Top Research Reports for Berkshire Hathaway, Exxon Mobil Novo Nordisk
| CNGFX Fund | USD 68.44 0.66 0.97% |
Slightly above 50% of New Economy's investors are presently thinking to get in. The analysis of overall sentiment of trading New Economy Fund mutual fund suggests that some investors are interested at this time. New Economy's investing sentiment can be driven by a variety of factors including economic data, New Economy's earnings reports, geopolitical events, and overall market trends.
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Todays Research Daily features new research reports on 16 major stocks, including Berkshire Hathaway Inc. , Exxon Mobil Corporation and Novo Nordisk AS , as well as a micro-cap stock, Universal Health Realty Income Trust .
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New Economy Fundamental Analysis
We analyze New Economy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Economy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Economy based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Year To Date Return
Year To Date Return Comparative Analysis
New Economy is currently under evaluation in year to date return among similar funds. Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
New Economy Fund Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with New Economy mutual fund to make a market-neutral strategy. Peer analysis of New Economy could also be used in its relative valuation, which is a method of valuing New Economy by comparing valuation metrics with similar companies.
Peers
New Economy Related Equities
| RNGFX | New Economy | 0.98 | ||||
| RNGGX | New Economy | 0.97 | ||||
| RNGHX | New Economy | 0.96 | ||||
| AMFFX | American Mutual | 0.48 | ||||
| AMFCX | American Mutual | 0.47 | ||||
| AMECX | Income Fund | 0.31 | ||||
| AMEFX | Income Fund | 0.31 | ||||
| RNCCX | American Funds | 0.22 | ||||
| FPPPX | American Funds | 0.21 | ||||
| RNEBX | New World | 0.35 |
Other Information on Investing in New Mutual Fund
New Economy 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 Economy security.
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |