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RYCFX Rydex Biotechnology C Forecast, Technical & Fundamental Analysis

Category Health
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are ABBVIE (NYSE:ABBV), AstraZeneca PLC (NASDAQ:AZN), Amgen (NASDAQ:AMGN), Gilead Sciences (NASDAQ:GILD), Regeneron Pharmaceuticals (NASDAQ:REGN), Biogen (NASDAQ:BIIB), Illumina (NASDAQ:ILMN), Moderna (NASDAQ:MRNA).

Industry description

The investment seeks to provide capital appreciation. Under normal circumstances, the fund invests substantially all (at least 80%) of its net assets in equity securities of Biotechnology Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It may invest to a significant extent in the securities of Biotechnology Companies that have small to mid-sized capitalizations. The fund is non-diversified.

Market Cap

The average market capitalization across the Rydex Biotechnology C MF is 108.39B. The market cap for tickers in the group ranges from 14.18B to 322.43B. ABBV holds the highest valuation in this group at 322.43B. The lowest valued company is MRNA at 14.18B.

Volume

The average weekly volume growth across all stocks in the Rydex Biotechnology C MF was 58%. For the same stocks of the MF, the average monthly volume growth was 229% and the average quarterly volume growth was 200%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 58
P/E Growth Rating: 44
Price Growth Rating: 55
SMR Rating: 65
Profit Risk Rating: 44
Seasonality Score: 21 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Health

Profile
Fundamentals
Details
Category
Health
Address
Rydex Series Funds9601 Blackwell Road,Suite 500Rockville
Phone
N/A
Web
www.rydex-sgi.com
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RYCFX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, RYCFX has been closely correlated with FBTAX. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if RYCFX jumps, then FBTAX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RYCFX
1D Price
Change %
RYCFX100%
-4.44%
FBTAX - RYCFX
91%
Closely correlated
-4.86%
VHCIX - RYCFX
80%
Closely correlated
-2.17%
JNGLX - RYCFX
79%
Closely correlated
-2.78%
JFNIX - RYCFX
79%
Closely correlated
-2.78%
THISX - RYCFX
78%
Closely correlated
-3.21%
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