New World Fund Market Value
| NEWFX Fund | USD 99.77 0.17 0.17% |
| Symbol | New |
New World 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to New World's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of New World.
| 11/17/2025 |
| 02/15/2026 |
If you would invest 0.00 in New World on November 17, 2025 and sell it all today you would earn a total of 0.00 from holding New World Fund or generate 0.0% return on investment in New World over 90 days. New World is related to or competes with Income Fund, American Mutual, American Mutual, Capital Group, American High, Tax Exempt, and Tax Exempt. The fund invests primarily in common stocks of companies with significant exposure to developing countries More
New World Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure New World's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess New World Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7624 | |||
| Information Ratio | 0.1151 | |||
| Maximum Drawdown | 7.52 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 1.6 |
New World Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for New World's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as New World's standard deviation. In reality, there are many statistical measures that can use New World historical prices to predict the future New World's volatility.| Risk Adjusted Performance | 0.1489 | |||
| Jensen Alpha | 0.1419 | |||
| Total Risk Alpha | 0.1029 | |||
| Sortino Ratio | 0.1589 | |||
| Treynor Ratio | 0.2771 |
New World February 15, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1489 | |||
| Market Risk Adjusted Performance | 0.2871 | |||
| Mean Deviation | 0.668 | |||
| Semi Deviation | 0.4574 | |||
| Downside Deviation | 0.7624 | |||
| Coefficient Of Variation | 550.58 | |||
| Standard Deviation | 1.05 | |||
| Variance | 1.11 | |||
| Information Ratio | 0.1151 | |||
| Jensen Alpha | 0.1419 | |||
| Total Risk Alpha | 0.1029 | |||
| Sortino Ratio | 0.1589 | |||
| Treynor Ratio | 0.2771 | |||
| Maximum Drawdown | 7.52 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 1.6 | |||
| Downside Variance | 0.5813 | |||
| Semi Variance | 0.2092 | |||
| Expected Short fall | (0.73) | |||
| Skewness | 2.65 | |||
| Kurtosis | 13.94 |
New World Fund Backtested Returns
New World appears to be very steady, given 3 months investment horizon. New World Fund has Sharpe Ratio of 0.22, which conveys that the entity had a 0.22 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for New World, which you can use to evaluate the volatility of the fund. Please exercise New World's Risk Adjusted Performance of 0.1489, mean deviation of 0.668, and Downside Deviation of 0.7624 to check out if our risk estimates are consistent with your expectations. The fund secures a Beta (Market Risk) of 0.65, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, New World's returns are expected to increase less than the market. However, during the bear market, the loss of holding New World is expected to be smaller as well.
Auto-correlation | 0.66 |
Good predictability
New World Fund has good predictability. Overlapping area represents the amount of predictability between New World time series from 17th of November 2025 to 1st of January 2026 and 1st of January 2026 to 15th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of New World Fund price movement. The serial correlation of 0.66 indicates that around 66.0% of current New World price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 2.58 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in New Mutual Fund
New World financial ratios help investors to determine whether New 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 New with respect to the benefits of owning New World security.
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