World Precious Minerals Fund Price on November 27, 2024
| UNWPX Fund | USD 1.52 0.01 0.66% |
Below is the normalized historical share price chart for World Precious Minerals extending back to May 15, 1986. 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 World Precious stands at 1.52, as last reported on the 30th of November, with the highest price reaching 1.52 and the lowest price hitting 1.52 during the day.
If you're considering investing in World Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider World Mutual Fund to be unstable. World Precious Minerals shows Sharpe Ratio of 0.027, which attests that the fund had a 0.027% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for World Precious Minerals, which you can use to evaluate the volatility of the fund. Please check out World Precious' Market Risk Adjusted Performance of (0.01), downside deviation of 1.71, and Mean Deviation of 1.32 to validate if the risk estimate we provide is consistent with the expected return of 0.0445%.
World Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
World |
Sharpe Ratio = 0.027
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| Negative Returns | UNWPX |
Estimated Market Risk
| 1.65 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 | 2 98% of assets perform better |
Based on monthly moving average World Precious is performing at about 2% 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 World Precious by adding it to a well-diversified portfolio.
World Precious Valuation on November 27, 2024
It is possible to determine the worth of World Precious on a given historical date. On November 27, 2024 World was worth 1.51 at the beginning of the trading date compared to the closed value of 1.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of World Precious mutual fund. Still, in general, we apply an absolute valuation method to find World Precious' 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 World Precious where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against World Precious' related companies.
| Open | High | Low | Close | Volume | |
| 1.49 | 1.49 | 1.49 | 1.49 | 1.00 | |
11/27/2024 | 1.51 | 1.51 | 1.51 | 1.51 | 1.00 |
| 1.52 | 1.52 | 1.52 | 1.52 | 1.00 |
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World Precious Trading Date Momentum on November 27, 2024
| On November 29 2024 World Precious Minerals was traded for 1.52 at the closing time. The highest daily price throughout the period was 1.52 and the lowest price was 1.52 . There was no trading activity during the period 1.0. Lack of trading volume on 11/29/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.66% . The trading price change to current closing price is 0.66% . |
World Precious Minerals Fundamentals Correlations and Trends
By evaluating World Precious' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among World Precious' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. World financial account trend analysis is a perfect complement when working with valuation or volatility modules.About World Precious Mutual Fund history
World Precious 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 World is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in World Precious Minerals 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 World Precious stock prices may prove useful in developing a viable investing in World Precious
Under normal market conditions, the fund will invest at least 80 percent of its net assets in equity and equity-related securities of companies principally engaged in the exploration for, or mining and processing of, precious stones and minerals, including but not limited to, gold, silver, platinum group, palladium, rare earth minerals, and diamonds. The fund also may purchase call and put options, and enter into covered option writing transactions. In addition, the fund may invest up to 15 percent of its net assets in illiquid securities. It is non-diversified.
World Precious Mutual Fund Technical Analysis
World Precious 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.
Price Boundaries
World Precious Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
World Precious Minerals cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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.
World Precious November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how World Precious mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading World Precious shares will generate the highest return on investment. By undertsting and applying World Precious mutual fund market strength indicators, traders can identify World Precious Minerals entry and exit signals to maximize returns
World Precious Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for World Precious' price direction in advance. Along with the technical and fundamental analysis of World Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of World 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 | 0.0074 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | (0.02) |
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Other Information on Investing in World Mutual Fund
World Precious financial ratios help investors to determine whether World 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 World with respect to the benefits of owning World Precious security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |