AAR awarded five-year P-8A Poseidon engine overhaul contract by U.S. Navy
RNWHX Fund | USD 79.93 0.04 0.05% |
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 |
AAR CORP. , a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has been awarded a five-year indefinite delivery indefinite quantity contract with an aggregate ceiling value of approximately 1.2 billion by the U.S. Navys Naval Air Systems Command to perform engine depot maintenance and repair for its P-8A Poseidon Aircraft fleet. This new award follows a recently announced award under which AAR will continue to perform P-8A airf
Read at finance.yahoo.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.
Equity Positions Weight
Equity Positions Weight Comparative Analysis
New World is currently under evaluation in equity positions weight among similar funds. Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
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
RNGFX | New Economy | 0.84 | ||||
AMFCX | American Mutual | 0.62 | ||||
AMFFX | American Mutual | 0.61 | ||||
RNGGX | New Economy | 0.57 | ||||
RNGHX | New Economy | 0.56 | ||||
RNCCX | American Funds | 0.52 | ||||
AMECX | Income Fund | 0.38 | ||||
AMEFX | Income Fund | 0.38 | ||||
FPPPX | American Funds | 0.11 |
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.
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges |