Energy Services Competition

Mutual Funds . USA . 
Fund . Energy Services Fund
RYVCX Fund  USD 173.38  0.62  0.36%   
Energy Services competes with Basic Materials, Basic Materials, Banking Fund, Basic Materials, and Sp Midcap; as well as few others. The fund is listed under Equity Energy category and is part of Rydex Funds family. Analyzing Energy Services competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Energy Services to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Energy Services Correlation with its peers.
For more information on how to buy Energy Mutual Fund please use our How to Invest in Energy Services guide.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Energy Services competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Energy Services' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
171.51173.38175.25
Details
Intrinsic
Valuation
LowRealHigh
147.24149.11190.72
Details

Energy Services Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Energy Services and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Energy and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Energy Services does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
RYBAX
+ 1.0
RYBCX
RYBMX
+ 1.0
RYBCX
RYBIX
+ 1.0
RYBCX
RYBMX
+ 1.0
RYBAX
RYBIX
+ 1.0
RYBAX
RYBIX
+ 1.0
RYBMX
  
High negative correlations   
RYABX
- 0.44
RYBKX
RYAIX
- 0.34
RYBKX
RYACX
- 0.3
RYBKX

Risk-Adjusted Indicators

There is a big difference between Energy Mutual Fund performing well and Energy Services Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Energy Services' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
RYBCX  1.41 (0.32) 0.00 (0.26) 0.00 
 0.00 
 1.68 
(1.89)
 33.38 
RYBAX  1.32 (0.30) 0.00 (0.25) 0.00 
 0.00 
 1.68 
(1.89)
 29.01 
RYBKX  1.09  0.00  0.02  0.03  1.39 
(1.32)
 2.40 
(2.37)
 14.68 
RYBMX  1.30 (0.29) 0.00 (0.25) 0.00 
 0.00 
 1.67 
(1.90)
 28.12 
RYBHX  1.39 (0.22) 0.00 (0.12) 0.00 
 0.00 
 1.76 
(1.85)
 29.80 
RYBIX  1.25 (0.28) 0.00 (0.24) 0.00 
 0.00 
 1.68 
(1.89)
 26.03 
RYBOX  1.62 (0.32) 0.00 (0.21) 0.00 
 0.00 
 1.52 
(4.13)
 33.76 
RYABX  0.83 (0.20) 0.00  4.15  0.00 
 0.00 
 1.55 
(1.83)
 5.15 
RYACX  0.85 (0.22) 0.00  0.33  0.00 
 0.00 
 1.59 
(1.84)
 9.08 
RYAIX  0.81 (0.18) 0.00  0.28  0.00 
 0.00 
 1.61 
(1.87)
 7.35 
All Fundamental Data

