New Economy Fund Analysis
ANFFX Fund | USD 68.91 0.50 0.72% |
New Economy Fund is undervalued with Real Value of 72.78 and Hype Value of 68.91. The main objective of New Economy fund analysis is to determine its intrinsic value, which is an estimate of what New Economy Fund is worth, separate from its market price. There are two main types of New Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of New Economy Fund. On the other hand, technical analysis, focuses on the price and volume data of New Mutual Fund to identify patterns and trends that may indicate its future price movements.
The New Economy mutual fund is traded in the USA on NMFQS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
New |
New Mutual Fund Analysis Notes
The fund generated five year return of 12.0%. New Economy Fund holds about 13.06% of assets under management (AUM) in cash. Large Growth For more info on New Economy Fund please contact the company at 800-421-4225.New Economy Fund Investment Alerts
The fund holds about 13.06% of its assets under management (AUM) in cash |
New Market Capitalization
The company currently falls under '' category with a current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate New Economy's market, we take the total number of its shares issued and multiply it by New Economy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Top New Economy Fund Mutual Fund Constituents
MU | Micron Technology | Stock | |
QRVO | Qorvo Inc | Stock | |
BLUE | Bluebird bio | Stock | |
SWKS | Skyworks Solutions | Stock | |
BABA | Alibaba Group Holding | Stock | |
TMO | Thermo Fisher Scientific | Stock | |
UNH | UnitedHealth Group Incorporated | Stock | |
TCTZF | Tencent Holdings | Pink Sheet | |
NFLX | Netflix | Stock | |
MSFT | Microsoft | Stock | |
MA | Mastercard | Stock | |
GOOG | Alphabet Inc Class C | Stock | |
CDAY | Ceridian HCM Holding | Stock | |
AVGO | Broadcom | Stock | |
AMZN | Amazon Inc | Stock | |
ABBV | AbbVie Inc | Stock | |
AMAT | Applied Materials | Stock |
Technical Drivers
As of the 13th of December 2024, New Economy secures the Downside Deviation of 0.8525, mean deviation of 0.6102, and Risk Adjusted Performance of 0.1234. New Economy Fund technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the fund's future prices.New Economy Fund Price Movement Analysis
java.lang.NullPointerException: Cannot invoke "java.lang.Number.intValue()" because the return value of "sun.invoke.util.ValueConversions.primitiveConversion(sun.invoke.util.Wrapper, Object, boolean)" is null. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. New Economy middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for New Economy Fund. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
New Economy Outstanding Bonds
New Economy issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. New Economy Fund uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most New bonds can be classified according to their maturity, which is the date when New Economy Fund has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Dana 575 percent Corp BondUS235822AB96 | View | |
Volcan Compania Minera Corp BondUSP98047AC08 | View | |
Boeing Co 2196 Corp BondUS097023DG73 | View | |
HSBC Holdings PLC Corp BondUS404280DR76 | View | |
MPLX LP 4875 Corp BondUS55336VAG59 | View | |
MPLX LP 4125 Corp BondUS55336VAK61 | View | |
MPLX LP 52 Corp BondUS55336VAL45 | View | |
Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
New Economy Predictive Daily Indicators
New Economy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of New Economy mutual fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Daily Balance Of Power | (9,223,372,036,855) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 68.91 | |||
Day Typical Price | 68.91 | |||
Price Action Indicator | (0.25) | |||
Period Momentum Indicator | (0.50) |
New Economy Forecast Models
New Economy's time-series forecasting models are one of many New Economy's mutual fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary New Economy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About New Mutual Fund Analysis
Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how New Economy prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling New shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as New Economy. By using and applying New Mutual Fund analysis, traders can create a robust methodology for identifying New entry and exit points for their positions.
The fund invests primarily in common stocks that the investment adviser believes have the potential for growth. It invests in securities of companies that can benefit from innovation, exploit new technologies or provide products and services that meet the demands of an evolving global economy. The fund may invest up to 50 percent of its assets outside the United States, including in developing countries.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our mutual fund analysis tools, you can find out how much better you can do when adding New Economy to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Pattern Recognition Now
Pattern RecognitionUse different Pattern Recognition models to time the market across multiple global exchanges |
All Next | Launch Module |
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.
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |