Pinnacle Family Advisors LLC Takes 409,000 Position in First Trust Nasdaq Cybersecurity ETF
| RYFNX Fund | USD 89.63 0.63 0.71% |
Slightly above 52% of Financial Services' investor base is interested to short. The analysis of overall sentiment of trading Financial Services Fund mutual fund suggests that many investors are impartial at this time. Financial Services' investing sentiment can be driven by a variety of factors including economic data, Financial Services' earnings reports, geopolitical events, and overall market trends.
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Pinnacle Family Advisors LLC acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 6,899 shares of the companys stock, valued at approximately 409,000. A number of other hedge funds have also added to or reduced their stakes
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Financial Services Fundamental Analysis
We analyze Financial Services' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Financial Services using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Financial Services 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.
Net Asset
Net Asset Comparative Analysis
Financial Services is currently under evaluation in net asset among similar funds. Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Financial Services 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 Financial Services mutual fund to make a market-neutral strategy. Peer analysis of Financial Services could also be used in its relative valuation, which is a method of valuing Financial Services by comparing valuation metrics with similar companies.
Peers
Financial Services Related Equities
| RYACX | Inverse Nasdaq | 1.60 | ||||
| RYBKX | Banking Fund | 1.20 | ||||
| RYBAX | Basic Materials | 0.78 | ||||
| RYBMX | Basic Materials | 0.77 | ||||
| RYBCX | Basic Materials | 0.76 | ||||
| RYBHX | Sp Midcap | 0.31 | ||||
| RYABX | Government Long | 0.1 | ||||
| RYBOX | Biotechnology Fund | 0.13 | ||||
| RYBIX | Basic Materials | 0.78 | ||||
| RYAIX | Inverse Nasdaq-100 | 1.60 |
Other Information on Investing in Financial Mutual Fund
Financial Services financial ratios help investors to determine whether Financial 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 Financial with respect to the benefits of owning Financial Services security.
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