exchange futures contracts or currency forward contracts.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Rondure New in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Rondure New's short interest history, or implied volatility extrapolated from Rondure New options trading.
Currently Active Assets on Macroaxis
| LAAC | Lithium Americas Corp | |
| F | Ford Motor | |
| CHPT | ChargePoint Holdings | |
| AXL | American Axle Manufacturing | |
| ICLN | iShares Global Clean |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rondure New World. 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 persons. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.