Royce Opportunity Fund Analysis
| ROFIX Fund | USD 18.58 0.12 0.65% |
Royce Opportunity's financial leverage is the degree to which the firm utilizes its fixed-income securities and uses equity to finance projects. Companies with high leverage are usually considered to be at financial risk. Royce Opportunity's financial risk is the risk to Royce Opportunity stockholders that is caused by an increase in debt. In other words, with a high degree of financial leverage come high-interest payments, which usually reduce Earnings Per Share (EPS).
Given that Royce Opportunity's debt-to-equity ratio measures a Mutual Fund's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Royce Opportunity is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Royce Opportunity to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Royce Opportunity is said to be less leveraged. If creditors hold a majority of Royce Opportunity's assets, the Mutual Fund is said to be highly leveraged.
Royce Opportunity Fund is undervalued with Real Value of 19.57 and Hype Value of 18.58. The main objective of Royce Opportunity fund analysis is to determine its intrinsic value, which is an estimate of what Royce Opportunity Fund is worth, separate from its market price. There are two main types of Royce Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Royce Opportunity Fund. On the other hand, technical analysis, focuses on the price and volume data of Royce Mutual Fund to identify patterns and trends that may indicate its future price movements.
The Royce Opportunity mutual fund is traded in the USA on NMFQS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
Royce |
Royce Mutual Fund Analysis Notes
The fund maintains about 5.6% of assets in cash. Large To find out more about Royce Opportunity Fund contact the company at 800-221-4268.Royce Opportunity Investment Alerts
| The fund maintains about 5.6% of its assets in cash |
Top Royce Opportunity Fund Mutual Fund Constituents
| NWPX | Northwest Pipe | Stock | |
| EBS | Emergent Biosolutions | Stock | |
| CIEN | Ciena Corp | Stock | |
| MGNI | Magnite | Stock | |
| AMKR | Amkor Technology | Stock | |
| GVA | Granite Construction Incorporated | Stock | |
| CMC | Commercial Metals | Stock | |
| ENVA | Enova International | Stock | |
| OMI | Owens Minor | Stock | |
| FN | Fabrinet | Stock | |
| UIS | Unisys | Stock | |
| LGIH | LGI Homes | Stock | |
| MLI | Mueller Industries | Stock | |
| STC | Stewart Information Services | Stock | |
| MTSI | MACOM Technology Solutions | Stock | |
| KTOS | Kratos Defense Security | Stock | |
| OLN | Olin Corporation | Stock | |
| ACA | Arcosa Inc | Stock | |
| HRI | Herc Holdings | Stock |
Institutional Mutual Fund Holders for Royce Opportunity
Have you ever been surprised when a price of an equity instrument such as Royce Opportunity is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Royce Opportunity Fund backward and forwards among themselves. Royce Opportunity's institutional investor refers to the entity that pools money to purchase Royce Opportunity's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Note, although Royce Opportunity's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses. Royce Opportunity Outstanding Bonds
Royce Opportunity issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Royce Opportunity uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Royce bonds can be classified according to their maturity, which is the date when Royce Opportunity Fund has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Royce Opportunity Predictive Daily Indicators
Royce Opportunity intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Royce Opportunity mutual fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 18.58 | |||
| Day Typical Price | 18.58 | |||
| Price Action Indicator | 0.06 | |||
| Period Momentum Indicator | 0.12 | |||
| Relative Strength Index | 63.31 |
Royce Opportunity Forecast Models
Royce Opportunity's time-series forecasting models are one of many Royce Opportunity's mutual fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Royce Opportunity's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Royce Opportunity Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Royce Opportunity's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Royce Opportunity, which in turn will lower the firm's financial flexibility.Royce Opportunity Corporate Bonds Issued
About Royce Mutual Fund Analysis
Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Royce Opportunity prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Royce shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as Royce Opportunity. By using and applying Royce Mutual Fund analysis, traders can create a robust methodology for identifying Royce entry and exit points for their positions.
The funds investment adviser invests the funds assets primarily in equity securities of small-cap companies in an attempt to take advantage of what the adviser believes are opportunistic situations for undervalued securities. It invests at least 80 percent of its net assets in securities of small-cap companies, under normal circumstances. It may invest in other investment companies that invest in equity securities.
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Other Information on Investing in Royce Mutual Fund
Royce Opportunity financial ratios help investors to determine whether Royce 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 Royce with respect to the benefits of owning Royce Opportunity security.
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