Royce Small Financials
| RVVHX Fund | USD 10.23 0.04 0.39% |
Royce |
Please note that past performance is not an indicator of the future performance of Royce Small, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Royce Small Fund Summary
Royce Small competes with Lebenthal Lisanti, Hodges Small, and Oberweis Small. The funds investment adviser invests the funds assets primarily in equity securities of small-cap companies that the adviser believes are trading below its estimate of their current worth. Normally, the fund invests at least 80 percent of its net assets in equity securities of small-cap companies. Although the fund normally focuses on securities of U.S. companies, it may invest up to 25 percent of its net assets in securities of companies headquartered in foreign countries.Specialization | Small Value, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Royce Fund |
| Mutual Fund Family | Royce Investment Partners |
| Mutual Fund Category | Small Value |
| Benchmark | NYSE Composite |
| Phone | 800 221 4268 |
| Currency | USD - US Dollar |
You should never invest in Royce Small Cap Value without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Royce Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Royce Small's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Royce Small Key Financial Ratios
Generally speaking, Royce Small's financial ratios allow both analysts and investors to convert raw data from Royce Small's financial statements into concise, actionable information that can be used to evaluate the performance of Royce Small over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Royce Small Cap reports annually and quarterly.Royce Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Royce Small's current stock value. Our valuation model uses many indicators to compare Royce Small value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Royce Small competition to find correlations between indicators driving Royce Small's intrinsic value. More Info.Royce Small Cap Value is rated top fund in price to earning among similar funds. It is rated top fund in price to book among similar funds fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Royce Small Cap Value is roughly 8.86 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Royce Small by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Royce Small's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Royce Small's earnings, one of the primary drivers of an investment's value.Royce Small Cap Systematic Risk
Royce Small's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Royce Small volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourty with a total number of output elements of twenty-one. The Beta measures systematic risk based on how returns on Royce Small Cap correlated with the market. If Beta is less than 0 Royce Small generally moves in the opposite direction as compared to the market. If Royce Small Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Royce Small Cap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Royce Small is generally in the same direction as the market. If Beta > 1 Royce Small moves generally in the same direction as, but more than the movement of the benchmark.
Royce Small April 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Royce Small help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Royce Small Cap Value. We use our internally-developed statistical techniques to arrive at the intrinsic value of Royce Small Cap Value based on widely used predictive technical indicators. In general, we focus on analyzing Royce Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Royce Small's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.26 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 5.46 | |||
| Value At Risk | (1.74) | |||
| Potential Upside | 1.81 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royce Small Cap Value. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Royce Small Cap information on this page should be used as a complementary analysis to other Royce Small's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.