Energy Services Competitive Analysis

The better you understand Energy Services competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Energy Services' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Energy Services' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
RYVCX RYBCX RYBAX RYBKX RYBMX RYBHX RYBIX RYBOX RYABX RYACX
 0.36 
 173.38 
Energy
 0.04 
 53.42 
Basic
 0.03 
 63.97 
Basic
 0.29 
 90.35 
Banking
 0.03 
 66.61 
Basic
 0.66 
 50.08 
RYBHX
 0.03 
 73.77 
Basic
 0.38 
 55.78 
Biotechnology
 0.1 
 20.91 
Government
 1.33 
 10.41 
Inverse
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Not too volatile
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Very Weak
Insignificant
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Under Valued
Under Valued
Fairly Valued
Under Valued
Under Valued
Under Valued
Over Valued
Fairly Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Buy
Strong Buy
Strong Buy
Strong Buy
Strong Buy
Strong Buy
Strong Buy
Strong Buy
Strong Hold
Cautious Hold
Net Asset
34.66 M
32.83 M
32.83 M
10.89 M
32.83 M
28.41 M
32.83 M
117.21 M
71.41 M
21.35 M
Minimum Initial Investment
N/A
N/A
N/A
2.5 K
2.5 K
N/A
N/A
2.5 K
2.5 K
N/A
Price To Book
0.81
2.17
2.17
1.05
1.36
3.34
2.17
3.49
N/A
N/A
Five Year Return
-1.13
7.11
7.91
5.01
7.8
8.84
8.19
2.31
-10.35
-20.33
One Year Return
-12.62
-0.66
0.0745
25.51
-1.89
18.54
0.34
6.29
-11.38
-18.67
Last Dividend Paid
1.84
0.54
0.54
2.26
0.54
N/A
0.54
N/A
0.01
0.03
Price To Earning
9.07
18.97
18.97
13.33
16.52
22.77
18.97
18.21
N/A
N/A
Price To Sales
1.03
1.17
1.17
2.59
0.86
1.84
1.17
4.68
N/A
N/A
Cash Position Weight
0.33
2.24
2.24
0.87
3.36
0.74
2.24
1.44
1.95
93.66
Equity Positions Weight
99.81
99.23
99.23
99.13
96.64
99.53
99.23
98.56
N/A
13.68
Three Year Return
10.39
0.45
1.2
3.26
0.0403
3.31
1.46
-3.03
-19.65
-9.52
Annual Yield
N/A
0.0257
0.0219
0.0123
0.0211
N/A
0.0193
N/A
0.0243
0.063
Year To Date Return
0.49
3.32
4.06
23.06
2.95
16.9
4.32
2.61
0.33
0.21
Bond Positions Weight
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
52.66
0.27
Ten Year Return
-15.64
2.67
3.31
2.57
3.44
8.39
3.7
17.31
9.73
-19.77
Daily Balance Of Power
9.2 T
(9,223,372,036,855)
(9,223,372,036,855)
9.2 T
(9,223,372,036,855)
9.2 T
(9,223,372,036,855)
9.2 T
(9,223,372,036,855)
(9,223,372,036,855)
Day Typical Price
173.38
53.42
63.97
90.35
66.61
50.08
73.77
55.78
20.91
10.41
Period Momentum Indicator
0.62
(0.02)
(0.02)
0.26
(0.02)
0.33
(0.02)
0.21
(0.02)
(0.14)
Rate Of Daily Change
1.0
1.0
1.0
1.0
1.0
1.01
1.0
1.0
1.0
0.99
Day Median Price
173.38
53.42
63.97
90.35
66.61
50.08
73.77
55.78
20.91
10.41
Price Action Indicator
0.31
(0.01)
(0.01)
0.13
(0.01)
0.16
(0.01)
0.11
(0.01)
(0.07)
Coefficient Of Variation
(1,822)
(1,290)
(1,227)
2578.64
(1,212)
(2,000)
(1,182)
(1,418)
(555.10)
(571.35)
Mean Deviation
1.37
1.41
1.32
1.09
1.3
1.39
1.25
1.62
0.8323
0.847
Jensen Alpha
(0.16)
(0.32)
(0.30)
(0)
(0.29)
(0.22)
(0.28)
(0.32)
(0.20)
(0.22)
Total Risk Alpha
(0.20)
(0.44)
(0.40)
(0.02)
(0.39)
(0.31)
(0.37)
(0.43)
(0.25)
(0.30)
Sortino Ratio
N/A
N/A
N/A
0.0181
N/A
N/A
N/A
N/A
N/A
N/A
Downside Variance
N/A
N/A
N/A
2.13
N/A
N/A
N/A
N/A
N/A
N/A
Standard Deviation
1.94
3.52
3.09
1.84
3.0
3.24
2.8
3.72
1.09
1.32
Kurtosis
6.6
17.95
17.12
13.6
16.91
16.24
16.39
16.93
0.9357
8.22
Potential Upside
2.33
1.68
1.68
2.4
1.67
1.76
1.68
1.52
1.55
1.59
Treynor Ratio
(0.09)
(0.26)
(0.25)
0.0326
(0.25)
(0.12)
(0.24)
(0.21)
4.15
0.3278
Maximum Drawdown
13.03
33.38
29.01
14.68
28.12
29.8
26.03
33.76
5.15
9.08
Variance
3.75
12.42
9.56
3.37
9.03
10.52
7.85
13.86
1.18
1.75
Market Risk Adjusted Performance
(0.08)
(0.25)
(0.24)
0.0426
(0.24)
(0.11)
(0.23)
(0.20)
4.16
0.3378
Risk Adjusted Performance
(0.04)
(0.05)
(0.06)
0.0367
(0.06)
(0.03)
(0.06)
(0.05)
(0.14)
(0.14)
Skewness
1.32
(0.92)
(1.11)
2.15
(1.15)
(0.80)
(1.24)
(0.19)
0.0074
(1.20)
Semi Deviation
N/A
N/A
N/A
1.39
N/A
N/A
N/A
N/A
N/A
N/A
Information Ratio
(0.08)
(0.09)
(0.1)
0.0144
(0.1)
(0.06)
(0.10)
(0.08)
(0.22)
(0.21)
Value At Risk
(3.34)
(1.89)
(1.89)
(2.37)
(1.90)
(1.85)
(1.89)
(4.13)
(1.83)
(1.84)
Expected Short fall
N/A
N/A
N/A
(1.32)
N/A
N/A
N/A
N/A
N/A
N/A
Downside Deviation
N/A
N/A
N/A
1.46
N/A
N/A
N/A
N/A
N/A
N/A
Semi Variance
N/A
N/A
N/A
1.94
N/A
N/A
N/A
N/A
N/A
N/A

Energy Services Competition Performance Charts

Five steps to successful analysis of Energy Services Competition

Energy Services' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Energy Services in relation to its competition. Energy Services' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Energy Services in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Energy Services' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Energy Services, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Energy Services position

In addition to having Energy Services in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Utilities Thematic Idea Now

Utilities
Utilities Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Utilities Theme or any other thematic opportunities.
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Other Information on Investing in Energy Mutual Fund

Energy Services financial ratios help investors to determine whether Energy Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Energy with respect to the benefits of owning Energy Services security.
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