Royce Special Equity Fund Buy Hold or Sell Recommendation

RSEFX Fund  USD 18.34  0.02  0.11%   
Assuming the 90 days horizon and your way above-average risk tolerance, our recommendation regarding Royce Special Equity is 'Strong Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Royce Special Equity given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Royce Special Equity, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Royce Special Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note, we conduct extensive research on individual funds such as Royce and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Royce Special Equity. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in census.

Execute Royce Special Buy or Sell Advice

The Royce recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Royce Special Equity. Macroaxis does not own or have any residual interests in Royce Special Equity or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Royce Special's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Royce SpecialBuy Royce Special
Strong Hold

Market Performance

GoodDetails

Volatility

Very steadyDetails

Hype Condition

Under hypedDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Royce Special Equity has a Risk Adjusted Performance of 0.103, Jensen Alpha of 0.116, Total Risk Alpha of (0.07), Sortino Ratio of (0) and Treynor Ratio of 0.9924
Our trade recommendations tool can cross-verify current analyst consensus on Royce Special Equity and to analyze the entity potential to grow in the current economic cycle. Use Royce Special Equity price to book, one year return, as well as the relationship between the One Year Return and cash position weight to ensure your buy or sell decision on Royce Special Equity is adequate.

Royce Special Trading Alerts and Improvement Suggestions

The fund maintains about 19.78% of its assets in cash

Royce Special Returns Distribution Density

The distribution of Royce Special's historical returns is an attempt to chart the uncertainty of Royce Special's future price movements. The chart of the probability distribution of Royce Special daily returns describes the distribution of returns around its average expected value. We use Royce Special Equity price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Royce Special returns is essential to provide solid investment advice for Royce Special.
Mean Return
0.14
Value At Risk
-1.25
Potential Upside
1.73
Standard Deviation
1.06
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Royce Special historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Royce Special Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Royce Special or Royce Investment Partners sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Royce Special's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Royce fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
0.12
β
Beta against Dow Jones0.14
σ
Overall volatility
1.07
Ir
Information ratio -0.0029

Royce Special Volatility Alert

Royce Special Equity exhibits relatively low volatility with skewness of 2.19 and kurtosis of 10.31. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Royce Special's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Royce Special's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Royce Special Fundamentals Vs Peers

Comparing Royce Special's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Royce Special's direct or indirect competition across all of the common fundamentals between Royce Special and the related equities. This way, we can detect undervalued stocks with similar characteristics as Royce Special or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Royce Special's fundamental indicators could also be used in its relative valuation, which is a method of valuing Royce Special by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Royce Special to competition
FundamentalsRoyce SpecialPeer Average
Price To Earning18.74 X6.53 X
Price To Book1.76 X0.74 X
Price To Sales1.00 X0.61 X
Annual Yield0.01 %0.29 %
Year To Date Return9.38 %0.39 %
One Year Return16.89 %4.15 %
Three Year Return5.27 %3.60 %
Five Year Return9.13 %3.24 %
Ten Year Return6.62 %1.79 %
Net Asset804.64 M4.11 B
Last Dividend Paid0.240.65
Cash Position Weight19.78 %10.61 %
Equity Positions Weight80.21 %63.90 %

Royce Special Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Royce . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Royce Special Buy or Sell Advice

When is the right time to buy or sell Royce Special Equity? Buying financial instruments such as Royce Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Royce Special 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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Other Information on Investing in Royce Mutual Fund

Royce Special 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 Special security.
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