Nasdaq 100 2x Strategy Fund Quote
| RYVLX Fund | USD 428.60 12.47 3.00% |
Performance0 of 100
| Odds Of DistressLess than 21
|
Nasdaq 100 is trading at 428.60 as of the 24th of April 2024; that is 3.00 percent up since the beginning of the trading day. The fund's open price was 416.13. Nasdaq 100 has about a 21 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Nasdaq 100 2x Strategy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2022 and ending today, the 24th of April 2024. Click here to learn more.
The fund employs as its investment strategy a program of investing in the common stock of companies that are generally within the capitalization range of the underlying index and derivative instruments. It will invest at least 80 percent of its net assets, plus any borrowings for investment purposes, in financial instruments with economic characteristics that should perform similarly to the securities of companies in the underlying index. More on Nasdaq 100 2x Strategy
Moving together with Nasdaq Mutual Fund
| 0.65 | RYBHX | Sp Midcap 400 | PairCorr |
Moving against Nasdaq Mutual Fund
| 1.0 | RYACX | Inverse Nasdaq 100 | PairCorr |
| 1.0 | RYAIX | Inverse Nasdaq 100 | PairCorr |
| 1.0 | RYALX | Inverse Nasdaq 100 | PairCorr |
| 1.0 | RYAPX | Inverse Nasdaq 100 | PairCorr |
| 0.91 | RYARX | Inverse Sp 500 | PairCorr |
| 0.87 | RYAFX | Inverse Russell 2000 | PairCorr |
| 0.81 | RYAGX | Inverse Mid Cap | PairCorr |
Nasdaq Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nasdaq 100's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nasdaq 100 or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of August 2022 |
| Fiscal Year End | March |
Nasdaq 100 2x Strategy [RYVLX] is traded in USA and was established 24th of April 2024. Nasdaq 100 is listed under Rydex Funds category by Fama And French industry classification. The fund is listed under Trading--Leveraged Equity category and is part of Rydex Funds family. The entity is thematically classified as Emerging Markets Funds. This fund at this time has accumulated 735.68 M in assets with no minimum investment requirementsNasdaq 100 2x is currently producing year-to-date (YTD) return of 1.74%, while the total return for the last 3 years was 5.94%.
Check Nasdaq 100 Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Nasdaq Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Nasdaq Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Nasdaq 100 2x Strategy Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Nasdaq 100 2x Strategy Mutual Fund Constituents
| AAPL | Apple Inc | Stock | Information Technology |
| AMZN | Amazon Inc | Stock | Consumer Discretionary |
| CMCSA | Comcast Corp | Stock | Communication Services |
| CSCO | Cisco Systems | Stock | Information Technology |
| FB | Meta Platforms | Stock | Internet Content & Information |
| GOOG | Alphabet Inc Class C | Stock | Communication Services |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services |
Nasdaq 100 Target Price Odds Analysis
Based on a normal probability distribution, the odds of Nasdaq 100 jumping above the current price in 90 days from now is about 92.65%. The Nasdaq 100 2x Strategy probability density function shows the probability of Nasdaq 100 mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 2.2043 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Nasdaq 100 will likely underperform. Additionally, nasdaq 100 2x Strategy has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Nasdaq 100 to move above the current price in 90 days from now is about 92.65 (This Nasdaq 100 2x Strategy probability density function shows the probability of Nasdaq Mutual Fund to fall within a particular range of prices over 90 days) .
Nasdaq 100 2x Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nasdaq 100 market risk premium is the additional return an investor will receive from holding Nasdaq 100 long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nasdaq 100. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Nasdaq 100's alpha and beta are two of the key measurements used to evaluate Nasdaq 100's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.65 | |||
| Semi Deviation | 2.02 | |||
| Standard Deviation | 2.1 | |||
| Variance | 4.41 |
Nasdaq 100 Against Markets
Picking the right benchmark for Nasdaq 100 mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nasdaq 100 mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nasdaq 100 is critical whether you are bullish or bearish towards Nasdaq 100 2x Strategy at a given time. Please also check how Nasdaq 100's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Nasdaq 100 without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Nasdaq Mutual Fund?
Before investing in Nasdaq 100, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nasdaq 100. To buy Nasdaq 100 fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nasdaq 100. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Nasdaq 100 fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Nasdaq 100 2x Strategy fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Nasdaq 100 2x Strategy fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Nasdaq 100 2x Strategy, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Nasdaq 100 2x Strategy?
The danger of trading Nasdaq 100 2x Strategy is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nasdaq 100 is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nasdaq 100. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nasdaq 100 2x is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Nasdaq 100 2x Strategy. 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 bureau of economic analysis. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.