New Perspective Fund Technical Analysis

RNPCX Fund  USD 58.67  0.12  0.20%   
As of the 29th of March, New Perspective secures the Mean Deviation of 0.537, downside deviation of 0.6211, and Risk Adjusted Performance of 0.1087. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of New Perspective Fund, as well as the relationship between them. Strictly speaking, you can use this information to find out if the fund will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down nineteen technical drivers for New Perspective, which can be compared to its peers in the industry. Please verify New Perspective Fund standard deviation, as well as the relationship between the value at risk and kurtosis to decide if New Perspective Fund is priced some-what accurately, providing market reflects its recent price of 58.67 per share.

New Perspective Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as New, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to New
  
New Perspective's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
New Perspective 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 Perspective technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of New Perspective 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...

New Perspective Fund Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of New Perspective Fund volatility. High ATR values indicate high volatility, and low values indicate low volatility.

New Perspective Fund Trend Analysis

Use this graph to draw trend lines for New Perspective Fund. You can use it to identify possible trend reversals for New Perspective as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual New Perspective price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

New Perspective Best Fit Change Line

The following chart estimates an ordinary least squares regression model for New Perspective Fund applied against its price change over selected period. The best fit line has a slop of   0.11  , which means New Perspective Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 421.28, which is the sum of squared deviations for the predicted New Perspective price change compared to its average price change.

About New Perspective Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of New Perspective Fund on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of New Perspective Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on New Perspective Fund price pattern first instead of the macroeconomic environment surrounding New Perspective Fund. By analyzing New Perspective's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of New Perspective's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to New Perspective specific price patterns or momentum indicators. Please read more on our technical analysis page.

New Perspective March 29, 2024 Technical Indicators

Most technical analysis of New help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for New from various momentum indicators to cycle indicators. When you analyze New charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

New Perspective Fund One Year Return

Based on the recorded statements, New Perspective Fund has an One Year Return of 26.4934%. This is much higher than that of the American Funds family and significantly higher than that of the World Large-Stock Growth category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in New Perspective 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 main economic indicators.
Note that the New Perspective Fund information on this page should be used as a complementary analysis to other New Perspective'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 Stocks Directory module to find actively traded stocks across global markets.

Complementary Tools for New Mutual Fund analysis

When running New Perspective's price analysis, check to measure New Perspective's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Perspective is operating at the current time. Most of New Perspective's value examination focuses on studying past and present price action to predict the probability of New Perspective's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Perspective's price. Additionally, you may evaluate how the addition of New Perspective to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between New Perspective's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Perspective is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Perspective'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.