Financial Services Fund Market Value

RYFAX Fund  USD 81.18  2.21  2.65%   
Financial Services' market value is the price at which a share of Financial Services trades on a public exchange. It measures the collective expectations of Financial Services Fund investors about its performance. Financial Services is trading at 81.18 as of the 10th of March 2025; that is 2.65 percent decrease since the beginning of the trading day. The fund's open price was 83.39.
With this module, you can estimate the performance of a buy and hold strategy of Financial Services Fund and determine expected loss or profit from investing in Financial Services over a given investment horizon. Check out Financial Services Correlation, Financial Services Volatility and Financial Services Alpha and Beta module to complement your research on Financial Services.
Symbol

Please note, there is a significant difference between Financial Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Financial Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Financial Services' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Financial Services 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Financial Services' mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Financial Services.
0.00
09/11/2024
No Change 0.00  0.0 
In 5 months and 30 days
03/10/2025
0.00
If you would invest  0.00  in Financial Services on September 11, 2024 and sell it all today you would earn a total of 0.00 from holding Financial Services Fund or generate 0.0% return on investment in Financial Services over 180 days. Financial Services is related to or competes with Real Estate, Global Real, Tiaa-cref Real, T Rowe, Nexpoint Real, and Blackrock Developed. The fund invests substantially all of its net assets in equity securities of Financial Services Companies that are trade... More

Financial Services Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Financial Services' mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Financial Services Fund upside and downside potential and time the market with a certain degree of confidence.

Financial Services Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Financial Services' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Financial Services' standard deviation. In reality, there are many statistical measures that can use Financial Services historical prices to predict the future Financial Services' volatility.
Hype
Prediction
LowEstimatedHigh
82.3483.3984.44
Details
Intrinsic
Valuation
LowRealHigh
82.7483.7984.84
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Financial Services. Your research has to be compared to or analyzed against Financial Services' peers to derive any actionable benefits. When done correctly, Financial Services' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Financial Services.

Financial Services Backtested Returns

Financial Services secures Sharpe Ratio (or Efficiency) of -0.0885, which denotes the fund had a -0.0885 % return per unit of risk over the last 3 months. Financial Services Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Financial Services' Variance of 1.05, mean deviation of 0.7178, and Standard Deviation of 1.02 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.84, which means possible diversification benefits within a given portfolio. As returns on the market increase, Financial Services' returns are expected to increase less than the market. However, during the bear market, the loss of holding Financial Services is expected to be smaller as well.

Auto-correlation

    
  0.28  

Poor predictability

Financial Services Fund has poor predictability. Overlapping area represents the amount of predictability between Financial Services time series from 11th of September 2024 to 10th of December 2024 and 10th of December 2024 to 10th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Financial Services price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Financial Services price fluctuation can be explain by its past prices.
Correlation Coefficient0.28
Spearman Rank Test0.4
Residual Average0.0
Price Variance4.33

Financial Services lagged returns against current returns

Autocorrelation, which is Financial Services mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Financial Services' mutual fund expected returns. We can calculate the autocorrelation of Financial Services returns to help us make a trade decision. For example, suppose you find that Financial Services has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Financial Services regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Financial Services mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Financial Services mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Financial Services mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Financial Services Lagged Returns

When evaluating Financial Services' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Financial Services mutual fund have on its future price. Financial Services autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Financial Services autocorrelation shows the relationship between Financial Services mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Financial Services Fund.
   Regressed Prices   
       Timeline  

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 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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