Russell 2000 2x Fund Manager Performance Evaluation
| RYRUX Fund | USD 201.72 1.45 0.72% |
The fund holds a Beta of 2.99, which implies 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, Russell 2000 will likely underperform.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Russell 2000 2x are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Russell 2000 showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio Date | 1st of August 2022 | |
| Expense Ratio | 1.8600 |
Russell |
Russell 2000 Relative Risk vs. Return Landscape
If you would invest 16,038 in Russell 2000 2x on September 3, 2024 and sell it today you would earn a total of 4,134 from holding Russell 2000 2x or generate 25.78% return on investment over 90 days. Russell 2000 2x is currently producing 0.3891% returns and takes up 2.5061% volatility of returns over 90 trading days. Put another way, 22% of traded mutual funds are less volatile than Russell, and 93% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Russell 2000 Current Valuation
Overvalued
Today
Please note that Russell 2000's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Russell 2000 2x holds a recent Real Value of $172.47 per share. The prevailing price of the fund is $201.72. We determine the value of Russell 2000 2x from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Russell 2000 is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Russell Mutual Fund. However, Russell 2000'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 201.72 | Real 172.47 | Hype 201.72 | Naive 204.05 |
The intrinsic value of Russell 2000'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 Russell 2000'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 Russell 2000 2x helps investors to forecast how Russell 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 Russell 2000 more accurately as focusing exclusively on Russell 2000's fundamentals will not take into account other important factors: Russell 2000 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Russell 2000's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Russell 2000 2x, and traders can use it to determine the average amount a Russell 2000'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 = 0.1553
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | RYRUX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.51 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Russell 2000 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 Russell 2000 by adding it to a well-diversified portfolio.
Russell 2000 Fundamentals Growth
Russell Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Russell 2000, and Russell 2000 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 Russell Mutual Fund performance.
| Price To Earning | 19.21 X | ||||
| Price To Book | 1.75 X | ||||
| Price To Sales | 1.04 X | ||||
| Total Asset | 3.2 M | ||||
About Russell 2000 Performance
Evaluating Russell 2000's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Russell 2000 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 Russell 2000 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 employs as its investment strategy a program of investing in the common stock of companies that are generally within the capitalization range of the underlying index, ETFs and derivative instruments. It will invest at least 80 percent of its net assets, plus any borrowings for investment purposes, in financial instruments with economic characteristics that should perform similarly to the securities of companies in the underlying index. The fund is non-diversified.Things to note about Russell 2000 2x performance evaluation
Checking the ongoing alerts about Russell 2000 for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Russell 2000 2x help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -5.0% | |
| Russell 2000 2x maintains about 79.39% of its assets in cash |
- Analyzing Russell 2000'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 Russell 2000's stock is overvalued or undervalued compared to its peers.
- Examining Russell 2000'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 Russell 2000's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Russell 2000's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Russell 2000's mutual fund. These opinions can provide insight into Russell 2000's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Russell Mutual Fund
Russell 2000 financial ratios help investors to determine whether Russell 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 Russell with respect to the benefits of owning Russell 2000 security.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |