Dow 2x Financials
| RYCYX Fund | USD 123.18 0.33 0.27% |
Dow |
Please note that past performance is not an indicator of the future performance of Dow 2x, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Dow 2x Fund Summary
Dow 2x competes with Dow 2x, Dow 2x, Nasdaq-100(r), Ultramid Cap, and Nasdaq-100(r). 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. The fund is non-diversified.Specialization | Trading--Leveraged Equity, Large Blend |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Rydex Dynamic Funds |
| Mutual Fund Family | Rydex Funds |
| Mutual Fund Category | Trading--Leveraged Equity |
| Benchmark | NYSE Composite |
| Phone | 800 820 0888 |
| Currency | USD - US Dollar |
You should never invest in Dow 2x Strategy without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Dow Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Dow 2x's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Dow 2x Key Financial Ratios
Generally speaking, Dow 2x's financial ratios allow both analysts and investors to convert raw data from Dow 2x's financial statements into concise, actionable information that can be used to evaluate the performance of Dow 2x over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Dow 2x Strategy reports annually and quarterly.Dow Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Dow 2x's current stock value. Our valuation model uses many indicators to compare Dow 2x value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dow 2x competition to find correlations between indicators driving Dow 2x's intrinsic value. More Info.Dow 2x Strategy is rated below average in price to earning among similar funds. It is rated fifth largest fund in price to book among similar funds fabricating about 0.17 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Dow 2x Strategy is roughly 5.96 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Dow 2x by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Dow 2x's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Dow 2x's earnings, one of the primary drivers of an investment's value.Dow 2x Strategy Systematic Risk
Dow 2x's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Dow 2x volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Dow 2x Strategy correlated with the market. If Beta is less than 0 Dow 2x generally moves in the opposite direction as compared to the market. If Dow 2x Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Dow 2x Strategy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Dow 2x is generally in the same direction as the market. If Beta > 1 Dow 2x moves generally in the same direction as, but more than the movement of the benchmark.
Dow 2x April 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Dow 2x help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Dow 2x Strategy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Dow 2x Strategy based on widely used predictive technical indicators. In general, we focus on analyzing Dow Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Dow 2x's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.37 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 5.09 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 1.98 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in 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. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.