World Energy Fund Price on September 4, 4024
| AIWEX Fund | USD 14.79 0.10 0.67% |
Below is the normalized historical share price chart for World Energy Fund extending back to February 03, 2014. 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 World Energy stands at 14.79, as last reported on the 14th of December 2024, with the highest price reaching 14.79 and the lowest price hitting 14.79 during the day.
If you're considering investing in World Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider World Mutual Fund to be very steady. World Energy shows Sharpe Ratio of 0.17, which attests that the fund had a 0.17% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for World Energy, which you can use to evaluate the volatility of the fund. Please check out World Energy's Downside Deviation of 1.0, market risk adjusted performance of 0.2505, and Mean Deviation of 0.8625 to validate if the risk estimate we provide is consistent with the expected return of 0.19%.
World Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
World |
Sharpe Ratio = 0.1664
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Estimated Market Risk
| 1.14 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average World Energy is performing at about 13% 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 World Energy by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About World Energy Mutual Fund history
World Energy 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 World is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in World Energy 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 World Energy stock prices may prove useful in developing a viable investing in World Energy
The fund invests at least 80 percent of its net assets in a wide range of energy-related financial instruments issued in the U.S. and markets around the world. Investments typically include a combination of common stock, bonds, exchange traded funds and exchange traded notes but may also include other asset types that are related to energy industry activities. It will invest at least 40, but may invest up to 100, of its net assets in the securities of issuers organized or having their principal place of business outside the U.S. or doing a substantial amount of business outside the U.S.
World Energy Mutual Fund Technical Analysis
World Energy 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
World Energy Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
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World Energy December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how World Energy 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 World Energy shares will generate the highest return on investment. By undertsting and applying World Energy mutual fund market strength indicators, traders can identify World Energy Fund entry and exit signals to maximize returns
World Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for World Energy's price direction in advance. Along with the technical and fundamental analysis of World Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of World 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 | 0.139 | |||
| Jensen Alpha | 0.1259 | |||
| Total Risk Alpha | 0.0606 | |||
| Sortino Ratio | 0.1108 | |||
| Treynor Ratio | 0.2405 |
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| Volume Indicators |
Other Information on Investing in World Mutual Fund
World Energy financial ratios help investors to determine whether World 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 World with respect to the benefits of owning World Energy security.
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