Banking Fund Class Fund Manager Performance Evaluation
| RYKAX Fund | USD 97.70 0.43 0.44% |
The fund shows a Beta (market volatility) of 1.8, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Banking Fund will likely underperform.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Banking Fund Class are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Banking Fund showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio Date | 19th of August 2022 | |
| Expense Ratio | 1.6500 |
Banking |
Banking Fund Relative Risk vs. Return Landscape
If you would invest 8,325 in Banking Fund Class on September 2, 2024 and sell it today you would earn a total of 1,445 from holding Banking Fund Class or generate 17.36% return on investment over 90 days. Banking Fund Class is currently producing 0.2645% returns and takes up 1.7225% volatility of returns over 90 trading days. Put another way, 15% of traded mutual funds are less volatile than Banking, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Banking Fund Current Valuation
Undervalued
Today
Please note that Banking Fund's price fluctuation is very steady at this time. At this time, the entity appears to be undervalued. Banking Fund Class shows a prevailing Real Value of $105.52 per share. The current price of the fund is $97.7. We determine the value of Banking Fund Class 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 Banking Fund is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Banking Mutual Fund. However, Banking Fund's 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 97.7 | Real 105.52 | Hype 97.7 | Naive 98.05 |
The intrinsic value of Banking Fund's 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 Banking Fund's 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.
Estimating the potential upside or downside of Banking Fund Class helps investors to forecast how Banking 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 Banking Fund more accurately as focusing exclusively on Banking Fund's fundamentals will not take into account other important factors: Banking Fund Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banking Fund's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Banking Fund Class, and traders can use it to determine the average amount a Banking Fund's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1536
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | RYKAX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.72 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Banking Fund is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Banking Fund by adding it to a well-diversified portfolio.
Banking Fund Fundamentals Growth
Banking Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Banking Fund, and Banking Fund 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 Banking Mutual Fund performance.
| Price To Earning | 13.69 X | ||||
| Price To Book | 1.09 X | ||||
| Price To Sales | 2.70 X | ||||
| Total Asset | 130 K | ||||
About Banking Fund Performance
Evaluating Banking Fund's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Banking Fund 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 Banking Fund 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 Banking Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It may invest to a significant extent in the securities of Banking Companies that have small to mid-sized capitalizations.Things to note about Banking Fund Class performance evaluation
Checking the ongoing alerts about Banking Fund for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Banking Fund Class help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Banking Fund's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Banking Fund's mutual fund performance include:- Analyzing Banking Fund's 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 Banking Fund's stock is overvalued or undervalued compared to its peers.
- Examining Banking Fund's 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 Banking Fund's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Banking Fund's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Banking Fund's mutual fund. These opinions can provide insight into Banking Fund's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Banking Mutual Fund
Banking Fund financial ratios help investors to determine whether Banking 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 Banking with respect to the benefits of owning Banking Fund security.
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