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RYMIX Rydex Telecommunications Inv Forecast, Technical & Fundamental Analysis

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Cisco Systems (NASDAQ:CSCO), Verizon Communications (NYSE:VZ), Comcast Corp (NASDAQ:CMCSA), AT&T (NYSE:T), Arista Networks (NYSE:ANET), Juniper Networks (NYSE:JNPR).

Industry description

The investment seeks to provide capital appreciation. The fund invests substantially all (at least 80%) of its net assets in equity securities of Telecommunications 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 Telecommunications Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Telecommunications Companies and U.S. government securities. It is non-diversified.

Market Cap

The average market capitalization across the Rydex Telecommunications Inv MF is 108.02B. The market cap for tickers in the group ranges from 11.16B to 202.5B. CSCO holds the highest valuation in this group at 202.5B. The lowest valued company is FFIV at 11.16B.

Volume

The average weekly volume growth across all stocks in the Rydex Telecommunications Inv MF was 24%. For the same stocks of the MF, the average monthly volume growth was 56% and the average quarterly volume growth was 59%

Fundamental Analysis Ratings

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

Valuation Rating: 51
P/E Growth Rating: 36
Price Growth Rating: 29
SMR Rating: 47
Profit Risk Rating: 45
Seasonality Score: 20 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Communications

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

Correlation & Price change

A.I.dvisor indicates that over the last year, RYMIX has been closely correlated with FIJGX. These tickers have moved in lockstep 73% of the time. This A.I.-generated data suggests there is a high statistical probability that if RYMIX jumps, then FIJGX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RYMIX
1D Price
Change %
RYMIX100%
-1.32%
FIJGX - RYMIX
73%
Closely correlated
+0.18%
FSTCX - RYMIX
73%
Closely correlated
+0.18%
VTCAX - RYMIX
58%
Loosely correlated
-1.96%
FGKMX - RYMIX
54%
Loosely correlated
-1.86%
FGJMX - RYMIX
54%
Loosely correlated
-1.87%
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