Big Short Money Manager Michael Burry Is Piling Into 3 Industry-Leading Stocks That Share a Common Theme
| NWFFX Fund | USD 80.45 0.05 0.06% |
Slightly above 56% of New World's investor base is looking to short. The analysis of overall sentiment of trading New World Fund mutual fund suggests that many investors are alarmed at this time. New World's investing sentiment can be driven by a variety of factors including economic data, New World's earnings reports, geopolitical events, and overall market trends.
New |
Although Burry is best-known for making wagers on securities moving lower, he purchased a trio of historically cheap, cash-rich stocks during the September-ended quarter.
Read at fool.com
 |
New World Fundamental Analysis
We analyze New World's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New World using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New World 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.
Ten Year Return
Ten Year Return Comparative Analysis
New World is currently under evaluation in ten year return among similar funds. Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
New World 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 World mutual fund to make a market-neutral strategy. Peer analysis of New World could also be used in its relative valuation, which is a method of valuing New World by comparing valuation metrics with similar companies.
Peers
New World Related Equities
| AEGFX | Europacific Growth | 0.98 | ||||
| NPFFX | New Perspective | 0.84 | ||||
| CWGFX | Capital World | 0.75 | ||||
| SCWFX | Smallcap World | 0.74 | ||||
| AICFX | Investment | 0.56 |
Other Information on Investing in New Mutual Fund
New World 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 World security.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |