Finance Students in Semifinals of Global Investment Competition - IIT Today
| RYBAX Fund | USD 63.51 0.46 0.72% |
Slightly above 61% of Basic Materials' investor base is looking to short. The analysis of overall sentiment of trading Basic Materials Fund mutual fund suggests that many investors are alarmed at this time. Basic Materials' investing sentiment can be driven by a variety of factors including economic data, Basic Materials' earnings reports, geopolitical events, and overall market trends.
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Finance Students in Semifinals of Global Investment Competition IIT Today
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Basic Materials Fundamental Analysis
We analyze Basic Materials' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Basic Materials using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Basic Materials 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.
Year To Date Return
Year To Date Return Comparative Analysis
Basic Materials is currently under evaluation in year to date return among similar funds. Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Basic Materials Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Basic Materials mutual fund to make a market-neutral strategy. Peer analysis of Basic Materials could also be used in its relative valuation, which is a method of valuing Basic Materials by comparing valuation metrics with similar companies.
Peers
Basic Materials Related Equities
| RYEAX | Energy Fund | 0.11 |
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| RYCAX | Consumer Products | 0.34 |
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| RYVAX | Energy Services | 0.34 |
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| RYHAX | Health Care | 0.63 |
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| RYKAX | Banking Fund | 0.95 |
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Other Information on Investing in Basic Mutual Fund
Basic Materials financial ratios help investors to determine whether Basic 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 Basic with respect to the benefits of owning Basic Materials security.
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