Commodities Strategy Fund Quote
| RYMJX Fund | USD 17.42 0.09 0.52% |
Performance11 of 100
| Odds Of DistressLess than 18
|
Commodities Strategy is trading at 17.42 as of the 24th of April 2024; that is 0.52 percent increase since the beginning of the trading day. The fund's open price was 17.33. Commodities Strategy has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Commodities Strategy Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
The fund seeks exposure to the performance of the commodities markets. It will invest in exchange-traded products, including investment companies and commodity pools, that provide exposure to the commodities markets and in commodity-linked derivative instruments, which primarily consist of swap agreements, commodity options, and futures and options on futures. More on Commodities Strategy Fund
Moving together with Commodities Mutual Fund
| 0.9 | RYBCX | Basic Materials | PairCorr |
| 0.92 | RYBAX | Basic Materials | PairCorr |
| 0.9 | RYBMX | Basic Materials | PairCorr |
| 0.77 | RYBHX | Sp Midcap 400 | PairCorr |
| 0.9 | RYBIX | Basic Materials | PairCorr |
Moving against Commodities Mutual Fund
| 0.67 | RYABX | Government Long Bond | PairCorr |
| 0.63 | RYAGX | Inverse Mid Cap | PairCorr |
| 0.6 | RYBOX | Biotechnology Fund Class | PairCorr |
| 0.55 | RYARX | Inverse Sp 500 | PairCorr |
Commodities 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. Commodities Strategy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Commodities Strategy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Rydex Funds, Large Blend Funds, Commodities Broad Basket Funds, Commodities Broad Basket, Rydex Funds (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of May 2023 |
| Fiscal Year End | December |
Commodities Strategy Fund [RYMJX] is traded in USA and was established 24th of April 2024. Commodities Strategy is listed under Rydex Funds category by Fama And French industry classification. The fund is listed under Commodities Broad Basket category and is part of Rydex Funds family. This fund at this time has accumulated 5.95 M in assets with minimum initial investment of 2.5 K. Commodities Strategy is currently producing year-to-date (YTD) return of 12.64% with the current yeild of 0.11%, while the total return for the last 3 years was 14.57%.
Check Commodities Strategy 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 Commodities 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 Commodities 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 Commodities Strategy Fund 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 Commodities Strategy Fund Mutual Fund Constituents
| GIYIX | Guggenheim Ultra Short | Mutual Fund | Ultrashort Bond |
| RYIFX | Guggenheim Managed Futures | Mutual Fund | Systematic Trend |
Commodities Strategy Target Price Odds Analysis
Based on a normal probability distribution, the odds of Commodities Strategy jumping above the current price in 90 days from now is about 7.66%. The Commodities Strategy Fund probability density function shows the probability of Commodities Strategy mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Commodities Strategy has a beta of 0.0478 indicating as returns on the market go up, Commodities Strategy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Commodities Strategy Fund will be expected to be much smaller as well. Additionally, commodities Strategy Fund has an alpha of 0.136, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Commodities Strategy to move above the current price in 90 days from now is about 7.66 (This Commodities Strategy Fund probability density function shows the probability of Commodities Mutual Fund to fall within a particular range of prices over 90 days) .
Commodities Strategy Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Commodities Strategy market risk premium is the additional return an investor will receive from holding Commodities Strategy 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 Commodities Strategy. 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 Commodities Strategy's alpha and beta are two of the key measurements used to evaluate Commodities Strategy's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6327 | |||
| Semi Deviation | 0.6123 | |||
| Standard Deviation | 0.7725 | |||
| Variance | 0.5968 |
Commodities Strategy Against Markets
Picking the right benchmark for Commodities Strategy 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 Commodities Strategy 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 Commodities Strategy is critical whether you are bullish or bearish towards Commodities Strategy Fund at a given time. Please also check how Commodities Strategy'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 Commodities Strategy 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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| All Next | Launch Module |
How to buy Commodities Mutual Fund?
Before investing in Commodities Strategy, 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 Commodities Strategy. To buy Commodities Strategy fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Commodities Strategy. 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 Commodities Strategy fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Commodities Strategy Fund 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 Commodities Strategy Fund 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 Commodities Strategy Fund, 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 Commodities Strategy Fund?
The danger of trading Commodities Strategy Fund 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 Commodities Strategy 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 Commodities Strategy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Commodities 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 Commodities Strategy Fund. 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 inflation. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.