World Growth Fund Price on December 14, 2024
| USWGX Fund | USD 32.51 0.22 0.67% |
Below is the normalized historical share price chart for World Growth Fund extending back to September 17, 2010. 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 Growth stands at 32.51, as last reported on the 14th of December 2024, with the highest price reaching 32.51 and the lowest price hitting 32.51 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 very steady. World Growth shows Sharpe Ratio of 0.1, which attests that the fund had a 0.1% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for World Growth, which you can use to evaluate the volatility of the fund. Please check out World Growth's Downside Deviation of 0.617, market risk adjusted performance of 0.8372, and Mean Deviation of 0.4931 to validate if the risk estimate we provide is consistent with the expected return of 0.0668%.
World Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
World |
Sharpe Ratio = 0.1049
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| Cash | USWGX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average World Growth is performing at about 8% 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 Growth by adding it to a well-diversified portfolio.
World Growth Valuation on December 14, 2024
It is possible to determine the worth of World Growth on a given historical date. On December 14, 2024 World was worth 32.51 at the beginning of the trading date compared to the closed value of 32.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of World Growth mutual fund. Still, in general, we apply an absolute valuation method to find World Growth'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 World Growth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against World Growth's related companies.
| Open | High | Low | Close | Volume | |
| 32.51 | 32.51 | 32.51 | 32.51 | 1.00 | |
12/14/2024 | 32.51 | 32.51 | 32.51 | 32.51 | 0.00 |
| Backtest World Growth | | | World Growth History | | | World Growth Valuation | Previous |
World Growth Trading Date Momentum on December 14, 2024
| On December 14 2024 World Growth Fund was traded for 32.51 at the closing time. The highest daily price throughout the period was 32.51 and the lowest price was 32.51 . There was no trading activity during the period 0.0. Lack of trading volume on 12/14/2024 had no short-term effect on price fluctuation. The trading price change to current closing price is 0.00% . |
World Growth Fundamentals Correlations and Trends
By evaluating World Growth'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 World Growth's 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 Growth Mutual Fund history
World Growth 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 Growth 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 Growth stock prices may prove useful in developing a viable investing in World Growth
The fund invests its assets primarily in equity securities of both foreign and domestic issuers. The equity securities in which the fund principally invests are common stocks, depositary receipts, preferred stocks, securities convertible into common stocks, and securities that carry the right to buy common stocks.
World Growth Mutual Fund Technical Analysis
World Growth 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 Growth Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
World Growth Fund 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 Growth December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how World Growth 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 Growth shares will generate the highest return on investment. By undertsting and applying World Growth mutual fund market strength indicators, traders can identify World Growth Fund entry and exit signals to maximize returns
World Growth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for World Growth's 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 | 0.1065 | |||
| Jensen Alpha | 0.076 | |||
| Total Risk Alpha | 0.0057 | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.8272 |
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| Volume Indicators |
Other Information on Investing in World Mutual Fund
World Growth 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 Growth security.
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