Brookfield Renewable Stock Price Down 1.4 percent - Time to Sell - MarketBeat
| NALFX Fund | USD 59.53 0.01 0.02% |
Slightly above 62% of New Alternatives' investor base is looking to short. The analysis of overall sentiment of trading New Alternatives Fund mutual fund suggests that many investors are alarmed at this time. New Alternatives' investing sentiment can be driven by a variety of factors including economic data, New Alternatives' earnings reports, geopolitical events, and overall market trends.
New |
Brookfield Renewable Stock Price Down 1.4 percent - Time to Sell MarketBeat
Read at news.google.com
 |
New Alternatives Fundamental Analysis
We analyze New Alternatives' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Alternatives using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Alternatives 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.
Cash Position Weight
Cash Position Weight Comparative Analysis
New Alternatives is currently under evaluation in cash position weight among similar funds. Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
New Alternatives 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 Alternatives mutual fund to make a market-neutral strategy. Peer analysis of New Alternatives could also be used in its relative valuation, which is a method of valuing New Alternatives by comparing valuation metrics with similar companies.
Peers
New Alternatives Related Equities
| GAAEX | Guinness Atkinson | 1.00 | ||||
| ALTEX | Firsthand Alternative | 0.41 | ||||
| PORTX | Portfolio | 0.63 | ||||
| CGAEX | Calvert Global | 0.66 | ||||
| GCBLX | Green Century | 0.69 |
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.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |