Banking Fund Financial Statements From 2010 to 2024
| RYKIX Fund | USD 115.37 0.69 0.60% |
Check Banking Fund financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Banking Fund's main balance sheet or income statement drivers, such as , as well as many indicators such as . Banking financial statements analysis is a perfect complement when working with Banking Fund Valuation or Volatility modules.
Banking |
Banking Fund Investor Mutual Fund Price To Earning Analysis
Banking Fund'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 Banking Fund Price To Earning | 15.27 X |
Most of Banking Fund'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, Banking Fund Investor 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, Banking Fund Investor has a Price To Earning of 15.27 times. This is much higher than that of the Rydex Funds family and significantly higher than that of the Financial category. The price to earning for all United States funds is notably lower than that of the firm.
Banking Fund Investor Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Banking Fund's current stock value. Our valuation model uses many indicators to compare Banking Fund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Banking Fund competition to find correlations between indicators driving Banking Fund's intrinsic value. More Info.Banking Fund Investor is rated third largest fund in price to earning among similar funds. It is rated second largest fund in price to book among similar funds fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Banking Fund Investor is roughly 11.07 . 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 Banking Fund's earnings, one of the primary drivers of an investment's value.About Banking Fund Financial Statements
Banking Fund investors use historical fundamental indicators, such as Banking Fund'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 Banking Fund. Please read more on our technical analysis and fundamental analysis pages.
The fund invests substantially all of its net assets in equity securities of Banking Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It may invest to a significant extent in the securities of Banking Companies that have small to mid-sized capitalizations.
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 Banking Mutual Fund
Banking Fund financial ratios help investors to determine whether Banking 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 Banking with respect to the benefits of owning Banking Fund security.
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