Inverse Dow 2x Fund Price on November 5, 2024
| RYCZX Fund | USD 23.47 0.55 2.29% |
Below is the normalized historical share price chart for Inverse Dow 2x extending back to June 21, 2005. 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 Inverse Dow stands at 23.47, as last reported on the 22nd of December, with the highest price reaching 23.47 and the lowest price hitting 23.47 during the day.
If you're considering investing in Inverse Mutual Fund, it is important to understand the factors that can impact its price. Inverse Dow 2x holds Efficiency (Sharpe) Ratio of -0.0578, which attests that the entity had a -0.0578% return per unit of risk over the last 3 months. Inverse Dow 2x exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Inverse Dow's Risk Adjusted Performance of (0.04), market risk adjusted performance of 0.066, and Standard Deviation of 1.63 to validate the risk estimate we provide.
Inverse Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Inverse |
Sharpe Ratio = -0.0578
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| Negative Returns | RYCZX |
Estimated Market Risk
| 1.64 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Inverse Dow 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 Inverse Dow by adding Inverse Dow to a well-diversified portfolio.
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Inverse Dow Valuation on November 5, 2024
It is possible to determine the worth of Inverse Dow on a given historical date. On November 5, 2024 Inverse was worth 25.29 at the beginning of the trading date compared to the closed value of 25.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Inverse Dow mutual fund. Still, in general, we apply an absolute valuation method to find Inverse Dow'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 Inverse Dow where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Inverse Dow's related companies.
| Open | High | Low | Close | Volume | |
| 25.81 | 25.81 | 25.81 | 25.81 | 1.00 | |
11/05/2024 | 25.29 | 25.29 | 25.29 | 25.29 | 1.00 |
| 23.49 | 23.49 | 23.49 | 23.49 | 1.00 |
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Inverse Dow Trading Date Momentum on November 5, 2024
| On November 06 2024 Inverse Dow 2x was traded for 23.49 at the closing time. The highest daily price throughout the period was 23.49 and the lowest price was 23.49 . There was no trading activity during the period 1.0. Lack of trading volume on 11/06/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 7.12% . The trading delta at closing time to current closing price is 5.73% . |
Inverse Dow 2x Fundamentals Correlations and Trends
By evaluating Inverse Dow'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 Inverse Dow's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Inverse financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Inverse Dow Mutual Fund history
Inverse Dow 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 Inverse is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Inverse Dow 2x 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 Inverse Dow stock prices may prove useful in developing a viable investing in Inverse Dow
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.
Inverse Dow Mutual Fund Technical Analysis
Inverse Dow 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
Inverse Dow Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Inverse Dow 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.
Inverse Dow December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Inverse Dow 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 Inverse Dow shares will generate the highest return on investment. By undertsting and applying Inverse Dow mutual fund market strength indicators, traders can identify Inverse Dow 2x entry and exit signals to maximize returns
Inverse Dow Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Inverse Dow's price direction in advance. Along with the technical and fundamental analysis of Inverse Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Inverse 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 | (0.04) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | 0.056 |
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Inverse Mutual Fund
Inverse Dow financial ratios help investors to determine whether Inverse 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 Inverse with respect to the benefits of owning Inverse Dow security.
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