Investment Grade Competition

Mutual Funds . USA . 
Fund . Investment Grade Bond
RFAAX Fund  USD 18.42  0.16  0.88%   
Investment Grade Bond competes with International Developed, Global Real, Global Real, Global Real, and Global Real; as well as few others. The fund is listed under Intermediate Core Bond category and is part of Russell family. Analyzing Investment Grade competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Investment Grade to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Investment Grade Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Investment Grade competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
18.1018.4218.74
Details
Intrinsic
Valuation
LowRealHigh
17.4917.8120.26
Details
Naive
Forecast
LowNextHigh
18.1018.4218.73
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
18.1618.2818.41
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Investment Grade. Your research has to be compared to or analyzed against Investment Grade's peers to derive any actionable benefits. When done correctly, Investment Grade's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Investment Grade Bond.

Investment Grade Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Investment Grade and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Investment and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Investment Grade Bond does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
RREYX
+ 1.0
RREAX
RRESX
+ 1.0
RREAX
RRSCX
+ 1.0
RREAX
RRESX
+ 1.0
RREYX
RRSCX
+ 1.0
RREYX
RRSRX
+ 1.0
RREYX
  
High negative correlations   
RALSX
- 0.15
RRSCX
RALSX
- 0.13
RRSRX
RALAX
- 0.13
RRSCX
RALSX
- 0.13
RRESX
RALSX
- 0.13
RREYX
RALAX
- 0.12
RRSRX

Risk-Adjusted Indicators

There is a big difference between Investment Mutual Fund performing well and Investment Grade Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Investment Grade's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
RNTTX  0.60 (0.05) 0.00  4.36  0.00 
 0.00 
 1.41 
(1.21)
 3.54 
RREAX  0.56 (0.05) 0.00 (0.16) 0.00 
 0.00 
 0.97 
(1.31)
 3.18 
RREYX  0.58 (0.03)(0.16)(0.04) 0.76 
(0.59)
 1.00 
(1.29)
 3.20 
RRESX  0.58 (0.03)(0.16)(0.05) 0.76 
(0.59)
 1.00 
(1.32)
 3.13 
RRSCX  0.58 (0.04) 0.00 (0.07) 0.00 
 0.00 
 1.00 
(1.31)
 3.19 
RRSRX  0.57 (0.03)(0.16)(0.04) 0.75 
(0.57)
 0.97 
(1.29)
 3.19 
RALAX  0.44  0.04 (0.12) 6.33  0.55 
(0.47)
 1.03 
(0.86)
 2.86 
RALCX  0.44 (0.04)(0.13) 0.05  0.55 
(0.47)
 0.76 
(0.84)
 2.81 
RALSX  0.44  0.04 (0.12) 4.34  0.52 
(0.49)
 1.00 
(0.83)
 2.78 
RALRX  0.42 (0.03)(0.13) 0.06  0.54 
(0.45)
 0.83 
(0.83)
 2.68 
All Fundamental Data

