DNA Sequencing Market is expected to reach a revenue of USD 97.8 Bn by 2033, at 22.3 percent CAGR Dimension Market Research
| ANFCX Fund | USD 49.57 0.37 0.74% |
Slightly above 62% of New Economy's investor base is looking to short. The analysis of overall sentiment of trading New Economy Fund mutual fund suggests that many investors are alarmed 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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Advancements and Projections in the DNA Sequencing Market Insights, Trends, Opportunities, and Recent DevelopmentsNew York, Dec. 16, 2024 -- Market Overview Global DNA Sequencing Market is forecasted to reach USD 16.0 billion by the end of 2024 and grow to USD 97.8 billion in 2033, with a CAGR of 22.3. DNA sequencing is a laboratory method that is used to provide the exact order of nucleotides in a DNA molecule, the building blocks that constitute DNA. In these building blocks
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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.
One Year Return
One Year Return Comparative Analysis
New Economy is currently under evaluation in one year return among similar funds. 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.
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
| FPPPX | American Funds | 0.21 | ||||
| AMECX | Income Fund | 0.04 | ||||
| AMEFX | Income Fund | 0.04 | ||||
| AMFFX | American Mutual | 0.02 | ||||
| RNCCX | American Funds | 0.08 | ||||
| RNEBX | New World | 0.48 | ||||
| RNGFX | New Economy | 0.72 | ||||
| AMFCX | American Mutual | 1.02 | ||||
| RNGGX | New Economy | 1.03 | ||||
| RNGHX | New Economy | 1.03 |
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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