New Economy Fund Price History

RNGBX Fund  USD 55.83  0.09  0.16%   
If you're considering investing in New Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of New Economy stands at 55.83, as last reported on the 18th of February 2025, with the highest price reaching 55.83 and the lowest price hitting 55.83 during the day. New Economy Fund has Sharpe Ratio of -0.0265, which conveys that the entity had a -0.0265 % return per unit of risk over the last 3 months. New Economy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify New Economy's Risk Adjusted Performance of (0.01), standard deviation of 1.66, and Mean Deviation of 0.947 to check out the risk estimate we provide.
  
New Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0265

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Estimated Market Risk

 1.67
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average New Economy 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 New Economy by adding New Economy to a well-diversified portfolio.

New Economy Mutual Fund Price History Chart

There are several ways to analyze New Economy Fund price data. The simplest method is using a basic New candlestick price chart, which shows New Economy price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceDecember 16, 202461.21
Lowest PriceDecember 31, 202452.55

New Economy February 18, 2025 Mutual Fund Price Synopsis

Various analyses of New Economy's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell New Mutual Fund. It can be used to describe the percentage change in the price of New Economy from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of New Mutual Fund.
New Economy Price Rate Of Daily Change 1.00 
New Economy Price Action Indicator(0.05)

New Economy February 18, 2025 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in New Economy Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use New Economy intraday prices and daily technical indicators to check the level of noise trading in New Economy Fund and then apply it to test your longer-term investment strategies against New.

New Mutual Fund Price History Data

The price series of New Economy for the period between Wed, Nov 20, 2024 and Tue, Feb 18, 2025 has a statistical range of 8.66 with a coefficient of variation of 4.62. The price distribution for the period has arithmetic mean of 55.95. The median price for the last 90 days is 55.42. The company had dividends distributed to its stock-holders on 12/18/2019.
OpenHighLowCloseVolume
02/18/2025
 55.83  55.83  55.83  55.83 
02/14/2025 55.83  55.83  55.83  55.83  1.00 
02/13/2025 55.92  55.92  55.92  55.92  1.00 
02/12/2025 55.42  55.42  55.42  55.42  1.00 
02/11/2025 55.57  55.57  55.57  55.57  1.00 
02/10/2025 55.74  55.74  55.74  55.74  1.00 
02/07/2025 55.29  55.29  55.29  55.29  1.00 
02/06/2025 55.85  55.85  55.85  55.85  1.00 
02/05/2025 55.63  55.63  55.63  55.63  1.00 
02/04/2025 55.16  55.16  55.16  55.16  1.00 
02/03/2025 54.74  54.74  54.74  54.74  1.00 
01/31/2025 55.18  55.18  55.18  55.18  1.00 
01/30/2025 55.40  55.40  55.40  55.40  1.00 
01/29/2025 54.84  54.84  54.84  54.84  1.00 
01/28/2025 55.09  55.09  55.09  55.09  1.00 
01/27/2025 54.39  54.39  54.39  54.39  1.00 
01/24/2025 56.00  56.00  56.00  56.00  1.00 
01/23/2025 55.79  55.79  55.79  55.79  1.00 
01/22/2025 55.55  55.55  55.55  55.55  1.00 
01/21/2025 55.11  55.11  55.11  55.11  1.00 
01/17/2025 54.24  54.24  54.24  54.24  1.00 
01/16/2025 53.76  53.76  53.76  53.76  1.00 
01/15/2025 53.59  53.59  53.59  53.59  1.00 
01/14/2025 52.64  52.64  52.64  52.64  1.00 
01/13/2025 52.73  52.73  52.73  52.73  1.00 
01/10/2025 52.83  52.83  52.83  52.83  1.00 
01/08/2025 53.43  53.43  53.43  53.43  1.00 
01/07/2025 53.41  53.41  53.41  53.41  1.00 
01/06/2025 54.05  54.05  54.05  54.05  1.00 
01/03/2025 53.46  53.46  53.46  53.46  1.00 
01/02/2025 52.70  52.70  52.70  52.70  1.00 
12/31/2024 52.55  52.55  52.55  52.55  1.00 
12/30/2024 52.94  52.94  52.94  52.94  1.00 
12/27/2024 53.49  53.49  53.49  53.49  1.00 
12/26/2024 53.98  53.98  53.98  53.98  1.00 
12/24/2024 53.97  53.97  53.97  53.97  1.00 
12/23/2024 53.52  53.52  53.52  53.52  1.00 
12/20/2024 53.05  53.05  53.05  53.05  1.00 
12/19/2024 52.67  52.67  52.67  52.67  1.00 
12/18/2024 53.03  53.03  53.03  53.03  1.00 
12/17/2024 54.94  54.94  54.94  54.94  1.00 
12/16/2024 61.21  61.21  61.21  61.21  1.00 
12/13/2024 60.46  60.46  60.46  60.46  1.00 
12/12/2024 59.89  59.89  59.89  59.89  1.00 
12/11/2024 60.32  60.32  60.32  60.32  1.00 
12/10/2024 59.50  59.50  59.50  59.50  1.00 
12/09/2024 59.91  59.91  59.91  59.91  1.00 
12/06/2024 60.29  60.29  60.29  60.29  1.00 
12/05/2024 59.90  59.90  59.90  59.90  1.00 
12/04/2024 60.24  60.24  60.24  60.24  1.00 
12/03/2024 59.44  59.44  59.44  59.44  1.00 
12/02/2024 59.31  59.31  59.31  59.31  1.00 
11/29/2024 58.94  58.94  58.94  58.94  1.00 
11/27/2024 58.67  58.67  58.67  58.67  1.00 
11/26/2024 59.10  59.10  59.10  59.10  1.00 
11/25/2024 58.88  58.88  58.88  58.88  1.00 
11/22/2024 58.39  58.39  58.39  58.39  1.00 
11/21/2024 58.06  58.06  58.06  58.06  1.00 
11/20/2024 57.80  57.80  57.80  57.80  1.00 
11/19/2024 57.66  57.66  57.66  57.66  1.00 
11/18/2024 57.46  57.46  57.46  57.46  1.00 

About New Economy Mutual Fund history

New Economy 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 New is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in New Economy Fund 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 New Economy stock prices may prove useful in developing a viable investing in New Economy

New Economy Mutual Fund Technical Analysis

New Economy 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.
A focus of New Economy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of New Economy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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New Economy Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for New Economy's price direction in advance. Along with the technical and fundamental analysis of New Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of New 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.

Other Information on Investing in New Mutual Fund

New Economy 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 Economy security.
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