Rondure New Financials
| RNWOX Fund | USD 10.91 0.06 0.55% |
Rondure |
Please note that past performance is not an indicator of the future performance of Rondure New, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Rondure New Fund Summary
Rondure New competes with Amana Income, Amana Growth, Amana Participation, HUMANA, and Barloworld. 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.Specialization | Diversified Emerging Mkts, Large Growth |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Financial Investors Trust |
| Mutual Fund Family | Rondure Global |
| Mutual Fund Category | Diversified Emerging Mkts |
| Benchmark | NYSE Composite |
| Phone | 855 775 3337 |
| Currency | USD - US Dollar |
You should never invest in Rondure New World without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Rondure Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Rondure New's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Rondure New Key Financial Ratios
Generally speaking, Rondure New's financial ratios allow both analysts and investors to convert raw data from Rondure New's financial statements into concise, actionable information that can be used to evaluate the performance of Rondure New over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Rondure New World reports annually and quarterly.Rondure Financial Ratios 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 top fund in one year return among similar funds. It is rated top 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 New World Systematic Risk
Rondure New's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Rondure New volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Rondure New World correlated with the market. If Beta is less than 0 Rondure New generally moves in the opposite direction as compared to the market. If Rondure New Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Rondure New World is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Rondure New is generally in the same direction as the market. If Beta > 1 Rondure New moves generally in the same direction as, but more than the movement of the benchmark.
Rondure New April 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Rondure New help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Rondure New World. We use our internally-developed statistical techniques to arrive at the intrinsic value of Rondure New World based on widely used predictive technical indicators. In general, we focus on analyzing Rondure Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Rondure New's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7988 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 3.23 | |||
| Value At Risk | (1.29) | |||
| Potential Upside | 0.9955 |
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 Stocks Directory module to find actively traded stocks across global markets.