Rydex Inverse Nasdaq 100 Fund Price History
RYCDX Fund | USD 11.56 0.20 1.70% |
Below is the normalized historical share price chart for Rydex Inverse Nasdaq 100 extending back to March 13, 2002. 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 Rydex Inverse stands at 11.56, as last reported on the 1st of December, with the highest price reaching 11.56 and the lowest price hitting 11.56 during the day.
If you're considering investing in Rydex Mutual Fund, it is important to understand the factors that can impact its price. Rydex Inverse Nasdaq maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the entity had a -0.13% return per unit of risk over the last 3 months. Rydex Inverse Nasdaq exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rydex Inverse's Risk Adjusted Performance of (0.07), coefficient of variation of (1,069), and Variance of 4.78 to confirm the risk estimate we provide.
Rydex Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Rydex |
Sharpe Ratio = -0.135
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Estimated Market Risk
2.04 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Rydex Inverse 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 Rydex Inverse by adding Rydex Inverse to a well-diversified portfolio.
Rydex Inverse Mutual Fund Price History Chart
There are several ways to analyze Rydex Inverse Nasdaq 100 Fund price data. The simplest method is using a basic Rydex candlestick price chart, which shows Rydex Inverse price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | September 6, 2024 | 14.79 |
Lowest Price | November 8, 2024 | 11.31 |
Rydex Inverse December 1, 2024 Mutual Fund Price Synopsis
Various analyses of Rydex Inverse's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Rydex Mutual Fund. It can be used to describe the percentage change in the price of Rydex Inverse from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Rydex Mutual Fund.Rydex Inverse Price Rate Of Daily Change | 0.98 | |
Rydex Inverse Price Action Indicator | (0.10) |
Rydex Inverse December 1, 2024 Mutual Fund Price Analysis
Rydex Mutual Fund Price History Data
The price series of Rydex Inverse for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 has a statistical range of 3.48 with a coefficient of variation of 6.31. The price distribution for the period has arithmetic mean of 12.54. The median price for the last 90 days is 12.43. The company completed stock split (1-10) on 10th of August 2020. Rydex Inverse Nasdaq had dividends distributed to its stock-holders on 12/17/2019.Open | High | Low | Close | Volume | ||
12/01/2024 | 11.56 | 11.56 | 11.56 | 11.56 | ||
11/29/2024 | 11.56 | 11.56 | 11.56 | 11.56 | 1.00 | |
11/27/2024 | 11.76 | 11.76 | 11.76 | 11.76 | 1.00 | |
11/26/2024 | 11.56 | 11.56 | 11.56 | 11.56 | 1.00 | |
11/25/2024 | 11.69 | 11.69 | 11.69 | 11.69 | 1.00 | |
11/22/2024 | 11.71 | 11.71 | 11.71 | 11.71 | 1.00 | |
11/21/2024 | 11.74 | 11.74 | 11.74 | 11.74 | 1.00 | |
11/20/2024 | 11.83 | 11.83 | 11.83 | 11.83 | 1.00 | |
11/19/2024 | 11.81 | 11.81 | 11.81 | 11.81 | 1.00 | |
11/18/2024 | 11.97 | 11.97 | 11.97 | 11.97 | 1.00 | |
11/15/2024 | 12.14 | 12.14 | 12.14 | 12.14 | 1.00 | |
11/14/2024 | 11.57 | 11.57 | 11.57 | 11.57 | 1.00 | |
11/13/2024 | 11.41 | 11.41 | 11.41 | 11.41 | 1.00 | |
11/12/2024 | 11.37 | 11.37 | 11.37 | 11.37 | 1.00 | |
11/11/2024 | 11.33 | 11.33 | 11.33 | 11.33 | 1.00 | |
11/08/2024 | 11.31 | 11.31 | 11.31 | 11.31 | 1.00 | |
11/07/2024 | 11.33 | 11.33 | 11.33 | 11.33 | 1.00 | |
11/06/2024 | 11.69 | 11.69 | 11.69 | 11.69 | 1.00 | |
11/05/2024 | 12.36 | 12.36 | 12.36 | 12.36 | 1.00 | |
11/04/2024 | 12.69 | 12.69 | 12.69 | 12.69 | 1.00 | |
11/01/2024 | 12.60 | 12.60 | 12.60 | 12.60 | 1.00 | |
10/31/2024 | 12.77 | 12.77 | 12.77 | 12.77 | 1.00 | |
