| CNGFX Fund | | | USD 61.32 0.55 0.89% |
New Economy market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for New Economy Fund or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
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New Economy Fund has current Market Risk Adjusted Performance of
(0.11).
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | (0.11) | |
| ER[a] | = | Expected return on investing in New Economy |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
New Economy Market Risk Adjusted Performance Peers Comparison
New Market Risk Adjusted Performance Relative To Other Indicators
New Economy Fund is rated
below average in market risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
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