Needham Growth Financials
| NEEGX Fund | USD 63.67 0.44 0.70% |
NEEDHAM |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Needham Growth Fund Summary
Needham Growth competes with Needham Aggressive, Needham Small, Aggressive Investors, Meridian Contrarian, and Thompson Largecap. The fund normally invests at least 65 percent of its total assets in the equity securities of domestic issuers listed on a nationally recognized securities exchange. It may, but is not required to, invest in the securities of companies of any market capitalization and from a variety of industries included in the technology, healthcare, energy and industrials, specialty retailing, medialeisurecableentertainment and business and consumer services sectors.Specialization | Mid-Cap Growth, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US63983V1008 |
| Business Address | Needham Funds |
| Mutual Fund Family | Needham |
| Mutual Fund Category | Mid-Cap Growth |
| Benchmark | Dow Jones Industrial |
| Phone | 800 625 7071 |
| Currency | USD - US Dollar |
NEEDHAM Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Needham Growth's current stock value. Our valuation model uses many indicators to compare Needham Growth value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Needham Growth competition to find correlations between indicators driving Needham Growth's intrinsic value. More Info.Needham Growth Fund is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about 0.84 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Needham Growth Fund is roughly 1.19 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Needham Growth's earnings, one of the primary drivers of an investment's value.Needham Growth Systematic Risk
Needham Growth's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Needham Growth volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Needham Growth correlated with the market. If Beta is less than 0 Needham Growth generally moves in the opposite direction as compared to the market. If Needham Growth Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Needham Growth is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Needham Growth is generally in the same direction as the market. If Beta > 1 Needham Growth moves generally in the same direction as, but more than the movement of the benchmark.
Needham Growth December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Needham Growth help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Needham Growth Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Needham Growth Fund based on widely used predictive technical indicators. In general, we focus on analyzing NEEDHAM Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Needham Growth's daily price indicators and compare them against related drivers.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 8.1 | |||
| Value At Risk | (2.62) | |||
| Potential Upside | 1.89 |
Other Information on Investing in NEEDHAM Mutual Fund
Needham Growth financial ratios help investors to determine whether NEEDHAM 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 NEEDHAM with respect to the benefits of owning Needham Growth security.
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