New World Financials
| RNWHX Fund | USD 80.04 0.71 0.89% |
New |
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 Sa Real, Dfa Real, Nexpoint Real, and Amg Managers. The fund invests primarily in common stocks of companies with significant exposure to countries with developing economies andor markets. New World is traded on NASDAQ Exchange in the United States.| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | New World Fund |
| Mutual Fund Family | American Funds |
| Mutual Fund Category | Diversified Emerging Mkts |
| Benchmark | Dow Jones Industrial |
| Phone | 800 421 4225 |
| Currency | USD - US Dollar |
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 rated top fund in annual yield among similar funds. It also is rated top fund in year to date return among similar funds creating about 309.31 of Year To Date Return per Annual Yield. 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 twenty with a total number of output elements of fourty-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 March 20, 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.
| Downside Deviation | 0.8664 | |||
| Information Ratio | 0.1703 | |||
| Maximum Drawdown | 5.22 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 1.24 |
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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