Needham Growth Fund Fundamentals
| NEEIX Fund | USD 64.71 0.52 0.81% |
Needham Growth fundamentals help investors to digest information that contributes to Needham Growth's financial success or failures. It also enables traders to predict the movement of Needham Mutual Fund. The fundamental analysis module provides a way to measure Needham Growth's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Needham Growth mutual fund.
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Needham Growth Mutual Fund Price To Earning Analysis
Needham Growth's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Needham Growth Price To Earning | 2.83 X |
Most of Needham Growth's fundamental indicators, such as Price To Earning, 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, Needham Growth is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Needham Growth has a Price To Earning of 2.83 times. This is much higher than that of the Needham family and significantly higher than that of the Mid-Cap Growth category. The price to earning for all United States funds is notably lower than that of the firm.
Needham Growth Fundamental Drivers 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 is number one fund in price to earning among similar funds. It also is number one fund in year to date return among similar funds creating about 5.79 of Year To Date Return per Price To Earning. 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.Did you try this?
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Fund Asset Allocation for Needham Growth
The fund consists of 98.25% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Needham Growth's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Needham Fundamentals
| Price To Earning | 2.83 X | ||||
| Total Asset | 67.62 M | ||||
| Year To Date Return | 16.40 % | ||||
| One Year Return | 19.32 % | ||||
| Three Year Return | 1.22 % | ||||
| Five Year Return | 12.34 % | ||||
| Ten Year Return | 10.78 % | ||||
| Net Asset | 141.5 M | ||||
| Cash Position Weight | 1.75 % | ||||
| Equity Positions Weight | 98.25 % |
About Needham Growth Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Needham Growth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Needham Growth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Needham Growth 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.
Please read more on our fundamental analysis page.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.
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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 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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