New Germany Closed Fund Price on January 12, 2024
| GF Fund | USD 8.13 0.07 0.87% |
Below is the normalized historical share price chart for New Germany Closed extending back to January 25, 1990. 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 Germany stands at 8.13, as last reported on the 29th of November, with the highest price reaching 8.14 and the lowest price hitting 8.07 during the day.
If you're considering investing in New Fund, it is important to understand the factors that can impact its price. New Germany Closed has Sharpe Ratio of -0.0794, which conveys that the entity had a -0.0794% return per unit of risk over the last 3 months. New Germany exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify New Germany's Risk Adjusted Performance of (0.07), standard deviation of 0.9713, and Mean Deviation of 0.6873 to check out the risk estimate we provide.
New Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
New |
Sharpe Ratio = -0.0794
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| Negative Returns | GF |
Estimated Market Risk
| 0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average New Germany 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 Germany by adding New Germany to a well-diversified portfolio.
Market Capitalization 170.7 M |
New Germany Valuation on January 12, 2024
It is possible to determine the worth of New Germany on a given historical date. On January 12, 2024 New was worth 8.45 at the beginning of the trading date compared to the closed value of 8.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of New Germany fund. Still, in general, we apply an absolute valuation method to find New Germany's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of New Germany where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against New Germany's related companies.
| Open | High | Low | Close | Volume | |
| 8.47 | 8.47 | 8.36 | 8.43 | 21,791 | |
01/12/2024 | 8.45 | 8.48 | 8.43 | 8.48 | 31,606 |
| 8.36 | 8.46 | 8.36 | 8.38 | 36,758 |
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New Germany Trading Date Momentum on January 12, 2024
| On January 16 2024 New Germany Closed was traded for 8.38 at the closing time. The highest price during the trading period was 8.46 and the lowest recorded bid was listed for 8.36 . The volume for the day was 36.8 K. This history from January 16, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.18% . The trading delta at closing time to the current price is 2.12% . |
New Germany Closed Fundamentals Correlations and Trends
By evaluating New Germany's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among New Germany's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. New financial account trend analysis is a perfect complement when working with valuation or volatility modules.About New Germany Fund history
New Germany 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 Germany Closed 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 Germany stock prices may prove useful in developing a viable investing in New Germany
The New Germany Fund Inc. is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc. The fund is managed by Deutsche Asset Management International GmbH. It invests in the public equity markets of Germany. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in stocks of small and mid cap companies. The fund benchmarks the performance of its portfolio against the Midcap Market Performance Index. The New Germany Fund Inc. was formed on January 16, 1990 and is domiciled in Germany.
New Germany Fund Technical Analysis
New Germany technical 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
New Germany Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
New Germany Closed cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
New Germany November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how New Germany fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading New Germany shares will generate the highest return on investment. By undertsting and applying New Germany fund market strength indicators, traders can identify New Germany Closed entry and exit signals to maximize returns
New Germany Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for New Germany's price direction in advance. Along with the technical and fundamental analysis of New 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.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 13.22 |
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Other Information on Investing in New Fund
New Germany financial ratios help investors to determine whether New 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 Germany security.
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |