New Economy Financial Statements From 2010 to 2025
| ANFFX Fund | USD 60.07 0.53 0.89% |
Check New Economy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Economy's main balance sheet or income statement drivers, such as , as well as many indicators such as . New financial statements analysis is a perfect complement when working with New Economy Valuation or Volatility modules.
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New Economy Fund Mutual Fund One Year Return Analysis
New Economy's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current New Economy One Year Return | 10.05 % |
Most of New Economy's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, New Economy Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, New Economy Fund has an One Year Return of 10.0498%. This is much higher than that of the American Funds family and significantly higher than that of the World Large-Stock Growth category. The one year return for all United States funds is notably lower than that of the firm.
New Economy Fund Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining New Economy's current stock value. Our valuation model uses many indicators to compare New Economy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across New Economy competition to find correlations between indicators driving New Economy's intrinsic value. More Info.New Economy Fund is the top fund in price to earning among similar funds. It also is the top fund in price to book among similar funds fabricating about 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for New Economy Fund is roughly 8.46 . 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 New Economy's earnings, one of the primary drivers of an investment's value.About New Economy Financial Statements
New Economy investors use historical fundamental indicators, such as New Economy's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in New Economy. Please read more on our technical analysis and fundamental analysis pages.
The fund invests primarily in common stocks that the investment adviser believes have the potential for growth. American Funds is traded on NASDAQ Exchange in the United States.
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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 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.
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