In the wake of Old Dominion Freight Line, Inc.s latest US3.7b market cap drop, institutional owners may be forced to take severe actions
| RYCNX Fund | USD 45.59 0.15 0.33% |
Slightly above 54% of Transportation Fund's investor base is interested to short. The analysis of overall sentiment of trading Transportation Fund Class mutual fund suggests that many investors are impartial at this time. Transportation Fund's investing sentiment can be driven by a variety of factors including economic data, Transportation Fund's earnings reports, geopolitical events, and overall market trends.
Transportation |
Key Insights Significantly high institutional ownership implies Old Dominion Freight Lines stock price is sensitive to...
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Transportation Fund Fundamental Analysis
We analyze Transportation Fund'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 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.
Three Year Return
Three Year Return Comparative Analysis
Transportation Fund is currently under evaluation in three year return among similar funds. Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Transportation Fund Class 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 Transportation Fund mutual fund to make a market-neutral strategy. 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 with similar companies.
Peers
Transportation Fund Related Equities
| RYKIX | Banking Fund | 0.95 | ||||
| RYFIX | Financial Services | 0.27 | ||||
| RYHIX | Health Care | 0.26 | ||||
| RYTIX | Technology Fund | 0.07 |
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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