Royce Opportunity Financials
| ROFRX Fund | USD 15.23 0.01 0.07% |
Royce |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Royce Opportunity Fund Summary
Royce Opportunity competes with Columbia Global, Janus Global, Dreyfus Technology, Allianzgi Technology, and Science Technology. The funds investment adviser invests the funds assets primarily in equity securities of small-cap companies in an attempt to take advantage of what the adviser believes are opportunistic situations for undervalued securities. It invests at least 80 percent of its net assets in securities of small-cap companies, under normal circumstances. It may invest in other investment companies that invest in equity securities.Specialization | Small Value, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Royce Fund |
| Mutual Fund Family | Royce |
| Mutual Fund Category | Small Value |
| Benchmark | Dow Jones Industrial |
| Phone | 800 221 4268 |
| Currency | USD - US Dollar |
Royce Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Royce Opportunity's current stock value. Our valuation model uses many indicators to compare Royce Opportunity value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Royce Opportunity competition to find correlations between indicators driving Royce Opportunity's intrinsic value. More Info.Royce Opportunity Fund is rated top fund in price to earning among similar funds. It also is rated top fund in price to book among similar funds fabricating about 0.33 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Royce Opportunity Fund is roughly 3.05 . 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 Royce Opportunity's earnings, one of the primary drivers of an investment's value.Royce Opportunity Systematic Risk
Royce Opportunity's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Royce Opportunity volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Royce Opportunity correlated with the market. If Beta is less than 0 Royce Opportunity generally moves in the opposite direction as compared to the market. If Royce Opportunity Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Royce Opportunity is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Royce Opportunity is generally in the same direction as the market. If Beta > 1 Royce Opportunity moves generally in the same direction as, but more than the movement of the benchmark.
Royce Opportunity November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Royce Opportunity help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Royce Opportunity Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Royce Opportunity Fund based on widely used predictive technical indicators. In general, we focus on analyzing Royce Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Royce Opportunity's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.23 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 7.47 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 2.34 |
Other Information on Investing in Royce Mutual Fund
Royce Opportunity financial ratios help investors to determine whether Royce 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 Royce with respect to the benefits of owning Royce Opportunity security.
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