New World Fund Price History
RNEBX Fund | USD 77.33 0.22 0.29% |
Below is the normalized historical share price chart for New World Fund extending back to August 29, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of New World stands at 77.33, as last reported on the 28th of March, with the highest price reaching 77.33 and the lowest price hitting 77.33 during the day.
If you're considering investing in New Mutual Fund, it is important to understand the factors that can impact its price. We consider New World very steady. New World Fund has Sharpe Ratio of 0.14, which conveys that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for New World, which you can use to evaluate the volatility of the fund. Please verify New World's Risk Adjusted Performance of 0.0906, downside deviation of 0.5995, and Mean Deviation of 0.4557 to check out if the risk estimate we provide is consistent with the expected return of 0.0815%.
New Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.1366
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Estimated Market Risk
0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average New World is performing at about 10% 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 World by adding it to a well-diversified portfolio.
New World Mutual Fund Price History Chart
There are several ways to analyze New World Fund price data. The simplest method is using a basic New candlestick price chart, which shows New World price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | March 21, 2024 | 77.66 |
Lowest Price | January 17, 2024 | 71.53 |
New World March 28, 2024 Mutual Fund Price Synopsis
Various analyses of New World's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell New Mutual Fund. It can be used to describe the percentage change in the price of New World from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of New Mutual Fund.New World Price Rate Of Daily Change | 1.00 | |
New World Price Action Indicator | 0.11 |
New World March 28, 2024 Mutual Fund Price Analysis
New Mutual Fund Price History Data
The price series of New World for the period between Fri, Dec 29, 2023 and Thu, Mar 28, 2024 has a statistical range of 6.13 with a coefficient of variation of 2.45. The price distribution for the period has arithmetic mean of 74.58. The median price for the last 90 days is 74.35. The company had dividends distributed to its stock-holders on 12/20/2019.Open | High | Low | Close | Volume | ||
03/27/2024 | 77.33 | 77.33 | 77.33 | 77.33 | 1.00 | |
03/26/2024 | 77.11 | 77.11 | 77.11 | 77.11 | 1.00 | |
03/25/2024 | 77.17 | 77.17 | 77.17 | 77.17 | 1.00 | |
03/22/2024 | 77.31 | 77.31 | 77.31 | 77.31 | 1.00 | |
03/21/2024 | 77.66 | 77.66 | 77.66 | 77.66 | 1.00 | |
03/20/2024 | 77.52 | 77.52 | 77.52 | 77.52 | 1.00 | |
03/19/2024 | 76.76 | 76.76 | 76.76 | 76.76 | 1.00 | |
03/18/2024 | 76.88 | 76.88 | 76.88 | 76.88 | 1.00 | |
03/15/2024 | 76.76 | 76.76 | 76.76 | 76.76 | 1.00 | |
03/14/2024 | 77.33 | 77.33 | 77.33 | 77.33 | 1.00 | |
03/13/2024 | 77.48 | 77.48 | 77.48 | 77.48 | 1.00 | |
03/12/2024 | 77.47 | 77.47 | 77.47 | 77.47 | 1.00 | |
03/11/2024 | 76.74 | 76.74 | 76.74 | 76.74 | 1.00 | |
03/08/2024 | 76.72 | 76.72 | 76.72 | 76.72 | 1.00 | |
03/07/2024 | 77.04 | 77.04 | 77.04 | 77.04 | 1.00 | |
03/06/2024 | 76.28 | 76.28 | 76.28 | 76.28 | 1.00 | |
03/05/2024 | 75.66 | 75.66 | 75.66 | 75.66 | 1.00 | |
03/04/2024 | 76.37 | 76.37 | 76.37 | 76.37 | 1.00 | |
03/01/2024 | 76.26 | 76.26 | 76.26 | 76.26 | 1.00 | |
02/29/2024 | 75.57 | 75.57 | 75.57 | 75.57 | 1.00 | |
02/28/2024 | 75.49 | 75.49 | 75.49 | 75.49 | 1.00 | |
02/27/2024 | 75.96 | 75.96 | 75.96 | 75.96 | 1.00 | |
02/26/2024 | 75.69 | 75.69 | 75.69 | 75.69 | 1.00 | |
02/23/2024 | 75.84 | 75.84 | 75.84 | 75.84 | 1.00 | |
02/22/2024 | 76.02 | 76.02 | 76.02 | 76.02 | 1.00 | |
02/21/2024 | 75.00 | 75.00 | 75.00 | 75.00 | 1.00 | |
02/20/2024 | 74.92 | 74.92 | 74.92 | 74.92 | 1.00 | |
02/16/2024 | 75.04 | 75.04 | 75.04 | 75.04 | 1.00 | |
02/15/2024 | 74.91 | 74.91 | 74.91 | 74.91 | 1.00 | |
