Electronics Fund Financial Statements From 2010 to 2024
| RYSCX Fund | USD 312.82 7.70 2.52% |
Check Electronics Fund financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Electronics main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Electronics financial statements analysis is a perfect complement when working with Electronics Fund Valuation or Volatility modules.
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.About Electronics Fund Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Electronics Fund income statement, its balance sheet, and the statement of cash flows. Electronics Fund investors use historical funamental indicators, such as Electronics Fund's revenue or net income, to determine how well the company is positioned to perform in the future. Although Electronics Fund investors may use each financial statement separately, they are all related. The changes in Electronics Fund's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Electronics Fund's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Electronics Fund Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Electronics Fund. Please read more on our technical analysis and fundamental analysis pages.
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Electronics Fund in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Electronics Fund's short interest history, or implied volatility extrapolated from Electronics Fund options trading.
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Check out the analysis of Electronics Fund Correlation against competitors. 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 Transaction History module to view history of all your transactions and understand their impact on performance.