Basic Materials Fund Manager Performance Evaluation

RYBMX Fund  USD 93.60  0.60  0.65%   
The fund shows a Beta (market volatility) of 0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Basic Materials' returns are expected to increase less than the market. However, during the bear market, the loss of holding Basic Materials is expected to be smaller as well.

Risk-Adjusted Performance

Strong

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Basic Materials Fund are ranked lower than 27 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly fragile primary indicators, Basic Materials showed solid returns over the last few months and may actually be approaching a breakup point.
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Expense Ratio Date1st of August 2025
Expense Ratio1.6400
  

Basic Materials Relative Risk vs. Return Landscape

If you would invest  6,622  in Basic Materials Fund on October 31, 2025 and sell it today you would earn a total of  2,738  from holding Basic Materials Fund or generate 41.35% return on investment over 90 days. Basic Materials Fund is currently producing 0.592% returns and takes up 1.6839% volatility of returns over 90 trading days. Put another way, 15% of traded mutual funds are less volatile than Basic, and 89% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Basic Materials is expected to generate 2.23 times more return on investment than the market. However, the company is 2.23 times more volatile than its market benchmark. It trades about 0.35 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.07 per unit of risk.

Basic Materials Current Valuation

Fairly Valued
Today
93.60
Please note that Basic Materials' price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Basic Materials shows a prevailing Real Value of $95.3 per share. The current price of the fund is $93.6. We determine the value of Basic Materials from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Basic Materials is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Basic Mutual Fund. However, Basic Materials' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  93.6 Real  95.3 Hype  77.23 Naive  96.32
The intrinsic value of Basic Materials' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Basic Materials' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
95.30
Real Value
96.98
Upside
Estimating the potential upside or downside of Basic Materials Fund helps investors to forecast how Basic mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Basic Materials more accurately as focusing exclusively on Basic Materials' fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
77.3986.5495.70
Details
Hype
Prediction
LowEstimatedHigh
75.5577.23102.96
Details
Naive
Forecast
LowNext ValueHigh
94.6496.3298.01
Details
Below is the normalized historical share price chart for Basic Materials Fund extending back to August 31, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Basic Materials stands at 93.60, as last reported on the 29th of January, with the highest price reaching 93.60 and the lowest price hitting 93.60 during the day.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes

Basic Materials Target Price Odds to finish over Current Price

The tendency of Basic Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 93.60 90 days 93.60 
roughly 2.32
Based on a normal probability distribution, the odds of Basic Materials to move above the current price in 90 days from now is roughly 2.32 (This Basic Materials Fund probability density function shows the probability of Basic Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Basic Materials has a beta of 0.2 indicating as returns on the market go up, Basic Materials average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Basic Materials Fund will be expected to be much smaller as well. Additionally Basic Materials Fund has an alpha of 0.4905, implying that it can generate a 0.49 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Basic Materials Price Density   
       Price  

Predictive Modules for Basic Materials

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Basic Materials. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
75.5577.23102.96
Details
Intrinsic
Valuation
LowRealHigh
84.2495.3096.98
Details
Naive
Forecast
LowNextHigh
94.6496.3298.01
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
77.3986.5495.70
Details

Basic Materials Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Basic Materials is not an exception. The market had few large corrections towards the Basic Materials' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Basic Materials Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Basic Materials within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.49
β
Beta against Dow Jones0.20
σ
Overall volatility
9.18
Ir
Information ratio 0.27

Basic Materials Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Basic Materials for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Basic Materials can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Latest headline from news.google.com: as a Liquidity Pulse for Institutional Tactics - Stock Traders Daily
The fund maintains 96.64% of its assets in stocks

Basic Materials Fundamentals Growth

Basic Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Basic Materials, and Basic Materials fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Basic Mutual Fund performance.

About Basic Materials Performance

Evaluating Basic Materials' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Basic Materials has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Basic Materials has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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.

Things to note about Basic Materials performance evaluation

Checking the ongoing alerts about Basic Materials for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Basic Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Latest headline from news.google.com: as a Liquidity Pulse for Institutional Tactics - Stock Traders Daily
The fund maintains 96.64% of its assets in stocks
Evaluating Basic Materials' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Basic Materials' mutual fund performance include:
  • Analyzing Basic Materials' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Basic Materials' stock is overvalued or undervalued compared to its peers.
  • Examining Basic Materials' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Basic Materials' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Basic Materials' management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Basic Materials' mutual fund. These opinions can provide insight into Basic Materials' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Basic Materials' mutual fund performance is not an exact science, and many factors can impact Basic Materials' mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

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.
Equity Valuation
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Risk-Return Analysis
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Pattern Recognition
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Pair Correlation
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