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IGNRX Delaware Ivy Natural Resources R Forecast, Technical & Fundamental Analysis

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Valero Energy Corp (NYSE:VLO), Newmont Corp (NYSE:NEM), Wheaton Precious Metals Corp (NYSE:WPM), CF Industries Holding (NYSE:CF), Chesapeake Energy Corp (NASDAQ:CHK), American Airlines Group (NASDAQ:AAL).

Industry description

The investment seeks to provide capital growth and appreciation. The fund seeks to achieve its objective by investing, under normal circumstances, at least 80% of its net assets in equity securities of companies with operations throughout the world that own, explore or develop natural resources and other basic commodities or supply goods and services to such companies. Under normal circumstances, the manager anticipates that a significant portion of the fund's portfolio will consist of issuers in the energy and materials sectors.

Market Cap

The average market capitalization across the Delaware Ivy Natural Resources R MF is 49.87B. The market cap for tickers in the group ranges from 9.46B to 213.22B. SHEL holds the highest valuation in this group at 213.22B. The lowest valued company is AAL at 9.46B.

Volume

The average weekly volume growth across all stocks in the Delaware Ivy Natural Resources R MF was 11%. For the same stocks of the MF, the average monthly volume growth was -31% and the average quarterly volume growth was 11%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 25
Price Growth Rating: 52
SMR Rating: 63
Profit Risk Rating: 51
Seasonality Score: 27 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category NaturalResources

Profile
Fundamentals
Details
Category
Natural Resources
Address
Ivy Funds Inc6300 Lamar AveOverland Park
Phone
N/A
Web
www.ivyinvestments.com
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IGNRX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, IGNRX has been closely correlated with PGNAX. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if IGNRX jumps, then PGNAX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To IGNRX
1D Price
Change %
IGNRX100%
-0.31%
PGNAX - IGNRX
93%
Closely correlated
-0.54%
FRNRX - IGNRX
91%
Closely correlated
-0.51%
GEACX - IGNRX
91%
Closely correlated
-0.91%
GMOWX - IGNRX
91%
Closely correlated
-0.91%
FFGTX - IGNRX
89%
Closely correlated
-0.42%
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