Truist Financial Forecasts Strong Price Appreciation for Five Below Stock
RYRLX Fund | USD 141.54 4.59 3.14% |
Slightly above 62% of Russell 2000's investor base is looking to short. The analysis of overall sentiment of trading Russell 2000 2x mutual fund suggests that many investors are alarmed at this time. Russell 2000's investing sentiment can be driven by a variety of factors including economic data, Russell 2000's earnings reports, geopolitical events, and overall market trends.
Russell |
Five Below had its target price lifted by Truist Financial from 88.00 to 118.00 in a report issued on Thursday morning,Benzinga reports. The firm currently has a hold rating on the specialty retailers stock. Other research analysts also recently issued research reports about the stock. KeyCorp downgraded shares of Five Below
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Russell 2000 Fundamental Analysis
We analyze Russell 2000's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Russell 2000 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Russell 2000 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.
Cash Position Weight
Cash Position Weight Comparative Analysis
Russell 2000 is rated below average in cash position weight among similar funds. Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Russell 2000 2x 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 Russell 2000 mutual fund to make a market-neutral strategy. Peer analysis of Russell 2000 could also be used in its relative valuation, which is a method of valuing Russell 2000 by comparing valuation metrics with similar companies.
Peers
Russell 2000 Related Equities
RYROX | Russell 2000 | 1.55 |
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RYRRX | Russell 2000 | 1.56 |
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RYRHX | Russell 2000 | 1.57 |
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RYAKX | Russell 2000 | 2.34 |
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RYCMX | Russell 2000 | 2.35 |
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RYMKX | Russell 2000 | 2.36 |
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RYRSX | Russell 2000 | 3.14 |
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RYRLX | Russell 2000 | 3.14 |
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RYRUX | Russell 2000 | 3.14 |
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Other Information on Investing in Russell Mutual Fund
Russell 2000 financial ratios help investors to determine whether Russell 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 Russell with respect to the benefits of owning Russell 2000 security.
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