Better Artificial Intelligence Stock Broadcom vs. Nvidia

RNGAX Fund  USD 58.48  0.28  0.48%   
Slightly above 64% 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.
  

Read at fool.com
fool News
  

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.

Net Asset

Net Asset Comparative Analysis

New Economy is currently under evaluation in net asset among similar funds. Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

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.

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.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Volatility Analysis
Get historical volatility and risk analysis based on latest market data