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RYHAX Rydex Health Care H Forecast, Technical & Fundamental Analysis

Category Health
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Eli Lilly & Co (NYSE:LLY), Unitedhealth Group (NYSE:UNH), Johnson & Johnson (NYSE:JNJ), Merck & Co (NYSE:MRK), ABBVIE (NYSE:ABBV), Abbott Laboratories (NYSE:ABT), Amgen (NASDAQ:AMGN), Intuitive Surgical (NASDAQ:ISRG).

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 Health Care 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 Health Care Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Health Care Companies and U.S. government securities.

Market Cap

The average market capitalization across the Rydex Health Care H MF is 311.83B. The market cap for tickers in the group ranges from 141.46B to 739.66B. LLY holds the highest valuation in this group at 739.66B. The lowest valued company is ISRG at 141.46B.

Volume

The average weekly volume growth across all stocks in the Rydex Health Care H MF was 54%. For the same stocks of the MF, the average monthly volume growth was 68% and the average quarterly volume growth was 32%

Fundamental Analysis Ratings

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

Valuation Rating: 41
P/E Growth Rating: 48
Price Growth Rating: 48
SMR Rating: 43
Profit Risk Rating: 21
Seasonality Score: 56 (-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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RYHAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, RYHAX has been closely correlated with VHCIX. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if RYHAX jumps, then VHCIX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RYHAX
1D Price
Change %
RYHAX100%
-1.21%
VHCIX - RYHAX
97%
Closely correlated
-1.42%
FSPHX - RYHAX
90%
Closely correlated
-1.52%
SHSAX - RYHAX
88%
Closely correlated
-1.42%
THISX - RYHAX
87%
Closely correlated
-1.80%
JFNIX - RYHAX
87%
Closely correlated
-2.00%
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