New America Financials
| HYB Etf | USD 8.20 0.09 1.09% |
New |
The data published in New America's official financial statements typically reflect New America's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving New America's quantitative information. For example, before you start analyzing numbers published by New accountants, it's essential to understand New America's liquidity, profitability, and earnings quality within the context of the Financial Services space in which it operates.
Please note, the presentation of New America's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, New America's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of New America's management manipulating its earnings.
New America Etf Summary
New America competes with Pioneer Municipal, DWS Municipal, RiverNorth Specialty, Putnam Managed, and Brandywineglobal. The New America High Income Fund Inc. is a closed-ended fixed income mutual fund launched and managed by T. Rowe Price Associates, Inc. The fund invests in the fixed income markets of the United States. It seeks to invest in the stocks of companies operating across the diversified sectors. The fund invests in high yield fixed-income securities i.e. junk bonds rated BB or lower by SP or Ba or lower by Moody. It benchmarks the performance of its portfolio against the Credit Suisse High Yield Index and the Citigroup 10 Year Treasury Index. The New America High Income Fund Inc. was formed on November 19, 1987 and is domiciled in the United States.Specialization | null, High Yield Bond |
| Instrument | USA Etf View All |
| Exchange | New York Stock Exchange |
| ISIN | US6418768007 |
| CUSIP | 641876800 641876107 |
| Region | Others |
| Investment Issuer | Others |
| Location | Massachusetts; U.S.A |
| Business Address | 100 East Pratt |
| Etf Family | Financial Services |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Website | www.newamerica-hyb.com/index.html |
| Phone | 410 345 2000 |
| Currency | USD - US Dollar |
New America Key Financial Ratios
New Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining New America's current stock value. Our valuation model uses many indicators to compare New America value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across New America competition to find correlations between indicators driving New America's intrinsic value. More Info.New America High is rated # 4 ETF in price to earning as compared to similar ETFs. It is rated # 5 ETF in price to book as compared to similar ETFs fabricating about 0.04 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for New America High is roughly 22.71 . 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 America's earnings, one of the primary drivers of an investment's value.New America High Systematic Risk
New America's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. New America 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-one with a total number of output elements of fourty. The Beta measures systematic risk based on how returns on New America High correlated with the market. If Beta is less than 0 New America generally moves in the opposite direction as compared to the market. If New America Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one New America High is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of New America is generally in the same direction as the market. If Beta > 1 New America moves generally in the same direction as, but more than the movement of the benchmark.
About New America Financials
What exactly are New America Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include New America's income statement, its balance sheet, and the statement of cash flows. Potential New America investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although New America investors may use each financial statement separately, they are all related. The changes in New America's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on New America's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.New America February 16, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of New America help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of New America High. We use our internally-developed statistical techniques to arrive at the intrinsic value of New America High based on widely used predictive technical indicators. In general, we focus on analyzing New Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build New America's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.5063 | |||
| Information Ratio | 0.0352 | |||
| Maximum Drawdown | 1.96 | |||
| Value At Risk | (0.61) | |||
| Potential Upside | 0.6188 |
Other Information on Investing in New Etf
New America financial ratios help investors to determine whether New Etf 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 America security.