Banking Fund Class Fund Manager Performance Evaluation
| RYKAX Fund | USD 70.33 0.43 0.62% |
The fund shows a Beta (market volatility) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Banking Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Banking Fund is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Banking Fund Class has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Banking Fund is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 19th of August 2022 | |
| Expense Ratio | 1.6500 |
Banking |
Banking Fund Relative Risk vs. Return Landscape
If you would invest 7,185 in Banking Fund Class on January 20, 2024 and sell it today you would lose (152.00) from holding Banking Fund Class or give up 2.12% of portfolio value over 90 days. Banking Fund Class is currently producing negative expected returns and takes up 1.2473% volatility of returns over 90 trading days. Put another way, 11% of traded mutual funds are less volatile than Banking, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Banking Fund Current Valuation
Fairly Valued
Today
Please note that Banking Fund's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Banking Fund Class shows a prevailing Real Value of $70.2 per share. The current price of the fund is $70.33. We determine the value of Banking Fund Class from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Our valuation method for Banking Fund Class is useful when determining the fair value of the Banking mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Banking Fund. Since Banking Fund is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Banking Mutual Fund. However, Banking Fund's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 70.33 | Real 70.2 | Hype 69.63 |
The real value of Banking Mutual Fund, also known as its intrinsic value, is the underlying worth of Banking Fund Class Mutual Fund, which is reflected in its stock price. It is based on Banking Fund's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Banking Fund's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Banking Fund's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Banking Fund Class helps investors to forecast how Banking mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Banking Fund more accurately as focusing exclusively on Banking Fund's fundamentals will not take into account other important factors: Banking Fund Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banking Fund's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Banking Fund Class, and traders can use it to determine the average amount a Banking Fund's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.021
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RYKAX |
Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Banking Fund is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Banking Fund by adding Banking Fund to a well-diversified portfolio.
Banking Fund Fundamentals Growth
Banking Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Banking Fund, and Banking Fund fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Banking Mutual Fund performance.
| Price To Earning | 13.69 X | ||||
| Price To Book | 1.09 X | ||||
| Price To Sales | 2.70 X | ||||
| Total Asset | 130 K | ||||
About Banking Fund Performance
To evaluate Banking Fund Class Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Banking Fund generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Banking Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Banking Fund Class market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Banking's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The investment seeks to provide capital appreciation by investing in companies that are involved in the banking sector, including commercial banks and savings and loan institutions . Rydex Series is traded on NASDAQ Exchange in the United States.Things to note about Banking Fund Class performance evaluation
Checking the ongoing alerts about Banking Fund for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Banking Fund Class help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Banking Fund Class generated a negative expected return over the last 90 days | |
| The fund generated three year return of -4.0% | |
| Banking Fund Class maintains 99.34% of its assets in stocks |
- Analyzing Banking Fund's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Banking Fund's stock is overvalued or undervalued compared to its peers.
- Examining Banking Fund's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Banking Fund's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Banking Fund's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Banking Fund's mutual fund. These opinions can provide insight into Banking Fund's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Banking Fund Class. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Banking Fund Class information on this page should be used as a complementary analysis to other Banking Fund's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.