02/14/2024 | 74.39 | 74.39 | 74.39 | 74.39 | 1.00 | |
02/13/2024 | 73.90 | 73.90 | 73.90 | 73.90 | 1.00 | |
02/12/2024 | 74.49 | 74.49 | 74.49 | 74.49 | 1.00 | |
02/09/2024 | 74.56 | 74.56 | 74.56 | 74.56 | 1.00 | |
02/08/2024 | 74.17 | 74.17 | 74.17 | 74.17 | 1.00 | |
02/07/2024 | 74.35 | 74.35 | 74.35 | 74.35 | 1.00 | |
02/06/2024 | 74.08 | 74.08 | 74.08 | 74.08 | 1.00 | |
02/05/2024 | 73.43 | 73.43 | 73.43 | 73.43 | 1.00 | |
02/02/2024 | 73.53 | 73.53 | 73.53 | 73.53 | 1.00 | |
02/01/2024 | 73.50 | 73.50 | 73.50 | 73.50 | 1.00 | |
01/31/2024 | 72.66 | 72.66 | 72.66 | 72.66 | 1.00 | |
01/30/2024 | 73.13 | 73.13 | 73.13 | 73.13 | 1.00 | |
01/29/2024 | 73.54 | 73.54 | 73.54 | 73.54 | 1.00 | |
01/26/2024 | 73.27 | 73.27 | 73.27 | 73.27 | 1.00 | |
01/25/2024 | 73.07 | 73.07 | 73.07 | 73.07 | 1.00 | |
01/24/2024 | 72.95 | 72.95 | 72.95 | 72.95 | 1.00 | |
01/23/2024 | 72.46 | 72.46 | 72.46 | 72.46 | 1.00 | |
01/22/2024 | 72.24 | 72.24 | 72.24 | 72.24 | 1.00 | |
01/19/2024 | 72.55 | 72.55 | 72.55 | 72.55 | 1.00 | |
01/18/2024 | 71.99 | 71.99 | 71.99 | 71.99 | 1.00 | |
01/17/2024 | 71.53 | 71.53 | 71.53 | 71.53 | 1.00 | |
01/16/2024 | 72.47 | 72.47 | 72.47 | 72.47 | 1.00 | |
01/12/2024 | 73.21 | 73.21 | 73.21 | 73.21 | 1.00 | |
01/11/2024 | 72.86 | 72.86 | 72.86 | 72.86 | 1.00 | |
01/10/2024 | 72.74 | 72.74 | 72.74 | 72.74 | 1.00 | |
01/09/2024 | 72.54 | 72.54 | 72.54 | 72.54 | 1.00 | |
01/08/2024 | 72.91 | 72.91 | 72.91 | 72.91 | 1.00 | |
01/05/2024 | 72.42 | 72.42 | 72.42 | 72.42 | 1.00 | |
01/04/2024 | 72.50 | 72.50 | 72.50 | 72.50 | 1.00 | |
01/03/2024 | 72.22 | 72.22 | 72.22 | 72.22 | 1.00 | |
01/02/2024 | 72.80 | 72.80 | 72.80 | 72.80 | 1.00 | |
12/29/2023 | 73.66 | 73.66 | 73.66 | 73.66 | 1.00 |
About New World Mutual Fund history
New World investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for New is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in New World Fund will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing New World stock prices may prove useful in developing a viable investing in New World
The fund invests primarily in common stocks of companies with significant exposure to countries with developing economies andor markets. Under normal market conditions, the fund invests at least 35 percent of its assets in equity and debt securities of issuers primarily based in qualified countries that have developing economies andor markets.
New World Mutual Fund Technical Analysis
New World technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
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New World Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for New World's price direction in advance. Along with the technical and fundamental analysis of New Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of New to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0906 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | (0.07) | |||
Treynor Ratio | 0.1053 |
Cycle Indicators | ||
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Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
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Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in New World Fund. 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 bureau of labor statistics. Note that the New World Fund information on this page should be used as a complementary analysis to other New World'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 Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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When running New World's price analysis, check to measure New World'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 World is operating at the current time. Most of New World's value examination focuses on studying past and present price action to predict the probability of New World'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 World's price. Additionally, you may evaluate how the addition of New World to your portfolios can decrease your overall portfolio volatility.
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