Basic Materials Fund Technical Analysis
| RYBAX Fund | USD 86.62 -0.56 -0.64% |
As of the 12th of March 2026, BASIC MATERIALS trades at 86.62 per share. Key technical indicators include Downside Deviation of 2.33, mean deviation of 1.38, and Risk Adjusted Performance of 0.1569. The technical model evaluates historical price movement, trading volume, and volatility patterns to quantify trend strength. Current values are evaluated relative to sector peers and historical ranges.
BASIC MATERIALS Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as BASIC, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BASICBASIC |
BASIC MATERIALS 'What if' Analysis
Running a what-if backtest on Basic Materials Fund gives investors a practical way to test how changes in horizon, position size, or market timing might have affected the result. Used properly, this review helps investors decide whether BASIC MATERIALS's historical reward profile was stable enough to support the current thesis.
| 12/12/2025 |
| 03/12/2026 |
If you invested 0.00 in BASIC MATERIALS on December 12, 2025 and closed the position today, you would earn 0.00 in total gains. That corresponds to a 0.0% return on investment in BASIC MATERIALS overall over 90 days. BASIC MATERIALS is related to or competes with BASIC MATERIALS, BASIC MATERIALS, UTILITIES FUND, Cullen Value, Applied Finance, First Trust, and TANAKA GROWTH. Peer context helps frame relative positioning. The fund invests substantially all of its net assets in equity securities of Basic Materials Companies that are traded i... More
BASIC MATERIALS Upside and Downside Indicators Overview
Upside and downside indicators for BASIC MATERIALS summarize momentum balance and potential range context for the fund. They compare current price to recent trend and sentiment readings.
| Downside Deviation | 2.33 | |||
| Information Ratio | 0.1998 | |||
| Maximum Drawdown | 15.43 | |||
| Value At Risk | -3.65 | |||
| Potential Upside | 2.61 |
BASIC MATERIALS Market Risk Indicators Overview
Market risk indicators summarize volatility and return dispersion for BASIC MATERIALS. The metrics rely on historical prices to describe variability over time.| Risk Adjusted Performance | 0.1569 | |||
| Jensen Alpha | 0.4246 | |||
| Total Risk Alpha | 0.4578 | |||
| Sortino Ratio | 0.181 | |||
| Treynor Ratio | 0.3533 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BASIC MATERIALS's price to converge to an average value over time is called mean reversion.
BASIC MATERIALS Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1569 | |||
| Market Risk Adjusted Performance | 0.3633 | |||
| Mean Deviation | 1.38 | |||
| Semi Deviation | 1.82 | |||
| Downside Deviation | 2.33 | |||
| Coefficient Of Variation | 513.71 | |||
| Standard Deviation | 2.11 | |||
| Variance | 4.46 | |||
| Information Ratio | 0.1998 | |||
| Jensen Alpha | 0.4246 | |||
| Total Risk Alpha | 0.4578 | |||
| Sortino Ratio | 0.181 | |||
| Treynor Ratio | 0.3533 | |||
| Maximum Drawdown | 15.43 | |||
| Value At Risk | -3.65 | |||
| Potential Upside | 2.61 | |||
| Downside Variance | 5.43 | |||
| Semi Variance | 3.33 | |||
| Expected Short fall | -1.44 | |||
| Skewness | 0.6084 | |||
| Kurtosis | 6.1 |
Basic Materials Backtested Returns
BASIC MATERIALS appears to exhibit a very low volatility profile over the selected 3 months investment horizon. It exhibits a Sharpe Ratio of 0.18, capturing return dispersion relative to standard deviation. Algorithmic screening detected twenty-seven volatility-sensitive metrics. Please review metrics such as Downside Deviation of 2.33, mean deviation of 1.38, and risk-adjusted performance of 0.1569 to confirm whether our risk estimates align with your expectations. The fund has a beta of 1.13, which means a somewhat significant risk relative to the market. BASIC MATERIALS returns are very sensitive to returns on the market. As the market goes up or down, BASIC MATERIALS is expected to follow.
Auto-correlation | 0.29 |
Poor predictability
Basic Materials Fund exhibits poor predictability. Autocorrelation measures the degree of predictability between BASIC MATERIALS time series from 12th of December 2025 to 26th of January 2026 and from 26th of January 2026 to 12th of March 2026. The stronger the relationship between the current interval and its lagged values, the more accurately future price behavior of Basic Materials may be projected. A serial correlation of 0.29 indicates that nearly 29.0% of current BASIC MATERIALS price fluctuations can be explained by its historical price movements.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 7.63 |
BASIC MATERIALS technical mutual fund analysis uses price and volume transformations to study behavior. Typical tools include moving averages, relative strength index, regressions, and price correlations.
Basic Materials Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Basic Materials volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About BASIC MATERIALS Technical Analysis
Technical analysis of BASIC MATERIALS focuses on NAV trend behavior and volatility patterns where pricing frequency permits. Trend persistence provides context for directional stability. Cycle exposure remains aligned with broader market trends. 
Ellen Johnson · Member of Macroaxis Editorial Board
Unless otherwise specified, financial data for Basic Materials Fund is derived from periodic company reporting (annual and quarterly where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on asset type. Updates may occur throughout the day.
BASIC Mutual Fund is Curated By:
Ellen Johnson · Member of Macroaxis Editorial BoardBASIC MATERIALS Technical Indicators
A technical review of Basic Materials Fund can improve timing discipline by comparing momentum, reversal risk, and confirmation signals across several time horizons. The stronger process confirms one signal with others instead of reacting to one pattern in isolation.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1569 | |||
| Market Risk Adjusted Performance | 0.3633 | |||
| Mean Deviation | 1.38 | |||
| Semi Deviation | 1.82 | |||
| Downside Deviation | 2.33 | |||
| Coefficient Of Variation | 513.71 | |||
| Standard Deviation | 2.11 | |||
| Variance | 4.46 | |||
| Information Ratio | 0.1998 | |||
| Jensen Alpha | 0.4246 | |||
| Total Risk Alpha | 0.4578 | |||
| Sortino Ratio | 0.181 | |||
| Treynor Ratio | 0.3533 | |||
| Maximum Drawdown | 15.43 | |||
| Value At Risk | -3.65 | |||
| Potential Upside | 2.61 | |||
| Downside Variance | 5.43 | |||
| Semi Variance | 3.33 | |||
| Expected Short fall | -1.44 | |||
| Skewness | 0.6084 | |||
| Kurtosis | 6.1 |
BASIC MATERIALS March 12, 2026 Daily Trend Indicators
A technical review of Basic Materials Fund can improve timing discipline by comparing momentum, reversal risk, and confirmation signals across several time horizons. The stronger process confirms one signal with others instead of reacting to one pattern in isolation.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | -Huge | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 86.62 | ||
| Day Typical Price | 86.62 | ||
| Price Action Indicator | -0.28 |