Dow 2x Strategy Fund Price on November 19, 2024

RYCYX Fund  USD 149.35  3.10  2.03%   
If you're considering investing in Dow Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Dow 2x stands at 149.35, as last reported on the 8th of February, with the highest price reaching 149.35 and the lowest price hitting 149.35 during the day. Dow 2x Strategy secures Sharpe Ratio (or Efficiency) of -0.0206, which denotes the fund had a -0.0206 % return per unit of risk over the last 3 months. Dow 2x Strategy exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dow 2x's Mean Deviation of 1.13, standard deviation of 1.52, and Variance of 2.32 to check the risk estimate we provide.
  
Dow Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0206

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Estimated Market Risk

 1.52
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Dow 2x is not performing at its full potential. However, 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 Dow 2x to a well-diversified portfolio.

Dow 2x Valuation on November 19, 2024

It is possible to determine the worth of Dow 2x on a given historical date. On November 19, 2024 Dow was worth 149.31 at the beginning of the trading date compared to the closed value of 149.31. 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
  150.20    150.20    150.20    150.20    1.00  
11/19/2024
  149.31    149.31    149.31    149.31    1.00  
  150.23    150.23    150.23    150.23    1.00  
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Open Value
149.31
144.74
Downside
149.31
Closing Value
153.88
Upside

Dow 2x Trading Date Momentum on November 19, 2024

On November 20 2024 Dow 2x Strategy was traded for  150.23  at the closing time. The highest daily price throughout the period was 150.23  and the lowest price was  150.23 . There was no trading activity during the period 1.0. Lack of trading volume on 11/20/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.62% . The overall trading delta to current closing price is 7.62% .

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. Rydex Series is traded on NASDAQ Exchange in the United States.

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.
A focus of Dow 2x technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dow 2x trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Dow 2x Period Price Range

Low
February 8, 2025
0.00  NaN%
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 February 8, 2025 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.

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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