Dow 2x Strategy Fund Price on November 1, 2024
| RYCYX Fund | USD 161.39 0.91 0.57% |
Below is the normalized historical share price chart for Dow 2x Strategy extending back to June 21, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Dow 2x stands at 161.39, as last reported on the 27th of November, with the highest price reaching 161.39 and the lowest price hitting 161.39 during the day.
If you're considering investing in Dow Mutual Fund, it is important to understand the factors that can impact its price. Dow 2x appears to be very steady, given 3 months investment horizon. Dow 2x Strategy secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the fund had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Dow 2x Strategy, which you can use to evaluate the volatility of the entity. Please utilize Dow 2x's Coefficient Of Variation of 628.64, mean deviation of 1.13, and Downside Deviation of 1.29 to check if our risk estimates are consistent with your expectations.
Dow Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Dow |
Sharpe Ratio = 0.1595
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Estimated Market Risk
| 1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Dow 2x is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Dow 2x by adding it to a well-diversified portfolio.
Dow 2x Valuation on November 1, 2024
It is possible to determine the worth of Dow 2x on a given historical date. On November 1, 2024 Dow was worth 142.4 at the beginning of the trading date compared to the closed value of 142.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dow 2x mutual fund. Still, in general, we apply an absolute valuation method to find Dow 2x's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Dow 2x where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dow 2x's related companies.
| Open | High | Low | Close | Volume | |
| 140.58 | 140.58 | 140.58 | 140.58 | 1.00 | |
11/01/2024 | 142.40 | 142.40 | 142.40 | 142.40 | 1.00 |
| 140.64 | 140.64 | 140.64 | 140.64 | 1.00 |
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Dow 2x Trading Date Momentum on November 1, 2024
| On November 04 2024 Dow 2x Strategy was traded for 140.64 at the closing time. The highest daily price throughout the period was 140.64 and the lowest price was 140.64 . There was no trading activity during the period 1.0. Lack of trading volume on 11/04/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.24% . The overall trading delta to current closing price is 10.60% . |
Dow 2x Strategy Fundamentals Correlations and Trends
By evaluating Dow 2x's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Dow 2x's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dow financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dow 2x Mutual Fund history
Dow 2x investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Dow is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dow 2x Strategy will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Dow 2x stock prices may prove useful in developing a viable investing in Dow 2x
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.
Dow 2x Mutual Fund Technical Analysis
Dow 2x technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Dow 2x Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Dow 2x Strategy cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Dow 2x November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Dow 2x mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dow 2x shares will generate the highest return on investment. By undertsting and applying Dow 2x mutual fund market strength indicators, traders can identify Dow 2x Strategy entry and exit signals to maximize returns
Dow 2x Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dow 2x's price direction in advance. Along with the technical and fundamental analysis of Dow Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dow to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1266 | |||
| Jensen Alpha | 0.2306 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0886 | |||
| Treynor Ratio | 13.15 |
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Dow Mutual Fund
Dow 2x financial ratios help investors to determine whether Dow 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 Dow with respect to the benefits of owning Dow 2x security.
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