Royce Total Return Fund Price To Book
| RTRIX Fund | USD 7.75 0.02 0.26% |
Royce Total Return fundamentals help investors to digest information that contributes to Royce Total's financial success or failures. It also enables traders to predict the movement of Royce Mutual Fund. The fundamental analysis module provides a way to measure Royce Total'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 Royce Total mutual fund.
Royce |
Royce Total Return Mutual Fund Price To Book Analysis
Royce Total's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Royce Total Price To Book | 1.96 X |
Most of Royce Total's fundamental indicators, such as Price To Book, 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, Royce Total Return is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Royce Total Return has a Price To Book of 1.96 times. This is 28.73% lower than that of the Royce family and significantly higher than that of the Small Value category. The price to book for all United States funds is notably lower than that of the firm.
Royce Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Royce Total's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Royce Total could also be used in its relative valuation, which is a method of valuing Royce Total by comparing valuation metrics of similar companies.Royce Total is rated third largest fund in price to book among similar funds.
Fund Asset Allocation for Royce Total
The fund consists of 98.32% investments in stocks, with the rest of investments allocated between bonds, cashand various exotic instruments.Asset allocation divides Royce Total'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.
Royce Fundamentals
| Price To Earning | 37.97 X | ||||
| Price To Book | 1.96 X | ||||
| Price To Sales | 1.15 X | ||||
| Total Asset | 1.55 B | ||||
| Annual Yield | 0.03 % | ||||
| Year To Date Return | 16.17 % | ||||
| One Year Return | 26.24 % | ||||
| Three Year Return | 8.56 % | ||||
| Five Year Return | 10.68 % | ||||
| Ten Year Return | 7.62 % | ||||
| Net Asset | 2.15 B | ||||
| Minimum Initial Investment | 1000 K | ||||
| Last Dividend Paid | 0.02 | ||||
| Cash Position Weight | 1.48 % | ||||
| Equity Positions Weight | 98.32 % | ||||
| Bond Positions Weight | 0.07 % |
About Royce Total Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Royce Total Return's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Royce Total using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Royce Total Return 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Royce Mutual Fund
Royce Total 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 Total security.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |