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NEEGX Needham Growth Retail Forecast, Technical & Fundamental Analysis

Category MidCapGrowth
A.I.Advisor
published Highlights

Industry description

The investment seeks long-term, tax-efficient capital appreciation. The fund normally invests at least 65% of its total assets in the equity securities (principally, common stock) of domestic issuers listed on a nationally recognized securities exchange. It may, but is not required to, invest in the securities of companies of any market capitalization and from a variety of industries included in the technology, healthcare, energy and industrials, specialty retailing, media/leisure/cable/entertainment and business and consumer services sectors.

Market Cap

The average market capitalization across the Needham Growth Retail MF is 33.89B. The market cap for tickers in the group ranges from 1.3B to 220.19B. TMO holds the highest valuation in this group at 220.19B. The lowest valued company is PDFS at 1.3B.

Volume

The average weekly volume growth across all stocks in the Needham Growth Retail MF was -55%. For the same stocks of the MF, the average monthly volume growth was 20% and the average quarterly volume growth was 8%

Fundamental Analysis Ratings

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

Valuation Rating: 74
P/E Growth Rating: 62
Price Growth Rating: 58
SMR Rating: 67
Profit Risk Rating: 47
Seasonality Score: 26 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category MidCapGrowth

Profile
Fundamentals
Details
Category
Mid-Cap Growth
Address
Needham Funds Inc445 Park AveNew York
Phone
N/A
Web
www.needhamfunds.com
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NEEGX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, NEEGX has been closely correlated with FSMAX. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if NEEGX jumps, then FSMAX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NEEGX
1D Price
Change %
NEEGX100%
-5.01%
FSMAX - NEEGX
95%
Closely correlated
-0.68%
TRQZX - NEEGX
69%
Closely correlated
-0.29%
RPTIX - NEEGX
69%
Closely correlated
-0.29%
RPMGX - NEEGX
69%
Closely correlated
-0.29%
PAMCX - NEEGX
69%
Closely correlated
-0.30%
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