Royce Smaller Competition

Mutual Funds . USA . 
Fund . Royce Smaller Companies Growth
RVPIX Fund  USD 8.39  0.09  1.06%   
Royce Smaller Companies competes with Royce Opportunity, Royce Opportunity, Royce Opportunity, Royce Premier, and Royce Pennsylvania; as well as few others. The fund is listed under Small Growth category and is part of Royce family. Analyzing Royce Smaller competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Royce Smaller to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Royce Smaller Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Royce Smaller competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
7.058.399.73
Details
Intrinsic
Valuation
LowRealHigh
7.268.609.94
Details

Royce Smaller Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Royce Smaller and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Royce and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Royce Smaller Companies does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Royce Mutual Fund performing well and Royce Smaller Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Royce Smaller's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
ROFCX  1.04 (0.07)(0.01) 0.05  1.60 
(1.24)
 2.39 
(1.59)
 14.10 
ROFIX  1.04 (0.07) 0.00  0.05  1.60 
(1.17)
 2.29 
(1.58)
 14.06 
ROFRX  1.04 (0.07)(0.01) 0.05  1.61 
(1.16)
 2.34 
(1.56)
 14.16 
RPFIX  0.92 (0.14) 0.00 (0.02) 0.00 
 0.00 
 2.02 
(1.44)
 12.75 
RPMIX  0.91 (0.15) 0.00 (0.01) 0.00 
 0.00 
 1.92 
(1.41)
 13.78 
RPRCX  0.92 (0.15) 0.00 (0.02) 0.00 
 0.00 
 2.06 
(1.42)
 12.66 
RSEIX  0.91 (0.20) 0.00 (0.05) 0.00 
 0.00 
 1.68 
(1.26)
 19.95 
RSQCX  0.90 (0.19) 0.00 (0.04) 0.00 
 0.00 
 1.73 
(1.27)
 19.02 
RTRRX  0.92 (0.02) 0.02  0.07  1.30 
(1.14)
 2.32 
(1.56)
 12.59 
RTRIX  0.92 (0.03) 0.01  0.07  1.43 
(1.13)
 2.25 
(1.55)
 13.45 
All Fundamental Data

