New World Fund Price History
RNWGX Fund | USD 81.23 0.06 0.07% |
Below is the normalized historical share price chart for New World 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 World stands at 81.23, as last reported on the 29th of November, with the highest price reaching 81.23 and the lowest price hitting 81.23 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 World Fund has Sharpe Ratio of 0.023, which conveys that the entity had a 0.023% return per unit of risk over the last 3 months. We have found twenty-two 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 (0.02), mean deviation of 0.5514, and Standard Deviation of 0.7508 to check out if the risk estimate we provide is consistent with the expected return of 0.0161%.
New Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
New |
Sharpe Ratio = 0.023
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Estimated Market Risk
0.7 actual daily | 6 94% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average New World is performing at about 1% 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 | October 2, 2024 | 86.24 |
Lowest Price | September 6, 2024 | 79.3 |
New World November 29, 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 | 0.03 |
New World November 29, 2024 Mutual Fund Price Analysis
New Mutual Fund Price History Data
The price series of New World for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 has a statistical range of 6.94 with a coefficient of variation of 2.27. The price distribution for the period has arithmetic mean of 82.96. The median price for the last 90 days is 83.19. The company had dividends distributed to its stock-holders on 12/20/2019.Open | High | Low | Close | Volume | ||
11/29/2024 | 81.23 | 81.23 | 81.23 | 81.23 | 1.00 | |
11/29/2024 | 81.17 | 81.17 | 81.17 | 81.17 | ||
11/27/2024 | 81.17 | 81.17 | 81.17 | 81.17 | 1.00 | |
11/26/2024 | 81.21 | 81.21 | 81.21 | 81.21 | 1.00 | |
11/25/2024 | 81.44 | 81.44 | 81.44 | 81.44 | 1.00 | |
11/22/2024 | 80.99 | 80.99 | 80.99 | 80.99 | 1.00 | |
11/21/2024 | 80.94 | 80.94 | 80.94 | 80.94 | 1.00 | |
11/20/2024 | 81.12 | 81.12 | 81.12 | 81.12 | 1.00 | |
11/19/2024 | 81.06 | 81.06 | 81.06 | 81.06 | 1.00 | |
11/18/2024 | 80.72 | 80.72 | 80.72 | 80.72 | 1.00 | |
11/15/2024 | 80.31 | 80.31 | 80.31 | 80.31 | 1.00 | |
11/14/2024 | 81.10 | 81.10 | 81.10 | 81.10 | 1.00 | |
11/13/2024 | 81.49 | 81.49 | 81.49 | 81.49 | 1.00 | |
11/12/2024 | 82.14 | 82.14 | 82.14 | 82.14 | 1.00 | |
11/11/2024 | 83.23 | 83.23 | 83.23 | 83.23 | 1.00 | |
11/08/2024 | 83.44 | 83.44 | 83.44 | 83.44 | 1.00 | |
11/07/2024 | 84.21 | 84.21 | 84.21 | 84.21 | 1.00 | |
11/06/2024 | 83.46 | 83.46 | 83.46 | 83.46 | 1.00 | |
11/05/2024 | 83.78 | 83.78 | 83.78 | 83.78 | 1.00 | |
11/04/2024 | 82.92 | 82.92 | 82.92 | 82.92 | 1.00 | |
11/01/2024 | 82.58 | 82.58 | 82.58 | 82.58 | 1.00 | |
10/31/2024 | 82.24 | 82.24 | 82.24 | 82.24 | 1.00 | |
10/30/2024 | 83.33 | 83.33 | 83.33 | 83.33 | 1.00 | |
10/29/2024 | 83.74 | 83.74 | 83.74 | 83.74 | 1.00 | |
10/28/2024 | 83.70 | 83.70 | 83.70 | 83.70 | 1.00 | |
10/25/2024 | 83.52 | 83.52 | 83.52 | 83.52 | 1.00 | |
10/24/2024 | 83.51 | 83.51 | 83.51 | 83.51 | 1.00 | |
10/23/2024 | 83.50 | 83.50 | 83.50 | 83.50 | 1.00 | |
10/22/2024 | 84.04 | 84.04 | 84.04 | 84.04 | 1.00 | |
10/21/2024 | 84.29 | 84.29 | 84.29 | 84.29 | 1.00 | |
10/18/2024 | 84.79 | 84.79 | 84.79 | 84.79 | 1.00 | |
10/17/2024 | 83.95 | 83.95 | 83.95 | 83.95 | 1.00 | |
10/16/2024 | 84.11 | 84.11 | 84.11 | 84.11 | 1.00 | |
10/15/2024 | 83.99 | 83.99 | 83.99 | 83.99 | 1.00 | |
10/14/2024 | 85.53 | 85.53 | 85.53 | 85.53 | 1.00 | |
10/11/2024 | 85.43 | 85.43 | 85.43 | 85.43 | 1.00 | |
10/10/2024 | 85.08 | 85.08 | 85.08 | 85.08 | 1.00 | |
10/09/2024 | 85.12 | 85.12 | 85.12 | 85.12 | 1.00 | |
10/08/2024 | 85.33 | 85.33 | 85.33 | 85.33 | 1.00 | |
10/07/2024 | 86.13 | 86.13 | 86.13 | 86.13 | 1.00 | |
10/04/2024 | 86.14 | 86.14 | 86.14 | 86.14 | 1.00 | |
10/03/2024 | 85.50 | 85.50 | 85.50 | 85.50 | 1.00 | |
10/02/2024 | 86.24 | 86.24 | 86.24 | 86.24 | 1.00 | |
10/01/2024 | 85.62 | 85.62 | 85.62 | 85.62 | 1.00 | |
09/30/2024 | 85.75 | 85.75 | 85.75 | 85.75 | 1.00 | |
09/27/2024 | 86.10 | 86.10 | 86.10 | 86.10 | 1.00 | |
09/26/2024 | 85.85 | 85.85 | 85.85 | 85.85 | 1.00 | |
09/25/2024 | 84.17 | 84.17 | 84.17 | 84.17 | 1.00 | |
09/24/2024 | 84.24 | 84.24 | 84.24 | 84.24 | 1.00 | |
09/23/2024 | 83.19 | 83.19 | 83.19 | 83.19 | 1.00 | |
09/20/2024 | 83.05 | 83.05 | 83.05 | 83.05 | 1.00 | |
09/19/2024 | 83.15 | 83.15 | 83.15 | 83.15 | 1.00 | |
09/18/2024 | 81.93 | 81.93 | 81.93 | 81.93 | 1.00 | |
09/17/2024 | 82.18 | 82.18 | 82.18 | 82.18 | 1.00 | |
09/16/2024 | 81.93 | 81.93 | 81.93 | 81.93 | 1.00 | |
09/13/2024 | 81.70 | 81.70 | 81.70 | 81.70 | 1.00 | |
09/12/2024 | 81.38 | 81.38 | 81.38 | 81.38 | 1.00 | |
09/11/2024 | 80.63 | 80.63 | 80.63 | 80.63 | 1.00 | |
09/10/2024 | 79.60 | 79.60 | 79.60 | 79.60 | 1.00 | |
09/09/2024 | 79.68 | 79.68 | 79.68 | 79.68 | 1.00 | |
09/06/2024 | 79.30 | 79.30 | 79.30 | 79.30 | 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 | (0.02) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.14) | |||
Treynor Ratio | (0.06) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in New Mutual Fund
New World 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 World security.
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