Basic Materials Financials
| RYBMX Fund | USD 82.51 0.57 0.70% |
Basic |
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.
Basic Materials Fund Summary
Basic Materials competes with Energy Fund, Energy Services, Health Care, Banking Fund, and Financial Services. The fund invests substantially all of its net assets in equity securities of Basic Materials Companies that are traded in the United States and in derivatives. It may invest to a significant extent in the securities of Basic Materials Companies that have small to mid-sized capitalizations. Basic Materials Companies are engaged in the manufacture, mining, processing, or distribution of raw materials and intermediate goods used in the industrials sector, and may be involved in the production and transportation of metals, textiles, and wood products.Specialization | Natural Resources, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Rydex Series Funds |
| Mutual Fund Family | Rydex Funds |
| Mutual Fund Category | Natural Resources |
| Benchmark | Dow Jones Industrial |
| Phone | 800 820 0888 |
| Currency | USD - US Dollar |
Basic Materials Key Financial Ratios
Basic Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Basic Materials's current stock value. Our valuation model uses many indicators to compare Basic Materials value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Basic Materials competition to find correlations between indicators driving Basic Materials's intrinsic value. More Info.Basic Materials 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 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Basic Materials Fund is roughly 12.15 . 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 Basic Materials' earnings, one of the primary drivers of an investment's value.Basic Materials Systematic Risk
Basic Materials' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Basic Materials 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.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Basic Materials correlated with the market. If Beta is less than 0 Basic Materials generally moves in the opposite direction as compared to the market. If Basic Materials Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Basic Materials is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Basic Materials is generally in the same direction as the market. If Beta > 1 Basic Materials moves generally in the same direction as, but more than the movement of the benchmark.
Basic Materials November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Basic Materials help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Basic Materials Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Basic Materials Fund based on widely used predictive technical indicators. In general, we focus on analyzing Basic Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Basic Materials's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.9622 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 4.88 | |||
| Value At Risk | (1.38) | |||
| Potential Upside | 1.71 |
Other Information on Investing in Basic Mutual Fund
Basic Materials financial ratios help investors to determine whether Basic 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 Basic with respect to the benefits of owning Basic Materials security.
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