Dow 2x Strategy Fund Buy Hold or Sell Recommendation

RYCYX Fund  USD 132.43  3.12  2.41%   
Assuming the 90 days horizon and your highly speculative risk level, our recommendation regarding Dow 2x Strategy is 'Not Rated'. Macroaxis provides Dow 2x buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Dow 2x positions. The advice algorithm takes into account all of Dow 2x's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Dow 2x's buy or sell advice are summarized below:
Real Value
15.64
Hype Value
0.0
Market Value
132.43
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Dow 2x Strategy given historical horizon and risk tolerance towards Dow 2x. When Macroaxis issues a 'buy' or 'sell' recommendation for Dow 2x Strategy, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Dow 2x Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual funds such as Dow and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Dow 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 manufacturing.

Execute Dow 2x Buy or Sell Advice

The Dow recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Dow 2x Strategy. Macroaxis does not own or have any residual interests in Dow 2x Strategy or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Dow 2x's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Dow 2xBuy Dow 2x
Strong Buy

Market Performance

GoodDetails

Volatility

Very steadyDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Actively responds to the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Dow 2x Strategy has a Risk Adjusted Performance of 0.084, Jensen Alpha of (0.05), Total Risk Alpha of (0.10), Sortino Ratio of 0.0197 and Treynor Ratio of 0.0915
Macroaxis provides advice on Dow 2x Strategy to complement and cross-verify current analyst consensus on Dow 2x Strategy. Our investment recommendation engine determines the fund's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. Use Dow 2x Strategy number of employees and the relationship between the year to date return and five year return to ensure your buy or sell decision on Dow 2x Strategy is adequate.

Dow 2x Trading Alerts and Improvement Suggestions

The fund maintains about 12.16% of its assets in cash

Dow 2x Returns Distribution Density

The distribution of Dow 2x's historical returns is an attempt to chart the uncertainty of Dow 2x's future price movements. The chart of the probability distribution of Dow 2x daily returns describes the distribution of returns around its average expected value. We use Dow 2x Strategy price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Dow 2x returns is essential to provide solid investment advice for Dow 2x.
Mean Return
0.16
Value At Risk
-1.67
Potential Upside
2.02
Standard Deviation
1.12
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Dow 2x historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Dow 2x Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Dow 2x or Rydex Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Dow 2x's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Dow fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.05
β
Beta against NYSE Composite1.62
σ
Overall volatility
1.12
Ir
Information ratio 0.02

Dow 2x Volatility Alert

Dow 2x Strategy has relatively low volatility with skewness of -0.25 and kurtosis of 0.24. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Dow 2x's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Dow 2x's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Dow 2x Fundamentals Vs Peers

Comparing Dow 2x's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Dow 2x's direct or indirect competition across all of the common fundamentals between Dow 2x and the related equities. This way, we can detect undervalued stocks with similar characteristics as Dow 2x or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Dow 2x's fundamental indicators could also be used in its relative valuation, which is a method of valuing Dow 2x by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Dow 2x to competition
FundamentalsDow 2xPeer Average
Price To Earning17.75 X6.53 X
Price To Book2.98 X0.74 X
Price To Sales1.74 X0.61 X
Annual Yield0 %0.29 %
Year To Date Return7.46 %0.39 %
One Year Return40.94 %4.15 %
Three Year Return8.80 %3.60 %
Five Year Return12.69 %3.24 %
Ten Year Return17.56 %1.79 %
Net Asset40.96 M4.11 B
Last Dividend Paid0.390.65
Cash Position Weight12.16 %10.61 %
Equity Positions Weight82.62 %63.90 %

Dow 2x Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Dow . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Dow 2x Buy or Sell Advice

When is the right time to buy or sell Dow 2x Strategy? Buying financial instruments such as Dow Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Dow 2x in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Industrials ETFs Thematic Idea Now

Industrials ETFs
Industrials ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Industrials ETFs theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Industrials ETFs Theme or any other thematic opportunities.
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Check out Dow 2x Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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When running Dow 2x's price analysis, check to measure Dow 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 Dow 2x is operating at the current time. Most of Dow 2x's value examination focuses on studying past and present price action to predict the probability of Dow 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 Dow 2x's price. Additionally, you may evaluate how the addition of Dow 2x to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Dow 2x's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dow 2x is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dow 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.