New Perspective Fund Price on August 15, 9024
| RNPGX Fund | USD 67.35 0.43 0.63% |
Below is the normalized historical share price chart for New Perspective Fund extending back to May 01, 2009. 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 Perspective stands at 67.35, as last reported on the 11th of December 2024, with the highest price reaching 67.35 and the lowest price hitting 67.35 during the day.
If you're considering investing in New Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider New Mutual Fund to be very steady. New Perspective has Sharpe Ratio of 0.13, which conveys that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for New Perspective, which you can use to evaluate the volatility of the fund. Please verify New Perspective's Downside Deviation of 0.7082, mean deviation of 0.5147, and Risk Adjusted Performance of 0.1241 to check out if the risk estimate we provide is consistent with the expected return of 0.0834%.
New Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
New |
Sharpe Ratio = 0.1264
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| Cash | RNPGX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.66 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
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average New Perspective is performing at about 9% 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About New Perspective Mutual Fund history
New Perspective 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 Perspective 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 Perspective stock prices may prove useful in developing a viable investing in New Perspective
The fund seeks to take advantage of investment opportunities generated by changes in international trade patterns and economic and political relationships by investing in common stocks of companies located around the world. In pursuing its investment objective, it invests primarily in common stocks that the investment adviser believes have the potential for growth.
New Perspective Mutual Fund Technical Analysis
New Perspective 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.
Price Boundaries
New Perspective Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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New Perspective December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how New Perspective mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading New Perspective shares will generate the highest return on investment. By undertsting and applying New Perspective mutual fund market strength indicators, traders can identify New Perspective Fund entry and exit signals to maximize returns
New Perspective Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for New Perspective'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 | 0.1241 | |||
| Jensen Alpha | 0.0373 | |||
| Total Risk Alpha | (0.0003) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1764 |
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Other Information on Investing in New Mutual Fund
New Perspective financial ratios help investors to determine whether New Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in New with respect to the benefits of owning New Perspective security.
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| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
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