Royce Opportunity Fund Price To Book
Royce Opportunity Fund fundamentals help investors to digest information that contributes to Royce Opportunity's financial success or failures. It also enables traders to predict the movement of Royce Mutual Fund. The fundamental analysis module provides a way to measure Royce Opportunity's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Royce Opportunity mutual fund.
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Royce Opportunity Fund Mutual Fund Price To Book Analysis
Royce Opportunity's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Royce Opportunity Price To Book | 1.31 X |
Most of Royce Opportunity's fundamental indicators, such as Price To Book, 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, Royce Opportunity Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
CompetitionBased on the latest financial disclosure, Royce Opportunity Fund has a Price To Book of 1.31 times. This is much higher than that of the Category family and notably higher than that of the Family category. The price to book for all United States funds is 77.03% lower than that of the firm.
Royce Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Royce Opportunity's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Royce Opportunity could also be used in its relative valuation, which is a method of valuing Royce Opportunity by comparing valuation metrics of similar companies.Royce Opportunity is currently under evaluation in price to book among similar funds.
Fund Asset Allocation for Royce Opportunity
The fund consists of 90.06% investments in stocks, with the rest of investments allocated between different money market instruments and various exotic instruments.Asset allocation divides Royce Opportunity's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Royce Fundamentals
| Price To Earning | 19.16 X | |||
| Price To Book | 1.31 X | |||
| Price To Sales | 0.53 X | |||
| Total Asset | 1.27 B | |||
| One Year Return | (5.18) % | |||
| Three Year Return | 32.31 % | |||
| Five Year Return | 1.20 % | |||
| Ten Year Return | 8.39 % | |||
| Net Asset | 1.27 B | |||
| Cash Position Weight | 5.94 % | |||
| Equity Positions Weight | 90.06 % |
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.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Other Consideration for investing in Royce Mutual Fund
If you are still planning to invest in Royce Opportunity check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Royce Opportunity's history and understand the potential risks before investing.
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