Energy Services Fund Market Value

RYVIX Fund  USD 197.99  6.43  3.15%   
Energy Services' market value is the price at which a share of Energy Services trades on a public exchange. It measures the collective expectations of Energy Services Fund investors about its performance. Energy Services is trading at 197.99 as of the 15th of March 2025; that is 3.15 percent down since the beginning of the trading day. The fund's open price was 204.42.
With this module, you can estimate the performance of a buy and hold strategy of Energy Services Fund and determine expected loss or profit from investing in Energy Services over a given investment horizon. Check out Energy Services Correlation, Energy Services Volatility and Energy Services Alpha and Beta module to complement your research on Energy Services.
For more information on how to buy Energy Mutual Fund please use our How to Invest in Energy Services guide.
Symbol

Please note, there is a significant difference between Energy Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy 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.

Energy 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 Energy 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 Energy Services.
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12/15/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/15/2025
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If you would invest  0.00  in Energy Services on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Energy Services Fund or generate 0.0% return on investment in Energy Services over 90 days. Energy Services is related to or competes with Energy Fund, Basic Materials, Electronics Fund, Health Care, and Precious Metals. Under normal circumstances, the fund invests substantially all of its net assets in equity securities of Energy Services... More

Energy 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 Energy 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 Energy Services Fund upside and downside potential and time the market with a certain degree of confidence.

Energy Services Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Energy Services' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Energy Services' standard deviation. In reality, there are many statistical measures that can use Energy Services historical prices to predict the future Energy Services' volatility.
Hype
Prediction
LowEstimatedHigh
196.32197.99199.66
Details
Intrinsic
Valuation
LowRealHigh
178.19204.48206.15
Details

Energy Services Backtested Returns

Energy Services secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the fund had a -0.13 % return per unit of risk over the last 3 months. Energy Services Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Energy Services' Variance of 2.88, mean deviation of 1.32, and Standard Deviation of 1.7 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.15, which means not very significant fluctuations relative to the market. As returns on the market increase, Energy Services' returns are expected to increase less than the market. However, during the bear market, the loss of holding Energy Services is expected to be smaller as well.

Auto-correlation

    
  -0.66  

Very good reverse predictability

Energy Services Fund has very good reverse predictability. Overlapping area represents the amount of predictability between Energy Services time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Energy Services price movement. The serial correlation of -0.66 indicates that around 66.0% of current Energy Services price fluctuation can be explain by its past prices.
Correlation Coefficient-0.66
Spearman Rank Test-0.81
Residual Average0.0
Price Variance162.12

Energy Services lagged returns against current returns

Autocorrelation, which is Energy 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 Energy Services' mutual fund expected returns. We can calculate the autocorrelation of Energy Services returns to help us make a trade decision. For example, suppose you find that Energy 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  

Energy 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 Energy Services mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Energy 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 Energy Services mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Energy Services Lagged Returns

When evaluating Energy Services' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Energy Services mutual fund have on its future price. Energy 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, Energy Services autocorrelation shows the relationship between Energy Services mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Energy Services Fund.
   Regressed Prices   
       Timeline  

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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 Energy Mutual Fund

Energy Services 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 Services security.
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