Nasdaq 100 2x Strategy Fund Buy Hold or Sell Recommendation
| RYVYX Fund | USD 549.25 2.26 0.41% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Nasdaq 100 2x Strategy is 'Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Nasdaq 100 2x Strategy given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Nasdaq 100 2x Strategy, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Nasdaq-100(r) Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Nasdaq-100(r) and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Nasdaq 100 2x Strategy. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Nasdaq-100(r) |
Execute Nasdaq-100(r) Buy or Sell Advice
The Nasdaq-100(r) recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nasdaq 100 2x Strategy. Macroaxis does not own or have any residual interests in Nasdaq 100 2x Strategy or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nasdaq-100(r)'s advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Analyst Consensus | Not Available | Details |
Nasdaq-100(r) Trading Alerts and Improvement Suggestions
| Nasdaq 100 2x generated a negative expected return over the last 90 days | |
| The fund maintains 92.36% of its assets in stocks |
Nasdaq-100(r) Returns Distribution Density
The distribution of Nasdaq-100(r)'s historical returns is an attempt to chart the uncertainty of Nasdaq-100(r)'s future price movements. The chart of the probability distribution of Nasdaq-100(r) daily returns describes the distribution of returns around its average expected value. We use Nasdaq 100 2x Strategy price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nasdaq-100(r) returns is essential to provide solid investment advice for Nasdaq-100(r).
| Mean Return | -0.0072 | Value At Risk | -4.15 | Potential Upside | 3.28 | Standard Deviation | 2.39 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nasdaq-100(r) historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Nasdaq-100(r) Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Nasdaq-100(r) or Rydex Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Nasdaq-100(r)'s price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Nasdaq-100(r) fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 1.04 | |
σ | Overall volatility | 2.52 | |
Ir | Information ratio | -0.0093 |
Nasdaq-100(r) Volatility Alert
Nasdaq 100 2x Strategy exhibits very low volatility with skewness of -0.79 and kurtosis of 0.95. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nasdaq-100(r)'s mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nasdaq-100(r)'s mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Nasdaq-100(r) Fundamentals Vs Peers
Comparing Nasdaq-100(r)'s fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nasdaq-100(r)'s direct or indirect competition across all of the common fundamentals between Nasdaq-100(r) and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nasdaq-100(r) or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Nasdaq-100(r)'s fundamental indicators could also be used in its relative valuation, which is a method of valuing Nasdaq-100(r) by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nasdaq-100(r) to competition |
| Fundamentals | Nasdaq-100(r) | Peer Average |
| Price To Earning | 20.67 X | 6.53 X |
| Price To Book | 4.56 X | 0.74 X |
| Price To Sales | 2.92 X | 0.61 X |
| Year To Date Return | 4.49 % | 0.39 % |
| One Year Return | 39.09 % | 4.15 % |
| Three Year Return | 20.27 % | 3.60 % |
| Five Year Return | 25.66 % | 3.24 % |
| Ten Year Return | 32.75 % | 1.79 % |
| Net Asset | 735.68 M | 4.11 B |
| Minimum Initial Investment | 2.5 K | 976.16 K |
| Cash Position Weight | 3.40 % | 10.61 % |
| Equity Positions Weight | 92.36 % | 63.90 % |
| Bond Positions Weight | 4.25 % | 11.24 % |
Nasdaq-100(r) Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nasdaq-100(r) . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 549.25 | |||
| Day Typical Price | 549.25 | |||
| Price Action Indicator | 1.13 | |||
| Period Momentum Indicator | 2.26 | |||
| Relative Strength Index | 55.71 |
About Nasdaq-100(r) Buy or Sell Advice
When is the right time to buy or sell Nasdaq 100 2x Strategy? Buying financial instruments such as Nasdaq-100(r) Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in Nasdaq-100(r) Mutual Fund
Nasdaq-100(r) financial ratios help investors to determine whether Nasdaq-100(r) 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 Nasdaq-100(r) with respect to the benefits of owning Nasdaq-100(r) security.
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