Rondure New World Fund Price on September 26, 2024
RNWIX Fund | USD 11.10 0.00 0.00% |
Below is the normalized historical share price chart for Rondure New World extending back to May 01, 2017. 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 Rondure New stands at 11.10, as last reported on the 29th of November, with the highest price reaching 11.10 and the lowest price hitting 11.10 during the day.
If you're considering investing in Rondure Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Rondure Mutual Fund to be very steady. Rondure New World maintains Sharpe Ratio (i.e., Efficiency) of 0.0826, which implies the entity had a 0.0826% return per unit of risk over the last 3 months. We have found nineteen technical indicators for Rondure New World, which you can use to evaluate the volatility of the fund. Please check Rondure New's Variance of 0.197, coefficient of variation of (4,480), and Risk Adjusted Performance of (0.02) to confirm if the risk estimate we provide is consistent with the expected return of 0.0299%.
Rondure Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Rondure |
Sharpe Ratio = 0.0826
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Estimated Market Risk
0.36 actual daily | 3 97% of assets are more volatile |
Expected Return
0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Rondure New is performing at about 6% 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 Rondure New by adding it to a well-diversified portfolio.
Rondure New Valuation on September 26, 2024
It is possible to determine the worth of Rondure New on a given historical date. On September 26, 2024 Rondure was worth 11.1 at the beginning of the trading date compared to the closed value of 11.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rondure New mutual fund. Still, in general, we apply an absolute valuation method to find Rondure New's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Rondure New where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rondure New's related companies.
Open | High | Low | Close | Volume | |
11.10 | 11.10 | 11.10 | 11.10 | 1.00 | |
09/26/2024 | 11.10 | 11.10 | 11.10 | 11.10 | 1.00 |
11.10 | 11.10 | 11.10 | 11.10 | 1.00 |
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Rondure New Trading Date Momentum on September 26, 2024
On September 27 2024 Rondure New World was traded for 11.10 at the closing time. The highest daily price throughout the period was 11.10 and the lowest price was 11.10 . There was no trading activity during the period 1.0. Lack of trading volume on 09/27/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Rondure New World Fundamentals Correlations and Trends
By evaluating Rondure New's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Rondure New's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rondure financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rondure New Mutual Fund history
Rondure New 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 Rondure is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rondure New World 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 Rondure New stock prices may prove useful in developing a viable investing in Rondure New
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.
Rondure New Mutual Fund Technical Analysis
Rondure New 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
Rondure New Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Rondure New World cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Rondure New November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Rondure New 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 Rondure New shares will generate the highest return on investment. By undertsting and applying Rondure New mutual fund market strength indicators, traders can identify Rondure New World entry and exit signals to maximize returns
Rondure New Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rondure New's price direction in advance. Along with the technical and fundamental analysis of Rondure Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rondure 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 | (0.02) | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.09) | |||
Treynor Ratio | 0.2285 |
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Other Information on Investing in Rondure Mutual Fund
Rondure New financial ratios help investors to determine whether Rondure 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 Rondure with respect to the benefits of owning Rondure New security.
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