Royce Smaller Competitive Analysis

The better you understand Royce Smaller competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Royce Smaller's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Royce Smaller's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
RVPIX ROFCX ROFIX ROFRX RPFIX RPMIX RPRCX RSEIX RSQCX RTRRX
 1.06 
 8.39 
Royce
 0.72 
 12.33 
Royce
 0.78 
 16.55 
Royce
 0.78 
 13.95 
Royce
 1.02 
 11.69 
Royce
 0.73 
 9.50 
Royce
 1.15 
 8.59 
Royce
 0.32 
 15.73 
Royce
 0.41 
 14.40 
Royce
 0.35 
 8.45 
Royce
Market Volatility
(90 Days Market Risk)
Not too volatile
Not too volatile
Very steady
Not too volatile
Not too volatile
Not too volatile
Not too volatile
Not too volatile
Not too volatile
Not too volatile
Market Performance
(90 Days Performance)
OK
Weak
Weak
Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Insignificant
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Under Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Under Valued
Under Valued
Under Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Buy
Strong Hold
Strong Hold
Strong Hold
Strong Hold
Strong Hold
Strong Hold
Strong Hold
Strong Hold
Strong Hold
Net Asset
370.27 M
1.28 B
1.28 B
1.28 B
2.28 B
2.12 B
2.28 B
1.4 B
1.4 B
2.15 B
Minimum Initial Investment
N/A
N/A
1000 K
N/A
1000 K
N/A
N/A
1000 K
N/A
N/A
Price To Book
2.75
1.31
1.31
1.31
2.53
2.23
2.53
1.76
1.76
1.96
Five Year Return
11.71
13.13
14.02
13.73
8.33
11.29
7.63
8.8
7.53
9.91
One Year Return
42.38
23.55
20.2
26.55
13.6
23.81
18.39
10.77
12.73
23.54
Last Dividend Paid
N/A
N/A
N/A
N/A
0.13
0.07
0.02
0.28
0.09
0.02
Price To Earning
1.78
3.61
4.76
3.99
8.8
19.98
6.58
17.83
17.03
40.74
Price To Sales
1.79
0.53
0.53
0.53
1.57
1.23
1.57
1.0
1.0
1.15
Cash Position Weight
5.48
4.74
5.6
4.74
8.48
3.76
6.14
16.03
19.78
2.29
Equity Positions Weight
94.52
95.26
94.4
95.26
91.52
96.24
93.86
83.97
80.21
95.88
Three Year Return
1.37
4.19
5.82
5.02
5.14
7.31
4.43
5.3
3.8
7.63
Annual Yield
N/A
N/A
8.0E-4
N/A
0.001
0.0035
N/A
0.014
0.0052
0.0177
Year To Date Return
31.02
14.97
14.72
15.55
8.76
13.79
9.44
7.77
6.97
15.29
Bond Positions Weight
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Ten Year Return
8.96
6.1
7.43
6.6
9.25
8.25
8.01
6.96
5.76
6.84
Daily Balance Of Power
(9,223,372,036,855)
(9,223,372,036,855)
(9,223,372,036,855)
(9,223,372,036,855)
(9,223,372,036,855)
(9,223,372,036,855)
(9,223,372,036,855)
(9,223,372,036,855)
(9,223,372,036,855)
(9,223,372,036,855)
Day Typical Price
8.39
12.33
16.55
13.95
11.69
9.5
8.59
15.73
14.4
8.45
Period Momentum Indicator
(0.09)
(0.09)
(0.13)
(0.11)
(0.12)
(0.07)
(0.10)
(0.05)
(0.06)
(0.03)
Rate Of Daily Change
0.99
0.99
0.99
0.99
0.99
0.99
0.99
1.0
1.0
1.0
Day Median Price
8.39
12.33
16.55
13.95
11.69
9.5
8.59
15.73
14.4
8.45
Price Action Indicator
(0.04)
(0.04)
(0.07)
(0.06)
(0.06)
(0.04)
(0.05)
(0.03)
(0.03)
(0.01)
Coefficient Of Variation
650.53
1816.6
1758.15
1820.94
(11,832)
(41,191)
(9,118)
(3,654)
(3,963)
1169.32
Mean Deviation
0.9689
1.04
1.04
1.04
0.9168
0.9131
0.9221
0.913
0.8954
0.9215
Jensen Alpha
0.0637
(0.07)
(0.07)
(0.07)
(0.14)
(0.15)
(0.15)
(0.20)
(0.19)
(0.02)
Total Risk Alpha
0.0293
(0.12)
(0.12)
(0.12)
(0.21)
(0.21)
(0.21)
(0.32)
(0.30)
(0.07)
Sortino Ratio
0.0814
(0.01)
(0)
(0.01)
N/A
N/A
N/A
N/A
N/A
0.0173
Downside Variance
1.67
3.01
3.01
3.03
N/A
N/A
N/A
N/A
N/A
2.29
Standard Deviation
1.34
1.64
1.64
1.65
1.52
1.55
1.5
2.06
1.97
1.48
Kurtosis
2.78
11.0
10.92
11.0
16.65
15.82
16.23
35.89
33.6
8.97
Potential Upside
2.09
2.39
2.29
2.34
2.02
1.92
2.06
1.68
1.73
2.32
Treynor Ratio
0.1337
0.0487
0.0505
0.0486
(0.02)
(0.01)
(0.02)
(0.05)
(0.04)
0.0747
Maximum Drawdown
9.04
14.1
14.06
14.16
12.75
13.78
12.66
19.95
19.02
12.59
Variance
1.78
2.69
2.7
2.71
2.3
2.4
2.26
4.24
3.87
2.18
Market Risk Adjusted Performance
0.1437
0.0587
0.0605
0.0586
(0.01)
8.0E-4
(0.01)
(0.04)
(0.03)
0.0847
Risk Adjusted Performance
0.116
0.0455
0.0468
0.0454
(0.0009)
0.0036
(0)
(0.01)
(0.01)
0.0671
Skewness
0.3417
(1.22)
(1.24)
(1.22)
(2.61)
(2.11)
(2.54)
(4.79)
(4.49)
(0.37)
Semi Deviation
1.11
1.6
1.6
1.61
N/A
N/A
N/A
N/A
N/A
1.3
Information Ratio
0.0788
(0.01)
(0)
(0.01)
(0.07)
(0.07)
(0.08)
(0.08)
(0.08)
0.0177
Value At Risk
(1.76)
(1.59)
(1.58)
(1.56)
(1.44)
(1.41)
(1.42)
(1.26)
(1.27)
(1.56)
Expected Short fall
(1.07)
(1.24)
(1.17)
(1.16)
N/A
N/A
N/A
N/A
N/A
(1.14)
Downside Deviation
1.29
1.73
1.73
1.74
N/A
N/A
N/A
N/A
N/A
1.51
Semi Variance
1.24
2.57
2.57
2.59
N/A
N/A
N/A
N/A
N/A
1.7

Royce Smaller Competition Performance Charts

Five steps to successful analysis of Royce Smaller Competition

Royce Smaller's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Royce Smaller Companies in relation to its competition. Royce Smaller's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Royce Smaller in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Royce Smaller's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Royce Smaller Companies, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Royce Smaller position

In addition to having Royce Smaller in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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IT
IT Theme
Information Technology (IT) companies and IT service providers across different domains. The IT theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize IT Theme or any other thematic opportunities.
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Other Information on Investing in Royce Mutual Fund

Royce Smaller 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 Smaller security.
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