Banking Fund Class Fund Buy Hold or Sell Recommendation
| RYKCX Fund | USD 64.70 0.00 0.00% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Banking Fund Class is 'Strong Hold'. Macroaxis provides Banking Fund buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding RYKCX positions. The advice algorithm takes into account all of Banking Fund's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Banking Fund's buy or sell advice are summarized below:
Real Value 64.46 | Hype Value 64.7 | Market Value 64.7 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Banking Fund Class given historical horizon and risk tolerance towards Banking Fund. When Macroaxis issues a 'buy' or 'sell' recommendation for Banking Fund Class, the advice is generated through an automated system that utilizes algorithms and statistical models.
Banking |
Execute Banking Fund Buy or Sell Advice
The Banking recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Banking Fund Class. Macroaxis does not own or have any residual interests in Banking Fund Class or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Banking Fund's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details |
Banking Fund Trading Alerts and Improvement Suggestions
| The fund generated three year return of -5.0% | |
| Banking Fund Class maintains 99.34% of its assets in stocks |
Banking Fund Returns Distribution Density
The distribution of Banking Fund's historical returns is an attempt to chart the uncertainty of Banking Fund's future price movements. The chart of the probability distribution of Banking Fund daily returns describes the distribution of returns around its average expected value. We use Banking Fund Class price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Banking Fund returns is essential to provide solid investment advice for Banking Fund.
| Mean Return | 0.08 | Value At Risk | -1.67 | Potential Upside | 2.14 | Standard Deviation | 1.11 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Banking Fund historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Banking Fund Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Banking Fund or Rydex Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Banking Fund's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Banking fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.06 | |
β | Beta against NYSE Composite | 0.52 | |
σ | Overall volatility | 1.12 | |
Ir | Information ratio | 0.04 |
Banking Fund Volatility Alert
Banking Fund Class has relatively low volatility with skewness of -0.34 and kurtosis of 1.06. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Banking Fund's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Banking Fund's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Banking Fund Fundamentals Vs Peers
Comparing Banking Fund's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Banking Fund's direct or indirect competition across all of the common fundamentals between Banking Fund and the related equities. This way, we can detect undervalued stocks with similar characteristics as Banking Fund or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Banking Fund's fundamental indicators could also be used in its relative valuation, which is a method of valuing Banking Fund by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Banking Fund to competition |
| Fundamentals | Banking Fund | Peer Average |
| Price To Earning | 12.53 X | 6.53 X |
| Price To Book | 1.14 X | 0.74 X |
| Price To Sales | 2.79 X | 0.61 X |
| Annual Yield | 0.02 % | 0.29 % |
| Year To Date Return | 4.05 % | 0.39 % |
| One Year Return | 33.36 % | 4.15 % |
| Three Year Return | (4.55) % | 3.60 % |
| Five Year Return | 3.20 % | 3.24 % |
| Ten Year Return | 1.81 % | 1.79 % |
| Net Asset | 10.89 M | 4.11 B |
| Last Dividend Paid | 2.26 | 0.65 |
| Cash Position Weight | 1.11 % | 10.61 % |
| Equity Positions Weight | 99.34 % | 63.90 % |
Banking Fund Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Banking . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Banking Fund Buy or Sell Advice
When is the right time to buy or sell Banking Fund Class? Buying financial instruments such as Banking Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Banking Fund in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Long/short ETFs Thematic Idea Now
Long/short ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Long/short ETFs theme has 22 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Long/short ETFs Theme or any other thematic opportunities.
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Check out Banking Fund Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.