Rydex Inverse Nasdaq 100 Fund Manager Performance Evaluation
| RYCDX Fund | USD 11.76 0.20 1.73% |
The fund holds a Beta of -0.24, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Rydex Inverse are expected to decrease at a much lower rate. During the bear market, Rydex Inverse is likely to outperform the market.
Risk-Adjusted Performance
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Weak | Strong |
Very Weak
Over the last 90 days Rydex Inverse Nasdaq 100 has generated negative risk-adjusted returns adding no value to fund investors. In spite of weak performance in the last few months, the Fund's fundamental indicators remain fairly strong which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long term up-swing for the fund investors.
...more| Expense Ratio Date | 1st of August 2022 | |
| Expense Ratio | 2.5000 |
Rydex |
Rydex Inverse Relative Risk vs. Return Landscape
If you would invest 1,398 in Rydex Inverse Nasdaq 100 on August 31, 2024 and sell it today you would lose (222.00) from holding Rydex Inverse Nasdaq 100 or give up 15.88% of portfolio value over 90 days. Rydex Inverse Nasdaq 100 is currently producing negative expected returns and takes up 2.0528% volatility of returns over 90 trading days. Put another way, 18% of traded mutual funds are less volatile than Rydex, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Rydex Inverse Current Valuation
Overvalued
Today
Please note that Rydex Inverse's price fluctuation is not too volatile at this time. At this time, the fund appears to be overvalued. Rydex Inverse Nasdaq holds a recent Real Value of $11.09 per share. The prevailing price of the fund is $11.76. We determine the value of Rydex Inverse Nasdaq from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Rydex Inverse is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Rydex Mutual Fund. However, Rydex Inverse's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 11.76 | Real 11.09 | Hype 11.76 | Naive 11.93 |
The intrinsic value of Rydex Inverse's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Rydex Inverse's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Rydex Inverse Nasdaq 100 helps investors to forecast how Rydex mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Rydex Inverse more accurately as focusing exclusively on Rydex Inverse's fundamentals will not take into account other important factors: Rydex Inverse Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rydex Inverse's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Rydex Inverse Nasdaq 100, and traders can use it to determine the average amount a Rydex Inverse's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1234
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RYCDX |
Estimated Market Risk
| 2.05 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 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 Fundamentals Growth
Rydex Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Rydex Inverse, and Rydex Inverse fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Rydex Mutual Fund performance.
| Total Asset | 280 K | |||
About Rydex Inverse Performance
Evaluating Rydex Inverse's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Rydex Inverse has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Rydex Inverse has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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. Rydex Dynamic is traded on NASDAQ Exchange in the United States.Things to note about Rydex Inverse Nasdaq performance evaluation
Checking the ongoing alerts about Rydex Inverse for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Rydex Inverse Nasdaq help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Rydex Inverse Nasdaq generated a negative expected return over the last 90 days | |
| This fund generated-37.0 ten year return of -37.0% | |
| Rydex Inverse maintains about 82.59% of its assets in cash |
- Analyzing Rydex Inverse's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Rydex Inverse's stock is overvalued or undervalued compared to its peers.
- Examining Rydex Inverse's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Rydex Inverse's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Rydex Inverse's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Rydex Inverse's mutual fund. These opinions can provide insight into Rydex Inverse's potential for growth and whether the stock is currently undervalued or overvalued.
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.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |