UPDATE 1-Bayer under investor pressure to speed up CEO changeover
| RYBCX Fund | USD 55.73 0.28 0.50% |
Slightly above 53% of Basic Materials' investor base is interested to short. The analysis of overall sentiment of trading Basic Materials Fund mutual fund suggests that many investors are impartial at this time. Basic Materials' investing sentiment can be driven by a variety of factors including economic data, Basic Materials' earnings reports, geopolitical events, and overall market trends.
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A top-10 shareholder of Bayer on Tuesday called on the groups supervisory board head to replace chief executive Werner Baumann quickly, adding to investor pressure to restore trust and revive the German drugmakers sagging share price. Despite recent improvements in the companys agriculture business and drug development prospects, Bayer shares have been weighed down by legacy litigation woes from the 2018 takeover of Monsanto. When it comes to CEO succession we say the sooner the better, Markus Manns, a portfolio manager at Union Investment, one of Bayers 10 biggest shareholders, told Reuters.
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Basic Materials Fundamental Analysis
We analyze Basic Materials' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Basic Materials using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Basic Materials based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Total Asset
Total Asset Comparative Analysis
Basic Materials is currently under evaluation in total asset among similar funds. Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Basic Materials Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Basic Materials mutual fund to make a market-neutral strategy. Peer analysis of Basic Materials could also be used in its relative valuation, which is a method of valuing Basic Materials by comparing valuation metrics with similar companies.
Peers
Basic Materials Related Equities
| RYECX | Energy Fund | 0.96 | ||||
| RYVCX | Energy Services | 0.54 | ||||
| RYBAX | Basic Materials | 0.53 | ||||
| RYBIX | Basic Materials | 0.36 | ||||
| RYCCX | Nasdaq-100(r) | 1.92 |
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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