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RYRRX
Mutual Fund ticker: NASDAQ
AS OF
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Price
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Change
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Net Assets
27.06M

RYRRX Rydex Russell 2000 A Forecast, Technical & Fundamental Analysis

Category SmallBlend
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Chord Energy Corp (NASDAQ:CHRD).

Industry description

The investment seeks to provide investment results that match, before fees and expenses, the performance of the Russell 2000® Index on a daily basis. The fund employs as its investment strategy a program of investing in the common stock of companies that are generally within the capitalization range of the underlying index, ETFs and derivative instruments. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies in the underlying index and derivatives and other instruments whose performance is expected to correspond to that of the underlying index. The fund is non-diversified.

Market Cap

The average market capitalization across the Rydex Russell 2000 A MF is 7.03B. The market cap for tickers in the group ranges from 6.69B to 15.48B. SMCI holds the highest valuation in this group at 15.48B. The lowest valued company is CHRD at 6.69B.

Volume

The average weekly volume growth across all stocks in the Rydex Russell 2000 A MF was 2%. For the same stocks of the MF, the average monthly volume growth was -7% and the average quarterly volume growth was 78%

Fundamental Analysis Ratings

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

Valuation Rating: 68
P/E Growth Rating: 56
Price Growth Rating: 54
SMR Rating: 53
Profit Risk Rating: 42
Seasonality Score: 15 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category SmallBlend

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

Correlation & Price change

A.I.dvisor indicates that over the last year, RYRRX has been closely correlated with FSSNX. These tickers have moved in lockstep 77% of the time. This A.I.-generated data suggests there is a high statistical probability that if RYRRX jumps, then FSSNX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RYRRX
1D Price
Change %
RYRRX100%
N/A
FSSNX - RYRRX
77%
Closely correlated
-0.22%
NAESX - RYRRX
75%
Closely correlated
-0.20%
VSCPX - RYRRX
75%
Closely correlated
-0.20%
VSCIX - RYRRX
75%
Closely correlated
-0.20%
VSMAX - RYRRX
75%
Closely correlated
-0.19%