Investment Grade Competitive Analysis

The better you understand Investment Grade competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Investment Grade's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Investment Grade's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
RFAAX RNTTX RREAX RREYX RRESX RRSCX RRSRX RALAX RALCX RALSX
 0.88 
 18.42 
Investment
 0.21 
 43.31 
International
 0.57 
 29.80 
GLOBAL
 0.97 
 31.22 
Global
 0.97 
 31.21 
Global
 1.00 
 28.40 
Global
 0.97 
 31.23 
Global
 0.39 
 12.92 
Growth
 0.34 
 11.93 
Growth
 0.38 
 13.26 
Growth
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Modest
Modest
Insignificant
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Sell
Cautious Hold
Cautious Hold
Cautious Hold
Cautious Hold
Cautious Hold
Sell
Strong Hold
Cautious Hold
Net Asset
1.06 B
2.96 B
1.14 B
1.14 B
1.14 B
1.14 B
1.14 B
1.28 B
1.28 B
1.28 B
Minimum Initial Investment
N/A
N/A
N/A
10 M
N/A
N/A
N/A
N/A
N/A
N/A
Price To Book
N/A
N/A
1.45
1.41
1.41
1.41
N/A
1.65
1.67
1.65
Five Year Return
-0.75
5.56
0.36
1.28
1.08
0.0678
1.25
7.22
6.7
7.76
One Year Return
5.94
11.57
17.71
18.95
18.69
17.48
18.91
20.52
20.05
21.25
Last Dividend Paid
0.02
N/A
0.18
0.03
0.01
0.13
0.03
0.11
0.09
0.12
Price To Earning
N/A
N/A
20.22
19.26
19.26
19.26
N/A
16.08
16.26
16.08
Price To Sales
N/A
N/A
5.62
5.41
5.41
5.41
N/A
1.17
1.18
1.17
Cash Position Weight
5.2
-23.56
1.75
2.32
1.75
1.75
1.75
7.52
7.52
7.52
Equity Positions Weight
0.07
123.56
98.0
97.68
98.0
98.0
98.0
80.44
80.44
80.44
Three Year Return
-3.22
2.11
-4.44
-3.28
-3.48
-4.44
-3.31
3.69
3.56
4.58
Annual Yield
0.002
0.0216
0.0183
0.0216
0.0198
0.0136
0.0214
0.0153
0.012
0.0164
Year To Date Return
1.5
4.71
6.27
7.88
7.66
6.67
7.82
13.36
13.82
14.84
Bond Positions Weight
10.74
N/A
N/A
N/A
N/A
N/A
N/A
5.37
5.37
5.37
Ten Year Return
3.58
4.13
4.91
5.38
5.17
4.12
5.25
5.4
4.62
5.66
Day Typical Price
18.42
43.31
29.8
31.22
31.21
28.4
31.23
12.92
11.93
13.26
Accumulation Distribution
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Market Facilitation Index
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Daily Balance Of Power
9.2 T
9.2 T
9.2 T
9.2 T
9.2 T
9.2 T
9.2 T
9.2 T
9.2 T
9.2 T
Period Momentum Indicator
0.16
0.09
0.17
0.3
0.3
0.28
0.3
0.05
0.04
0.05
Rate Of Daily Change
1.01
1.0
1.01
1.01
1.01
1.01
1.01
1.0
1.0
1.0
Day Median Price
18.42
43.31
29.8
31.22
31.21
28.4
31.23
12.92
11.93
13.26
Price Action Indicator
0.08
0.045
0.085
0.15
0.15
0.14
0.15
0.025
0.02
0.025
Coefficient Of Variation
(1,168)
(1,782)
(4,399)
34953.91
137052.55
(24,019)
20605.46
1145.5
1453.47
1140.38
Mean Deviation
0.2165
0.5982
0.5621
0.5821
0.5806
0.5798
0.5656
0.4406
0.4356
0.4381
Jensen Alpha
(0.04)
(0.05)
(0.05)
(0.03)
(0.03)
(0.04)
(0.03)
0.0398
(0.04)
0.0393
Total Risk Alpha
(0.08)
(0.17)
(0.14)
(0.12)
(0.12)
(0.13)
(0.12)
(0.05)
(0.06)
(0.05)
Sortino Ratio
N/A
N/A
N/A
(0.16)
(0.16)
N/A
(0.16)
(0.12)
(0.13)
(0.12)
Downside Variance
N/A
N/A
N/A
0.6234
0.6211
N/A
0.6011
0.4207
0.4453
0.4274
Standard Deviation
0.2929
0.7706
0.7067
0.7229
0.7201
0.7225
0.7038
0.5787
0.5714
0.5748
Kurtosis
0.6271
0.6465
0.1559
0.0629
0.0302
0.085
0.1917
0.551
0.615
0.5265
Potential Upside
0.4313
1.41
0.967
0.9977
0.9974
0.9957
0.9699
1.03
0.7595
1.0
Treynor Ratio
(0.54)
4.36
(0.16)
(0.04)
(0.05)
(0.07)
(0.04)
6.33
0.0506
4.34
Maximum Drawdown
1.37
3.54
3.18
3.2
3.13
3.19
3.19
2.86
2.81
2.78
Variance
0.0858
0.5938
0.4994
0.5226
0.5185
0.522
0.4954
0.3349
0.3265
0.3304
Market Risk Adjusted Performance
(0.53)
4.37
(0.15)
(0.03)
(0.04)
(0.06)
(0.03)
6.34
0.0606
4.35
Risk Adjusted Performance
(0.08)
(0.04)
(0.02)
0.0016
(0.000056)
(0)
0.0029
0.0635
0.0492
0.0637
Skewness
(0.34)
0.4168
(0.48)
(0.49)
(0.49)
(0.50)
(0.52)
(0.35)
(0.40)
(0.31)
Semi Deviation
N/A
N/A
N/A
0.7623
0.7619
N/A
0.7483
0.5462
0.5485
0.5183
Information Ratio
(0.52)
(0.22)
(0.20)
(0.18)
(0.18)
(0.18)
(0.18)
(0.13)
(0.16)
(0.14)
Value At Risk
(0.65)
(1.21)
(1.31)
(1.29)
(1.32)
(1.31)
(1.29)
(0.86)
(0.84)
(0.83)
Expected Short fall
N/A
N/A
N/A
(0.59)
(0.59)
N/A
(0.57)
(0.47)
(0.47)
(0.49)
Downside Deviation
N/A
N/A
N/A
0.7896
0.7881
N/A
0.7753
0.6486
0.6673
0.6538
Semi Variance
N/A
N/A
N/A
0.5811
0.5805
N/A
0.56
0.2984
0.3008
0.2686

Investment Grade Competition Performance Charts

Five steps to successful analysis of Investment Grade Competition

Investment Grade's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Investment Grade Bond in relation to its competition. Investment Grade's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Investment Grade in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Investment Grade's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Investment Grade Bond, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Investment Grade position

In addition to having Investment Grade 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.

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Recycling Theme
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Other Information on Investing in Investment Mutual Fund

Investment Grade financial ratios help investors to determine whether Investment Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Investment with respect to the benefits of owning Investment Grade security.
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