Electronics Fund Class Fund Fundamentals
| RYSCX Fund | USD 299.52 2.41 0.81% |
Electronics Fund Class fundamentals help investors to digest information that contributes to Electronics Fund's financial success or failures. It also enables traders to predict the movement of Electronics Mutual Fund. The fundamental analysis module provides a way to measure Electronics Fund's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Electronics Fund mutual fund.
Electronics |
Electronics Fund Class Mutual Fund Price To Earning Analysis
Electronics Fund's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Electronics Fund Price To Earning | 23.58 X |
Most of Electronics Fund's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Electronics Fund Class is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Electronics Fund Class has a Price To Earning of 23.58 times. This is much higher than that of the Rydex Funds family and significantly higher than that of the Technology category. The price to earning for all United States funds is notably lower than that of the firm.
Electronics Fund Class Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Electronics Fund's current stock value. Our valuation model uses many indicators to compare Electronics Fund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Electronics Fund competition to find correlations between indicators driving Electronics Fund's intrinsic value. More Info.Electronics Fund Class 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 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Electronics Fund Class is roughly 7.94 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Electronics Fund by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Electronics 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 Electronics Fund's earnings, one of the primary drivers of an investment's value.Electronics Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Electronics Fund's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Electronics Fund could also be used in its relative valuation, which is a method of valuing Electronics Fund by comparing valuation metrics of similar companies.Electronics Fund is currently under evaluation in price to earning among similar funds.
Fund Asset Allocation for Electronics Fund
The fund invests 99.08% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (4.52%) .Asset allocation divides Electronics Fund's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Electronics Fundamentals
| Price To Earning | 23.58 X | ||||
| Price To Book | 2.97 X | ||||
| Price To Sales | 2.78 X | ||||
| Total Asset | 1.37 M | ||||
| Year To Date Return | 3.82 % | ||||
| One Year Return | 35.38 % | ||||
| Three Year Return | 10.36 % | ||||
| Five Year Return | 22.11 % | ||||
| Ten Year Return | 13.20 % | ||||
| Net Asset | 94 M | ||||
| Cash Position Weight | 4.52 % | ||||
| Equity Positions Weight | 99.08 % |
About Electronics Fund Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Electronics Fund Class's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Electronics Fund using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Electronics Fund Class based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Under normal circumstances, the fund invests substantially all of its net assets in equity securities of Electronics 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 Electronics Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts to gain exposure to foreign Electronics Companies and U.S. government securities. It is non-diversified.
Currently Active Assets on Macroaxis
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Electronics Fund Class. 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 main economic indicators. Note that the Electronics Fund Class information on this page should be used as a complementary analysis to other Electronics Fund's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.