New World Market Risk Adjusted Performance

NEWFX Fund  USD 78.84  0.22  0.28%   
New World market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for New World Fund or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
New World Fund has current Market Risk Adjusted Performance of 0.1172.

MRAP

 = 

ER[a] + (1/BETA - 1)

X

ER[a] - RFR)

 = 
0.1172
ER[a] = Expected return on investing in New World
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

New World Market Risk Adjusted Performance Peers Comparison

New Market Risk Adjusted Performance Relative To Other Indicators

New World Fund is regarded third largest fund in market risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  19.50  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for New World Fund is roughly  19.50 
Compare New World to Peers

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