Strengthening Dollar Competition

Mutual Funds USA . 
Fund . Strengthening Dollar 2x
RYSBX Fund  USD 55.00  0.10  0.18%   
Strengthening Dollar competes with Basic Materials, Basic Materials, Banking Fund, Basic Materials, and Sp Midcap; as well as few others. The fund is listed under Trading--Miscellaneous category and is part of Rydex Funds family. Analyzing Strengthening Dollar competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Strengthening Dollar to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Strengthening Dollar Correlation with its peers.

Strengthening Dollar vs Inverse Nasdaq-100 Correlation

Significant diversification

The correlation between Strengthening Dollar 2x and RYAIX is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Strengthening Dollar 2x and RYAIX in the same portfolio, assuming nothing else is changed.

Moving against Strengthening Mutual Fund

  0.69RYBKX Banking Fund ClassPairCorr
  0.68RYAEX Europe 125x StrategyPairCorr
  0.67RYBMX Basic MaterialsPairCorr
  0.64RYBCX Basic MaterialsPairCorr
  0.64RYBAX Basic MaterialsPairCorr
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
54.2755.0055.73
Details
Intrinsic
Valuation
LowRealHigh
54.1854.9155.64
Details
Naive
Forecast
LowNextHigh
54.9455.6756.41
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
55.0055.0055.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Strengthening Dollar. Your research has to be compared to or analyzed against Strengthening Dollar's peers to derive any actionable benefits. When done correctly, Strengthening Dollar's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Strengthening Dollar.

Strengthening Dollar Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Strengthening Dollar and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Strengthening and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Strengthening Dollar does not affect the price movement of the other competitor.

High positive correlations

RYBAX
+ 1.0
RYBCX
RYBIX
+ 1.0
RYBCX
RYBIX
+ 1.0
RYBAX
RYBMX
+ 0.99
RYBCX
RYBMX
+ 0.99
RYBAX
RYBIX
+ 0.99
RYBMX
  

High negative correlations

RYABX
- 0.27
RYBKX
RYABX
- 0.17
RYBOX
RYABX
- 0.02
RYBCX
RYABX
- 0.0
RYBMX
RYABX
- 0.0
RYBAX

Risk-Adjusted Indicators

There is a big difference between Strengthening Mutual Fund performing well and Strengthening Dollar Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Strengthening Dollar's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
RYBCX  1.32  0.60  0.27  0.76  1.37 
(1.57)
 2.60 
(2.14)
 18.07 
RYBAX  1.29  0.56  0.26  0.68  1.44 
(1.52)
 2.61 
(2.13)
 15.43 
RYBKX  0.90  0.21  0.10 (22.55) 1.04 
(0.94)
 2.11 
(1.58)
 7.01 
RYBMX  1.30  0.68  0.27 (1.49) 1.40 
(1.54)
 2.60 
(2.14)
 14.95 
RYBHX  0.83  0.14  0.15  0.23  0.60 
(1.02)
 1.90 
(1.33)
 5.29 
RYBIX  1.26  0.53  0.25  0.64  1.47 
(1.48)
 2.61 
(2.13)
 13.81 
RYBOX  1.18  0.39  0.27 (1.27) 0.62 
(1.42)
 2.57 
(1.48)
 19.38 
RYABX  0.46  0.01 (0.10) 0.11  0.55 
(0.48)
 0.92 
(0.82)
 2.28 
RYACX  0.71  0.02  0.00  0.06  0.00 
 0.00 
 1.94 
(1.38)
 4.23 
RYAIX  0.73 (0.05) 0.00 (1.57) 0.00 
 0.00 
 1.95 
(1.38)
 4.22 

Strengthening Dollar Competitive Analysis

The better you understand Strengthening Dollar competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Strengthening Dollar's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Strengthening Dollar's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
RYSBX RYBCX RYBAX RYBKX RYBMX RYBHX RYBIX RYBOX RYABX RYACX
 0.18 
 55.00 
Strengthening
 0.67 
 76.64 
Basic
 0.67 
 94.54 
Basic
 0.57 
 109.80 
Banking
 0.75 
 98.16 
Basic
 0.49 
 59.11 
RYBHX
 0.67 
 110.80 
Basic
 0.71 
 63.98 
Biotechnology
 0.52 
 105.96 
Government
 0.35 
 89.07 
Inverse
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Weakest
Solid
Solid
Fair
Solid
Good
Solid
Good
Soft
Soft
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Under Valued
Over Valued
Over Valued
Under Valued
Under Valued
Fairly Valued
Fairly Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Strong Buy
Strong Buy
Strong Sell
Hold
Strong Buy
Strong Buy
Cautious Hold
Cautious Hold
Strong Sell
Net Asset
1.35 M
41.35 M
41.35 M
8.97 M
41.35 M
210.8 M
41.35 M
136.15 M
14.91 M
33.7 M
Minimum Initial Investment
N/A
N/A
N/A
2.5 K
2.5 K
N/A
N/A
2.5 K
2.5 K
N/A
Price To Book
N/A
2.17
2.17
1.05
1.36
3.34
2.17
3.49
N/A
N/A
Five Year Return
6.15
11.74
12.57
9.33
13.7
4.45
12.86
2.79
-9.89
-12.66
One Year Return
-11.54
46.47
47.57
22.83
54.55
18.73
47.94
25.97
2.38
-11.53
Last Dividend Paid
0.28
0.54
0.54
2.26
0.54
N/A
0.54
N/A
0.01
0.03
Price To Earning
N/A
18.97
18.97
13.33
16.52
22.77
18.97
18.21
N/A
N/A
Price To Sales
N/A
1.17
1.17
2.59
0.86
1.84
1.17
4.68
N/A
N/A
Cash Position Weight
88.11
2.24
2.24
0.87
3.36
0.74
2.24
1.44
1.95
93.66
Equity Positions Weight
-0.06
99.23
99.23
99.13
96.64
99.53
99.23
98.56
N/A
13.68
Three Year Return
1.25
15.29
16.17
14.62
18.08
14.7
16.45
12.04
-2.98
-18.56
Annual Yield
0.0463
0.0076
0.0063
0.037
0.006
N/A
0.0054
N/A
0.0327
0.0841
Year To Date Return
0.91
19.49
19.63
5.46
22.9
11.03
19.67
3.68
3.16
1.3
Bond Positions Weight
0.97
N/A
N/A
N/A
N/A
N/A
N/A
N/A
52.66
0.27
Ten Year Return
0.29
2.67
3.31
2.57
3.44
8.39
3.7
17.31
9.73
-19.77
Day Typical Price
55.0
76.64
94.54
109.8
98.16
59.11
110.8
63.98
105.96
89.07
Daily Balance Of Power
9.2 T
9.2 T
9.2 T
9.2 T
9.2 T
0
9.2 T
0
9.2 T
9.2 T
Period Momentum Indicator
0.1
0.51
0.63
0.62
0.73
(0.29)
0.74
(0.46)
0.55
0.31
Rate Of Daily Change
1.0
1.01
1.01
1.01
1.01
1.0
1.01
0.99
1.01
1.0
Day Median Price
55.0
76.64
94.54
109.8
98.16
59.11
110.8
63.98
105.96
89.07
Price Action Indicator
0.05
0.26
0.32
0.31
0.36
(0.14)
0.37
(0.23)
0.27
0.15
Relative Strength Index
0.94
82.1
82.29
68.3
82.29
64.33
82.22
67.96
36.35
5.27
Coefficient Of Variation
(1,216)
322.09
309.19
557.15
298.35
469.43
303.44
632.55
1934.41
(3,307)
Mean Deviation
0.5133
1.32
1.29
0.8999
1.3
0.83
1.26
1.18
0.4644
0.7124
Jensen Alpha
(0.07)
0.5991
0.5581
0.2104
0.6809
0.141
0.5325
0.3888
0.0063
0.0171
Total Risk Alpha
(0.14)
0.4408
0.4248
0.0819
0.4419
0.1043
0.4128
0.1177
(0.04)
(0.14)
Sortino Ratio
N/A
0.2749
0.2578
0.096
0.2727
0.1456
0.2472
0.269
(0.1)
N/A
Downside Variance
N/A
4.59
4.59
1.83
4.31
0.851
4.58
1.13
0.3803
N/A
Standard Deviation
0.7115
2.19
1.99
1.22
1.96
1.05
1.88
2.38
0.6015
0.9536
Kurtosis
2.05
12.96
7.49
1.94
6.52
0.8886
5.01
37.58
0.5855
0.5526
Potential Upside
0.831
2.6
2.61
2.11
2.6
1.9
2.61
2.57
0.9227
1.94
Treynor Ratio
3.1
0.7638
0.6823
(22.55)
(1.49)
0.2338
0.6371
(1.27)
0.1143
0.0555
Maximum Drawdown
3.6
18.07
15.43
7.01
14.95
5.29
13.81
19.38
2.28
4.23
Variance
0.5062
4.78
3.94
1.5
3.83
1.11
3.53
5.65
0.3618
0.9093
Market Risk Adjusted Performance
3.11
0.7738
0.6923
(22.54)
(1.48)
0.2438
0.6471
(1.26)
0.1243
0.0655
Risk Adjusted Performance
(0.06)
0.2442
0.2537
0.1411
0.2626
0.1658
0.2582
0.1278
0.0368
(0.02)
Skewness
(0.65)
1.8
0.72
(0.59)
0.4953
0.54
0.0874
5.41
(0.05)
0.2374
Semi Deviation
N/A
1.37
1.44
1.04
1.4
0.603
1.47
0.6176
0.5497
N/A
Information Ratio
(0.21)
0.2694
0.2781
0.106
0.2893
0.1276
0.2817
0.1203
(0.1)
(0.12)
Value At Risk
(1.54)
(2.14)
(2.13)
(1.58)
(2.14)
(1.33)
(2.13)
(1.48)
(0.82)
(1.38)
Expected Short fall
N/A
(1.57)
(1.52)
(0.94)
(1.54)
(1.02)
(1.48)
(1.42)
(0.48)
N/A
Downside Deviation
N/A
2.14
2.14
1.35
2.08
0.9225
2.14
1.06
0.6166
N/A
Semi Variance
N/A
1.88
2.07
1.09
1.96
0.3636
2.17
0.3814
0.3022
N/A

Strengthening Dollar Competition Performance Charts

Five steps to successful analysis of Strengthening Dollar Competition

Strengthening Dollar's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Strengthening Dollar in relation to its competition. Strengthening Dollar's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Strengthening Dollar in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Strengthening Dollar's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Strengthening Dollar, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Strengthening Dollar position

In addition to having Strengthening Dollar 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 Emerging Markets ETFs Thematic Idea Now

Emerging Markets ETFs
Emerging Markets ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Emerging Markets ETFs theme has 37 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 Emerging Markets ETFs Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in Strengthening Mutual Fund

Strengthening Dollar financial ratios help investors to determine whether Strengthening Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Strengthening with respect to the benefits of owning Strengthening Dollar security.
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY