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RYWAX
Mutual Fund ticker: NASDAQ
AS OF
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Price
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Change
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Net Assets
3.18M

RYWAX Rydex S&P SmallCap 600 Pure Growth H Forecast, Technical & Fundamental Analysis

Category SmallGrowth
A.I.Advisor
published Highlights

Industry description

The investment seeks investment results that match, before fees and expenses, the performance of the S&P SmallCap 600 Pure Growth Index for small-cap growth securities on a daily basis. The fund employs as its investment strategy a program of investing in the common stock of companies that are within the capitalization range of the underlying index and derivative instruments. It invests 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 S&P SmallCap 600 Pure Growth H MF is 2.7B. The market cap for tickers in the group ranges from 645.19M to 7.29B. RMBS holds the highest valuation in this group at 7.29B. The lowest valued company is REX at 645.19M.

Volume

The average weekly volume growth across all stocks in the Rydex S&P SmallCap 600 Pure Growth H MF was -50%. For the same stocks of the MF, the average monthly volume growth was -59% and the average quarterly volume growth was -54%

Fundamental Analysis Ratings

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

Valuation Rating: 57
P/E Growth Rating: 32
Price Growth Rating: 53
SMR Rating: 58
Profit Risk Rating: 47
Seasonality Score: 11 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category SmallGrowth

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

Correlation & Price change

A.I.dvisor indicates that over the last year, RYWAX has been closely correlated with WCMNX. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if RYWAX jumps, then WCMNX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RYWAX
1D Price
Change %
RYWAX100%
N/A
WCMNX - RYWAX
86%
Closely correlated
N/A
WCMLX - RYWAX
86%
Closely correlated
N/A
VSGIX - RYWAX
79%
Closely correlated
N/A
VISGX - RYWAX
79%
Closely correlated
N/A
VSGAX - RYWAX
79%
Closely correlated
N/A
More