New Perspective Manager Performance Evaluation

NP
NPFFX -- USA Fund  

USD 44.26  0.35  0.80%

The fund secures a Beta (Market Risk) of -0.3128, which conveys that as returns on market increase, returns on owning New Perspective are expected to decrease at a much smaller rate. During bear market, New Perspective is likely to outperform the market. Although it is extremely important to respect New Perspective price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards estimating future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing New Perspective technical indicators you can presently evaluate if the expected return of 0.0398% will be sustainable into the future.

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Risk-Adjusted Fund Performance

Over the last 30 days New Perspective has generated negative risk-adjusted returns adding no value to fund investors. Inspite fairly strong basic indicators, New Perspective is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
Fifty Two Week Low33.70
Fifty Two Week High49.79
Annual Report Expense Ratio0.80%

New Perspective Relative Risk vs. Return Landscape

If you would invest  4,591  in New Perspective on April 26, 2020 and sell it today you would lose (165.00)  from holding New Perspective or give up 3.59% of portfolio value over 30 days. New Perspective is currently producing 0.0398% returns and takes up 4.396% volatility of returns over 30 trading days. Put another way, 38% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, New Perspective is expected to generate 1.06 times more return on investment than the market. However, the company is 1.06 times more volatile than its market benchmark. It trades about 0.01 of its potential returns per unit of risk. The DOW is currently generating roughly -0.02 per unit of risk.

New Perspective Current Valuation

Over Valued
Today
44.26
26th of May 2020
39.63
Real Value
48.69
Upside
New Perspective is not too volatile asset. New Perspective secures a last-minute Real Value of $39.63 per share. The latest price of the fund is $44.26. At this time the organization appears to be over valued. We determine the value of New Perspective from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to purchase undervalued stocks and to get rid of overvalued stocks since at some point entities prices and their ongoing real values will merge together.
Bollinger
Band Projection (param)
LowerMiddle BandUpper
34.0840.5246.97
Details
Hype
Prediction
LowEstimated ValueHigh
39.8644.2648.66
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
0.540.570.60
Details

New Perspective Market Risk Analysis

Sharpe Ratio = 0.0091
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New Perspective Performance Indicators

Estimated Market Risk
 4.4
  actual daily
 
 38 %
of total potential
 
3838
Expected Return
 0.04
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 0.01
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average New Perspective is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of New Perspective by adding it to a well-diversified portfolio.

New Perspective Alerts

Equity Alerts and Improvement Suggestions

New Perspective has very high historical volatility over the last 30 days
The fund maintains about 6.35% of its assets in cash
Additionally, see Stocks Correlation. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.
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Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page