New Germany Closed Fund Quote

GF Fund  USD 8.42  0.01  0.12%   


0 of 100

Very Weak

Odds Of Distress

Less than 6

New Germany is trading at 8.42 as of the 30th of November 2023. This is a -0.12 percent decrease since the beginning of the trading day. The fund's lowest day price was 8.4. New Germany has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for New Germany Closed are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of October 2023 and ending today, the 30th of November 2023. Click here to learn more.
The New Germany Fund Inc. is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc. The New Germany Fund Inc. was formed on January 16, 1990 and is domiciled in Germany. New Germany is traded on New York Stock Exchange in the United States. The company has 15.75 M outstanding shares of which 26.79 K shares are currently sold short in the market by investors with about 1.47 days to cover all shorted shares. More on New Germany Closed

Moving together with New Fund

+0.9ERHAllspring Utilities AndPairCorr
+0.88WHIYXIvy High IncomePairCorr
+0.88IVHIXIvy High IncomePairCorr
+0.87IHIFXIvy High IncomePairCorr
+0.89WRHIXIvy High IncomePairCorr
+0.88WHIAXIvy High IncomePairCorr
+0.92CSJZXCohen Steers RealtyPairCorr

New Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. New Germany's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding New Germany or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOHepsen Uzcan
Fund ConcentrationMiscellaneous Region Funds (View all Sectors)
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of New Germany's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
Update Date30th of September 2023
New Germany Closed [GF] is traded in USA and was set up on 30th of November 2023. The fund is not classified under any group at the moment. New Germany Closed currently reports in assets under management (AUM) with no minimum investment requirementsThe fund is currently generating return of 9.52% with the current yeild of 0.01%, while the total return for the last 3 years was -9.05%.
Check New Germany Probability Of Bankruptcy

New Germany Target Price Odds Analysis

In reference to a normal probability distribution, the odds of New Germany jumping above the current price in 90 days from now is about 23.28%. The New Germany Closed probability density function shows the probability of New Germany fund to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon New Germany has a beta of 0.9657. This usually indicates New Germany Closed market returns are reactive to returns on the market. As the market goes up or down, New Germany is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. New Germany Closed is significantly underperforming NYSE Composite.
  Odds Below 8.42HorizonTargetOdds Above 8.42
76.52%90 days
Based on a normal probability distribution, the odds of New Germany to move above the current price in 90 days from now is about 23.28 (This New Germany Closed probability density function shows the probability of New Fund to fall within a particular range of prices over 90 days) .

New Germany Closed Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. New Germany market risk premium is the additional return an investor will receive from holding New Germany long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in New Germany. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although New Germany's alpha and beta are two of the key measurements used to evaluate New Germany's performance over the market, the standard measures of volatility play an important role as well.

New Germany Against Markets

Picking the right benchmark for New Germany fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in New Germany fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for New Germany is critical whether you are bullish or bearish towards New Germany Closed at a given time. Please also check how New Germany's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in New Germany without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy New Fund?

Before investing in New Germany, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in New Germany. To buy New Germany fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of New Germany. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase New Germany fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located New Germany Closed fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased New Germany Closed fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as New Germany Closed, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in New Germany Closed?

The danger of trading New Germany Closed is mainly related to its market volatility and Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of New Germany is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than New Germany. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile New Germany Closed is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in New Germany Closed. Also, note that the market value of any Fund could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the New Germany Closed information on this page should be used as a complementary analysis to other New Germany'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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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When running New Germany's price analysis, check to measure New Germany'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 New Germany is operating at the current time. Most of New Germany's value examination focuses on studying past and present price action to predict the probability of New Germany's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Germany's price. Additionally, you may evaluate how the addition of New Germany to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between New Germany's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Germany is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Germany'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.