Strengthening Dollar 2x Fund Price on December 3, 2024
| RYSDX Fund | USD 64.30 6.22 0.81% |
If you're considering investing in Strengthening Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Strengthening Dollar stands at 67.99, as last reported on the 11th of December 2024, with the highest price reaching 67.99 and the lowest price hitting 67.99 during the day. At this stage we consider Strengthening Mutual Fund to be very steady. Strengthening Dollar owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates the fund had a 0.24% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Strengthening Dollar 2x, which you can use to evaluate the volatility of the fund. Please validate Strengthening Dollar's Coefficient Of Variation of 422.35, risk adjusted performance of 0.1719, and Semi Deviation of 0.4793 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
Strengthening Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Strengthening |
Sharpe Ratio = 0.2368
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | RYSDX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.79 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Strengthening Dollar is performing at about 18% 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 Strengthening Dollar by adding it to a well-diversified portfolio.
Strengthening Dollar Valuation on December 3, 2024
It is possible to determine the worth of Strengthening Dollar on a given historical date. On December 3, 2024 Strengthening was worth 67.49 at the beginning of the trading date compared to the closed value of 67.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Strengthening Dollar mutual fund. Still, in general, we apply an absolute valuation method to find Strengthening Dollar'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 Strengthening Dollar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Strengthening Dollar's related companies.
| Open | High | Low | Close | Volume | |
| 67.56 | 67.56 | 67.56 | 67.56 | 1.00 | |
12/03/2024 | 67.49 | 67.49 | 67.49 | 67.49 | 1.00 |
| 67.48 | 67.48 | 67.48 | 67.48 | 1.00 |
| Backtest Strengthening Dollar | | | Strengthening Dollar History | | | Strengthening Dollar Valuation | Previous | Next |
Strengthening Dollar Trading Date Momentum on December 3, 2024
| On December 04 2024 Strengthening Dollar 2x was traded for 67.48 at the closing time. The highest daily price throughout the period was 67.48 and the lowest price was 67.48 . There was no trading activity during the period 1.0. Lack of trading volume on 12/04/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.01% . The trading price change to current closing price is 0.74% . |
Strengthening Dollar Fundamentals Correlations and Trends
By evaluating Strengthening Dollar'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 Strengthening Dollar's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Strengthening financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Strengthening Dollar Mutual Fund history
Strengthening Dollar 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 Strengthening is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Strengthening Dollar 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 Strengthening Dollar stock prices may prove useful in developing a viable investing in Strengthening Dollar
The fund employs as its investment strategy a program of investing in derivative instruments, which primarily consist of index swaps, futures contracts, and options on securities, securities indices, and futures contracts. Rydex Series is traded on NASDAQ Exchange in the United States.
Strengthening Dollar Mutual Fund Technical Analysis
Strengthening Dollar 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
Strengthening Dollar Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Strengthening Dollar 2x 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.
Strengthening Dollar December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Strengthening Dollar 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 Strengthening Dollar shares will generate the highest return on investment. By undertsting and applying Strengthening Dollar mutual fund market strength indicators, traders can identify Strengthening Dollar 2x entry and exit signals to maximize returns
Strengthening Dollar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Strengthening Dollar's price direction in advance. Along with the technical and fundamental analysis of Strengthening Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Strengthening 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 | 0.1719 | |||
| Jensen Alpha | 0.1489 | |||
| Total Risk Alpha | 0.0518 | |||
| Sortino Ratio | 0.0828 | |||
| Treynor Ratio | 0.7238 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |