RYDHX Mutual Fund Quote

RYDHX Fund  USD 81.68  0.32  0.39%   
Market Performance
4 of 100
Odds Of Distress
Less than 1
DOW JONES is trading at 81.68 as of the 5th of February 2023; that is -0.39 percent decrease since the beginning of the trading day. The fund's open price was 82.0. DOW JONES has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for DOW JONES INDUSTRIAL are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of February 2021 and ending today, the 5th of February 2023. Click here to learn more.
CUSIP
78356C513
ISIN
US78356C5132
Fiscal Year End
March
The fund 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 DOW JONES INDUSTRIAL

Moving together with DOW JONES

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DOW JONES 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. DOW JONES's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding DOW JONES or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of DOW JONES's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
Startdate8th of July 2022
DOW JONES INDUSTRIAL [RYDHX] is traded in USA and was established 5th of February 2023. The fund is listed under Large Value category and is part of Rydex Funds family. DOW JONES INDUSTRIAL at this time has accumulated 19.27 M in assets with no minimum investment requirements, while the total return for the last 3 years was 7.02%.
Check DOW JONES 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 RYDHX 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 RYDHX 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 DOW JONES INDUSTRIAL 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 DOW JONES INDUSTRIAL Mutual Fund Constituents

DOW JONES Target Price Odds Analysis

Based on a normal probability distribution, the odds of DOW JONES jumping above the current price in 90 days from now is about 25.02%. The DOW JONES INDUSTRIAL probability density function shows the probability of DOW JONES mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon DOW JONES has a beta of 0.8688 indicating DOW JONES INDUSTRIAL market returns are sensitive to returns on the market. As the market goes up or down, DOW JONES is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. DOW JONES INDUSTRIAL is significantly underperforming NYSE Composite.
  Odds Below 81.68HorizonTargetOdds Above 81.68
74.48%90 days
 81.68 
25.02%
Based on a normal probability distribution, the odds of DOW JONES to move above the current price in 90 days from now is about 25.02 (This DOW JONES INDUSTRIAL probability density function shows the probability of RYDHX Mutual Fund to fall within a particular range of prices over 90 days) .

DOW JONES INDUSTRIAL Risk Profiles

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

DOW JONES Against Markets

Picking the right benchmark for DOW JONES 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 DOW JONES 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 DOW JONES is critical whether you are bullish or bearish towards DOW JONES INDUSTRIAL at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in DOW JONES 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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Invested in DOW JONES INDUSTRIAL?

The danger of trading DOW JONES INDUSTRIAL 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 DOW JONES 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 DOW JONES. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile DOW JONES INDUSTRIAL 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.
Additionally, take a look at Your Equity Center. Note that the DOW JONES INDUSTRIAL information on this page should be used as a complementary analysis to other DOW JONES'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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for RYDHX Mutual Fund analysis

When running DOW JONES INDUSTRIAL price analysis, check to measure DOW JONES'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 JONES is operating at the current time. Most of DOW JONES's value examination focuses on studying past and present price action to predict the probability of DOW JONES's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move DOW JONES's price. Additionally, you may evaluate how the addition of DOW JONES to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between DOW JONES's value and its price as these two are different measures arrived at by different means. Investors typically determine DOW JONES value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DOW JONES'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.