New World Financials

NEWCX Fund  USD 75.15  0.27  0.36%   
Financial data analysis helps to check out if markets are presently mispricing New World Fund. We were able to break down seventeen available fundamentals for New World, which can be compared to its peers in the industry. The fund experiences a normal downward trend and little activity. Check odds of New World to be traded at $74.4 in 90 days.
  
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.

New World Fund Summary

New World competes with Income Fund, American Funds, New World, American Mutual, and American Funds. The fund invests primarily in common stocks of companies with significant exposure to countries with developing economies andor markets. American Funds is traded on NASDAQ Exchange in the United States.
Specialization
Diversified Emerging Mkts, Large Growth
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
ISINUS6492803027
Business AddressNew World Fund
Mutual Fund FamilyAmerican Funds
Mutual Fund CategoryDiversified Emerging Mkts
BenchmarkDow Jones Industrial
Phone800 421 4225
CurrencyUSD - US Dollar

New World Key Financial Ratios

NEW Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining New World's current stock value. Our valuation model uses many indicators to compare New World value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across New World competition to find correlations between indicators driving New World's intrinsic value. More Info.
New World Fund is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about  0.11  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for New World Fund is roughly  8.81 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the New World's earnings, one of the primary drivers of an investment's value.

New World Fund Systematic Risk

New World's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. New World volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on New World Fund correlated with the market. If Beta is less than 0 New World generally moves in the opposite direction as compared to the market. If New World Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one New World Fund is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of New World is generally in the same direction as the market. If Beta > 1 New World moves generally in the same direction as, but more than the movement of the benchmark.
New World Fund is number one fund in net asset among similar funds. Total Asset Under Management (AUM) of Diversified Emerging Mkts category is currently estimated at about 446.81 Billion. New World retains roughly 51.71 Billion in net asset claiming about 12% of all funds under Diversified Emerging Mkts category.

New World March 2, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of New World help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of New World Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of New World Fund based on widely used predictive technical indicators. In general, we focus on analyzing NEW Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build New World's daily price indicators and compare them against related drivers.

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.
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Share Portfolio
Track or share privately all of your investments from the convenience of any device