Mid Cap 15x Strategy Fund Quote
| RYAHX Fund | USD 121.12 0.07 0.06% |
Performance6 of 100
| Odds Of DistressLess than 19
|
Mid Cap is trading at 121.12 as of the 24th of April 2024; that is 0.06 percent increase since the beginning of the trading day. The fund's open price was 121.05. Mid Cap has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Mid Cap 15x Strategy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of February 2024 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 within the capitalization range of the underlying index and derivative instruments. It invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in securities of companies included in the underlying index and derivatives and other instruments whose performance is expected to correspond to that of the underlying index. More on Mid Cap 15x Strategy
Moving together with Mid Mutual Fund
| 0.86 | RYBCX | Basic Materials | PairCorr |
| 0.79 | RYBAX | Basic Materials | PairCorr |
| 0.74 | RYBKX | Banking Fund Class Steady Growth | PairCorr |
| 0.86 | RYBMX | Basic Materials | PairCorr |
| 0.94 | RYBHX | Sp Midcap 400 | PairCorr |
| 0.86 | RYBIX | Basic Materials | PairCorr |
Moving against Mid Mutual Fund
| 1.0 | RYAGX | Inverse Mid Cap | PairCorr |
| 0.94 | RYARX | Inverse Sp 500 | PairCorr |
| 0.84 | RYAFX | Inverse Russell 2000 Potential Growth | PairCorr |
| 0.72 | RYALX | Inverse Nasdaq 100 | PairCorr |
| 0.71 | RYACX | Inverse Nasdaq 100 | PairCorr |
| 0.69 | RYAIX | Inverse Nasdaq 100 | PairCorr |
| 0.69 | RYAPX | Inverse Nasdaq 100 | PairCorr |
Mid 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. Mid Cap's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mid Cap or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Emerging Markets Funds (View all Themes) |
| Fund Concentration | Rydex Funds, Large Funds, Trading--Leveraged Equity Funds, Emerging Markets Funds, Trading--Leveraged Equity, Rydex Funds, Large, Trading--Leveraged Equity (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 19th of August 2022 |
| Fiscal Year End | March |
Mid Cap 15x Strategy [RYAHX] is traded in USA and was established 24th of April 2024. Mid Cap 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 11.2 M in assets with minimum initial investment of 2.5 K. Mid Cap 15x is currently producing year-to-date (YTD) return of 5.57% with the current yeild of 0.0%, while the total return for the last 3 years was 0.3%.
Check Mid Cap 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 Mid 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 Mid 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 Mid Cap 15x 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 Mid Cap 15x Strategy Mutual Fund Constituents
| SBNY | Signature Bank | Pink Sheet | Financials |
| BR | Broadridge Financial Solutions | Stock | Industrials |
| TYL | Tyler Technologies | Stock | Information Technology |
| TECH | Bio Techne Corp | Stock | Health Care |
| GIYIX | Guggenheim Ultra Short | Mutual Fund | Ultrashort Bond |
| SIVB | SVB Financial Group | Stock | Financials |
| RYIFX | Guggenheim Managed Futures | Mutual Fund | Systematic Trend |
Mid Cap Target Price Odds Analysis
Based on a normal probability distribution, the odds of Mid Cap jumping above the current price in 90 days from now is about 44.06%. The Mid Cap 15x Strategy probability density function shows the probability of Mid Cap 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 2.0648 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, Mid Cap will likely underperform. Additionally, mid Cap 15x 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 Mid Cap to move above the current price in 90 days from now is about 44.06 (This Mid Cap 15x Strategy probability density function shows the probability of Mid Mutual Fund to fall within a particular range of prices over 90 days) .
Mid Cap 15x Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Mid Cap market risk premium is the additional return an investor will receive from holding Mid Cap 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 Mid Cap. 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 Mid Cap's alpha and beta are two of the key measurements used to evaluate Mid Cap's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.1 | |||
| Semi Deviation | 1.39 | |||
| Standard Deviation | 1.39 | |||
| Variance | 1.92 |
Mid Cap Against Markets
Picking the right benchmark for Mid Cap 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 Mid Cap 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 Mid Cap is critical whether you are bullish or bearish towards Mid Cap 15x Strategy at a given time. Please also check how Mid Cap'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 Mid Cap 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 Mid Mutual Fund?
Before investing in Mid Cap, 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 Mid Cap. To buy Mid Cap fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Mid Cap. 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 Mid Cap fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Mid Cap 15x 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 Mid Cap 15x 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 Mid Cap 15x 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 Mid Cap 15x Strategy?
The danger of trading Mid Cap 15x 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 Mid Cap 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 Mid Cap. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Mid Cap 15x 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 Mid Cap 15x 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 rate. Note that the Mid Cap 15x information on this page should be used as a complementary analysis to other Mid Cap's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.