10/30/2024 | 12.17 | 12.17 | 12.17 | 12.17 | 1.00 | |
10/29/2024 | 11.98 | 11.98 | 11.98 | 11.98 | 1.00 | |
10/28/2024 | 12.21 | 12.21 | 12.21 | 12.21 | 1.00 | |
10/25/2024 | 12.21 | 12.21 | 12.21 | 12.21 | 1.00 | |
10/24/2024 | 12.35 | 12.35 | 12.35 | 12.35 | 1.00 | |
10/23/2024 | 12.55 | 12.55 | 12.55 | 12.55 | 1.00 | |
10/22/2024 | 12.17 | 12.17 | 12.17 | 12.17 | 1.00 | |
10/21/2024 | 12.19 | 12.19 | 12.19 | 12.19 | 1.00 | |
10/18/2024 | 12.23 | 12.23 | 12.23 | 12.23 | 1.00 | |
10/17/2024 | 12.38 | 12.38 | 12.38 | 12.38 | 1.00 | |
10/16/2024 | 12.40 | 12.40 | 12.40 | 12.40 | 1.00 | |
10/15/2024 | 12.41 | 12.41 | 12.41 | 12.41 | 1.00 | |
10/14/2024 | 12.08 | 12.08 | 12.08 | 12.08 | 1.00 | |
10/11/2024 | 12.28 | 12.28 | 12.28 | 12.28 | 1.00 | |
10/10/2024 | 12.30 | 12.30 | 12.30 | 12.30 | 1.00 | |
10/09/2024 | 12.26 | 12.26 | 12.26 | 12.26 | 1.00 | |
10/08/2024 | 12.46 | 12.46 | 12.46 | 12.46 | 1.00 | |
10/07/2024 | 12.85 | 12.85 | 12.85 | 12.85 | 1.00 | |
10/04/2024 | 12.56 | 12.56 | 12.56 | 12.56 | 1.00 | |
10/03/2024 | 12.86 | 12.86 | 12.86 | 12.86 | 1.00 | |
10/02/2024 | 12.84 | 12.84 | 12.84 | 12.84 | 1.00 | |
10/01/2024 | 12.87 | 12.87 | 12.87 | 12.87 | 1.00 | |
09/30/2024 | 12.51 | 12.51 | 12.51 | 12.51 | 1.00 | |
09/27/2024 | 12.57 | 12.57 | 12.57 | 12.57 | 1.00 | |
09/26/2024 | 12.43 | 12.43 | 12.43 | 12.43 | 1.00 | |
09/25/2024 | 12.60 | 12.60 | 12.60 | 12.60 | 1.00 | |
09/24/2024 | 12.63 | 12.63 | 12.63 | 12.63 | 1.00 | |
09/23/2024 | 12.75 | 12.75 | 12.75 | 12.75 | 1.00 | |
09/20/2024 | 12.81 | 12.81 | 12.81 | 12.81 | 1.00 | |
09/19/2024 | 12.74 | 12.74 | 12.74 | 12.74 | 1.00 | |
09/18/2024 | 13.42 | 13.42 | 13.42 | 13.42 | 1.00 | |
09/17/2024 | 13.29 | 13.29 | 13.29 | 13.29 | 1.00 | |
09/16/2024 | 13.30 | 13.30 | 13.30 | 13.30 | 1.00 | |
09/13/2024 | 13.17 | 13.17 | 13.17 | 13.17 | 1.00 | |
09/12/2024 | 13.29 | 13.29 | 13.29 | 13.29 | 1.00 | |
09/11/2024 | 13.55 | 13.55 | 13.55 | 13.55 | 1.00 | |
09/10/2024 | 14.16 | 14.16 | 14.16 | 14.16 | 1.00 | |
09/09/2024 | 14.41 | 14.41 | 14.41 | 14.41 | 1.00 | |
09/06/2024 | 14.79 | 14.79 | 14.79 | 14.79 | 1.00 |
About Rydex Inverse Mutual Fund history
Rydex Inverse 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 Rydex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rydex Inverse Nasdaq 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 Rydex Inverse stock prices may prove useful in developing a viable investing in Rydex Inverse
The fund employs as its investment strategy a program of engaging in short sales of securities generally included in the underlying index and investing in 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 opposite to the securities of companies included in the underlying index. The fund is non-diversified.
Rydex Inverse Mutual Fund Technical Analysis
Rydex Inverse 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.
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Rydex Inverse Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rydex Inverse's price direction in advance. Along with the technical and fundamental analysis of Rydex Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rydex 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 | (0.07) | |||
Jensen Alpha | 0.0314 | |||
Total Risk Alpha | (0.58) | |||
Treynor Ratio | 0.1113 |
Cycle Indicators | ||
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Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Other Information on Investing in Rydex Mutual Fund
Rydex Inverse financial ratios help investors to determine whether Rydex 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 Rydex with respect to the benefits of owning Rydex Inverse security.
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