New Economy Risk Adjusted Performance

RNGCX Fund  USD 66.16  0.87  1.33%   
New Economy risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for New Economy 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 Economy Fund has current Risk Adjusted Performance of 0.1337.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
0.1337
ER[a] = Expected return on investing in New Economy
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

New Economy Risk Adjusted Performance Peers Comparison

New Risk Adjusted Performance Relative To Other Indicators

New Economy Fund is rated top fund in risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  30.47  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for New Economy Fund is roughly  30.47 
Compare New Economy to Peers

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