Japan 2x Strategy Fund Quote

RYJTX Fund  USD 135.81  0.18  0.13%   

Performance

13 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 36

 
100  
 
Zero
Below Average
Japan 2x is trading at 135.81 as of the 26th of February 2024; that is 0.13 percent up since the beginning of the trading day. The fund's open price was 135.63. Japan 2x has about a 36 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Japan 2x Strategy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of January 2024 and ending today, the 26th of February 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 securities of companies in the underlying index and derivatives and other instruments whose performance is expected to correspond to that of the underlying index. More on Japan 2x Strategy

Moving together with Japan Mutual Fund

  0.73RYDKX Dow Jones IndustrialPairCorr

Moving against Japan Mutual Fund

  0.74RYCDX Rydex Inverse Nasdaq-100PairCorr
  0.65RYCWX Inverse Dow 2xPairCorr

Japan 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. Japan 2x's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Japan 2x or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationRydex Funds, Large Blend Funds, Trading--Leveraged Equity Funds, Trading--Leveraged Equity, Rydex Funds (View all Sectors)
Update Date31st of December 2023
Japan 2x Strategy [RYJTX] is traded in USA and was established 26th of February 2024. Japan 2x 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. This fund at this time has accumulated 3.83 M in assets with no minimum investment requirementsJapan 2x Strategy is currently producing year-to-date (YTD) return of 14.55% with the current yeild of 0.0%, while the total return for the last 3 years was -13.63%.
Check Japan 2x 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 Japan 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 Japan 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 Japan 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 Japan 2x Strategy Mutual Fund Constituents

GIYIXGuggenheim Ultra ShortMutual FundUltrashort Bond
RYIFXGuggenheim Managed FuturesMutual FundSystematic Trend
More Details

Japan 2x Target Price Odds Analysis

Based on a normal probability distribution, the odds of Japan 2x jumping above the current price in 90 days from now is near 1%. The Japan 2x Strategy probability density function shows the probability of Japan 2x 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 1.6683 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, Japan 2x will likely underperform. Additionally, the company has an alpha of 0.0816, implying that it can generate a 0.0816 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 135.81HorizonTargetOdds Above 135.81
99.64%90 days
 135.81 
0.35%
Based on a normal probability distribution, the odds of Japan 2x to move above the current price in 90 days from now is near 1 (This Japan 2x Strategy probability density function shows the probability of Japan Mutual Fund to fall within a particular range of prices over 90 days) .

Japan 2x Strategy Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Japan 2x market risk premium is the additional return an investor will receive from holding Japan 2x 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 Japan 2x. 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 Japan 2x's alpha and beta are two of the key measurements used to evaluate Japan 2x's performance over the market, the standard measures of volatility play an important role as well.

Japan 2x Against Markets

Picking the right benchmark for Japan 2x 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 Japan 2x 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 Japan 2x is critical whether you are bullish or bearish towards Japan 2x Strategy at a given time. Please also check how Japan 2x'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 Japan 2x 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.

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How to buy Japan Mutual Fund?

Before investing in Japan 2x, 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 Japan 2x. To buy Japan 2x fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Japan 2x. 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 Japan 2x fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Japan 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 Japan 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 Japan 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 Japan 2x Strategy?

The danger of trading Japan 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 Japan 2x 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 Japan 2x. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Japan 2x Strategy 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 Japan 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 employment.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running Japan 2x's price analysis, check to measure Japan 2x's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Japan 2x is operating at the current time. Most of Japan 2x's value examination focuses on studying past and present price action to predict the probability of Japan 2x's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Japan 2x's price. Additionally, you may evaluate how the addition of Japan 2x to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Japan 2x's value and its price as these two are different measures arrived at by different means. Investors typically determine if Japan 2x is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Japan 2x's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.