NewFunds MAPPS (South Africa) Price on January 7, 2025
| STXMAG Etf | 3,501 26.00 0.75% |
If you're considering investing in NewFunds Etf, it is important to understand the factors that can impact its price. As of today, the current price of NewFunds MAPPS stands at 3,501, as last reported on the 27th of March, with the highest price reaching 3,526 and the lowest price hitting 3,443 during the day. At this point, NewFunds MAPPS is very steady. NewFunds MAPPS Growth has Sharpe Ratio of 0.14, which conveys that the entity had a 0.14 % return per unit of risk over the last 3 months. We have found thirty technical indicators for NewFunds MAPPS, which you can use to evaluate the volatility of the etf. Please verify NewFunds MAPPS's Mean Deviation of 0.639, downside deviation of 0.8985, and Risk Adjusted Performance of 0.1136 to check out if the risk estimate we provide is consistent with the expected return of 0.12%.
NewFunds Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
NewFunds |
Sharpe Ratio = 0.1361
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Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average NewFunds MAPPS is performing at about 10% 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 NewFunds MAPPS by adding it to a well-diversified portfolio.
NewFunds MAPPS Valuation on January 7, 2025
It is possible to determine the worth of NewFunds MAPPS on a given historical date. On January 7, 2025 NewFunds was worth 3281.0 at the beginning of the trading date compared to the closed value of 3227.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NewFunds MAPPS etf. Still, in general, we apply an absolute valuation method to find NewFunds MAPPS's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of NewFunds MAPPS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NewFunds MAPPS's related companies.
| Open | High | Low | Close | Volume | |
| 3,229 | 3,264 | 3,229 | 3,264 | 607.00 | |
01/07/2025 | 3,281 | 3,283 | 3,208 | 3,227 | 2,380 |
| 3,194 | 3,195 | 3,194 | 3,195 | 1.00 |
| Backtest NewFunds MAPPS | | | NewFunds MAPPS History | Previous | Next |
NewFunds MAPPS Trading Date Momentum on January 7, 2025
| On January 08 2025 NewFunds MAPPS Growth was traded for 3,195 at the closing time. The highest price during the trading period was 3,195 and the lowest recorded bid was listed for 3,194 . There was no trading activity during the period 1.0. Lack of trading volume on January 8, 2025 contributed to the next trading day price decline. The trading price change to the next closing price was 0.99% . The trading delta at closing time to the current price is 1.49% . |
Price Boundaries
NewFunds MAPPS Period Price Range
Low | March 27, 2025
| High |
0.00 | 0.00 |
NewFunds MAPPS Growth cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
NewFunds MAPPS March 27, 2025 Market Strength
Market strength indicators help investors to evaluate how NewFunds MAPPS etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NewFunds MAPPS shares will generate the highest return on investment. By undertsting and applying NewFunds MAPPS etf market strength indicators, traders can identify NewFunds MAPPS Growth entry and exit signals to maximize returns
NewFunds MAPPS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NewFunds MAPPS's price direction in advance. Along with the technical and fundamental analysis of NewFunds Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of NewFunds 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.