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INRSX Nomura Natural Resources R6 Forecast, Technical & Fundamental Analysis

The investment seeks to provide capital growth and appreciation... Show more

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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are BP plc (NYSE:BP), Canadian Natural Resources Limited (NYSE:CNQ), Diamondback Energy (NASDAQ:FANG).

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, plus the amount of any borrowings for investment purposes, 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 (80% Policy).

Market Cap

The average market capitalization across the Nomura Natural Resources R6 MF is 80.17B. The market cap for tickers in the group ranges from 2.45B to 118.31B. BP holds the highest valuation in this group at 118.31B. The lowest valued company is HBM at 2.45B.

Volume

The average weekly volume growth across all stocks in the Nomura Natural Resources R6 MF was -17%. For the same stocks of the MF, the average monthly volume growth was 23% and the average quarterly volume growth was -50%

Fundamental Analysis Ratings

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

Valuation Rating: 48
P/E Growth Rating: 54
Price Growth Rating: 35
SMR Rating: 50
Profit Risk Rating: 38
Seasonality Score: 34 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category NaturalResources

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

Correlation & Price change

A.I.dvisor indicates that over the last year, INRSX 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 INRSX jumps, then PGNAX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To INRSX
1D Price
Change %
INRSX100%
+0.26%
PGNAX - INRSX
93%
Closely correlated
N/A
GAAHX - INRSX
92%
Closely correlated
N/A
FRNRX - INRSX
91%
Closely correlated
N/A
AVALX - INRSX
90%
Closely correlated
N/A
GMOWX - INRSX
87%
Closely correlated
N/A
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