Banking Fund Class Fund Cash Position Weight
| RYBKX Fund | USD 78.76 0.33 0.42% |
Banking Fund Class fundamentals help investors to digest information that contributes to Banking Fund's financial success or failures. It also enables traders to predict the movement of Banking Mutual Fund. The fundamental analysis module provides a way to measure Banking Fund's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Banking Fund mutual fund.
Banking |
Banking Fund Class Mutual Fund Cash Position Weight Analysis
Banking Fund's Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Current Banking Fund Cash Position Weight | 0.87 % |
Most of Banking Fund's fundamental indicators, such as Cash Position Weight, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Banking Fund Class is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
| Competition |
In accordance with the recently published financial statements, Banking Fund Class has 0.87% in Cash Position Weight. This is much higher than that of the Rydex Funds family and significantly higher than that of the Financial category. The cash position weight for all United States funds is notably lower than that of the firm.
Banking Cash Position Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Banking Fund's direct or indirect competition against its Cash Position Weight to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Banking Fund could also be used in its relative valuation, which is a method of valuing Banking Fund by comparing valuation metrics of similar companies.Banking Fund is currently under evaluation in cash position weight among similar funds.
Fund Asset Allocation for Banking Fund
The fund invests 99.13% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (0.87%) .Asset allocation divides Banking Fund's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Banking Fundamentals
| Price To Earning | 13.33 X | ||||
| Price To Book | 1.05 X | ||||
| Price To Sales | 2.59 X | ||||
| Total Asset | 2.71 M | ||||
| Annual Yield | 0.02 % | ||||
| Year To Date Return | 5.18 % | ||||
| One Year Return | 34.49 % | ||||
| Three Year Return | (3.96) % | ||||
| Five Year Return | 4.40 % | ||||
| Ten Year Return | 2.57 % | ||||
| Net Asset | 10.89 M | ||||
| Minimum Initial Investment | 2.5 K | ||||
| Last Dividend Paid | 2.26 | ||||
| Cash Position Weight | 0.87 % | ||||
| Equity Positions Weight | 99.13 % |
About Banking Fund Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Banking Fund Class's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Banking Fund using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Banking Fund Class 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.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 industry. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.