Transportation Fund Financials
| RYPIX Fund | USD 57.57 0.88 1.55% |
Transportation |
Please note that past performance is not an indicator of the future performance of Transportation Fund, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Transportation Fund Fund Summary
Transportation Fund competes with Health Care, Financial Services, Technology Fund, Banking Fund, and Retailing Fund. Under normal circumstances, the fund invests substantially all of its net assets in equity securities of Transportation 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 Transportation Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts to gain exposure to foreign Transportation Companies and U.S. government securities.Specialization | Industrials, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Rydex Series Funds |
| Mutual Fund Family | Rydex Funds |
| Mutual Fund Category | Industrials |
| Benchmark | NYSE Composite |
| Phone | 800 820 0888 |
| Currency | USD - US Dollar |
You should never invest in Transportation Fund Investor without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Transportation Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Transportation Fund's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Transportation Fund Key Financial Ratios
Generally speaking, Transportation Fund's financial ratios allow both analysts and investors to convert raw data from Transportation Fund's financial statements into concise, actionable information that can be used to evaluate the performance of Transportation Fund over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Transportation Fund reports annually and quarterly.Transportation Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Transportation Fund's current stock value. Our valuation model uses many indicators to compare Transportation Fund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Transportation Fund competition to find correlations between indicators driving Transportation Fund's intrinsic value. More Info.Transportation Fund Investor is rated top fund in price to earning among similar funds. It is rated top fund in price to book among similar funds fabricating about 0.18 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Transportation Fund Investor is roughly 5.51 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Transportation Fund by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Transportation Fund's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Transportation Fund's earnings, one of the primary drivers of an investment's value.Transportation Fund Systematic Risk
Transportation Fund's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Transportation Fund volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-five with a total number of output elements of thirty-six. The Beta measures systematic risk based on how returns on Transportation Fund correlated with the market. If Beta is less than 0 Transportation Fund generally moves in the opposite direction as compared to the market. If Transportation Fund Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Transportation Fund is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Transportation Fund is generally in the same direction as the market. If Beta > 1 Transportation Fund moves generally in the same direction as, but more than the movement of the benchmark.
Transportation Fund April 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Transportation Fund help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Transportation Fund Investor. We use our internally-developed statistical techniques to arrive at the intrinsic value of Transportation Fund Investor based on widely used predictive technical indicators. In general, we focus on analyzing Transportation Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Transportation Fund's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.13 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 5.08 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 1.83 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Transportation Fund Investor. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.