New World Buy Hold or Sell Recommendation

RNEBX -- USA Fund  

USD 68.38  0.06  0.09%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding New World Fund Inc Class R2 is 'Buy'. Macroaxis provides New World buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding RNEBX positions. The advice algorithm takes into account all of New World Fund available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from RNEBX buy-and-hold prospective. Additionally take a look at New World Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Execute Advice
Sell New WorldBuy New World


Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon New World Fund Inc Class R2 has a risk adjusted performance of 0.0893, jensen alpha of 0.0155, total risk alpha of 0.0014, sortino ratio of (0.003387) and treynor ratio of 0.0982
Macroaxis provides unbiased advice on New World Fund that should be used to complement current analysts and expert consensus on New World. Our buy, hold, or sell recommendation engine determines the entity potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. Use New World Fund Inc Class R2 Price to Earning, One Year Return as well as the relationship between One Year Return and Minimum Initial Investment to make sure your buy or sell decision on New World Fund is adequate.

New World Trading Alerts and Improvement Suggestions

Latest headline from Spotting Wide-Moat Stocks Grupo Financiero Galicia SA , EQT Corporation - US Post News
The fund maintains about 8.41% of its assets in cash

New World Returns Distribution Density

Mean Return0.08Value At Risk1.27
Potential Upside1.22Standard Deviation0.78
 Return Density 

New World Greeks

Alpha over DOW
Beta against DOW=0.76
Overall volatility
Information ratio =0.0043

New World Volatility Alert

New World Fund Inc Class R2 has low volatility with Treynor Ratio of 0.1, Maximum Drawdown of 3.85 and kurtosis of 1.27. However, we advice all investors to further analyze New World Fund Inc Class R2 to make certain all market information is desiminated and is consistent with the current expectations about New World upside potential.
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New World Fundamental Vs Peers

FundamentalsNew WorldPeer Average
Price to Earning18.23 6.53 
Price to Book2.07 0.74 
Price to Sales1.65 0.61 
One Year Return(1.71) 4.15 
Three Year Return4.75 3.60 
Five Year Return4.55 3.24 
Ten Year Return8.30 1.79 
Net Asset41.77 B4.11 B
Minimum Initial Investment250976.16 K
Cash Position Weight8.41 10.61 
Equity Positions Weight88.17 63.90 
Bond Positions Weight3.42 11.24