Covington Investment Advisors Inc. Buys 1,475 Shares of ConocoPhillips
| RYEAX Fund | USD 247.16 1.30 0.53% |
Slightly above 52% of Energy Fund's investor base is interested to short. The analysis of overall sentiment of trading Energy Fund Class mutual fund suggests that many investors are impartial at this time. Energy Fund's investing sentiment can be driven by a variety of factors including economic data, Energy Fund's earnings reports, geopolitical events, and overall market trends.
Energy |
Covington Investment Advisors Inc. lifted its stake in ConocoPhillips by 1.4 percent in the third quarter, according to its most recent Form 13F filing with the Securities Exchange Commission. The firm owned 109,308 shares of the energy producers stock after acquiring an additional 1,475 shares during the quarter. ConocoPhillips accounts for
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Energy Fund Fundamental Analysis
We analyze Energy Fund's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Energy Fund using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Energy 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.
One Year Return
One Year Return Comparative Analysis
Energy Fund is currently under evaluation in one year return among similar funds. One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Energy Fund Class 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 Energy Fund mutual fund to make a market-neutral strategy. Peer analysis of Energy Fund could also be used in its relative valuation, which is a method of valuing Energy Fund by comparing valuation metrics with similar companies.
Peers
Energy Fund Related Equities
| RYSIX | Electronics Fund | 1.55 | ||||
| RYEIX | Energy Fund | 0.53 | ||||
| RYPMX | Precious Metals | 0.51 | ||||
| RYBIX | Basic Materials | 0.50 | ||||
| RYHIX | Health Care | 0.11 |
Other Information on Investing in Energy Mutual Fund
Energy Fund financial ratios help investors to determine whether Energy 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 Energy with respect to the benefits of owning Energy Fund security.
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