New Alternatives Financials
| NALFX Fund | USD 65.13 0.37 0.56% |
New |
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.
New Alternatives Fund Summary
New Alternatives competes with Guinness Atkinson, Calvert Global, Portfolio, Green Century, and Firsthand Alternative. The fund seeks to achieve its investment objective by investing in equity securities. New Alternatives is traded on NASDAQ Exchange in the United States.Specialization | World Small/Mid Stock, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US6418681044 |
| Business Address | New Alternatives |
| Mutual Fund Family | New Alternatives |
| Mutual Fund Category | World Small/Mid Stock |
| Benchmark | Dow Jones Industrial |
| Phone | 800 423 8383 |
| Currency | USD - US Dollar |
New Alternatives Key Financial Ratios
New Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining New Alternatives's current stock value. Our valuation model uses many indicators to compare New Alternatives value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across New Alternatives competition to find correlations between indicators driving New Alternatives's intrinsic value. More Info.New Alternatives 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 0.07 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for New Alternatives Fund is roughly 13.83 . 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 Alternatives' earnings, one of the primary drivers of an investment's value.New Alternatives Systematic Risk
New Alternatives' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. New Alternatives 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on New Alternatives correlated with the market. If Beta is less than 0 New Alternatives generally moves in the opposite direction as compared to the market. If New Alternatives Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one New Alternatives is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of New Alternatives is generally in the same direction as the market. If Beta > 1 New Alternatives moves generally in the same direction as, but more than the movement of the benchmark.
New Alternatives Thematic Clasifications
New Alternatives Fund is part of Alternative Energy investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Companies, funds and ETFs that are involved in development and popularizing of alternative energy. Large and mid-size companies, ETFs and funds that are either investing or directly involved in providing energy derived from sources not connected to fossil fuels, do not consume natural resources, and do not harm the environment. This includes wind power, nuclear and solar energy, biofuel, ethanol, hydrogen and others alternative sources of energy
This theme covers Companies, funds and ETFs that are involved in development and popularizing of alternative energy. Large and mid-size companies, ETFs and funds that are either investing or directly involved in providing energy derived from sources not connected to fossil fuels, do not consume natural resources, and do not harm the environment. This includes wind power, nuclear and solar energy, biofuel, ethanol, hydrogen and others alternative sources of energy. Get More Thematic Ideas
New Alternatives Fund is number one fund in net asset among similar funds. Total Asset Under Management (AUM) of World Small/Mid Stock category is currently estimated at about 1.9 Billion. New Alternatives totals roughly 380.68 Million in net asset claiming about 20% of World Small/Mid Stock category.| Alternative Energy | View |
New Alternatives March 24, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of New Alternatives help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of New Alternatives Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of New Alternatives Fund based on widely used predictive technical indicators. In general, we focus on analyzing New Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build New Alternatives's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.05 | |||
| Information Ratio | 0.1746 | |||
| Maximum Drawdown | 3.99 | |||
| Value At Risk | (1.78) | |||
| Potential Upside | 1.54 |
Other Information on Investing in New Mutual Fund
New Alternatives 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 Alternatives security.
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