World Growth Fund Price on November 6, 8024
UIWGX Fund | USD 29.89 0.26 0.86% |
If you're considering investing in World Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of World Growth stands at 29.89, as last reported on the 9th of January, with the highest price reaching 29.89 and the lowest price hitting 29.89 during the day. World Growth shows Sharpe Ratio of -0.11, which attests that the fund had a -0.11% return per unit of risk over the last 3 months. World Growth exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out World Growth's Market Risk Adjusted Performance of (0.45), standard deviation of 0.9039, and Mean Deviation of 0.5916 to validate the risk estimate we provide.
World Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
World |
Sharpe Ratio = -0.1061
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Estimated Market Risk
0.9 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average World Growth is not performing at its full potential. However, 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 Growth by adding World Growth 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.
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About World Growth Mutual Fund history
World Growth 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 Growth 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 Growth stock prices may prove useful in developing a viable investing in World Growth
World Growth Mutual Fund Technical Analysis
World Growth 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 Growth Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
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World Growth January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how World Growth 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 Growth shares will generate the highest return on investment. By undertsting and applying World Growth mutual fund market strength indicators, traders can identify World Growth Fund entry and exit signals to maximize returns
World Growth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for World Growth'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 | (0.08) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.13) | |||
Treynor Ratio | (0.46) |
Cycle Indicators | ||
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Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in World Mutual Fund
World Growth 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 Growth security.
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