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RYVIX
Mutual Fund ticker: NASDAQ
AS OF
Dec 24 closing price
Price
$221.03
Change
+$2.58 (+1.18%)
Net Assets
6.09M

RYVIX Rydex Energy Services Inv Forecast, Technical & Fundamental Analysis

Category Energy
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Schlumberger Limited (NYSE:SLB), Halliburton Company (NYSE:HAL).

Industry description

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

Market Cap

The average market capitalization across the Rydex Energy Services Inv MF is 19.86B. The market cap for tickers in the group ranges from 4.8B to 79.1B. SLB holds the highest valuation in this group at 79.1B. The lowest valued company is PTEN at 4.8B.

Volume

The average weekly volume growth across all stocks in the Rydex Energy Services Inv MF was -69%. For the same stocks of the MF, the average monthly volume growth was -58% and the average quarterly volume growth was -45%

Fundamental Analysis Ratings

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

Valuation Rating: 44
P/E Growth Rating: 73
Price Growth Rating: 72
SMR Rating: 51
Profit Risk Rating: 65
Seasonality Score: 31 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Energy

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

Correlation & Price change

A.I.dvisor indicates that over the last year, RYVIX has been closely correlated with FANAX. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if RYVIX jumps, then FANAX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RYVIX
1D Price
Change %
RYVIX100%
+1.18%
FANAX - RYVIX
89%
Closely correlated
+0.84%
FAGNX - RYVIX
89%
Closely correlated
+0.82%
FIKAX - RYVIX
89%
Closely correlated
+0.84%
VENAX - RYVIX
86%
Closely correlated
+0.79%
FSENX - RYVIX
84%
Closely correlated
+0.83%
More