Will Republicans continue to support subsidies for the chip industry PwC interview
| RNGFX Fund | USD 68.47 0.57 0.84% |
Slightly above 51% of New Economy's investor base is interested to short. The analysis of overall sentiment of trading New Economy Fund mutual fund suggests that many investors are impartial 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.
New |
The Chips Science Act was a bipartisan law passed to give 52 billion to the U.S. semiconductor industry. Will Republicans stand behind it
Read at venturebeat.com
 |
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.
Year To Date Return
Year To Date Return Comparative Analysis
New Economy is currently under evaluation in year to date return among similar funds. Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
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
| TFCCX | Touchstone Large | 0.83 | ||||
| GMYPX | Goldman Sachs | 0.77 | ||||
| LMUSX | Qs Us | 0.63 | ||||
| JDVNX | Jhancock Disciplined | 0.55 | ||||
| ILESX | Fisher Large | 0.37 | ||||
| MMLRX | Massmutual Select | 0.36 | ||||
| TRLGX | T Rowe | 0.20 |
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.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |