Why Alibaba Stock is Rising Today
| RYTIX Fund | USD 233.72 5.04 2.20% |
Slightly above 55% of Technology Fund's investors are presently thinking to get in. The analysis of overall sentiment of trading Technology Fund Investor mutual fund suggests that some investors are interested at this time. Technology Fund's investing sentiment can be driven by a variety of factors including economic data, Technology Fund's earnings reports, geopolitical events, and overall market trends.
Technology |
Shares of Alibaba surged by 8.09, closing at 116.97. This jump was largely driven by the positive sentiment following Nvidias announcement to r
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Technology Fund Fundamental Analysis
We analyze Technology Fund's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Technology Fund using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Technology Fund 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.
Five Year Return
Five Year Return Comparative Analysis
Technology Fund is rated fifth largest fund in five year return among similar funds. Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Technology Fund Investor Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Technology Fund mutual fund to make a market-neutral strategy. Peer analysis of Technology Fund could also be used in its relative valuation, which is a method of valuing Technology Fund by comparing valuation metrics with similar companies.
Peers
Technology Fund Related Equities
| RYMIX | Telecommunications | 2.55 | ||||
| RYTIX | Technology Fund | 2.20 | ||||
| RYHIX | Health Care | 1.43 | ||||
| RYFIX | Financial Services | 1.34 | ||||
| RYKIX | Banking Fund | 1.12 |
Other Information on Investing in Technology Mutual Fund
Technology Fund financial ratios help investors to determine whether Technology 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 Technology with respect to the benefits of owning Technology Fund security.
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