New Enant Income Fund Technical Analysis
| NCICX Fund | USD 21.51 0.01 0.05% |
As of the 10th of February, New Covenant secures the Coefficient Of Variation of 812.29, mean deviation of 0.1081, and Risk Adjusted Performance of 0.0484. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of New Enant Income, as well as the relationship between them.
New Covenant 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 NewNew |
New Covenant '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 Covenant'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 Covenant.
| 11/12/2025 |
| 02/10/2026 |
If you would invest 0.00 in New Covenant on November 12, 2025 and sell it all today you would earn a total of 0.00 from holding New Enant Income or generate 0.0% return on investment in New Covenant over 90 days. New Covenant is related to or competes with Putnam Premier, BlackRock Floating, GAMCO Natural, Doubleline Infrastructure, Western Asset, BlackRock California, and Palmer Square. Under normal market conditions, at least 80 percent of the funds net assets will be invested in a diversified portfolio ... More
New Covenant 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 Covenant'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 Enant Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1271 | |||
| Information Ratio | (0.62) | |||
| Maximum Drawdown | 0.4693 | |||
| Value At Risk | (0.19) | |||
| Potential Upside | 0.2351 |
New Covenant Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Covenant's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as New Covenant's standard deviation. In reality, there are many statistical measures that can use New Covenant historical prices to predict the future New Covenant's volatility.| Risk Adjusted Performance | 0.0484 | |||
| Jensen Alpha | 0.0051 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.64) | |||
| Treynor Ratio | 0.4309 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of New Covenant's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
New Covenant February 10, 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 | 0.0484 | |||
| Market Risk Adjusted Performance | 0.4409 | |||
| Mean Deviation | 0.1081 | |||
| Downside Deviation | 0.1271 | |||
| Coefficient Of Variation | 812.29 | |||
| Standard Deviation | 0.133 | |||
| Variance | 0.0177 | |||
| Information Ratio | (0.62) | |||
| Jensen Alpha | 0.0051 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.64) | |||
| Treynor Ratio | 0.4309 | |||
| Maximum Drawdown | 0.4693 | |||
| Value At Risk | (0.19) | |||
| Potential Upside | 0.2351 | |||
| Downside Variance | 0.0162 | |||
| Semi Variance | (0) | |||
| Expected Short fall | (0.13) | |||
| Skewness | 0.3154 | |||
| Kurtosis | (0.39) |
New Enant Income Backtested Returns
At this stage we consider New Mutual Fund to be very steady. New Enant Income has Sharpe Ratio of 0.12, which conveys that the entity had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for New Covenant, which you can use to evaluate the volatility of the fund. Please verify New Covenant's Mean Deviation of 0.1081, coefficient of variation of 812.29, and Risk Adjusted Performance of 0.0484 to check out if the risk estimate we provide is consistent with the expected return of 0.0157%. The fund secures a Beta (Market Risk) of 0.0148, which conveys not very significant fluctuations relative to the market. As returns on the market increase, New Covenant's returns are expected to increase less than the market. However, during the bear market, the loss of holding New Covenant is expected to be smaller as well.
Auto-correlation | 0.19 |
Very weak predictability
New Enant Income has very weak predictability. Overlapping area represents the amount of predictability between New Covenant time series from 12th of November 2025 to 27th of December 2025 and 27th of December 2025 to 10th 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 Enant Income price movement. The serial correlation of 0.19 indicates that over 19.0% of current New Covenant price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
New Covenant 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.
New Enant Income Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Normalized Average True Range is used to analyze tradable apportunities for New Enant Income across different markets.
About New Covenant 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 Enant Income 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 Enant Income based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on New Enant Income price pattern first instead of the macroeconomic environment surrounding New Enant Income. By analyzing New Covenant'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 Covenant'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 Covenant specific price patterns or momentum indicators. Please read more on our technical analysis page.
New Covenant February 10, 2026 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0484 | |||
| Market Risk Adjusted Performance | 0.4409 | |||
| Mean Deviation | 0.1081 | |||
| Downside Deviation | 0.1271 | |||
| Coefficient Of Variation | 812.29 | |||
| Standard Deviation | 0.133 | |||
| Variance | 0.0177 | |||
| Information Ratio | (0.62) | |||
| Jensen Alpha | 0.0051 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.64) | |||
| Treynor Ratio | 0.4309 | |||
| Maximum Drawdown | 0.4693 | |||
| Value At Risk | (0.19) | |||
| Potential Upside | 0.2351 | |||
| Downside Variance | 0.0162 | |||
| Semi Variance | (0) | |||
| Expected Short fall | (0.13) | |||
| Skewness | 0.3154 | |||
| Kurtosis | (0.39) |
New Covenant February 10, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as New stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | Huge | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 21.51 | ||
| Day Typical Price | 21.51 | ||
| Price Action Indicator | 0.01 |
Other Information on Investing in New Mutual Fund
New Covenant 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 Covenant security.
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