Royce Total Return Fund Market Outlook
| RYTCX Fund | USD 7.85 0.02 0.26% |
Slightly above 52% of Royce Total's investor base is interested to short. The analysis of overall sentiment of trading Royce Total Return mutual fund suggests that many investors are impartial at this time. Royce Total's investing sentiment can be driven by a variety of factors including economic data, Royce Total's earnings reports, geopolitical events, and overall market trends.
Comfort Level 48
Impartial
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Royce Total's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Royce Total Return.
News SentimentNeutral | Hype SentimentNeutral | Insider SentimentWaiting |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Royce Total Return is 'Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Royce Total Return given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Royce Total Return, the advice is generated through an automated system that utilizes algorithms and statistical models.
Execute Royce Total Advice
The Royce recommendation should be used to complement the investment advice compiled from the current analysts' consensus on Royce Total Return. Macroaxis does not own or have any residual interests in Royce Total Return or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Royce Total's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Solid | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details |
For the selected time horizon Royce Total Return has a Mean Deviation of 1.04, Semi Deviation of 0.2571, Standard Deviation of 2.03, Variance of 4.11, Downside Variance of 0.703 and Semi Variance of 0.0661We provide trade recommendations to complement the recent expert consensus on Royce Total Return. Our dynamic recommendation engine exercises a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at the time. Use Royce Total Return price to book, one year return, as well as the relationship between the One Year Return and equity positions weight to ensure your buy or sell decision on Royce Total Return is adequate.
Royce Total Trading Alerts and Improvement Suggestions
| Latest headline from news.google.com: Is Elon Musk Giving Index Funds FOMO - The Wall Street Journal | |
| The fund maintains 95.88% of its assets in stocks |
Royce Total Returns Distribution Density
The distribution of Royce Total's historical returns is an attempt to chart the uncertainty of Royce Total's future price movements. The chart of the probability distribution of Royce Total daily returns describes the distribution of returns around its average expected value. We use Royce Total Return price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Royce Total returns is essential to provide solid investment analysis for Royce Total.
| Mean Return | 0.39 | Value At Risk | -1.4 | Potential Upside | 2.42 | Standard Deviation | 2.03 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Royce Total historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Royce Total Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Royce Total or Royce sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Royce Total's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Royce fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.38 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 2.09 | |
Ir | Information ratio | 0.17 |
Royce Total Volatility Alert
Royce Total Return has low volatility with Treynor Ratio of -7.33, Maximum Drawdown of 16.42 and kurtosis of 35.31. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Royce Total's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Royce Total's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Royce Total Fundamentals Vs Peers
Comparing Royce Total's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Royce Total's direct or indirect competition across all of the common fundamentals between Royce Total and the related equities. This way, we can detect undervalued stocks with similar characteristics as Royce Total or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Royce Total's fundamental indicators could also be used in its relative valuation, which is a method of valuing Royce Total by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Royce Total to competition |
| Fundamentals | Royce Total | Peer Average |
| Price To Earning | 40.35 X | 6.53 X |
| Price To Book | 1.96 X | 0.74 X |
| Price To Sales | 1.15 X | 0.61 X |
| Annual Yield | 0 % | 0.29 % |
| Year To Date Return | 6.54 % | 0.39 % |
| One Year Return | 4.90 % | 4.15 % |
| Three Year Return | 8.60 % | 3.60 % |
| Five Year Return | 7.03 % | 3.24 % |
| Ten Year Return | 6.42 % | 1.79 % |
| Net Asset | 2.15 B | 4.11 B |
| Cash Position Weight | 2.29 % | 10.61 % |
| Equity Positions Weight | 95.88 % | 63.90 % |
Royce Total Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Royce . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 7.85 | |||
| Day Typical Price | 7.85 | |||
| Price Action Indicator | 0.01 | |||
| Period Momentum Indicator | 0.02 | |||
| Relative Strength Index | 51.7 |
About Royce Total Buy or Sell Advice
When is the right time to buy or sell Royce Total Return? Buying financial instruments such as Royce Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Royce Total 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.Did You Try This Idea?
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Other Information on Investing in Royce Mutual Fund
Royce Total 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 Total security.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |