New World Fund Price History

RNEBX Fund  USD 74.74  0.61  0.82%   
Below is the normalized historical share price chart for New World Fund extending back to August 29, 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 New World stands at 74.74, as last reported on the 23rd of April, with the highest price reaching 74.74 and the lowest price hitting 74.74 during the day.
 
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If you're considering investing in New Mutual Fund, it is important to understand the factors that can impact its price. We consider New World very steady. New World Fund has Sharpe Ratio of 0.0676, which conveys that the entity had a 0.0676% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for New World, which you can use to evaluate the volatility of the fund. Please verify New World's Downside Deviation of 0.6612, mean deviation of 0.4541, and Risk Adjusted Performance of 0.0597 to check out if the risk estimate we provide is consistent with the expected return of 0.0409%.
  
New Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0676

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Estimated Market Risk

 0.6
  actual daily
5
95% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average New World is performing at about 5% 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 New World by adding it to a well-diversified portfolio.

New World Mutual Fund Price History Chart

There are several ways to analyze New World Fund price data. The simplest method is using a basic New candlestick price chart, which shows New World 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 PriceApril 9, 202477.98
Lowest PriceJanuary 31, 202472.66

New World April 23, 2024 Mutual Fund Price Synopsis

Various analyses of New World'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 World 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 World Price Rate Of Daily Change 1.01 
New World Price Action Indicator 0.30 

New World April 23, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in New World 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 World intraday prices and daily technical indicators to check the level of noise trading in New World 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 World for the period between Wed, Jan 24, 2024 and Tue, Apr 23, 2024 has a statistical range of 5.99 with a coefficient of variation of 2.28. The price distribution for the period has arithmetic mean of 75.54. The median price for the last 90 days is 75.69. The company had dividends distributed to its stock-holders on 12/20/2019.
OpenHighLowCloseVolume
04/23/2024
 74.74  74.74  74.74  74.74 
04/22/2024 74.74  74.74  74.74  74.74  1.00 
04/19/2024 74.13  74.13  74.13  74.13  1.00 
04/18/2024 74.87  74.87  74.87  74.87  1.00 
04/17/2024 74.76  74.76  74.76  74.76  1.00 
04/16/2024 74.92  74.92  74.92  74.92  1.00 
04/15/2024 75.49  75.49  75.49  75.49  1.00 
04/12/2024 76.24  76.24  76.24  76.24  1.00 
04/11/2024 77.73  77.73  77.73  77.73  1.00 
04/10/2024 77.60  77.60  77.60  77.60  1.00 
04/09/2024 77.98  77.98  77.98  77.98  1.00 
04/08/2024 77.82  77.82  77.82  77.82  1.00 
04/05/2024 77.64  77.64  77.64  77.64  1.00 
04/04/2024 77.09  77.09  77.09  77.09  1.00 
04/03/2024 77.61  77.61  77.61  77.61  1.00 
04/02/2024 77.43  77.43  77.43  77.43  1.00 
04/01/2024 77.39  77.39  77.39  77.39  1.00 
03/28/2024 77.35  77.35  77.35  77.35  1.00 
03/27/2024 77.33  77.33  77.33  77.33  1.00 
03/26/2024 77.11  77.11  77.11  77.11  1.00 
03/25/2024 77.17  77.17  77.17  77.17  1.00 
03/22/2024 77.31  77.31  77.31  77.31  1.00 
03/21/2024 77.66  77.66  77.66  77.66  1.00 
03/20/2024 77.52  77.52  77.52  77.52  1.00 
03/19/2024 76.76  76.76  76.76  76.76  1.00 
03/18/2024 76.88  76.88  76.88  76.88  1.00 
03/15/2024 76.76  76.76  76.76  76.76  1.00 
03/14/2024 77.33  77.33  77.33  77.33  1.00 
03/13/2024 77.48  77.48  77.48  77.48  1.00 
03/12/2024 77.47  77.47  77.47  77.47  1.00 
03/11/2024 76.74  76.74  76.74  76.74  1.00 
03/08/2024 76.72  76.72  76.72  76.72  1.00 
03/07/2024 77.04  77.04  77.04  77.04  1.00 
03/06/2024 76.28  76.28  76.28  76.28  1.00 
03/05/2024 75.66  75.66  75.66  75.66  1.00 
03/04/2024 76.37  76.37  76.37  76.37  1.00 
03/01/2024 76.26  76.26  76.26  76.26  1.00 
02/29/2024 75.57  75.57  75.57  75.57  1.00 
02/28/2024 75.49  75.49  75.49  75.49  1.00 
02/27/2024 75.96  75.96  75.96  75.96  1.00 
02/26/2024 75.69  75.69  75.69  75.69  1.00 
02/23/2024 75.84  75.84  75.84  75.84  1.00 
02/22/2024 76.02  76.02  76.02  76.02  1.00 
02/21/2024 75.00  75.00  75.00  75.00  1.00 
02/20/2024 74.92  74.92  74.92  74.92  1.00 
02/16/2024 75.04  75.04  75.04  75.04  1.00 
02/15/2024 74.91  74.91  74.91  74.91  1.00 
02/14/2024 74.39  74.39  74.39  74.39  1.00 
02/13/2024 73.90  73.90  73.90  73.90  1.00 
02/12/2024 74.49  74.49  74.49  74.49  1.00 
02/09/2024 74.56  74.56  74.56  74.56  1.00 
02/08/2024 74.17  74.17  74.17  74.17  1.00 
02/07/2024 74.35  74.35  74.35  74.35  1.00 
02/06/2024 74.08  74.08  74.08  74.08  1.00 
02/05/2024 73.43  73.43  73.43  73.43  1.00 
02/02/2024 73.53  73.53  73.53  73.53  1.00 
02/01/2024 73.50  73.50  73.50  73.50  1.00 
01/31/2024 72.66  72.66  72.66  72.66  1.00 
01/30/2024 73.13  73.13  73.13  73.13  1.00 
01/29/2024 73.54  73.54  73.54  73.54  1.00 
01/26/2024 73.27  73.27  73.27  73.27  1.00 

About New World Mutual Fund history

New World 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 World 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 World stock prices may prove useful in developing a viable investing in New World
The fund invests primarily in common stocks of companies with significant exposure to countries with developing economies andor markets. Under normal market conditions, the fund invests at least 35 percent of its assets in equity and debt securities of issuers primarily based in qualified countries that have developing economies andor markets.

New World Mutual Fund Technical Analysis

New World 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 World technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of New World 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 World Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for New World'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.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in New World Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the New World Fund information on this page should be used as a complementary analysis to other New World's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Please note, there is a significant difference between New World's value and its price as these two are different measures arrived at by different means. Investors typically determine if New World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New World's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.