Sp Midcap Financial Statements From 2010 to 2024
| RYCKX Fund | USD 47.01 0.10 0.21% |
Check Sp Midcap financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sp Midcap's main balance sheet or income statement drivers, such as , as well as many indicators such as . RYCKX financial statements analysis is a perfect complement when working with Sp Midcap Valuation or Volatility modules.
RYCKX |
Sp Midcap 400 Mutual Fund Price To Earning Analysis
Sp Midcap's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Sp Midcap Price To Earning | 23.62 X |
Most of Sp Midcap's fundamental indicators, such as Price To Earning, 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, Sp Midcap 400 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Sp Midcap 400 has a Price To Earning of 23.62 times. This is much higher than that of the Rydex Funds family and significantly higher than that of the Mid-Cap Growth category. The price to earning for all United States funds is notably lower than that of the firm.
Sp Midcap 400 Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sp Midcap's current stock value. Our valuation model uses many indicators to compare Sp Midcap value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sp Midcap competition to find correlations between indicators driving Sp Midcap's intrinsic value. More Info.Sp Midcap 400 is rated third largest fund in price to earning among similar funds. It is rated below average in price to book among similar funds fabricating about 0.15 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Sp Midcap 400 is roughly 6.62 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Sp Midcap's earnings, one of the primary drivers of an investment's value.About Sp Midcap Financial Statements
Sp Midcap investors use historical fundamental indicators, such as Sp Midcap's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Sp Midcap. Please read more on our technical analysis and fundamental analysis pages.
The fund will invest at least 80 percent of its net assets, plus any borrowings for investment purposes, in securities of companies in the underlying index and derivatives and other instruments whose performance is expected to correspond to that of the underlying index. The index is composed of those constituents of the SP MidCap 400 that exhibit the strongest growth characteristics as measured using three factors sales growth,ratio of earnings change to price, and momentum. The fund is non-diversified.
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.Other Information on Investing in RYCKX Mutual Fund
Sp Midcap financial ratios help investors to determine whether RYCKX 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 RYCKX with respect to the benefits of owning Sp Midcap security.
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