MENU
+Compare
RYKIX
Mutual Fund ticker: NASDAQ
AS OF
Aug 28 closing price
Price
$117.74
Change
-$0.10 (-0.08%)
Net Assets
8.84M

RYKIX Rydex Banking Inv Forecast, Technical & Fundamental Analysis

The investment seeks to provide capital appreciation by investing in companies that are involved in the banking sector, including commercial banks (and their holding companies) and savings and loan institutions ("Banking Companies")... Show more

Category: #Financial
Interact to see
Advertisement
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are JPMorgan Chase & Co (NYSE:JPM), Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC), Citigroup (NYSE:C), Capital One Financial (NYSE:COF), PNC Financial Services Group (NYSE:PNC), US Bancorp (NYSE:USB), Bank of New York Mellon Corp (NYSE:BK).

Industry description

The investment seeks to provide capital appreciation by investing in companies that are involved in the banking sector, including commercial banks (and their holding companies) and savings and loan institutions ("Banking Companies"). The fund invests substantially all (at least 80%) of its net assets in equity securities of Banking 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 Banking Companies that have small to mid-sized capitalizations.

Market Cap

The average market capitalization across the Rydex Banking Inv MF is 215.12B. The market cap for tickers in the group ranges from 60.33B to 827.87B. JPM holds the highest valuation in this group at 827.87B. The lowest valued company is TFC at 60.33B.

Volume

The average weekly volume growth across all stocks in the Rydex Banking Inv MF was 8%. For the same stocks of the MF, the average monthly volume growth was 25% and the average quarterly volume growth was -48%

Fundamental Analysis Ratings

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

Valuation Rating: 81
P/E Growth Rating: 100
Price Growth Rating: 23
SMR Rating: 100
Profit Risk Rating: 36
Seasonality Score: -52 (-100 ... +100)
View a ticker or compare two or three
Interact to see
Advertisement
A.I. Advisor
published General Information

General Information

Category Financial

Profile
Fundamentals
Details
Category
Financial
Address
Rydex Series Funds9601 Blackwell Road,Suite 500Rockville
Phone
N/A
Web
www.rydex-sgi.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
STOCK / NAMEPrice $Chg $Chg %
PHAR14.590.62
+4.43%
Pharming Group NV
FLUT308.603.26
+1.07%
Flutter Entertainment plc
INGM19.67-0.13
-0.66%
Ingram Micro Holding Corp
EPOW0.89-0.01
-0.79%
Sunrise New Energy Co Ltd
TLSA1.83-0.02
-1.08%
Tiziana Life Sciences Ltd

RYKIX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, RYKIX has been closely correlated with FIDSX. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if RYKIX jumps, then FIDSX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RYKIX
1D Price
Change %
RYKIX100%
N/A
FIDSX - RYKIX
95%
Closely correlated
N/A
VFAIX - RYKIX
92%
Closely correlated
N/A
FIDAX - RYKIX
92%
Closely correlated
N/A
FIDCX - RYKIX
91%
Closely correlated
N/A
JFIFX - RYKIX
91%
Closely correlated
N/A
More