Transportation Fund Class Fund Net Asset

RYCNX Fund  USD 45.44  0.84  1.88%   
Transportation Fund Class fundamentals help investors to digest information that contributes to Transportation Fund's financial success or failures. It also enables traders to predict the movement of Transportation Mutual Fund. The fundamental analysis module provides a way to measure Transportation Fund's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Transportation Fund mutual fund.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Transportation Fund Class Mutual Fund Net Asset Analysis

Transportation Fund's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Net Asset

 = 

Current Market Value

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Current Liabilities

More About Net Asset | All Equity Analysis

Current Transportation Fund Net Asset

    
  19.07 M  
Most of Transportation Fund's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Transportation Fund Class is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Competition

Based on the recorded statements, Transportation Fund Class has a Net Asset of 19.07 M. This is much higher than that of the Rydex Funds family and significantly higher than that of the Industrials category. The net asset for all United States funds is notably lower than that of the firm.

Transportation Net Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Transportation Fund's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Transportation Fund could also be used in its relative valuation, which is a method of valuing Transportation Fund by comparing valuation metrics of similar companies.
Transportation Fund is currently under evaluation in net asset among similar funds.

Fund Asset Allocation for Transportation Fund

The fund invests 99.72% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (3.47%) .
Asset allocation divides Transportation Fund's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.

Transportation Fundamentals

About Transportation Fund Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Transportation Fund Class's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Transportation Fund using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Transportation Fund Class based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Transportation Mutual Fund

Transportation Fund financial ratios help investors to determine whether Transportation 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 Transportation with respect to the benefits of owning Transportation Fund security.
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